Simple way to earn Bitcoins through Gambling and Casino games. - page 3.

Hell-raiser

sr. member

Activity: 462

Merit: 515

Quote from: Betwrong on January 11, 2018, 05:59:31 AM

Quote from: milewilda on January 10, 2018, 04:44:10 PM

Quote from: Golftech on January 10, 2018, 12:40:45 PM

Quote from: Hell-raiser on January 10, 2018, 12:21:07 PM

Quote from: Betwrong on January 10, 2018, 12:08:07 PM

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.

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: emberbekas on January 11, 2018, 06:48:12 AM

Quote from: Betwrong on January 11, 2018, 05:59:31 AM

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.

The house edge is just another reason why people mostly get the bad result on casinos. Tbh, even though there is no house edge, the end result for most gamblers in my opinion won't be different. Greed is the main reason why gamblers can not get the good result in this type of business.

How can you expect casino without any house edge, I do not think if any of them do not have house edge which means they will much probably scam us for sure. Let say in dice, how can they even play with 50/50 chance? Player play with luck but not on house, if they do this, house will never have secure win, this is good to player but nothing good on the house

GeorgeEden

member

Activity: 126

Merit: 10

Patience and knowledge are gold.

Quote from: Md.Esamul Haque on December 09, 2017, 02:46:55 AM

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.

well how much % win rate there is? And also is there any gurantune that if its get bugged its gonna returt my money? if its gonna bug on bonus?free spins?and also one more question can i gamble with alt coins? or just bitcoin.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: emberbekas on January 11, 2018, 06:48:12 AM

Quote from: Betwrong on January 11, 2018, 05:59:31 AM

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.

The house edge is just another reason why people mostly get the bad result on casinos. Tbh, even though there is no house edge, the end result for most gamblers in my opinion won't be different. Greed is the main reason why gamblers can not get the good result in this type of business.

Exactly! That's what I was talking about. The size of house edge means a lot for gambling site owners but it means little for regular gamblers.

Basically, it goes like this. If one wins $100 on a gambling site with 1% house edge, he receives $99 and if one wins $100 on a gambling site with 2% house edge he receives $98. In both cases that's a win so a player would be happy. But if you lose, you lose and you are not happy and the reason for that is not the size of the house edge because the difference between rolling say either under 49.50 or under 49.00 is slim.

dvillier

member

Activity: 238

Merit: 57

Quote from: Sexie on January 11, 2018, 03:24:58 AM

Quote from: Md.Esamul Haque on December 09, 2017, 02:46:55 AM

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.

. Nobody gets rich in gambling in all my obseravations. The billionaire becomes a millionaire just because of gambling. The more your desire to get win , the more you gonna lose. So to gamble my Bitcoin from my hard work is not a good idea in my part. I never tried to Go on gambling and dont have any idea of doing such thing. I may just join games that Will increase my Bitcoin rather than to gamble. But anyway , if it is just for fun then Try, just wanna have to control it.

I don't agree with mate that no one can become rich while doing gambling. For me what is gambling.? Any game that you can play on challenge for me that is gambling. And if you have confidence on yourself and you know that you can play well then other then you can play with challenge so if you can prove that you are best then him then he will pay you otherwise you will pay to him. So no one can become rich in free but they need some potential of any work like traders, investor or best player of any game.

game-protect

hero member

Activity: 1344

Merit: 507

Crypto gambling becomes more and more famous for players and bettors around the world. This is because crypto currencies are anonymous + decentralized with instant transfers and low processing fees. But as crypto gambling can be offered anonymously, scammers try to take advantage of it.

We highly recommend to select crypto gambling operators wisely and please also take a look at the Online gambling scams! This list is of course not complete, as 100s of operators offer their service and new operators join the crypto gambling market regularly. But if a crypto gambling operator is on this list, you should definitely avoid them!

Crypto gambling sites with cost free consumer protection service

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: Betwrong on January 11, 2018, 05:59:31 AM

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.

The house edge is just another reason why people mostly get the bad result on casinos. Tbh, even though there is no house edge, the end result for most gamblers in my opinion won't be different. Greed is the main reason why gamblers can not get the good result in this type of business.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: milewilda on January 10, 2018, 04:44:10 PM

Quote from: Golftech on January 10, 2018, 12:40:45 PM

Quote from: Hell-raiser on January 10, 2018, 12:21:07 PM

Quote from: Betwrong on January 10, 2018, 12:08:07 PM

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.

CriticDivision

newbie

Activity: 4

Merit: 0

Gambling is a game, but not a way to earn serious money. If you want to earn something, the best way is to invest in cryptocurrency and just HODL.

Sexie

member

Activity: 420

Merit: 10

Quote from: Md.Esamul Haque on December 09, 2017, 02:46:55 AM

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.

. Nobody gets rich in gambling in all my obseravations. The billionaire becomes a millionaire just because of gambling. The more your desire to get win , the more you gonna lose. So to gamble my Bitcoin from my hard work is not a good idea in my part. I never tried to Go on gambling and dont have any idea of doing such thing. I may just join games that Will increase my Bitcoin rather than to gamble. But anyway , if it is just for fun then Try, just wanna have to control it.

adaseb

legendary

Activity: 3808

Merit: 1723

Like I said it before.

There are no ways to earn Bitcoin for free.

Only way to earn bitcoins for free if maybe if you had a timemachine, went back to 2009 and asked Satoshi to send you some.

There are people all over Bitcointalk, and Reddit who are beginning for "free bitcoins" but yet fail to realize that even 0.01 BTC is over $150 and nobody will send you that amount for nothing.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Golftech on January 10, 2018, 12:40:45 PM

Quote from: Hell-raiser on January 10, 2018, 12:21:07 PM

Quote from: Betwrong on January 10, 2018, 12:08:07 PM

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.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: Hell-raiser on January 10, 2018, 12:21:07 PM

Quote from: Betwrong on January 10, 2018, 12:08:07 PM

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.

Hell-raiser

sr. member

Activity: 462

Merit: 515

Quote from: Betwrong on January 10, 2018, 12:08:07 PM

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.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: Nerman on January 10, 2018, 12:29:39 AM

When you start thinking that gambling can give you a source of income then this will be the first step towarda gambling addiction.

If you keep on gambling for profit eventually you will lose because the house always wins. There is no casino online or landbased that gives a 50-50 chance. House will always have the edge.

I agree with you on the first part of your post, that kind of thinking indeed would be the first step toward gambling addiction, so it's better to not take OP's suggestion seriously.

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.

chris200x9

legendary

Activity: 1316

Merit: 1011

Quote from: Sky ChuRcH on January 08, 2018, 11:43:08 PM

Quote from: BitBite5 on January 08, 2018, 01:41:23 PM

I always hesitate when someone says that it has the method to easy earn bitcoin. We are all aware this is not easy and with gambling you always take the risk.
Gambling is opportunity to win some bitcoins but you can easily lose as well, don't forget that.

Agreed, I have tried some dice gambling and i think there is no way you can earn, win through playing those dice games. You will always lose at the end. Gambling is one of the biggest risk when it comes to earning bitcoins.

Gambling is not for making money but these games are designed to give us excitement and thrills. But if you expect money then very less chance that you earn money from these games. Also, you may win once or twice but if you gamble every day then your losing chances are more than winning because you can't be lucky every day. If play these games only for fun then no need worry much about the gambling risks but you can enjoy your time with these games.

Nerman

full member

Activity: 364

Merit: 107

When you start thinking that gambling can give you a source of income then this will be the first step towarda gambling addiction.

If you keep on gambling for profit eventually you will lose because the house always wins. There is no casino online or landbased that gives a 50-50 chance. House will always have the edge.

Hell-raiser

sr. member

Activity: 462

Merit: 515

Quote from: BTCevo on January 08, 2018, 11:07:33 PM

Quote from: Hell-raiser on January 08, 2018, 01:21:49 PM

Quote from: bill gator on January 08, 2018, 07:00:44 AM

Now and then you are able to find loopholes, exploits or just plain intelligent strategies that enable you to make consistent profit from gambling or casino games. This is not the regular or norm by any stretch of the imagination, even when it comes to trading or investing in stocks/Forex less than 1% of traders ever turn a profit consistently. Now many people wouldn't call Forex or stocks a gamble, but you've got to think if less than 1% of serious traders are profiting then how many regular gamblers do you think are turning a profit? If I had to guess, I would certainly assume there are less gamblers than traders/investors consistently profiting. I might be naive in thinking this, but gambling by it's nature is more random and volatile than a strategic investment/trading strategy

There is sort of "house edge" in trading too, and it is precisely because of this edge that most traders are suffering losses in the long run. In case of a casino this is obviously the house edge itself as the very name suggests, while in case of trading this edge belongs to exchanges, insiders, arbitrageurs and their likes. They are making use of the information which is not available to the rest of the market, and in a zero-sum game which most financial markets are this necessarily means losses to the latter. So just like it is impossible to beat a casino, pure luck aside, it is impossible to beat the former in trading.

This is the major cause why trading can be called gambling in its own right.

Where do you find this house edge on trading? Can you tell me here, since as far as I know there is no house edge on trading but there is only fee which is not that much compare to the profit you got from its volatility. I know gambling in a long run should benefit the house because of our lose but on the opposite, trading is much more successful than gambling although its profit is not as big as gambling site

Fee has nothing to do with what I say. Look, the trading "house edge" belongs to people who can milk the market in some way. Milking the market means that their profits are guaranteed or otherwise they don't trade. If we consider a market as a zero-sum game, which Bitcoin falls pretty close to if you ask me, then someone's wins are someone else's losses. But if a group of people can only win, the rest must fail. This advantage could be loosely called trading "house edge".

There is no free money in either trading or gambling, and someone has to pay for the show.

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: Sky ChuRcH on January 08, 2018, 11:43:08 PM

Quote from: BitBite5 on January 08, 2018, 01:41:23 PM

I always hesitate when someone says that it has the method to easy earn bitcoin. We are all aware this is not easy and with gambling you always take the risk.
Gambling is opportunity to win some bitcoins but you can easily lose as well, don't forget that.

Agreed, I have tried some dice gambling and i think there is no way you can earn, win through playing those dice games. You will always lose at the end. Gambling is one of the biggest risk when it comes to earning bitcoins.

I agree with you that "Gambling is one of the biggest risk when it comes to earning bitcoins" But one thought that always stroke my mind is either people are really making a living through bitcoins gambling as I thought that it is not different from the traditional risky way of gambling we know. I think if you have a good money management policy in place and a very nice strategies you will win at list 50/50.

Sky ChuRcH

newbie

Activity: 23

Merit: 0

Quote from: BitBite5 on January 08, 2018, 01:41:23 PM

I always hesitate when someone says that it has the method to easy earn bitcoin. We are all aware this is not easy and with gambling you always take the risk.
Gambling is opportunity to win some bitcoins but you can easily lose as well, don't forget that.

Agreed, I have tried some dice gambling and i think there is no way you can earn, win through playing those dice games. You will always lose at the end. Gambling is one of the biggest risk when it comes to earning bitcoins.

Topic: Simple way to earn Bitcoins through Gambling and Casino games. - page 3. (Read 1279 times)