Something Important To Know About about Betting and Prediction

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: Ucy on February 04, 2021, 08:45:06 AM

It's not a bad thing to bet or predict things. What is bad is the abuse of Betting/Prediction.

I believe there are people created for this purpose, or people talented in it.

So, don't be surprised when you see certain people you respect so much involved in betting/Prediction Market

Don't despise certain people when you see them involved in things related to Betting/Prediction. It could be their God-given talents you are hating or trying to suppressed.

I have always been fancinated by it and its markets (Betting/Prediction Market) right from my teenage days.

Some regard it as Betting, others Gambling, there are people who believe they mean thesame things. I don't think both mean thesame thing. But I understand that mixing both together could be due to people trying to comply with the law and how certain national laws see it. People make mistakes, so are the laws made by people who make mistakes. It is ok to identify the mistakes and avoid accepting them as true.

I'm very much interested in predicting world events, competitions, currency price, stock price, price of precious metals,
etc

It's about "Predicting or Betting on the Right Unknowns". It is not a bad thing if done morally/right.

There is a gambling site that I think will fit your Thread here , Visit this gambling thread as the prediction is really amazing and cool to Play with

https://bitcointalksearch.org/topic/--5288323

I had been Playing in that gambling/prediction site and i assure you , that you will love it Grin

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

Interesting conversation on Safe Betting and Gambling. Read through the bolded part especially👇.
Sometimes I wonder why those who define these words ignore obvious issues. A little bit of such confuse is dangerous for the mind if not unlearned.
Another example of definition issues by online dictionary is the calling of Church a Physical Building rather than The Gathering of Believers. Humans really are the Church according to the scripture. It's bothers me alot when church is called man-made building while it's not. It seems to be seen that way by People who depend on the law and the understanding of the world rather than what the scripture calls her.
I suspect the Betting/Prediction World was handled in similar manner by the dictionaries. Or maybe they just want to call it what the law or certain groups call it for the sake of obedience?

Quote from: ?? on ??

It's a good idea If it's a sponsorship by companies that encourage Gambling (or unsafe/irresponsible betting).
Responsible/safe betting companies/business could be accepted.
By the way, I wonder what companies/businesses they wish to start accepting. If they choose very safe companies/businesses, I think the betting companies could greatly improve their standards in order to qualify, by making sure they provide very useful and safe products/services to their betting customers.

if the gambling is unsafe or irresponsible it will be risky if for the footbal team to accept it because they will have a bad reputation if the fans and the whole world sees it but legit and responsible gambling cant stand a chance to be accepted no matter how much adjustment and improvements they are going to do because the government already declare the ban but they can hope that the mind of the government will change in the future .

Is it possible to have "legit and responsible gambling"? Can you say "Gamble with what you can afford to lose/risk" ? This doesn't make much sense because gambling is associated with taking big risk...which is kind of irresponsible considering that the risk could be reduce to the bare minimum for customers, and to qualify it as Safe Betting.

On a betting risk percentage scale(for inexperienced bettor), I would call 40% to 100%= Very risky bet (or gambling), 10% to 40% = Risky Bets, While 5% down is safe bets.

Ofcourse, I'm aware that online dictionaries define certain Betting /Prediction Market as gambling but that doesn't make sense when thesame word is used for big risk while couple of the predictions market may be practicing safe and useful bets. They have to be clear what gambling really is and shouldn't be linked to taking big/dangerous risk

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: Ucy on February 04, 2021, 08:45:06 AM

I believe there are people created for this purpose, or people talented in it.

You believe a man and woman fuck to get rich off their offspring? Grin

I know it's not much of a reply, but you just post garbage and never defend it. My kingdom for an intelligent conversation about men having babies!

minurre

jr. member

Activity: 43

Merit: 10

I think that very few people on this planet can predict, and I am sure that even they are sometimes wrong!

TheNineClub

full member

Activity: 616

Merit: 161

Betting / Gambling is done in numerous fields of life, we just don't perceive it in that way, but it's been around for as long as humans. What is interesting in your post is that we should make a distinction between regular gamblers and people who place strategic well-calculated bets. The second ones have in-depth knowledge that could come in handy for calculated and scientific predictions on, let's say, the future of cryptocurrencies. And not in a 'let's make some money sense' but more in line with scientific calculations and predictions about market fluctuations, stability, investments and future projects. Those type of people and that type of work could bring more well thought and needed stability to crypto.

MyCryptoDomains

jr. member

Activity: 63

Merit: 1

The majority of people who engage in this want quick easy money and end up losing. Hence the reputation of such communities.

semobo

full member

Activity: 1498

Merit: 146

Some religion(s) say it is not allowed to gamble in their religion so that is how the debate starts whether the risking of money to make money is right or not. But in my opinion it is okay as longas the player knows the consequences of the possible outcomes either it is a win or lose but people who bet money to make more money so they can eat for the entire month is something stupid to prohibit these religions were against it.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

It's not a bad thing to bet or predict things. What is bad is the abuse of Betting/Prediction.

I believe there are people created for this purpose, or people talented in it.

So, don't be surprised when you see certain people you respect so much involved in betting/Prediction Market

Don't despise certain people when you see them involved in things related to Betting/Prediction. It could be their God-given talents you are hating or trying to suppressed.

I have always been fancinated by it and its markets (Betting/Prediction Market) right from my teenage days.

Some regard it as Betting, others Gambling, there are people who believe they mean thesame things. I don't think both mean thesame thing. But I understand that mixing both together could be due to people trying to comply with the law and how certain national laws see it. People make mistakes, so are the laws made by people who make mistakes. It is ok to identify the mistakes and avoid accepting them as true.

I'm very much interested in predicting world events, competitions, currency price, stock price, price of precious metals,
etc

It's about "Predicting or Betting on the Right Unknowns". It is not a bad thing if done morally/right.

Topic: Something Important To Know About about Betting and Prediction (Read 53 times)