To Gamble or To Invest? - page 81. | Bitcointalksearch.org

shulio

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Quote from: wuvdoll on November 22, 2016, 10:58:58 AM

if one person is interested in gambling and having some experience and skill of gambling then he can make money in gambling

That is just plain stupid if you think that in gambling it totally require your skill. It requires luck and luck is not something that you could easily get so it is just plain worthless to think that wehnever you have a good knowledge about what to do in gambling then you will ended up getting some profit

wuvdoll

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Quote from: arseaboy on November 22, 2016, 08:14:32 AM

Quote from: boyptc on November 22, 2016, 03:27:08 AM

Quote from: katrimans on November 22, 2016, 03:22:41 AM

Quote from: hua_hui on November 20, 2016, 01:45:43 AM

We always heard that it is very hard to win against the house due to the house edge and i truly believe in that. And in math, people already have calculated that gambling always give you negative expected values, so you tend to lose than to gain. That is why investment is a better choice for me.

But tell me one investment that has no risks ? I think there none investments as such.
Now you might say that investments have less risks while gambling have high risks, right ? Then gamble at low odds and it becomes an investment I think.

Yeah, there is no investment that doesn't have risk as most of them has risk and we don't have an assurance if we invest into bankroll casino's or other types of investments if we are going to get profit as usual. But of course if you are sick of letting your money burn and the house always win, then that's the right time to try something else such as investment.

Yeah both gambling and investment have risks but it's better to lose some money in investing rather than if you play in gambling.. because you know you still have a way to catch up with your loses in investment.. not in gambling, the consistency of losing is more favorable in the long run.

To me it is depending on the interest of the people, if one person is interested in gambling and having some experience and skill of gambling then he can make money in gambling, and those people who have good knowledge of trading they can earn money in trading, so different people have different choice.

arseaboy

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Quote from: boyptc on November 22, 2016, 03:27:08 AM

Quote from: katrimans on November 22, 2016, 03:22:41 AM

Quote from: hua_hui on November 20, 2016, 01:45:43 AM

We always heard that it is very hard to win against the house due to the house edge and i truly believe in that. And in math, people already have calculated that gambling always give you negative expected values, so you tend to lose than to gain. That is why investment is a better choice for me.

But tell me one investment that has no risks ? I think there none investments as such.
Now you might say that investments have less risks while gambling have high risks, right ? Then gamble at low odds and it becomes an investment I think.

Yeah, there is no investment that doesn't have risk as most of them has risk and we don't have an assurance if we invest into bankroll casino's or other types of investments if we are going to get profit as usual. But of course if you are sick of letting your money burn and the house always win, then that's the right time to try something else such as investment.

Yeah both gambling and investment have risks but it's better to lose some money in investing rather than if you play in gambling.. because you know you still have a way to catch up with your loses in investment.. not in gambling, the consistency of losing is more favorable in the long run.

goldcoinminer

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Quote from: boyptc on November 22, 2016, 03:27:08 AM

Quote from: katrimans on November 22, 2016, 03:22:41 AM

Quote from: hua_hui on November 20, 2016, 01:45:43 AM

We always heard that it is very hard to win against the house due to the house edge and i truly believe in that. And in math, people already have calculated that gambling always give you negative expected values, so you tend to lose than to gain. That is why investment is a better choice for me.

But tell me one investment that has no risks ? I think there none investments as such.
Now you might say that investments have less risks while gambling have high risks, right ? Then gamble at low odds and it becomes an investment I think.

Yeah, there is no investment that doesn't have risk as most of them has risk and we don't have an assurance if we invest into bankroll casino's or other types of investments if we are going to get profit as usual. But of course if you are sick of letting your money burn and the house always win, then that's the right time to try something else such as investment.

The risk is given but when talking of investment you will have a chance to earn profit compared to just gambling alone where most gamblers has no success in the long run. For smart people, gambling and investing should have a different meaning.

boyptc

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Quote from: katrimans on November 22, 2016, 03:22:41 AM

Quote from: hua_hui on November 20, 2016, 01:45:43 AM

We always heard that it is very hard to win against the house due to the house edge and i truly believe in that. And in math, people already have calculated that gambling always give you negative expected values, so you tend to lose than to gain. That is why investment is a better choice for me.

But tell me one investment that has no risks ? I think there none investments as such.
Now you might say that investments have less risks while gambling have high risks, right ? Then gamble at low odds and it becomes an investment I think.

Yeah, there is no investment that doesn't have risk as most of them has risk and we don't have an assurance if we invest into bankroll casino's or other types of investments if we are going to get profit as usual. But of course if you are sick of letting your money burn and the house always win, then that's the right time to try something else such as investment.

katrimans

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Quote from: hua_hui on November 20, 2016, 01:45:43 AM

We always heard that it is very hard to win against the house due to the house edge and i truly believe in that. And in math, people already have calculated that gambling always give you negative expected values, so you tend to lose than to gain. That is why investment is a better choice for me.

But tell me one investment that has no risks ? I think there none investments as such.
Now you might say that investments have less risks while gambling have high risks, right ? Then gamble at low odds and it becomes an investment I think.

mirakal

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Quote from: CoinFoxs on November 22, 2016, 02:53:01 AM

Quote from: Sponsoredby15 on November 21, 2016, 08:53:11 AM

For me gambling is really good than to invest first thing to do is just trust your self and don't trust investment website it's like you are going to deposit and earn from your own money and waiting to get back to return your investment before you can make profit there in gambling if you are good then you can easily made profit instantly.

Everyone have their own opinion so i personally think investment is best than gambling, because in gambling risk rate is very high even if you are a good gambler, gambling is totally based on luck and you lost most of the time while playing. So stop playing gambling if you really want to earn some bitcoins without loosing your own coins.

Totally? Not really, if that is the case then I would not make any effort anymore finding ways to increase my winning percentage in gambling. Maybe for gambler who do it occasionally thinks that it's base on luck but for us who gambles for the money we have to be skilled to win.

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Quote from: Sponsoredby15 on November 21, 2016, 08:53:11 AM

For me gambling is really good than to invest first thing to do is just trust your self and don't trust investment website it's like you are going to deposit and earn from your own money and waiting to get back to return your investment before you can make profit there in gambling if you are good then you can easily made profit instantly.

Everyone have their own opinion so i personally think investment is best than gambling, because in gambling risk rate is very high even if you are a good gambler, gambling is totally based on luck and you lost most of the time while playing. So stop playing gambling if you really want to earn some bitcoins without loosing your own coins.

Positid

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Quote from: magneto on November 22, 2016, 01:09:49 AM

Quote from: 20kevin20 on November 22, 2016, 01:08:12 AM

Quote from: erwin45hacked on November 22, 2016, 12:48:28 AM

Quote from: richmcrich on November 21, 2016, 11:46:40 PM

Yeah the only reason behind gamblers is that they have small amount and they want quick winnings

There is no point in gambling when you dont really have the significant amount of bankroll. You might be lucky and turn atleast ten fold of your bankroll however if you start with only few cents or few dollars then even if you win then there is no reason for you to quit because the amount that you earned is still small

The bankroll required to have winnings assured is HUGE, and casinos always had a limit. With Bitcoin you can start from just a satoshi which is like nothing. Most of the time you need a sum of money that is likely impossible for you to own or to be allowed to bet. For example, with martingale it's impossible if you get over 20 losses.

There is never a bankroll minimum that you are always assured to have winnings. Even if you have 50 BTC you have a chance to lose all your money when you martingale with a base bet of 1 satoshi. If you run this over and over again eventually you are guaranteed to lose statistically speaking.

So basically, the more you allow your dice bot to win, the more likely you will lose Grin

Having a good capital is more important to me, I do not want martingale especially with that amount of money as I am pretty sure it will max out my bankroll in the event I am having a cold streak.

magneto

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Quote from: 20kevin20 on November 22, 2016, 01:08:12 AM

Quote from: erwin45hacked on November 22, 2016, 12:48:28 AM

Quote from: richmcrich on November 21, 2016, 11:46:40 PM

Yeah the only reason behind gamblers is that they have small amount and they want quick winnings

There is no point in gambling when you dont really have the significant amount of bankroll. You might be lucky and turn atleast ten fold of your bankroll however if you start with only few cents or few dollars then even if you win then there is no reason for you to quit because the amount that you earned is still small

The bankroll required to have winnings assured is HUGE, and casinos always had a limit. With Bitcoin you can start from just a satoshi which is like nothing. Most of the time you need a sum of money that is likely impossible for you to own or to be allowed to bet. For example, with martingale it's impossible if you get over 20 losses.

There is never a bankroll minimum that you are always assured to have winnings. Even if you have 50 BTC you have a chance to lose all your money when you martingale with a base bet of 1 satoshi. If you run this over and over again eventually you are guaranteed to lose statistically speaking.

So basically, the more you allow your dice bot to win, the more likely you will lose Grin

20kevin20

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Quote from: erwin45hacked on November 22, 2016, 12:48:28 AM

Quote from: richmcrich on November 21, 2016, 11:46:40 PM

Yeah the only reason behind gamblers is that they have small amount and they want quick winnings

There is no point in gambling when you dont really have the significant amount of bankroll. You might be lucky and turn atleast ten fold of your bankroll however if you start with only few cents or few dollars then even if you win then there is no reason for you to quit because the amount that you earned is still small

The bankroll required to have winnings assured is HUGE, and casinos always had a limit. With Bitcoin you can start from just a satoshi which is like nothing. Most of the time you need a sum of money that is likely impossible for you to own or to be allowed to bet. For example, with martingale it's impossible if you get over 20 losses.

magneto

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Quote from: bitcoinmasterlord on November 22, 2016, 12:59:31 AM

Quote from: erwin45hacked on November 22, 2016, 12:48:28 AM

Quote from: richmcrich on November 21, 2016, 11:46:40 PM

Yeah the only reason behind gamblers is that they have small amount and they want quick winnings

There is no point in gambling when you dont really have the significant amount of bankroll. You might be lucky and turn atleast ten fold of your bankroll however if you start with only few cents or few dollars then even if you win then there is no reason for you to quit because the amount that you earned is still small

If you gamble only for fun purpose, then the small amount should be good enough to enjoy the games. But you aim to make money from these games then you may need a big bankroll to play for a longer time but this will not guaranty you that will win at the end. Only luck can help to bring you money in gambling.

Yeah definitely. I think that it is a smart idea to only gamble for the fun, and never for the profits. The only thing that differentiates investing and gambling is that the risks are unknown in investing as you can never predict what is going to happen in the future, but in gambling there is a fixed house edge that rules over every single roll you do in the casino.

Investing isn't addicting, but gambling is.

bitcoinmasterlord

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Quote from: erwin45hacked on November 22, 2016, 12:48:28 AM

Quote from: richmcrich on November 21, 2016, 11:46:40 PM

Yeah the only reason behind gamblers is that they have small amount and they want quick winnings

There is no point in gambling when you dont really have the significant amount of bankroll. You might be lucky and turn atleast ten fold of your bankroll however if you start with only few cents or few dollars then even if you win then there is no reason for you to quit because the amount that you earned is still small

If you gamble only for fun purpose, then the small amount should be good enough to enjoy the games. But you aim to make money from these games then you may need a big bankroll to play for a longer time but this will not guaranty you that will win at the end. Only luck can help to bring you money in gambling.

erwin45hacked

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Quote from: richmcrich on November 21, 2016, 11:46:40 PM

Yeah the only reason behind gamblers is that they have small amount and they want quick winnings

There is no point in gambling when you dont really have the significant amount of bankroll. You might be lucky and turn atleast ten fold of your bankroll however if you start with only few cents or few dollars then even if you win then there is no reason for you to quit because the amount that you earned is still small

richmcrich

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Quote from: fullypak on November 19, 2016, 06:53:33 PM

gambling is never made or considered as an investment product to earn money from it. But only people thinks that they can earn easy and fast money from it and end up losing money even faster in gambling. So gambling is for just enjoy the games and investing in any othe way like trading or investing on casino bankrolls, trading and etc., are for earning profits in the longer run.

Yeah the only reason behind gamblers is that they have small amount and they want quick winnings while reason behind trading is people have a lot of money and are looking for easy and safe profits even if they are slow and require patience.

In my opinion, if you want quick result for capital then go for gambling (no assurance for any returns still you will get results for your luck), trading is good for slow results (still no returns assured when choosing non-reputed programs. )

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Quote from: Doamader on November 21, 2016, 04:29:49 PM

Invest will always be the best option if we can choose, gamble wont bring us the fortune we do wanna to achieve, with an investment we can get some income all days, better then risk our money all days. Some people are able to profit with gambling, but they are exposed to the risk to loose money for the gamble website.

It's not actually you are getting income all day but you have a decent chance, investment does not mean "money", some failed and some succeed. Now, if you do not have the right skills and knowledge to be successful, you will be having a big problem with managing your investment and might lose it.

Doamader

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Invest will always be the best option if we can choose, gamble wont bring us the fortune we do wanna to achieve, with an investment we can get some income all days, better then risk our money all days. Some people are able to profit with gambling, but they are exposed to the risk to loose money for the gamble website.

AikoniA

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I am prefer to invest my bitcoin but not on any gambling site or ponzi site
i think it will not secure my funds it will make profits or otherwise lose all my funds
but i am prefer to invest it at real life usually invest it on my friends whos have real bussines

wuvdoll

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Quote from: cazkooo on November 20, 2016, 02:09:57 AM

Quote from: fullypak on November 19, 2016, 06:53:33 PM

It is not different people opinion because gambling is never made or considered as an investment product to earn money from it. But only people thinks that they can earn easy and fast money from it and end up losing money even faster in gambling. So gambling is for just enjoy the games

Some people are just plain stupid, there is no way that you could get money from gambling unless you put in hard amount just from the start of the game and hope that you get lucky, quit instantly if you win as if in long run you wont get any profit at all and you are going to lose every cent that you wager

How can you call hufflepuff stupid ? Roll Eyes

Man there are people who have won from gambling and calling them stupid means you haven't seen any such winner. For once visit a reputed dice site and see the high rollers tab and you will see some loosers yeah but some winners too !

Monnt

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Quote from: upsidedown75 on November 20, 2016, 12:40:02 AM

Quote from: futurebit640 on November 15, 2016, 11:06:49 PM

Quote from: Shenzou on November 15, 2016, 01:54:48 PM

possibly investment is better and safer than gambling because you never know when things might go wrong when gambling you could get extremely lucky and get rich fast or you can bet on something everyone knows it for sure and practically only win a few satoshis but on the other hand investment is predictable and there is an explanation to every thing

I agree that Investment is better to compare Gambling. But this is not easy here also we will face many problems, and we should be aware of scammers, and we don't know when the invested sites will go down. Some sites will close without informing customers like this many problems. So nothing is easy but if you want to make money then take a risk and invest that's it.

We all know gambling is addictive and we will always loose in it. And I also agree that investment has its own risks, but tell me suppose you are investing in long term assets like investing in bitcoins then how can you loose ?

At the same time if you gamble arbitrage how can you loose ? So, how you do is more important than what you do.

Well, I agree with that but mate we can loose in arbitrage bets too as though they are usually safe but still there is a sleep chance of loosing. While trading with price of bitcoins is safe but there might be a downfall too. I think the only safe investment is where you are working yourself like you are building a team or something.

Topic: To Gamble or To Invest? - page 81. (Read 89203 times)