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Topic: Wagering More or Wagering Less - page 2. (Read 1033 times)

full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
May 20, 2020, 11:05:34 AM
In the world of gambling, it is full of risk and luck and it depends on your faith when you will get more earnings or profit. Sometimes there is some gambling that does not have any increase in the wages so the user will only win a fixed price. But sometimes it is not good because there is a chance that the player is comfortable with the game and wants to make more wages and make a lot of earnings but they cannot do anything because it has a fixed rate of prices. Still, there is some gambling platform that is on the part of the users they can now wage any amount they want and win it depends on how much they risk. For me as a gambler for a long time, I do this kind of action or method because it is easier to make more profit which is on the favor to make an income but before I do this kind of action I need to do some research before I wage high the best example of gambling is the sports and e-sports gambling because it depends on the capability of the users to win the game or not. But sometimes there are some things we cannot unexpected and these are the throws and injuries came from the players which can risk more on your funds. Still, it depends on the user if they want to make more money.

More Wagering does not guarantee a lot of profit and also, less wagering does not guarantee a little loss, things like this I think still cannot be ascertained precisely because even those who gamble do not know the end result will be lost or won. Well, when there is a wagering competition I only assume if they really are players who are really gambling addicts with lots of capital and high experience so I think it's natural they are very optimistic or maybe ambitious to win in the competition.

In a competition, you know the skills of the players so you have already got a piece of the information who is the possible winners of every game and one of the crucial here sometimes is the higher bracket players because it is hard to conclude which team will win the game because they are both strong.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
May 20, 2020, 10:00:55 AM
More Wagering does not guarantee a lot of profit and also, less wagering does not guarantee a little loss, things like this I think still cannot be ascertained precisely because even those who gamble do not know the end result will be lost or won. Well, when there is a wagering competition I only assume if they really are players who are really gambling addicts with lots of capital and high experience so I think it's natural they are very optimistic or maybe ambitious to win in the competition.
legendary
Activity: 2030
Merit: 1189
May 20, 2020, 09:46:22 AM
I'm not a fan of most wagering competitions, they're pretty much designed as a way for whales to minimize the house edge, while lower volume bettors end up betting more than they otherwise would for no benefit.

The only wagering contests or races I like are the ones that also reward some of the smaller participants, e.g. by having different price tiers by wagering value. This ensures even small but dedicated players can potentially get some benefit out of the promo.

Overall, if you're talking about pure statistics, it's always better to bet big and infrequently, than small and regularly. The way odds work is that you'll move closer to the expected distribution the more you bet, hence you're actually less likely to be in profit if you have tens of thousands of bets, than if you only have a few large bets.

That's why I tend to play with a good sum when I play minersweeper or dice or roulette or something, rather than going for the maximum number of bets to "improve my chances."—it doesn't improve your odds at all, and actually works against you.
hero member
Activity: 2660
Merit: 614
Leading Crypto Sports Betting & Casino Platform
May 20, 2020, 09:39:57 AM
It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?
Wagering more means increasing the chance of getting REKT and decreasing the time for burning the balance. It is kinda trade-off and incentives matter here. Wagering competitions are created for attracting the gamblers with lucrative promotions and they are convinced to take the bonus with hitting once. For one hit it can give X amount but we already have wagered more than double of the winning amount. In the long run, the only house wins.

Everyone knows that houses will win most of the time but still people are wagering and taking part in wagering competitions. People do get REKT but they still take risks because the winning amount is too much attractive.
hero member
Activity: 2856
Merit: 604
May 20, 2020, 08:11:49 AM
I still trying to manage the risk by preventing myself to play for a long time in one gambling website.

The fact that you are playing for long term in a gambling site, that means you trust the site, and that means you believe they are reputable.
An easy way to manage the risk is just don't put a big deposit that you will just let it stay, just do a regular deposit/withdrawal transaction after every gambling session.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 20, 2020, 02:00:51 AM
No matter if that site has reputations or the site is new, and both sites can give many bonus/promotions that will attract people to visit the site and gamble any games. But playing on the gambling site, which has a reputation will good for us as we know that the site operated for a long time. But if you are good to gamble on the new site, then that is your choice, and you should know about the site.
As long as you know the risk and you know how to manage it, you can always choose what site you will gamble.

Since I said I like to gamble in a reputable site compared to the new one but it does not mean I will not try the new one, but of course I will ensure that I will manage the risk, I have a limit in terms of the amount I can risk in a new website, and if I get scam, I would not be surprise as I always consider that as a possibility that is why I limit the risk exposure.
I am also trying to play in the new gambling site, although I don't too often to test the site, I think playing in the reputable site can give a feeling safe to us. But as you said, I still trying to limit everything when I want to play gambling because I really know about the risk behind gambling, and I don't want to get that risk before I am late to realize. I still trying to manage the risk by preventing myself to play for a long time in one gambling website.
hero member
Activity: 3052
Merit: 606
May 19, 2020, 07:53:26 AM
If I was given the option to play at a gambling with no bonus/promotions but a trusted site, I will choose it on a site which is new and not trusted but given a lot of promotions.
I will do the opposite, reputation is more important to me that what they offer, because at the end of the day, we just want to win if possible and to withdraw our money without any problem, which you could lose if you gamble in a site with no reputation, so the risk is high.
No matter if that site has reputations or the site is new, and both sites can give many bonus/promotions that will attract people to visit the site and gamble any games. But playing on the gambling site, which has a reputation will good for us as we know that the site operated for a long time. But if you are good to gamble on the new site, then that is your choice, and you should know about the site.
As long as you know the risk and you know how to manage it, you can always choose what site you will gamble.

Since I said I like to gamble in a reputable site compared to the new one but it does not mean I will not try the new one, but of course I will ensure that I will manage the risk, I have a limit in terms of the amount I can risk in a new website, and if I get scam, I would not be surprise as I always consider that as a possibility that is why I limit the risk exposure.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
May 19, 2020, 05:57:59 AM
If I was given the option to play at a gambling with no bonus/promotions but a trusted site, I will choose it on a site which is new and not trusted but given a lot of promotions.
I will do the opposite, reputation is more important to me that what they offer, because at the end of the day, we just want to win if possible and to withdraw our money without any problem, which you could lose if you gamble in a site with no reputation, so the risk is high.
No matter if that site has reputations or the site is new, and both sites can give many bonus/promotions that will attract people to visit the site and gamble any games. But playing on the gambling site, which has a reputation will good for us as we know that the site operated for a long time. But if you are good to gamble on the new site, then that is your choice, and you should know about the site.
legendary
Activity: 3122
Merit: 1146
May 19, 2020, 04:23:27 AM
If I was given the option to play at a gambling with no bonus/promotions but a trusted site, I will choose it on a site which is new and not trusted but given a lot of promotions.
If there are two trusted sites and one is giving more bonus, I will not leave the site only for the bonus where i am used to play.

That's your choice, everyone has but for me I'll never risk my money playing in a new site even if they have a lot of good promotion, maybe because I am not actively participating in bonuses or promotions, I just want to have fun and gamble during my free time.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 18, 2020, 02:11:08 PM
If I was given the option to play at a gambling with no bonus/promotions but a trusted site, I will choose it on a site which is new and not trusted but given a lot of promotions.
I will do the opposite, reputation is more important to me that what they offer, because at the end of the day, we just want to win if possible and to withdraw our money without any problem, which you could lose if you gamble in a site with no reputation, so the risk is high.
I agree with this, we know that when it comes to cryptocurrencies you really have no way to force people to send your coins back once those coins are in a wallet you do not own, as such in this market how trustworthy a business can be is of the utmost importance, and this is even more true for casinos, if I had to choose between a casino that ran no promotions but it had a great reputation among people in the forum and a casino with lots of promotions but no reputation I will choose the former in a heartbeat.
hero member
Activity: 2856
Merit: 667
May 17, 2020, 06:36:47 AM
If I was given the option to play at a gambling with no bonus/promotions but a trusted site, I will choose it on a site which is new and not trusted but given a lot of promotions.
I will do the opposite, reputation is more important to me that what they offer, because at the end of the day, we just want to win if possible and to withdraw our money without any problem, which you could lose if you gamble in a site with no reputation, so the risk is high.
legendary
Activity: 2954
Merit: 1159
May 17, 2020, 06:11:31 AM
It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your thoughts on this? Wagering more makes you win more money in gambling?
The promotion of wagering more and earning rewards by the house(the gambling site) is just another marketing ploy to garner more earning because as we all know the chances of winning in a gambling has always been in favor of the house, it is just a simple bait and switch that businesses of different walks of life have used for a long time, it is like those 50% discount for gym memberships where they condition the consumers that they are missing out something. I agree that wagering more let's you win more but if you where to weigh the risk that are in play, it is not worth it.

I wouldn't call it a bait though, although it's true that it's a marketing strategy in order to gain more gamblers and to increase the income of a certain sites, but there are also gamblers who benefited from these, especially those gamblers who are really spending a lot of time in gambling because this gives them exchange chance to win, and it will also add more value on the entertainment they will get when playing.

I agree with you on that, gamblers if they are ask, will they choose a gambling with lots of promotion over the a gambling site with less or not promotion?

The answer is very obvious, and that's the reason why until now although a certain gambling site is already popular, but they are still running a lot of promotions and competitions.

If I was given the option to play at a gambling with no bonus/promotions but a trusted site, I will choose it on a site which is new and not trusted but given a lot of promotions.
If there are two trusted sites and one is giving more bonus, I will not leave the site only for the bonus where i am used to play.
legendary
Activity: 3122
Merit: 1146
May 17, 2020, 05:23:56 AM
It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your thoughts on this? Wagering more makes you win more money in gambling?
The promotion of wagering more and earning rewards by the house(the gambling site) is just another marketing ploy to garner more earning because as we all know the chances of winning in a gambling has always been in favor of the house, it is just a simple bait and switch that businesses of different walks of life have used for a long time, it is like those 50% discount for gym memberships where they condition the consumers that they are missing out something. I agree that wagering more let's you win more but if you where to weigh the risk that are in play, it is not worth it.

I wouldn't call it a bait though, although it's true that it's a marketing strategy in order to gain more gamblers and to increase the income of a certain sites, but there are also gamblers who benefited from these, especially those gamblers who are really spending a lot of time in gambling because this gives them exchange chance to win, and it will also add more value on the entertainment they will get when playing.

I agree with you on that, gamblers if they are ask, will they choose a gambling with lots of promotion over the a gambling site with less or not promotion?

The answer is very obvious, and that's the reason why until now although a certain gambling site is already popular, but they are still running a lot of promotions and competitions.
hero member
Activity: 2856
Merit: 604
May 15, 2020, 07:31:40 AM
It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your thoughts on this? Wagering more makes you win more money in gambling?
The promotion of wagering more and earning rewards by the house(the gambling site) is just another marketing ploy to garner more earning because as we all know the chances of winning in a gambling has always been in favor of the house, it is just a simple bait and switch that businesses of different walks of life have used for a long time, it is like those 50% discount for gym memberships where they condition the consumers that they are missing out something. I agree that wagering more let's you win more but if you where to weigh the risk that are in play, it is not worth it.

I wouldn't call it a bait though, although it's true that it's a marketing strategy in order to gain more gamblers and to increase the income of a certain sites, but there are also gamblers who benefited from these, especially those gamblers who are really spending a lot of time in gambling because this gives them exchange chance to win, and it will also add more value on the entertainment they will get when playing.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
May 14, 2020, 12:45:05 AM
It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your thoughts on this? Wagering more makes you win more money in gambling?
The promotion of wagering more and earning rewards by the house(the gambling site) is just another marketing ploy to garner more earning because as we all know the chances of winning in a gambling has always been in favor of the house, it is just a simple bait and switch that businesses of different walks of life have used for a long time, it is like those 50% discount for gym memberships where they condition the consumers that they are missing out something. I agree that wagering more let's you win more but if you where to weigh the risk that are in play, it is not worth it.
legendary
Activity: 3206
Merit: 1885
Metawin.com
May 13, 2020, 11:28:26 PM
It depends. Those wagering competitions are more of a consolation prize for wagering a set amount of money. Ofc, if you win the wager, then it's a win win situation, but if you lose, at least you wouldn't lose everything because of the rewards given out. This makes the mindset of those that wager that they could still continue wagering and even increase the amount they wager since they don't really lose out that much when it comes to the money they spent. It's like giving out candy for every 3 or 4 candies they give you. It isn't a bad thing tbh since the rewards think about the mindset of those that wager, but also kinda bad since it gives them the mindset that they can just keep on wagering, especially those that are hoping for a big win.
It's easy to win in a wagering contest as the prizes are split to several winners between 10 or sometimes more but I wouldn't say earning one of the top spot for the competition is a win win situation only because you'd still get something back. There are gamblers that only drop big wager amounts on competitions compared to their regular gambling session. It can also be a bonus but it depends on how competitive the contest is because you'll sometimes find contests with high rewards but the top wagers are easy to beat.
hero member
Activity: 2548
Merit: 666
I don't take loans, ask for sig if I ever do.
May 13, 2020, 10:32:52 PM
It depends. Those wagering competitions are more of a consolation prize for wagering a set amount of money. Ofc, if you win the wager, then it's a win win situation, but if you lose, at least you wouldn't lose everything because of the rewards given out. This makes the mindset of those that wager that they could still continue wagering and even increase the amount they wager since they don't really lose out that much when it comes to the money they spent. It's like giving out candy for every 3 or 4 candies they give you. It isn't a bad thing tbh since the rewards think about the mindset of those that wager, but also kinda bad since it gives them the mindset that they can just keep on wagering, especially those that are hoping for a big win.
hero member
Activity: 2856
Merit: 769
May 13, 2020, 07:11:39 PM
It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?
Wagering more means increasing the chance of getting REKT and decreasing the time for burning the balance. It is kinda trade-off and incentives matter here. Wagering competitions are created for attracting the gamblers with lucrative promotions and they are convinced to take the bonus with hitting once. For one hit it can give X amount but we already have wagered more than double of the winning amount. In the long run, the only house wins.
Primary reason on why these promotions are created in the first place which is to make money out of their players.We do know that this is not a new stuff.When tending to make your wager amount to be bigger then it will always matter on how big your capital is and on how you do tend to play. (Small bets automation or One shot bet of roll).

Lets put up on the situation on where you do play with smaller bets with high chances of winning.Yeah you make it big but in the long run,HE can be felt and if too unlucky then you will surely
bust up that balance in no time.
hero member
Activity: 1442
Merit: 521
No more Rekt and Bust
May 13, 2020, 03:28:04 PM
It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?
Wagering more means increasing the chance of getting REKT and decreasing the time for burning the balance. It is kinda trade-off and incentives matter here. Wagering competitions are created for attracting the gamblers with lucrative promotions and they are convinced to take the bonus with hitting once. For one hit it can give X amount but we already have wagered more than double of the winning amount. In the long run, the only house wins.
hero member
Activity: 1736
Merit: 589
May 13, 2020, 03:17:34 PM
It's a general perception that if we gamble more, we can get more profit. Also we see gambling sites offering wagering competitions. The more you wager, you become eligible for a reward or prize money.

What's your though on this ?   Wagering more makes you win more money in gambling?

It will be a risky thought or idea to be given to everyone that the more you play gambling or the more you wage the more chances you can obtain rewards and winnings because it can totally lead someone into an idea to get addicted on striving and playing hard while he still not experiencing any wins on gambling. Gambling is a play of bet and luck and those who are lucky enough do always wins. The thought of the more you play the more you can have chance of winning is good, but not applicable for everyone because not all people have the same level of control or tolerance on playing gambling because it might just lead an individual who wants to win into getting addicted. Wagering competition on gambling sites are obviously an act for them to earn more money since it is normal for an individual to strive hard just to be able to pot that prize whatever it takes. You must always know your limits and must not exceed on it to be able to control yourself not to get addicted. It is included that on playing gambling, you must be able to have luck to win but you also need to have patience.
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