What do you think about trading feature? - page 6.

Hirose UK

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

I tried it when I was at Rollbit and used the RLB that I got before but if you look at it will actually be difficult to make profit because almost all the RLB that I have is gone.
For those who have more experience and really relaxed time this may provide an opportunity to make profit because they can monitor prices in detail without worrying about making mistakes to determine more suitable price.

Try studying market price statistics and learning to predict the right time for each rise and fall in token prices, this will make it easier for you to guess.

It been a long time since I logged in and tried again maybe this thread reminds me of an experience I had.

passwordnow

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I think that the title should be changed to trading game and not feature because I've thought of actual trading that we usually get and do in exchanges. Well, if they can expand for more games and the players like it based on the data that it shows then that's a good addition for them so that there can be a lot of choices for gamblers that are tired of looking at the same games that keeps on beating them. Those who are good in trading like the ones who mostly do it in futures can take this game seriously. I also think that this is a good platform for those who are interested in learning more about trading. But it's just kind of a different setting since they're casinos and not actual exchanges. Maybe soon we'll see some exchanges have their special link for their traders to play some gambling games. Since there are casinos that have added some trading type game and probably features the same as the exchanges in the nearest future.

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

I will categorize this as gambling too cause there is nothing really here for trading, probably similar to day trading but here we are taking the risk whereas in day trading we have to make decisions and if it doesn't come true then we can work it a strategy for that position.

For a casino its just an extra feature so can keep the engagement from the users further so more profits but this is not the first time, similar features were available on few other casinos too but I don't remember those names now.

swogerino

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

Not really but what these casinos need to implement is to let us choose the cryptocurrency that we want to withdraw.It should not cost them much as for example I have won a lot in Bitcoin but I want to withdraw in Shiba INU and this is a feature that I know no reputable casino has implemented so far.As long as they let us choose the currency in which to display for and play for they should be able for a small extra fee to let us do just what I described above.

As for the trading option I don't think that is really an advantage or edge that we can get over the casino,the house edge of the casino is in place to guarantee them profit over the long term.

2Pizza410000BTC

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

OP I never checked what you mentioned here. Bc.game and rollbet I don't have account If I had account I could have disclosed it better. However, since we have to predict the price movement, I think it is similar to forex trading. Because in forex trading also you have to earn by trading on price fluctuations. Here I am not well experienced with your given subject so I can't say anything right. But I will definitely account here and after I analyze everything you have given me well then maybe I can tell you how I feel about what you have given me.

piebeyb

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It seems like I have missed information about this game even though I often play gambling on bc.games but I don't see any games like trading features, maybe what is meant is like a game of guessing the price correctly according to the original trading price or it could be that this game is similar to futures trading which is like Binary options guess the price at a certain time to rise or fall.

If that's the case, it doesn't seem much different from a slot game of guessing and hoping for luck. There's nothing interesting other than sports betting, in my opinion, which is free from cheating. The information you show is also lacking because there's also a lot of confusion here about the game you're referring to. It's a good idea to include links and catches. screen so everyone knows what game you are referring to. Grin

Mauser

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

I haven't paid close attention to these new type of games. Are they real trading of assets or are they guessing games where prices are just simulated? I have been trading myself for many years now and there is both a fundamental and technical edge to predicting the future price. I am wondering now how the casinos are simulating such scenarios, because if it's real trading on real assets than how is the casino making any money? It's not like the casino has any edge or insider information on how the price is going to move. To me it seems the casino shouldn't engage in such activities and focus on gambling instead. However, if prices are completely random then it would hard to make why predictions, also technical analysis is not really going to help here.

mak013

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I use cryptocurrencies exchanges when i want to trade. I don`t need such games in casino. As for me - gambling and trading differs and mustn`t be in on place. I don`t think that exchange with some casino games will be more popular than the common exchange. And games with price predictions have nothing common with the trading.

Porfirii

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Quote from: letteredhub on October 16, 2023, 02:08:30 PM

Quote from: cafter on October 16, 2023, 08:51:10 AM

Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

A quick reminder to nobody specific; you can never have or be given an edge over the house. Don't get it twisted it has always been about the house over us.
-snip-

This is still gambling albeit that it has somewhat trading features if am to play I will maintain a gambling mindset towards it because that's what it is and nothing like doing trading about it. I'll consider this development in gambling as an amusement trading experience a more fascinating way to keep the fun going.

You're right, but we should take into account that in the case of exchanges it is the same: you have to pay trading fees, and also fees to withdraw. I would like to compare the probabilities to either win or lose in both betting and exchange platforms, but it is impossible to generalise due to the very different tiers and conditions between different services. So just a friendly reminder, again, that trading is not investing, but another way of gambling.

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

Oooh, so you're not trading, you're guessing how much a coin increases/decreases and you get profit based on the multipliers calculated from that huh, kind of interesting. It replaces the idea of volatility with a simple bet instead and from what I understood, it should have far fewer losses in comparison to trading directly since the bet is a flat amount itself. It's definitely interesting, one that might get gamblers to be interested in crypto but I'm curious as to how these casinos pick what coins they use for these types of things.

I think it depends on how the "wins" actually work? I'd say the casinos set up the bust price to be calculated by a trading algorithm they have, possibly a bit lower/higher on the ones that they set up so that there's larger chances of you being bust than you hitting. Unless there's something different that I read (more like assumed) wrongly though.

BitDane

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Quote from: SamReomo on October 16, 2023, 01:55:45 PM

Quote from: Ojima-ojo on October 16, 2023, 01:13:17 PM

Binary is more or less gambling so for such i wont be surprised to see the feature being implemented on Bc.game or any other casinos coming up with the development, sometime it hjusta a line between gambling and trading and the two can co-exist without any form of a problem and is a good addition to the catalogue of exchange.

I agree with you, binary options trading isn't trading at all but a type of gambling. No one is smart enough in trading to get perfect ups and downs and in binary options trading we have to guess instead of having any strategy. In fact most of the Binary options brokers are known for their shady ways that allow them to manipulate the reds and greens in order to ruin traders trades and they are known for such shady manipulations.

I wonder where does Ojima-ojo get this binary options idea??? I think @OP is talking about trading feature that is implemented on the gambling casino site. Binary option is different from a trading feature and it is given that Binary option is a gambling itself.

Quote from: SamReomo on October 16, 2023, 01:55:45 PM

I hope that something like that may not happen with the similar games that bc.game offers but it's similar in nature then best of luck to get ruined. I will once again say that such kind of trading has nothing to do with the trading that we do and it's just another pure version of gambling thing that bc.game added on their system.

I do not mind if a casinoe implement a binary option, we can just avoid it if we don't like the game but having a trading feature implement in a casino is a good thing. We can easily convert our different coins and tokens in a single cryptocurrency.

qwertyup23

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

I think this is a good introduction in innovating a gambling website.

Given that lots of people trade nowadays, it is no surprise that gambling websites have integrated a trading feature where people can gamble and trade at the same time. I just hope that the trading feature that these gambling websites integrate would be convenient and easy to operate in order to fully maximize this potential.

Though this may be the case, I do think that this kind of feature would still be gambling per se just guised as a trading feature. It may look like a person is trading but in its essence, it is still within the scope of gambling.

Ever-young

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Quote from: BenCodie on October 16, 2023, 05:06:46 PM

Nothing but eye candy to attract people to the game. I don't believe for a second that this is just some average user and not someone who is in some way incentivized or paid by the casino to bet, or to promote, or both.

According to the source and some speculation online many actually believe that the bet might have likely be made by Cointelegraph which was among those that spread the fake news of SEC officially approving bitcoin ETF, if that’s true then the reason for the fake news is clear as that might have been done to manipulate this market in other for price to go up and there bet could be won as expected. That might not entirely be it, but if the casino is not joking with those image then there might be some real players pulling that shit up.

Broadanbig

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This should be the first time I am hearing of such here that casinos are beginning inculcate trading into gambling. I think this is a good idea and innovation in the casino as a whole to start seeing this gamble trading features. Ideas of this nature keeps the trend going and gradually other casinos would follow up in adopting it and it becomes a normal in the industry. I think Credit should be given to the sole originator of this idea as he or she has brought a good strategy to being relevant in the casino industry. I would not be surprise it could be a gamblers idea to do this and see how it works and here it is as two casinos already adopt it and making it reality.

Aanuoluwatofunmi

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

There may seems to be more advanced system of introducing trading in gambling but we may not really call that as trading because you're dealing with that on a casino, which is automatically on the basis of gambling and has the same features of gambling and not trading, now we can gamble on any ground, use anything to stake and place bet on that as long as that thing will catch our attention, make us win or loose and also deserve the risk of putting our money into it for betting, this doesn't still guarantee us having edge in winning over the house while gambling.

rhomelmabini

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

Never tried it but I think it's still gambling for me and not actually trading, probably just the part that it has charts but it ain't literally trading if I may asked. I don't think this will give you advantage at all unless you're really good at it, in the end it's still gambling and there's no guarantee you'll win at every turn.

BenCodie

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Quote from: letteredhub on October 16, 2023, 02:08:30 PM

Quote from: cafter on October 16, 2023, 08:51:10 AM

Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

A quick reminder to nobody specific; you can never have or be given an edge over the house. Don't get it twisted it has always been about the house over us.

https://twitter.com/rollbitcom/status/1713919556568113503?s=48&t=F5IdUjmynVsWUR2SppNwyA

This is still gambling albeit that it has somewhat trading features if am to play I will maintain a gambling mindset towards it because that's what it is and nothing like doing trading about it. I'll consider this development in gambling as an amusement trading experience a more fascinating way to keep the fun going.

Nothing but eye candy to attract people to the game. I don't believe for a second that this is just some average user and not someone who is in some way incentivized or paid by the casino to bet, or to promote, or both.

Quote from: SamReomo on October 16, 2023, 01:55:45 PM

Quote from: Ojima-ojo on October 16, 2023, 01:13:17 PM

Binary is more or less gambling so for such i wont be surprised to see the feature being implemented on Bc.game or any other casinos coming up with the development, sometime it hjusta a line between gambling and trading and the two can co-exist without any form of a problem and is a good addition to the catalogue of exchange.

I agree with you, binary options trading isn't trading at all but a type of gambling. No one is smart enough in trading to get perfect ups and downs and in binary options trading we have to guess instead of having any strategy. In fact most of the Binary options brokers are known for their shady ways that allow them to manipulate the reds and greens in order to ruin traders trades and they are known for such shady manipulations.

I hope that something like that may not happen with the similar games that bc.game offers but it's similar in nature then best of luck to get ruined. I will once again say that such kind of trading has nothing to do with the trading that we do and it's just another pure version of gambling thing that bc.game added on their system.

There's no reason why we should think that BC.game, Rollbit or any other casino is legitimately offering binary options. At the end of the day, the downside risk is huge and the upside potential is very easy for them to achieve. Sure, they might some winners slip through to balance the odds, but overall I can pretty much guarantee that the way it would work would be well and truly against yhenplayers, and is most probably manipulated in some way.

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

This is the same thing like sportsbet and any game that we give predictions on. In this one, it is the price of bitcoin that we use to gamble to win or lose. It is similar to trading as both of them are very risky and it is 50-50 chance of winning like every other gambling game. Like other posters said, it is called binary trading.

This is because it is hard to predict which direction the market will go. It will be very profitable during the bullish market because the price of bitcoin will go in one direction which is up.

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Quote from: livingfree on October 16, 2023, 03:24:48 PM

Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

Options and leverage are actually gambling.

And choose whichever is the fun type that you're enjoying of this game. There could be unpredictable moments that you might hit it and you'll be proud of yourself because you just predicted it right and bet on it.

But it's also the quickest way to lose what you've got, so you just gotta choose and enjoy if you're into this. It's like a crash game that you'll never know when the pump will stop and when a dump will come.

With binary options, you only make about 80% profit for every bet but with leverage trading, you can make a ton of profit as long as you exit your position while the market goes in your direction.

While I like playing the binary option, I wouldn't want to play on another casino. What I'm looking for is a platform made only for binary options just like the IQ Option. This however is not just for crypto thats why it needs KYC as well.

livingfree

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Quote from: cafter on October 16, 2023, 08:51:10 AM

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

Options and leverage are actually gambling.

And choose whichever is the fun type that you're enjoying of this game. There could be unpredictable moments that you might hit it and you'll be proud of yourself because you just predicted it right and bet on it.

But it's also the quickest way to lose what you've got, so you just gotta choose and enjoy if you're into this. It's like a crash game that you'll never know when the pump will stop and when a dump will come.

Topic: What do you think about trading feature? - page 6. (Read 784 times)