Topic: What is best practice for gambling?? - page 19. (Read 19747 times)

So basically you asked that question because you need some suggestions and advice how to earn bitcoin based on your second post in this thread.

First of all, gambling will not give you an assurance that it will give you profit in return. That's why it called "Gambling" in the first place. Chances of losing money is possible here so better stay out of that if you don't understand what you are doing. Also, if you want to gamble with small amount, don't also expect that you will have a decent profit in return.

Earning bitcoin needs more dedication than you have right now. You need to give effort and time finding a good way. Just think of how fiat money were earned, thru works, so better find a way in terms of earning bitcoin. You just need to explore it.

Gambling is not even an investment for gamblers; it is a game where most gamblers have huge chance of losing their money than ever winning. The only sets of people investing here are the owners and may be part of the house edge. Gambling should never be considered as a profit making venture since it is 100% based on luck and luck will not always be there to bail you out.

It is best to look for other area of investments like rendering of service, using your skills, doing some freelance jobs, and some other things that warrant you to work and earn it.

I would agree. Despite trying to learn all of the best strategies of a gambling game, you will not turn out to be better in playing. Even those who probably have played for years already may not be 'experts' and still experience some losses even if they are already so used to playing it. Probably even math experts won't be able to be the best players in gambling despite knowing all of the tactics and computation for probability. No amount of practice would make one better in playing or able to win more money. Besides, gambling is made to be fun and not for you to earn money although it's even more fun if you win money.

The best way to master in gambling is after the deep practice of game ,you can play with money.Then ,eventhough you loss the investment .The loss in the game will be compared low.In best gambling site,you will some free game or game with very low investment.Use it to get more knowledge in that game.With all this you need some luck to win.

Lol, I remember also mate when I also became addicted to gambling I noticed that because I always wanted to gamble even just I don't have enough fund to deposit my account when it comes to the point that I'd borrowed money to my friend just to gamble but everything I lend was lost. Later on, I realized that chasing money on gambling is a part of greediness and probably make your money lost.
Gambling is pure luck no need to practice, even a newbie can do this.

The best practice before you gamble is the study and learn the game that you are going into before you proceed in betting. Why not try to play faucet games first and master what would be your favorite game in there. Atleast it will cost you nothing and not a pain in your pocket from then try to play betting game little by little.

I don't get the point. I think if you want to make an investment in gambling, you need to think about how much money you want to use for investment and don't use too big money because it is too risky.


I think if in your country, there are no regulations about bitcoin and people can use bitcoin for free, then you can try to earn bitcoin in many ways. you can deposit your money to buy bitcoin, you can join with bounty campaign which could give you tokens and you can sell your tokens to earn ethereum and then you can sell it to get bitcoin.

I am one of them 
I was addictive to gambling long ago. Thanks to my friends and family to support me to give it up. My passion was sports betting in any kind of sports. Almost 24/7 in online gambling sites. That was a hell stressful life.

This is not good advice in my opinion. "Fully understanding" the game will not make you win in one. Take dice, for example. It's not hard to understand the rules of the game, but still you can lose a lot in it after coming to wrong conclusions while playing for free. I can tell you about my personal experience. When I started playing dice game I was absolutely sure, after some time, that I know how to win in this game. All you need, I thought at the time, is a bankroll large enough to divide it 9 times by 2 and then take the result as your initial bet martingaling with 50% win chance. Indeed it is very rare to get 8 reds in a row playing with 2x multiplier. It was working for me and I increased my initial bankroll 20 times until I lost it all by getting 10 reds in a row. Then I thought, okay, I will divide my bankroll by 2 eleven times, and will take the result as my initial bet. That strategy were working longer although I wasn't making that much because my initial bet was much smaller than before. But eventually I lost it all again by getting 13 reads in a row. I started thinking on dividing my bankroll 15 times to be absolutely sure that I will never lose, and then I saw in a chat on a dice site that one player got 20 reds in a row, and other players saying that even 25 reds in a row was possible. So, what should I do? Should I divide my bankroll 26 times? Do you know what that would mean? It would mean that my bankroll should be over 1 BTC to be able to bet just 1 satoshi "without risking" to lose it all. And even that way of thinking was wrong, because absolutely anything can happen, especially when you make millions of bets. Yes, you can lose 1 Bitcoin martingaling with 50% win chance with just 1 satoshi as initial bet.

The best mindset for gambling would be to never even search for the winning strategies, but rather to gamble at your pleasure for the sake of the game.

What are you talking about trading or gambling which both of them were different fields.
In gambling we no need experience to win just our luck will do the things for us but in trading we need to increase our trading skills but it also involves luck to be a successful trader but only luck is enough to be a successful gambler.

That has actually worked for a lot of people, lol. Some made the mistake to think that gambling is an investment where they can be making some consistent profit and I wonder where they want to place the gambling platform owners.

Gambling is just a game of luck with a huge chance of losing a lot and anyone trying it out may have to keep that at the back of their mind so as not to get so overwhelmed with winning or losing and end up losing themselves totally into it. Better to stay away than to get the wrong impression and get addicted to gambling.

For me best practice in gambling is trading because it's exciting as l monitor traders it's really attracts the big profit. Especially in day trading it's very good earning because you earn in every trading.

That is the point. Once you are in there and unfortunately if you got a win, then your mind start licking you to stick with it. But the reality is, you must not listen to your mind at that moment. Because the greed start growing up in you and that can make you a loser later. Best practice for gambling is to leave it as soon as your mind start thinking to live it. Don’t just waste your time.

Don't put money in casino you can't afford to lose. People should remember that.
The best way to practice gambling is to practice control trough playing. You can gamble with 1, 10 or 100 dollars, just with control you can stop after making 10% from starting amount. With control you can stop after losing more then 50% and try again after some time, or change the game, just control can stop you from depositing again and again. Greediness is enemy number one, who ever gamble needs to learn how to deal with that  instinct.
Learning gambling is learning how to have some fun and make some money in same time. If It's not a good day, you lost to learn how to not desperate, you lost how much you can afford to lose, don't worry you will try again when you have some money for spending.
Learn how to control yourself in gambling because we can't control the game.

Join a Casino which offers chat rains, chat trivia's and games. Collect free bitcoin and gamble with that free money. You may be able to double or triple your balance if you are lucky enough. My personal favorite casino has weekly community challenges and forum contribution rewards. Always be careful when you play on online casinos. Don't put money you can't afford to lose.

Start by betting small stakes.
When you reach a certain profit SAVE immediately and dont get greedy
Have seen too many dicers following into those traps.
Don't be another one and play Smart 

I would suggest to keep your money instead small investment in gambling will not work in my own experience. Just save your money in future if you already have enough balance to gamble just remember even if you have enough balance there are no assurance that you will win all the time it is like 70lossing and 30% winning situation. Stay positive when you are gambling it might work like a belief.

In gambling the practice or the experience won't influence our winning rate so it is not necessary to practice for gambling you just can go straight away and play like you know how to win the games.Maybe it can help little bit in the card games but may not change the winning position so you need to be lucky if you want to win in gambling.

Why would you be able to gamble with little investment? You do understand that gambling is the wagering of money at particular odds to win more money? If you don't have money to wager then you simply cannot enter the system. However, you can practice for free at many casinos, as they'll often have play money, and a lot of game providers have a free mode so you can learn how the game works before playing with real cash.

Good suggestion mate i also not recommend anyone to play gambling because this will ruin our lives in long term. people start playing gambling just for fun but most of the people will addict to this gambling and spoil there lives. So better start learning about crypto trading it's more profitable than gambling.

Still you looking for gambling then concentrate on skill games means card games, sports betting. Dice and slot games will eat your money in just a few minutes.