Topic: Woes of gambling - page 8. (Read 838 times)

Your expression seems pretty confusing as it seems you are for and against the view at the same time. But as I understand it, it is good to be wary of the house even though some are sincere and fair, it is all about integrity. But if I ask you, how many human beings have integrity? The percentage will be very low, even those who believe they have integrity could still have it corrupt when they see money and the temptation that comes with it. Well, from what I have read, it is all about the casino itself, so it varies. Some truly have a provably fair system and will never alter it for any reason. If anyone plays with such a casino, such is lucky as what has been written in the algorithms is what the casino will continue to play by. So it is all about your luck and how good you are with your casino instincts and strategy that will make you win in such casinos, while the house will never manipulate it.

But still, the system itself from the beginning has been wired to favour the house, don't forget that and you can't change that fact even though it's not that the system will fake it for you into losing. The way it has been wired can never be against the house overall. You can see that all can't be fraud but indirectly, it is still a win-win for the house, only that some casinos are too greedy to continue cheating their customers with some more internal adjustments that will fail a provably fair system.

You may have heard words like "provably fair games". So when you put money into the casino, you should be aware that your winning will be dependent on the odds, while the casino is more likely to win, you are less likely to win. This does not mean that the casino is a scam, no. the casino is being honest with you from the beginning telling you that in the game you play, the chances of you winning are lower, the chances of the casino profiting from your losses are higher, this is a game and you must be aware of that. For example, let's imagine that you play a game in a casino where you put a 1000x multiplier

you put $0.20 on each spin, you know that the chances of seeing losses on each spin are very high because that 1000x multiplier of yours is difficult to get right and the casino is also at risk with that, because if you play in 5 spins and lose 1$ but in round 6 you hit the 1000x multiplier you will win 200$, this would already create a loss for the casino because you only lost 1$ and the casino lost 200$. So it's a risk that you and the casino take when you start playing. There is nothing scam about this, it has to do with mathematics: probability

That's why even though there are many casinos that tell people to play for fun, there are many people who have been lucky enough to win a lot of money at the casino, there are many people who have lost money at the casino. Note that casinos are not charitable institutions, it is someone's business, the casino owner has operational costs that he has to pay, he also needs to have a large bankroll in case someone wins a lot of money. So there is nothing scam about it

The casino games was sometimes based on the skill,but at the extreme conditions the game based on the random bets to make the winning.Many people think the casino game was based on the skill,but after complete game in the casino.You can understand the real fact in the game of gambling.The skill may work for the fifty percentage of the game.If you follow the tactics for the full game may leads to the loss at the final.So play the casino game with the tactics for the certain duration and move to random betting in the game.So you can cover the profit in the gambling site.The gambling is also based on the skill,but many people play the random bets through out the game and losing at the end.

Quite simply, if you don't believe in gambling then you don't need to gamble anymore and avoid this kind of talk.

We know that gambling games are lucky, there is no need to bring it up again because you feel that the victory has been arranged in such a way for random people, even though there is no fact that most of us don't care because we know this is a game for fun.

Who thinks gambling is for making money? Even I myself don't think so because I know I lose more than I win, so let's just say it's fun to burn money at the casino.

Those that always take gambling as an investment, where they will be investing their money in form of betting daily with huge amount of money and lost at the end, they will always call gambling fraud because they don't take gambling as a fun.

And, there are many casinos which you can use small amount of money to gamble and you will earn something before the end of the week to recover what you have spend so far in the gambling.

That is the reason why gambling has a lot of restrictions and even bans in some places because of the nature of how gambling is being operated and the system that either rewards winners and also deducts winners.

But also what we must know is the reality that both a gambler and a casino both are guilty if you want to go according to the term of calling gambling a fraud.

I think,  it is better to we take gambling for what it is,  which is a game of chance and there shouldn't be any expectations to the on whatever basis.

What can you say about that recent $42M winning on slot games?
https://bitcointalksearch.org/topic/unreal-sportsbetio-pays-out-a-42000000-usdt-casino-win-5480517

The thing you've been talking then it is actually true, they do always have that edge and having that advantage against players and this is how business works
 but pretty much sure that they would really be doing such thing when it comes to tweaking up something for their own benefit on which its not new.
People would really be continually be pursuing on hitting those huge wins before they might be able to stop.

Gamble for fun but this is something that not everyone could be able to do so. Why? majority of people do becomes greedy
and this is why they are really that prone when it comes to mistakes and potential headaches that they might be able to face up along the way.

Perhaps he is accusing casino for offering jackpot rewards while they don’t pay it in reality. I think he is assuming that jackpot is the way of casino to lure players to play more for profit without giving any equal return. Simply a pure house advantage since he doesn’t believe that casino doesn’t payout jackpot to players.

OP probably one of those players that frequently losing which resulted to questioning of casino integrity. This is not knew and also there’s really some shady casino that fit to OP description but not the trusted gambling site here.

Everybody can say something, proving it isn't easy. The only thing that is always constant is casino players are losing and it could just be because people are out of luck and it's not hard to find your luck to hit jackpot.

But there is proof also that people hit the jackpot and claimed the big prize. Online casinos are just not easy to beat but if you are suspicious of their random numbers, try sports betting, this is obviously a good choice.

Alright mate, stop gambling now that you have discovered that it is fraud. At least minus you the number of jackpots competitors will reduce thereby increasing the chances of some gambler somewhere  aiming for the jackpot.

Op you want every participants in a jackpot to win altogether simultaneously and for you that's the only way it doesn't seem to be a fraud. Perhaps it's a good idea since everyone loves and want to win but have you thought about it that if it happens the way you Op wants it how can the casino's pay all the winners when we all know very well that it's from the losses of other lottery participants/gamblers that they use in paying the winner that emerges.

It is called gambling, a game of chance, random luck which is why everyone can not win at same time. My two cents to you Op is that if you suspect the casino you're using for gambling is cheating you then maybe you can try your luck on other reputable casino, you can do that with freebitco.in who knows you might just be the next lucky winner in one of their regular rewarding competition's.

That's true, mate. But does that mean people shouldn't gamble at all? When we gamble, sometimes we win by luck, and other times we lose to the house. It's a bit of both, even though the house usually has the upper hand. no body mind when gamblers find ways to outsmart the system. When we gamble, it's for fun. We don't do it because we like losing money, but rather to test our luck and see if we can make some gains from betting. If someone starts seeing gambling as a way to make a living, it becomes challenging and stops being enjoyable. Even though we know that casinos might cheat, and there's fraud, people still play because they want to experience the fun in gambling. This emphasizes that gambling shouldn't be something you stress over, it's meant for fun

i don't know the real motive of the OP here why such post about gambling. but we already know the hard fact that gambling should not in anyway be used as a source of main income especially if you are playing those casino classics such as dice, hi-lo, roulette among others. because the chance that you are on the losing end is very high.

however, if you happen to be a professional poker player or sportsbettor, there's a chance that you can make good money out of it. but this path is years in the making. you can't achieve overnight success on these endeavours. so if you are patient enough and have passion on these games, then i would say, you have good likelihood of earning good income and you won't be troubled that you are into gambling.


not really rigged but let's say they have their house edge and that's what gambling is all about. if you can't accept such reality, then by all means you should not touch gambling in your life. this is why gambling business is a lucrative one if they know how to manage one. and it is up to the player whether he is ok with house edge, provable fairness or the rtp of the game.

Always be decisive about which way you want to gamble. You should decide if you want to gamble professionally or gamble for fun. Gambling professionally means you are taking it as a source of income, it is difficult to make a steady source of income from it and those who chose this pathway know it. You see them have other "gambling related side hustles attached to it". Those who gamble for fun and gamble responsibly see it all fun and not a medium to make money. The casino will always win and there it is a fact that they accept. if you cannot accept it, then don't gamble. If you can accept it, then gamble strategically.

Indeed, given the nature of casino games, t's hard to win more than you lose. It's not a charity joint, it's a casino FFS, they operate for profits. So, obviously, most gamblers lose their money and only a minority of them wins more than was staked. But those people exist, many thousands of them. When they say everyone can profit from gambling, don't believe them. But when they say that they themselves have profited, it can be a fact whether we like it or not.

Do not make it confusing, those games are not rigged. If casino games are rigged, it has another meaning entirely and that means the gambling site did something bad to their machine in a way that all customers will always lose because the games will always be in their favour. But what you are talking about is the house edge which all casinos have. The machine works normally but people  can not always win but to lose more if they keep on gambling.

You are right about the second point, that if casinos do not make money, how will they continue the business.

What are you mumbling about? Of course the games are rigged against the players. That's how gambling works. If you don't like it, then don't play. If the casino don't have any advantage over the players, how are they gonna make money? Remember this is a business we are talking about and like every other business out there, the main goal is to generate a reliable cash flow. (make money) The casino makes the money when their customers loses. It is as simple as that.

This is just a basic understanding of gambling and you have to understand it in plain sight without other people telling you. You bet based on "luck" and everyone knows that "it won't always be". If you hope to always make money, you have to do business like a bookie. Gamblers aren't businessman, but the house must maintain its business as long as possible.

As long as there is a systematic probability of winning for one or more gamblers and paying out those winnings, it is not fraud. The fraud is your own desire to always be lucky.

Gambling should be for fun. If you want to have fun, you can gamble. If you want to make money, do not gamble at all. See gambling as a service rendered for people to have fun and nothing more. And if you want to have the fun, just use little amount of money for gambling which will not affect your life negativity.

One example is like you went to drink beer and you always drink to stupor. The people that make you to have have fun by serving you drinks will make money from you but not that you should waste money to drink to stupor. See gambling sites like that.

How your post sounds to me:
- You do not believe in Random Number Generators
- You do not think results are fair and that outcomes can be verified via provably fair system
- You do not believe the casino even if they say their house edge is 5% right in front of your face

Do yourself a favor - don't gamble.

I don't understand where you are coming from with saying that casinos or gambling itself is a fraud. Casinos and gambling are businesses and if you see people that don't make money from it, remind them that they should control themselves and don't gamble a lot with their hard-earned money. If you think that many have been tricked, it's because we're thinking that we can win all of the money that is coming from these casinos.

There have been a lot of threads already about gambling and people who are misled by their thoughts about it. Take sometime to go through them on the gambling discussion board and you'd see a bunch of these threads. And as you've said, there is nothing can be done with it because that's a fact. A gambler that has tasted to win for several times and understands the risk that gambling has and sees the stance of most of the casinos won't fall for such tricks of themselves. They might lose a lot but that is a bearable loss and that can't be blamed to the casino as we're all doing these actions with our own will. If someone is unfortunate in gambling for this day, there's a term called rest and that's what they need to do instead of pursuing which isn't going to work if they are unlucky at all.