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Gambling discussion / Re: In gambling what is the importance of mental support?

« Last post by DabsPoorVersion on Today at 01:52:08 PM »

Quote from: Rruchi man on April 30, 2024, 07:00:43 PM

Quote from: Rubel007 on April 30, 2024, 02:33:50 AM
To win at gambling, one needs a combination of luck, skill, and strategy.
You do not always need a combination of luck and skill. Skill is not applicable in some games that are purely based on luck.

Quote from: Rubel007 on April 30, 2024, 02:33:50 AM
The reason I say this is because when I am not mentally prepared, if I engage in gambling, I loss the bet.
Are you saying that at times when you were mentally prepared before playing, you always won? That will be a lie if you say yes. Mental health can affect you when you play a skill-based game because, with poor mental health, you may never be able to properly exert a strategy to win. But in luck-based games, it has no concern for your mental health.

I think what he meant by that is being mentally prepared is one factor to increase the chance of winning. There's no way that this is the only key to always win in gambling. If this is the only thing we need, a lot of gamblers are mentally prepared before they gamble but end up losing. Though, being mentally prepared is also another way to keep having more losses as an individual gambler will be able to decide or at least have some control over himself to avoid depositing more money and chasing losses.

News related to Crypto / Re: Binance founder Changpeng Zhao sentenced to four months in prison

« Last post by TomPluz on Today at 01:44:50 PM »

I am very sympathetic to CZ on his case in USA and I was actually sad of learning that he is facing some possible jail time...now when the sentence finally came there is a big sigh of relief that it is just actually just four months. Of course, there can be some other penalties included that can affect how he can do business in USA however the most important thing is that CZ is not getting what SBF received. I am sure that the whole cryptocurrency industry is rejoicing with this bittersweet moment of CZ though, of course, we believe that the case should have never brought on against this pioneering figure that contributed a lot to the industry's development.

Форум криптовалют - Криптовалюта / Re: Стоит ли брать кредит?

« Last post by Unbunplease on Today at 01:40:36 PM »

Quote from: fruktik on Today at 12:22:29 PM

В последнее время стало опасно брать кредиты, т.к. нет уверенности в том, что получится их отдать из-за сложной ситуации в стране. В любой момент могут попросить уволиться с работы по собственному желанию. И что в таком случае делать? У меня нет ответа на этот вопрос. Уж лучше я буду жить по средствам и довольно скромно, чем заранее вгонять себя в финансовое рабство.

Вот как раз всегда может возникнуть ситуация, что уволят - а платить за квартиру надо (и еду еще покупать). И, по закону подлости, занять не у кого. Как тогда вы поступите в этом случае (на черный день люди откладывать особо не привыкли)?

Cryptocurrency discussions / Re: Do you need to spend to earn?

« Last post by emmybd on Today at 01:39:44 PM »

Over the past few years we have seen phenomenal growth of cryptocurrency. As bitcoin is the main cryptocurrency, it received much of the attention compared to others. In any business the main purpose of investment is to make profit. Without profit it is not sustainable. Crypto is not different when people spend crypto in the form of investment, they expect to earn profit.

Bitcoin News & Updates / Re: Roger arrested

« Last post by TomPluz on Today at 01:35:25 PM »

This is a surprising turn of events of Roger Ver, one of the few people who really benefitted a lot in owning and subsequently selling BTC in its pioneering years and is very much known to be leading his own Bitcoin Cash (BCH), first of the Bitcoin forks. Arrested in Spain, the man is facing mail fraud, tax evasion and filing false tax returns alleged to have caused a loss to the IRS of at least $48 million. So right now, we are seeing a barrage of many cases against people who worked and made money in the cryptocurrency industry. Lat year, we witnessed the fall of FTX and later on the 25-year sentence of Sam Bankman-Friend and then Changpeng Zhao just got four months of prison terms for violating US money-laundering laws when Binance allowed transactions circling on child sex abuse, the illegal drug trade and ‘terrorism’. This case on Roger Ver is worth watching and let's wait how many months or years will he get as a sentence. I am just wondering if there is really a coordinated movement by the US government to go after people in cryptocurrency.

Basic Questions about Cryptos / Re: BENEFITS OF CRYPTOCURRENCY?

« Last post by kulkhan on Today at 01:31:35 PM »

Quote from: team87 on December 27, 2018, 04:53:36 PM

Apart from being a digital asset and a short or long term investment. What are the benefits of crypto for you everyday, do you use to transact in general.
Thanks,

Investment to cryptocurrency some times highly profitable and some times it were loss. But if anyone invest for long time in good currency then he will be profitable i strongly believe it. Some times it profitable for short and some times it profitable for ling time.

If you trade for short time it will be risky for you. So my advice as a new member you should invest for long time. It will be perfect for you i think.

Gambling discussion / Re: [NBA] Unofficial Discussion Thread

« Last post by Zed0X on Today at 01:28:48 PM »

I just checked the odds for Heat vs. Celtics and the bookies really expect the Celtics will win with odds @1.09

I don't have a problem with that but who else thinks the Heat will try to extend the series and keep the game as close as possible? Even though JJJ will be out for game 5, I still find the handicap Heat +12.5 @2.1 as generous.

Gambling discussion / Re: [Football] UEFA Champions League Betting & Discussion Thread

« Last post by Zed0X on Today at 01:27:52 PM »

Binance / Re: Binance CZ founder to surrender passport judge's ruling

« Last post by dwyane36 on Today at 01:26:23 PM »

Quote from: Freemind on Today at 08:09:48 AM

Thanks for the information, I was completely unaware of what the process was like. From what you say, CZ cannot avoid jail time, but he can at least reduce the length of the sentence.

I guess it's the best deal CZ can get, but it still seems abusive considering he has always cooperated with justice. We'll see what finally happens when this is all over.

In the early years, CZ and his Binance didn't actively cooperate with the regulators, and he started to do so only after the regulators became interested in him and put pressure on him. On the whole, I would say that CZ was lucky in this trial because the judge was more or less loyal and rejected the main demands of the DOJ. In fact, the 4-month jail sentence looks like trolling by the judge as it's symbolic of that famous picture of CZ.

Gambling discussion / Re: Whats your experience with gambling?

« Last post by DabsPoorVersion on Today at 01:24:01 PM »

Quote

Last January I tried slot games which I played with my cousin when we went on a vacation in our province. We played at Bingo Plus, a local online casino where we can easily deposit money using our local wallet called Gcash. My cousin was able to win a decent amount, while I was left losing all my deposited money. This was not a deposit money that was done once, but multiple times as I tried to at least win in the long run. Because of that, I have decided to lie low for the meantime in gambling, since I was also busy last February, I was able to take a break from any gambling activities. After that, I tried again recently this March 2nd, I went to a physical casino with my cousins to play slot machines, unfortunately, I lost again.

I plan to take a break again from gambling, but a few days ago, I saw an opening slot for this online casino campaign, BC Game which was a campaign being promoted on this forum. To apply you have to have an ID number on their website. Since it is required, I created an account. I think to myself that since I already have an account, why not try playing to kill some time?

I deposited money worth 500PHP or $9, just to try the website if it will meet my criteria in online casinos. I expected to immediately lose the money I deposited as I knew that this amount of money would only make me eligible to play at slots or on games where there's only a small minimum amount to start playing.

Guess what, I was able to play card games where normally a game with a high minimum amount to stake. On this website, specifically Blackjack the minimum amount to bet is 1.00 Php or $0.02. Because of that low minimum amount to bet, I was able to play it and I unexpectedly won by multiplying my deposited money up to 10x even after losing so much in the past month. I was able to buy my dream guitar worth $200, of course, I added a few bucks to buy it. I stopped playing and withdrew the money, I don't want to continue to bet the amount of money I've won.

Due to these winnings, I might stay playing on this website a little longer. I feel like my luck hasn't run out yet.

This is the story I posted in another forum last March, my experience in gambling since the start of the year. I said that I felt lucky that I might play a little longer, but guess what, after I withdrew the money, I had a continuous loss. But the thing is, I stopped immediately and didn't dare to deposit again to chase my losses. That happened this April, I have a consecutive loss by now. April is not a good month for me, and I decided to take a break in the meantime. This month, I am thinking of playing again, hopefully, my luck is with me again.