June 24, 2026

Capitalizations Index – B ∞/21M

Re: Why we still gambling while we always lose?

Re: Why we still gambling while we always lose?

the ‘idealist’ gambler has the highest risk of losing.
by idealist, i mean the one who wishes to start with the lowest denomination; yet to walk awayu with the highest prize.
to be able to put the least in, yet take the most away; it simply isnt going to happen – or if it does, the probability is tiny.

the longer you are in a match, the higher the chance that you’ll lose
a probability tree is essentially a path of connected risks.
with every step you take, you are multiplying your odds by a percentile.

google images has the goods:
Re: why we still gambling while we always lose?
Re: why we still gambling while we always lose?

instead of mining $1-2 of btc and more than likely losing it before you’ve even doubled/tripled it,
why not buy a few hundred dollars worth.
$100, with a bet size of $10; you’ve a better chance of doubling it, than tiny fractional amounts.
best strategy is not to gamble, but wheres the fun in that Smiley

quick edit re: sports/event betting: unless you are the guy feeding the team experimental steroids, its generally not worth it.
dice and similar sorts offer you 50/50 off the bat; which in terms of probability is the best deal yr going to get.

this could be a much better assessment since we are still playing and we love chasing our win, putting some more spices inside our gambling activity would help us to gather much better chances, the more bankroll you have the more chances of gaining as well just needed to have self control and always ready to quit before losing everything you have.

(Why?)

Published at Thu, 16 Feb 2017 23:05:57 +0000

Previous Article

_MG_1442

Next Article

_MG_1459

You might be interested in …

Blockchain job market ripe for the tech savvy

Blockchain Job Market Ripe for the Tech Savvy

Blockchain Job Market Ripe for the Tech Savvy There was a lot of talk in 2017 about making big money in cryptocurrency but for the next generation looking at crypto markets, the money may be in […]

How bitcoin is used to purchase goods and real estate

How Bitcoin Is Used to Purchase Goods and Real Estate

Understanding bitcoin⁤ Transactions For ⁢Everyday⁤ Purchases At its core, paying with bitcoin ‍is about⁤ moving value from your digital wallet to a seller’s wallet using a transparent, time-stamped ⁤ledger ⁣called the ‌blockchain. ⁢When you initiate […]