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Board Gambling discussion
Re: The Role of AI in Gambling
by
Fundamentals Of
on 05/07/2025, 03:45:23 UTC
Provably fair casino? You people should stop deceiving yourselves. The money is for the casinos to enjoy and the game for you to enjoy. Although, we know that the casinos are cheating us with house edge, so we can still say it is provably fair.

I cannot see the connection.

Provable fairness is all about the random outcome's fairness being verifiable by each and every gambler or player. It is Bitcoin or blockchain related. It is about "don't trust, verify". Gone are days when fairness in casinos is only about certificates, accreditations, being audited, registration, licenses, etc. Cryptography, blockchain, has changed that because verifiability is being made accessible to everybody. The ability to prove or verify that each roll of a dice is as fair as presented, not manipulated, not cheated, not tweaked, not altered, etc. is as easy as confirming that the seeds match.

It is not a deception. It is not about house edge or the casino the only party that earns.
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Re: [OPEN] RAZED.COM Signature Campaign | Sr Member+
by
Fundamentals Of
on 05/07/2025, 03:07:03 UTC
Rank- Sr. Member
Segwit BTC address- bc1qsr8vwa8k6rvpmstnaampghqvuym93vgf9dhpdn
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Re: [OPEN] WOLFBET.COM Signature campaign
by
Fundamentals Of
on 05/07/2025, 03:02:01 UTC
Bitcointalk username: Fundamentals Of
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=947116
Bech32 BTC Addy: bc1qsr8vwa8k6rvpmstnaampghqvuym93vgf9dhpdn
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Board Gambling discussion
Re: [Boxing] Canelo Alvarez vs. Bud Crawford September 13
by
Fundamentals Of
on 05/07/2025, 02:39:26 UTC

Crawford is also untested at 168, where Canelo is already very comfortable at. Canelo has a lot of advantages here than Crawford.

No doubt on paper as the betting odds already say a lot. In every fight, there's always a favorite and an underdog, but if we think this underdog (Crawford) is being undervalued, then it might be smarter to bet on him. This is a big fight happening in two months, so there's still plenty of time. Hopefully, they don’t overtrain and risk injuries,  would be a shame if the fight ends up getting postponed.

For me Canelo at 1.56 and Crawford at 2.45 are fair odds. There are reasons why Crawford is the underdog. These are the odds released by Odds Shark. There are other odds but they are mostly within the range. Anyway we look at it, Crawford is really the underdog. And I don't think Crawford is being undervalued because he is the underdog. For example, the thing that I mentioned about him being untested at 168. This matters. This is just one of the reasons that contribute to his underdog odds.

I guess those odd makers have really all the data to put Canelo with that odds and so we can't question them about it. However, if we are fans of Crawford, then it's good to see him a a huge underdog and obviously we will love to bet on him.

Yes, that is one factor that the odd makers have considered, Crawford is untested at 168 and this is the best weight class of Canelo. And I don't think Canelo has been beaten at super middleweight either. His lost to Bivol is at 175.

Yes, of course. If we really believe in Crawford that he will beat Canelo, I want Crawford to be as underdog as possible. The higher his betting odds are, the better. That makes our bets more profitable. If he is 7.00 underdog but we believe he can manage to upset Canelo, that would make us happy. Make it 10.00 even.

But this fight is between two legends that I really admire. I have already thought of not betting. I'm afraid siding with only one of them because of a bet would make my watching it less interesting.
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Re: How AI has ruined poker
by
Fundamentals Of
on 04/07/2025, 02:43:30 UTC
There probably must be a new tool to be used by gambling sites to combat this. To me it is not fair anymore. It is not anymore about pure poker skills that matter and prevail but stronger AI tools as well. Is it possible that casinos would detect players using AI tools and immediately kick them from the table if found?

Although there are still face-to-face poker games, but this is not that convenient. There are also occasional players like me who are not very comfortable and confident playing face-to-face poker because better players could easily detect expressions.
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Re: [Boxing] Canelo Alvarez vs. Bud Crawford September 13
by
Fundamentals Of
on 04/07/2025, 02:07:44 UTC

Crawford is also untested at 168, where Canelo is already very comfortable at. Canelo has a lot of advantages here than Crawford.

No doubt on paper as the betting odds already say a lot. In every fight, there's always a favorite and an underdog, but if we think this underdog (Crawford) is being undervalued, then it might be smarter to bet on him. This is a big fight happening in two months, so there's still plenty of time. Hopefully, they don’t overtrain and risk injuries,  would be a shame if the fight ends up getting postponed.

For me Canelo at 1.56 and Crawford at 2.45 are fair odds. There are reasons why Crawford is the underdog. These are the odds released by Odds Shark. There are other odds but they are mostly within the range. Anyway we look at it, Crawford is really the underdog. And I don't think Crawford is being undervalued because he is the underdog. For example, the thing that I mentioned about him being untested at 168. This matters. This is just one of the reasons that contribute to his underdog odds.
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Board Gambling discussion
Re: [Boxing] Canelo Alvarez vs. Bud Crawford September 13
by
Fundamentals Of
on 03/07/2025, 02:58:11 UTC
Mayweather was just on another level. If you look at his fights, even Pacquiao looked like an amateur against him. And sure, Pacman mentioned he had a shoulder injury at the time and wasn’t at 100%, but still, Mayweather controlled that fight from start to finish.
Let's just say that Floyd is a very intelligent fighter, although others said that Floyd did his bicycle on the Manny fight and Pacquiao was hurt. Nevertheless, we call it a spade a spade. But still though, this could be the second best fight for Canelo and see if Crawford has the package to beat him at 168 lbs.

It is just unfortunate that these two are meeting just when they are not anymore at the peak of their careers. They are far from the best versions of themselves. They are now facing wears and tears. In the first place they are already undisputed champions and legends. They are not anymore as hungry as before. And they are already old also.

Crawford is also untested at 168, where Canelo is already very comfortable at. Canelo has a lot of advantages here than Crawford.
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Board Gambling discussion
Re: The Fallacy Of The Maturity Of Chances
by
Fundamentals Of
on 02/07/2025, 03:24:01 UTC
I think all gamblers who have played luck-based casino games have already fallen to this fallacy a number of times. The reason is simple. In a coin flip, although it is possible that heads will turn out each time, is it likely that there will be 20 consecutive flips with heads as a result? It is probably less likely. The same logic applies to dice, roulette, baccarat, and other random casino games. Each game may be completely independent from each other but the possibility that only one result shows up every time is very low.
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Board Gambling discussion
Re: Psychological aspect of choosing over or under
by
Fundamentals Of
on 02/07/2025, 02:18:04 UTC
Is this true? Since you are talking of something that needs a study or research, do you have a source for this, where it is explained that there is indeed a psychological aspect to over or under betting? Or do you at least have data that back this observation?

In my experience it is dependent on the specific game. If the game is between two teams that are high scorers, I will probably be betting on the over. But if the game is between low scoring teams I might be betting on the under.
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Board Gambling discussion
Re: 45K in debt due to Gambling on Betpanda
by
Fundamentals Of
on 01/07/2025, 03:15:47 UTC
The last month I have lost 45K from money that doesn’t belong to me and I must repay them.
I don’t really know what to do ?
The ideal will from Betpanda to give me all my money on the last account back as they don’t even have limits and other such stuff for addicted users.
Damn thats a lot. I think its not the BetPanda fault not to set limit on your accounts also dont blame them cause you play and lose the money within your game. Addiction is scary and if you lose this kind of amount means you really going closer to addictiom gambling.. Its scares me to know that you ever reach that threshold. Pleasr seek help about your gambling addiction, if you wont stop that and those 45k will only increase more.

I even consider OP a gambling addict already. This is not anymore a case of somebody "going closer" to gambling addiction. This is in itself the face of gambling addiction.

Imagine losing all your money to gambling but you did not even stop. You continued gambling using borrowed money that is not small but really big. I don't know how rich OP is but losing $45,000 of borrowed money last month alone on gambling? That is a huge amount of loss already. That is alarming. If this is not already addiction, I don't know what this is.
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Re: Have you ever fallen victim to a reverse scam in sports betting?
by
Fundamentals Of
on 01/07/2025, 02:07:20 UTC
For scammers like Robin, I am sure he has many strategies. That is just one. I believe this kind of betting scam which provides tips and eventually sells subscriptions are not simple efforts. This is probably a big operation. It is not difficult anyway because you are mostly just sending automated spams. It is usually done through emails, social media, messaging apps and channels like Telegram, even forums like bitcointalk.

There is also a simple formula. Send tips. If wrong, start again with a new account. Repeat until you can make a short win streak. And then sell subscriptions.
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Board Gambling discussion
Re: Secret to success of long term betting.
by
Fundamentals Of
on 30/06/2025, 03:20:49 UTC
This is one way of looking at it. Another way of looking at it is, make a bet and then put aside some for later when you are already watching the game live. Analyzing a game beforehand would be different when you are already watching it live. There must be betting opportunities while the game is going on. You can measure a game differently when it is already played. This is just an alternative way of looking at it.

Other than that, if you can, why not watch the game live right? You have a bet. A game is worth watching more if you have a bet.
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Re: In the future there will be no casino that is KYC free.
by
Fundamentals Of
on 30/06/2025, 02:43:11 UTC
Probably not all. There will always be a few exceptions. Most casinos are centralized. So they need registration with the appropriate government agencies and regulators. They don't have a choice but to follow the regulations. But the thing with gambling is that it is now closely intertwined with technology. So it is changing along with rising innovations like decentralization. That is partly what the web 3 integration in gambling is about.

A fully decentralized casino would probably be the most preferable option for a gambler, i.e., without any verification and restrictions on jurisdictions.
It's true that some gambling platforms have a combination of centralized and Web3 functions, but unfortunately, the centralized components are still prevalent at the moment.

Apparently. Although there are casinos who have already adopted Web3 functionalities to their services, the overall features remain highly centralized. In the first place, these are casinos operated by private companies. Decisions are not made by the community but by the very individuals who own and run the casinos. Despite certain integrations, majority of what happens in the casino are still taking place on centralized servers.
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Board Gambling discussion
Re: What do you do when you’re on winning streak?
by
Fundamentals Of
on 29/06/2025, 03:29:27 UTC
It depends on the streak. If it is 3 to 4 or even 5 streaks, I think I would still be confident in consistently betting, or even increasing, whatever amount I am betting. But if it goes beyond that, I think I am already slowing down, in a way bracing, for that eventual loss. Because whether we like it or not a streak will end. I have experienced winning streaks in the past. I think this has been my consistent attitude. But I think I won't skip. That is a streak of luck you have, you definitely make the most of it until it is gone.
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Re: In the future there will be no casino that is KYC free.
by
Fundamentals Of
on 29/06/2025, 01:51:26 UTC
If left on their own, they probably won't care about dirty money going in and out of their service. Gambling services do not easily self-regulate. They will just do their business thing. That is the most important concern for them. They do not screen players. They do not screen money. All money entering the gambling floor is good money regardless of where it actually comes from. This is definitely the reason why so many money launderers choose casino to clean their funds.

That’s the reality, it’s becoming inevitable that all casinos will eventually require KYC, even the ones we used to call "anonymous casinos." It seems like nothing escapes the eyes of the government anymore. They’ll always be suspicious, even when there’s no actual money laundering involved.

If we really want to gamble anonymously, there are still some platforms out there. But it comes with high risk. If they scam you, who can you turn to?
There’s no protection, no accountability.

Probably not all. There will always be a few exceptions. Most casinos are centralized. So they need registration with the appropriate government agencies and regulators. They don't have a choice but to follow the regulations. But the thing with gambling is that it is now closely intertwined with technology. So it is changing along with rising innovations like decentralization. That is partly what the web 3 integration in gambling is about.
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Topic
Board Gambling discussion
Re: In the future there will be no casino that is KYC free.
by
Fundamentals Of
on 28/06/2025, 03:19:10 UTC
Do you believe in that?

This is precisely what I have been saying for some time. Just look at the evolution of casinos in terms of KYC policies in recent years. I imagine that when they are effectively implemented everywhere there will still be some marginal site where you can bet but there will be a high risk of it being scam, or that it works as bad as FBI, or that when you want to withdraw the withdrawal they process it when it happens to the owner's balls, as it happens with bitvest.

I am not a big fan of regulations but the gambling industry has given ample proof throughout history that it does not regulate itself positively.

If left on their own, they probably won't care about dirty money going in and out of their service. Gambling services do not easily self-regulate. They will just do their business thing. That is the most important concern for them. They do not screen players. They do not screen money. All money entering the gambling floor is good money regardless of where it actually comes from. This is definitely the reason why so many money launderers choose casino to clean their funds.
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Board Gambling discussion
Re: How's the weather? Sunny with a chance of $?
by
Fundamentals Of
on 28/06/2025, 02:33:18 UTC
I don't see any problem betting on the weather. I don't even mind if weather agencies and bureaus are giving forecasts every hour of the day. They are mostly wrong anyway. With all their knowledge, equipment, charts, etc. it seems their predictions are not much different from gamblers' predictions.

I remembered our local weather bureau reminding us to bring our umbrellas during the day because there's a high chance of rain. There was no rain but they were so right about the umbrellas. The sun was angry.
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Board Gambling discussion
Re: Budgeting starts from personal budget then gambling budget.
by
Fundamentals Of
on 26/06/2025, 02:51:10 UTC


And as we can see, there is the 10% for hobby and recreation which can be allotted to gambling. So, by having that percentage, we can say that we're already a good budget manager of our salaries. Not just that, we need to be consistent and won't shoot out with the allotted percentage for gambling/recreation.

I don't understand this budget allocation pie graph. Is this monthly or yearly? If this is monthly, do you really spend 10% of your income to clothes or 5% to travel? If this is also annual, why is there no slice for savings? What happens if the company you are working for suddenly closes? Then you have no money to spend while hunting for your next job?

I think this depends on your monthly income. Sometimes we just have to depend on how much is left after all the bills and necessary expenses are paid. Only then we can consider gambling.
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Board Gambling discussion
Re: 2025 NBA Season
by
Fundamentals Of
on 26/06/2025, 02:00:58 UTC
After trading Holiday and Porzingis, now Derrick White and Jaylen Brown are also in trade rumors. The Celtics prefer not to move them, but multiple teams are already showing interest in Brown, and business is business. Still, if they go through with it, the Celtics might not be the same team anymore. They could lose their title contending status, and I don’t think the Celtics management would want that. If it happens, they’ll be back in rebuilding again, all just to avoid paying a high salary.

Oh I was busy in the last 24 hours and wasn't able to check this thread but I heard about the Jrue Holiday. So now it's Porzingis that has been traded? Although I heard about this and not sure if it will be true.

So perhaps the Celtics is rebuilding and maybe the management thinks that they already made a run with this team and that will be enough for them to let go of the big contracts of his player specially Jaylen Brown. But if they do that, and with Tatum down, I don't think that they can be on the top for next season.
They might do tanking for the next draft, since there are two big contracts of brown and Tatum, with Tatum down they dont know if they will have a playoff run next season, brown is still in contract until 2028 to 2029 i don't think they will trade him, they acquired a star player from blazers name simons.

The team will never be the same again if they decide to release Brown. With Tatum possibly not playing for the whole of next season, it is Brown that will lead the Celtics. Letting him go would mean they are almost left with no one.

But because of the team's payroll consideration, it is possible to happen. There are rumors that San Antonio and Houston are interested to make a good offer for Brown. If the offer is too good to be refused, a business mindset might prevail over sentiments and fans' clamor.
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Re: 2025 NBA Season
by
Fundamentals Of
on 25/06/2025, 03:51:00 UTC
Kyrie Irving is opting out of his player option to sign a three year deal with the Dallas Mavericks. This will give him some contract security and make him a home in Dallas for years to come. It also shows that they managed to lock him up for nearly 1/2 the price they were going to have to pay Luka. Seems like the days of NBA superstars might be coming to an end as business takes over. OKC showed you don’t need a superstar to win.

Talent wins. But of course it is also talent that creates stars. If a team does not have a star for a start, one will always rise. A star will always come out and make a name. OKC now has Shai. Jalen is also in the making. Even Holmgren shows he can be one. They are the big three that makes the team dominating.

But it hits different when a team creates stars rather than signs up one. It is more awesome to make originals than pirate existing stars. Chet and Jalen are OKC babies.