I made a post once titled "is Bitcoin just for the rich? " , I got a lot of reply and the majority said Bitcoin is also for the poor, thats not a really wrong answer, but how many poor folks have made the kind of wealth like the top investors with alot of resources.
I made some more research and I discovered more. I discovered that the rich have a high advantage when it comes to Bitcoin, we should know that Bitcoins high volatility and complex market dynamics often favor those with more resources, this rich folks got what it takes, they have the experience and Market knowledge to do as the wish without breaking a sweat or being scared because they have the funds and can afford to hold through market fluctuations. This guys can make big investments in market analysis, tools and expertise, tell me how will the poor catch up, how will the poor get to such height, how can they afford to overcome fear when there is little experience. It is very challenging for the poor investors to succeed in the Bitcoin market, potentially whitening the wealth gap.

You say something that hits the nail on the head completely , because what makes people return to a dangerous activity is because it seduces them and they find it attractive, which becomes a temptation where if there is not enough strength they can fall again and those relapses are the ones that should be avoided the most, there is no need to think about it too much , those things if they know that they hurt us should be avoided no matter how pleasant it may seem to Play in the casino, an addicted person after being addicted, the fact of playing must know how to Manage their Emotions.

I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?

Well, I'm against making changes based on what you see or based on someone else's opinion, because no one is perfect when it comes to predictions. For instance, you finish making a prediction just before the game starts, someone looks at your game and starts giving his opinion on how you've made errors in your predictions and how you should have alternatively make a different pick, and due to these opinions, you lose confidence in your predictions and then decide to change it. I've also been in a situation where I made a Parlay bet that lasted for a week, the game started and was going well until the 4 day, I was completely confident in my predictions until the team I predicted to win started losing by 2 goals, which made me lose confidence and decided to cash out, but unfortunately for win by the end of the game, it all played out according to my prediction and I totally regretted my actions.

Не знаю что там в Новосибе, но насчет кавказа это еще надо разобраться сколько там потерь именно от майнинга. Совсем недавно там собираемость оплаты за ЭЭ была в районе 10%, но это как бы не афишировалось ввиду "исторических обстоятельств и местных традиций". А сейчас все потери удобно списывать в графу "проклятые майнеры" - не ущемляет никого + в тренде ужесточения контроля/повышения цен под предлогом соцнорм.

а старье все равно продашь за копейки, оно на платной ээ или чуть выше нуля или даже в минус. я такое обслуживал, ну не работает оно стабильно без присмотра, а тут еще все на улице в ящиках.

я у дагестанцев спрашивал, сказали что платят, и туда контроль добрался. тут же дело такое, что потери это у сетевых компаний-все что выше нормы по передаче, а собираемость платежей, это уже норма местных ээ сбытовых компаний.

Team's Failure, who is Responsible?

This is the question we should always ask ourselves in gambling whenever we are are playing bets, then discovered that the team we supported in sport bets for instance does not perform as we expected in their match.

Who do we often often blame to be responsible for the failure to deliver, is it the coach or the players, because the two plays the most important roles towards the performance of a team in winning or loosing a match play, so let's discuss about who's responsible and should receive the blame.

I saw a post about someone returning to gambling after quitting for some time, maybe a year or more. But my concern is not more on the return to gambling, rather it is on the very question I am about to ask that requires your opinions if really we want to solve the problem of gambling and addiction into it

What could be the reason for his return and what can be done to manage such situation?

I agree with this, because it means that as players we consider gambling as an activity that is not meant to generate money, so losses can be accepted well and when winning, we can manage that money well either for enjoyment or other purposes.
However, gamblers find it difficult to manage their expectations because they always want to win and the money they use must increase, so the opposite result will be very disturbing and they try to recover what is lost.

I really wish we had achieved that, because when crypto first started, we never thought regulation would become this tight. Back then we even argued that crypto casinos should be free from regulation and KYC since crypto isn’t fiat.

But now, look at the space -  crypto and fiat casinos basically follow the same regulations when it comes to KYC. Because of that, we can’t gamble anonymously anymore, and the edge that crypto once had is already gone.

While what you are saying could actually be true, i still see nothing wrong with making adjestments and necessary modifications in your bet. simply because one took his time to make his analysis doesn't in any way mean that they can't make mistakes or have inaccurate judgements when making predictions. so in a case whereby you've done your analysis and made your  bet, and then later discover you've actually made an error or a flawed judgement, just because you spent time to make those analysis doesn't IMHO mean that you can't make necessary changes, plus you might never just know if those changes are what will actually make you win.

So I’m wondering, is this really a legal safeguard, or are they just using it as their own policy to forfeit players’ winnings?
This is actually a serious concern. Most of us might not have reached that level yet, but what if one day we do hit it big and end up facing the same situation?

I’ve been thinking about this for a while whenever I check the lines in different sportsbooks. We all see odds move up and down before a game, but the real question is, are those numbers actually showing the true probability of the outcome, or are they just being adjusted so the bookmaker balances the action on both sides?

For example, if a team is priced at 1.90, does that really mean they have a 52.6% chance of winning? Or is it more about the book trying to spread money evenly so they lock in a profit no matter the result?

for odds converter, I'm using this i found in the internet https://www.aceodds.com/bet-calculator/odds-converter.html

I think lazy people are inherently lazy, so when they see gambling offering an easier opportunity, they are definitely very interested in gambling rather than working in other fields. It could be said that gambling gives them an additional reason to be lazy, although it cannot be denied that a big win in gambling can influence any gambler to be lazy.

Some people may be lucky in gambling, but more people experience the opposite. Anyone who quickly realizes that gambling is not the place to seek wealth will be a very lucky person. Despite all that, I agree with you that many of today young generation are indeed lazy, perhaps it is due to the difficulty of getting a job, or maybe it is due to the upbringing of their parents who spoil them too much.

Gambler will sometimes think that the result will go in his favor and sometimes he will think that the result can go against him. Because of this, he will be under more pressure mentally. We must put such an amount in the bet that there is no need to change that amount. In the case of those who fluctuate, the amount of loss is higher. They lose more than they gain. If the bet in which you are increasing the money is lost, the amount of loss will increase, and if it happens that after the money is withdrawn, the bet wins, then there will still be regret. If the standard level of bet is placed, then of course, whatever the win or loss is, it will be acceptable.

That is on them; we are discussing how Blockchain + KYC can improve self-exclusion in preventing gambling addiction.  Not whether casinos will accept it or not.    After all, if the regulatory board requires it, they need to follow, if not, then the casino is entitled to their decision .

I think you need to read this article: https://www.gamblingcommission.gov.uk/news/article/online-operators-required-to-participate-in-gamstop-from-march-2020  to see specifically if cross-platform sharing of self-exclusion data is illegal.

So laziness do contribute to irresponsible gambling.

Or you think I am wrong? It's very hard to make money in the real world this days, too many people are jobless because of economy or lack of business slots available and this has a negative impact on people.

Many addicted gamblers I know are not ready to go the normal hard route to make money, they are isolated and finding ways to make the money easily then gambling became the only option to them.

I am saying all these people because i did helped two people on my tuff or so I thought, I found them web3 jobs online and since they love isolating themselves I should be easy, I waited patiently thinking that finally they will escape the tense of gambling and losing money and focus on having a life but they started complaining that they can't wait long to make money.

It's like they won't want to work and yet gambling isn't helping either, I guess this effect happened because they have tasted how it feel like to win some money through gambling so they shut every other doors.

Back in the day we were just using the major coins like Bitcoin and some altcoins - no stablecoins yet. We gambled with the price volatility too, but we liked it because it was non-regulated and gave us full freedom in gambling.

Now crypto casinos are very regulated already, meaning we have to comply with KYC. And if we’re using stablecoins like USDT, USDC, BUSD, etc., then it’s really no different from fiat casinos since both the payment method and the casino itself are regulated.

The downside is, does blockchain now just feel like a wrapper? If I’m using USDT, it feels no different from betting with dollars on a centralized e-wallet, aside from slightly cheaper transfers.

So that’s my question, are they killing the crypto edge we enjoyed before?

I'd like to hear your opinion: when Bitcoin's price drops, who comes out on top: the casinos or the players who manage to control themselves?

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What is your take on implementing a global temporary ban on using online gambling platforms using Blockchain+KYC to prevent people from getting addicted to gambling?

Bet adjustment is actually about the management of risk and emotions. Pursuing after losses through bets increase can be potential danger, because a single wrong turn can erase you. Increasing after a win may feel safe, if you will be betting with the profit, yet it can as well backfire when the streak stop abruptly. From my view, I will prefer staying with consistent bets with slight adjustment, because stability provides better chances of lasting longer to avoid tilt. The concern is securing your bankroll at first, not going after fast swings.