How can Bitcoin Gambling be Profitable? - NewsBTC

is gambling profitable

is gambling profitable - win

In our society, learning how to slightly beat the odds at gambling is thousands or more times profitable than a college education if you use it in vegas

submitted by isananimal to oneliners [link] [comments]

We have a based kidnaper in tbilis right now, he has taken hostage like 9 people and is demending that the bank interest rate be dropped down to 7% pharmacy profits be limited to 10% and gambling to be more tightly regulated.

Idk what more to say this guy is one of the most brave mother fucker around , he has demanded no money and has right now surrendered to the police. He even took control of a bank, how more simbolic can you be. You have my respect mr. Zurab.
submitted by bachuna to Sakartvelo [link] [comments]

I profited around $7k gambling this year. My normal income is just $24k/yr. Will I be able to pay taxes on my gambling at my normal tax bracket?

I won around $7k between sports betting across 3 apps, political gambling via Predictit, and daily fantasy sports. I live in downstate Illinois.
Will the $7k be taxed at some stupidly high rate such as 30% like for lottery winnings? I normally don't pay much in terms of taxes as I am in a very low bracket.
Would it be easy for me to file these as income from my profession and if so would that help? For what it's worth, I developed some fairly intricate models and spent maybe around 400 hours researching and building code. I also upgraded my PC to better run my models which cost me around $400. Is there some way to include that as a tax write-off and save some bucks? However, if this would all be a massive hassle for just like $100 or $200 extra, it wouldn't be worth it to me.
The alternative is filing this as hobby winnings?
Thanks
submitted by gambling_q_tax to tax [link] [comments]

#DOGECOİN THİS İS NOT A GAMBLE THİS İS AN İNVESTMENT GO BUY YOUR İNVESTMENT AND WAİT FOR 1$ EZ PROFİT FOR YOU COME ON BRO

submitted by DegreeOk85 to SatoshiStreetBets [link] [comments]

Is it permissable to buy/sell Pokemon cards for profit. Or does it count as gambling?

I know this is a bit of a weird question. But I want to be 100% sure it doesn't fall into the category of gambling. I was planning to try and invest in Pokemon cards as some of them sell for a decent amount of money. My only concern is the random factor of buying packs/sets of cards with the intention of hoping you get the rare/valuable cards so you can make a profit.
Part of me thinks it should be fine because in the end you are still getting a product you paid for which costs the same regardless of it if has more valuable cards in it or not. But I just want to be sure. Thanks.
EDIT: Thanks everyone for the help and advice. I have decided to not go forward with this and will instead focus my attention elsewhere. Thanks again.
submitted by Luffy97 to islam [link] [comments]

Continue to consider price action e, the true story of a poor. Best signals are those where all the criteria is met, thank you for visiting the BinaryoptionsChannel. Is it just me, whether you are gambling for fun or trading for profit. It is quite logical binary options are all about maximum ...

submitted by Angiedonaa to u/Angiedonaa [link] [comments]

I'm announcing the formation of S7VEN. A gambling company owned by VIad (100%). Company proxy will be called Sevenlot and manager is nonce. It's a for profit organization.

I'm announcing the formation of S7VEN. A gambling company owned by VIad (100%). Company proxy will be called Sevenlot and manager is nonce. It's a for profit organization. submitted by politis2301 to SimDemocracy [link] [comments]

Why to use online gambling sites? Is it really profitable?

Why to use online gambling sites? Is it really profitable?
submitted by linga33 to u/linga33 [link] [comments]

How To Choose The Right Casino Software Solutions Most online entrepreneurs think that online gambling industry is just one of the best profitable ones nowadays. Because of that, more people are willing to open their own gambling business.

How To Choose The Right Casino Software Solutions Most online entrepreneurs think that online gambling industry is just one of the best profitable ones nowadays. Because of that, more people are willing to open their own gambling business. submitted by MakhiCooke to HudSoft [link] [comments]

My take on the hermits. Evil in this context is "do you profit from another's gambling/wrestling style heels" (love all the "evil" crew).

My take on the hermits. Evil in this context is submitted by StrangeStrawMan to HermitCraft [link] [comments]

Former gambling watchdog boss says Crown Casino culture is still 'profit at all costs'

Former gambling watchdog boss says Crown Casino culture is still 'profit at all costs' submitted by GeorgeYDesign to ABCaus [link] [comments]

I been sorta “gambling” with 85+ zero chills and I feel like it could be so profitable but I haven’t been very luck should I keep going or is it a waste.

submitted by Jozif_5218 to MaddenUltimateTeam [link] [comments]

Bet Fury - Gamble To Earn Tokens, Hold Tokens To Get Daily Profit - ROI Is 150 Days

This system is interesting and similar to a HYIP although it actually generates real profit gambling.
This site has been online over a year, and it shares the daily profit with token holders.
To get BFG tokens all you need to is gamble on the site and the more you turn over the more tokens you earn, the aim of the game is to gamble as much as possible without losing using different strategies.
You get paid once daily in bitcoin, tron, bit torrent token and tether based on how many tokens you hold.
Site pays nice and fast, generates real revenue and has been online over a year, dividend pool is currently at 90 BTC and growing fast.
Join bet fury here - https://moneylinks.me/jrxR
submitted by blockchainprojects to HYIP [link] [comments]

Zodiac Online Casino - where gambling is profitable and exciting!

Zodiac Online Casino - where gambling is profitable and exciting!
https://zodiaccasino.co.nz/
submitted by rmitesh to u/rmitesh [link] [comments]

What is the best way to use £1000 to return a profit? Gamble/stocks etc?

submitted by Between3N20Karakters to AskReddit [link] [comments]

Faireum - Gambling is a profitable industry

Defining the size of the gambling industry is difficult as estimates for specific niches can be accurate but aggregation of those figures can result in a wide range. This is aggravated by the fact that some estimates include regulated markets whilst some will not include them. For example, it is estimated that the US gambling market is worth 240 Billion but estimates of illegal markets on just one sport, namely NBA, put that figure at 400 billion. China, which is the biggest gambling country in the world, dwarfs these figures and with the rise of online and mobile applications the growth is only continuing.
Sports betting, bookmaking and gambling have always seemed an interesting domain to avid investors and entrepreneurs searching for entertainment. And for a good reason. After the multi-billion dollar gambling industry was revolutionized by the internet, now it’s time for a new technology to take it to the next level.
Faireum’s blockchain-powered platform is tapping into this growth industry, presenting the structure and technology for developers and service providers to develop and deploy Dapps on our main or side chains, and reach a global audience of users in a decentralized environment. Because we are an open source, other game developers can sign up with us to list their game, which will be played on the Faireum platform in line with our goals. This service will be available for all high-growth betting and gambling sectors, such as lottery, sports betting, casino, digital games and other blockchain-based games.
Reimagining the gambling industry Despite the high rates of growth of the industry, trust in online gambling is lacking. This problem covers all aspects of the gambling industry, from user experience to payments. This is where the novel approach of Faireum comes in.
The combination of a proprietary blockchain and a set of the standards used for gambling DApp and smart contracts compatible with all of the WASM blockchain contracts written by high-level programming languags will enable the creation of a global, decentralised system, where any barrier and central authority is eliminated, and where players would enjoy a fast, fair and secure online gambling experience.
The objective of Faireum protocol is to enable a sustainable model which benefits all the parties involved in the online gambling business process. (i.e it should be more profitable for the developer to use Faireum, rather than work on its own, and less costly for a casino operator to provide better service for the players. Players should have access to more diverse range of games from independent game developers while having a higher level of security than in traditional online casinos).
Website- https://faireum.io/
Whitepaper- https://faireum.io/assets/files/Faireum_whitepaper2.0_En.pdf
Telegram- https://t.me/faireumofficial
submitted by azisjesika to faireumofficial [link] [comments]

with how cheap stacked decks have gotten; is it more profitable and less of a gamble now to open them rather than sell them ?

I sold hundreds of stacked decks for multiple exalts; but I wonder If I unpacked them would I make more money that way ?
or is the doctonurse/mirror cards so rare that its simply not worth it ?
submitted by BouncingBladesJM to pathofexile [link] [comments]

Garena tries to profit on popular skins by forcing its players to spend obnoxious amount of money through gatcha system. The only way you can get Galaxy Slayer Zed and the upcoming Dark Cosmic Jhin is to gamble.

This is not the first time Garena tried to profit on certain skins by forcing its players to spend extra money on something that had been priced by Riot. The only way you can get these skins is through the gatcha system that does not even show the chance of any percentages. These "limited only" skins are unfair to players who has to play in the Garena server and I honestly do not understand why Riot is allowing Garena to rip off its players like this. It is not only unfair to the players but also damaging the IP of League. I am absolutely willing to spend on skins but I am not willing to gamble on skins that I know there is a price on.
Edit:typo
Edit 2: To specify, this is happening on Garena Taiwan
submitted by TripleSes to leagueoflegends [link] [comments]

[OH, US] Is it legal to operate a for-profit online gambling website based out of the United States?

Hey All -
I am looking to create a web-based service that allows its users to gamble in real-time with USD currency. I currently am unsure the nature of the gambling at this time (ie. sports, casino-style games, etc). Is this legal to operate in the United States? If so, are certain licenses and/or permits required?
If this is still illegal, or a grey area, what is the legality with a workaround such as a this:
  1. User purchased “coins” or other digital currency that is exclusive to my site, for real currency (USD).
  2. User then uses newly purchased “points” to wagegamble with
  3. User has the option of re-selling digital currency, or “points”, to other users or back to my website for true USD currency.
The above work-around is technically “for fun” gambling since true funds are not being used to place bets or cash-out.
As the title states, I am posting this from Ohio, United States. This is also where I would operate my website out of.
Any and all tips, suggestions, and guidance are so greatly appreciated.
Thank you all in advance!
TL;DR - I want to operate a website that allows users to gamble online for true currency, and I have no clue the legality behind such an operation.
submitted by _aP to legaladvice [link] [comments]

ELI5: How is sports gambling profitable for the people taking bets?

In most forms of gambling it's obviously because you only get winners a relatively small percentage of the time each time a bet is placed
But in sports betting you always have winners. And I would think the odds of winning trend at or around 50% with basic payouts being 2:1 if i'm not mistaken. Where does the profit and the ability to make payouts come from?
submitted by Mattsasse to explainlikeimfive [link] [comments]

@chelseayouth The number of accounts, and thus by extension people, tipping and betting on U23 and U18 football is frightening. These matches aren't televised, highlights are mostly scarce, access is often limited, but people are gambling on it anyway and or/profiting off others' misfortunes.

submitted by theworldisanorange to soccer [link] [comments]

Can someone explain spontaneous edifice to me? How is it profitable if I could get 10 farms in a row and then lose a chancemaker on backfire? Isn't that just gambling?

submitted by democraticcrazy to CookieClicker [link] [comments]

is gambling profitable video

Strategy for Profit in Sports Betting (2021) - YouTube Profitable Crash gambling Strategy with proof. - YouTube Making INSANE Profit on CSGOEmpire!(1K PROFIT) BEST formula for passive income  How To Make A Living ... GAMBLING to make PROFIT is it possible? Monday 8th ...

As profitable sports bettors, we are simply taking advantage of the publicly available promotions offered by the bookmakers and using the best value odds (which are also publicly available) to place legal bets. As an example, match fixing (where bettors pay players to influence the outcome of a match) is an illegal form of profitable sports Gambling is a very good way of earning extra money but is also the best way to lose all your investment. It is a form of entertainment that sets limits for the amount you are willing to risk in order to win your money back. Gambling involves risking something of value on an uncertain event in hopes of winning something more than what was wagered. Which betting strategy is the most profitable? In this article, we tested some of the most popular betting strategies to try and determine which is the best and which ones you should stay away from. Our friends at BookMaker.eu provided us with a test account to run our simulations. We placed and tracked the success of five popular betting systems over a series of 500 bets. Here are the results Gambling Can Become Profitable But It’s Insanely Hard. You need a strategy, risk management and discipline to make money in gambling. It sounds easy yet 90% of gamblers fail in poker, sports betting and casinos. Gambling is a 400 billion dollar industry. This means there are 400 billion dollars on the table to grab, placed by punters and bettors worldwide. That is the gambling pie. Now, grab Profitable Betting Business. While laying action adds a considerable amount of fun to any sports game, you don’t do it to lose. Can sports gambling be profitable? For a player, it can be, but being profitable takes a considerable amount of work and dedication. Make sure you know what you’re betting on and how to manage your cash. If so, what form of gambling is the most profitable? E.g. lottery, casino, sport betting Matched betting is probably the easiest way to become a professional gambler but does have an earnings cap. Once you have made £15,000-£20,000 you will need to move on to another way to make money gambling. Then once you have exhausted matched betting you can move on to making money from casino bonuses. Even more profitable but quite a bit Profitable Gambling. All resources you need to succeed in online gambling. Profitable Blackjack; Profitable Sports Betting #1 No Card Counting Blackjack System! Home ; WARNING: “Casinos Actually Promote Sucker Blackjack Systems Like Card Counting!” That’s right, because they know that most people can’t memorize cards or keep counts under pressure, and the few who can are blacklisted in Boyd Gaming is another extremely profitable American casino company located in Nevada, United States. It was founded by Sam Boyd, who’d had decades of previous experience in the gambling industry, in 1975. This was primarily created to develop and operate the California Hotel and Casino in Las Vegas, the first property belonging to the company. A very profitable system and one that comes highly recommended. You can check out the In-Play Scanner here. 4. Each Way Sniper. Making consistent profits from betting on the horses is tough but one of the systems that manages it is Each Way Sniper. It is based on the excellent value you can get from betting on each-way selections when there is a strong favourite in a race. Included in the

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Strategy for Profit in Sports Betting (2021) - YouTube

If you don't have an account on gamdon sign up here : https://bit.ly/3dqmODE This is a crash strategy that i usually use to get my bankroll back up. I am pla... One of the simplest and most straight forward Sports betting strategy for 2020 is released !!. How to earn money and make passive income here (FREE Video): ️... GAMBLING to make PROFIT is it possible? Monday 8th February 2021If you are having trouble with gambling then please seek help:https://gamban.com/https://www.... Hey guys! This is a gambling video on csgoempire, I made over one thousand dollars profit! By the way IM DOING A GIVE AWAY AT 800 SUBSCRIBERS! SO SUB PLEASE! CAN I GET 5 LIKES! ***** Instagram ... Strategy for Profit in Sports Betting (2021)If you are looking for a prediction and free pick for the game today, I got your Breakdown and Free Pick for toni...

is gambling profitable

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