I spent over $500 on slots this week. When will I finally see a return?

I spent over $500 on slots this week. When will I finally see a return?

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en.m.wikipedia.org/wiki/Provably_fair
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in long run you will end up with nothing because negative expected value

>still a better investment than crypto

Just give me $20 every week and I’ll let you dig through my trash. You’re bound to find a $100 bill sooner or later.

you throw 100s into trash?

These are build to bet against the costumer, all chances are against you. Betting long time will just bring you more loss. Yes, you will probably win 6000$ on a lucky draw, but, overall the addiction will slowly make you lose more.

better off burning your money nigger.

Why just not play crypto gambling games which are provably fair? Slot machines are rigged in brick and mortar casinos, let alone on virtual casinos which only require some software to rig up the chances.

The likelihood of me accidentally throwing away a $100 is higher than the likelihood that you will beat the odds playing slots.

It's crazy to think that people actually gamble, holy shit. Meanwhile I just found an arb on some horses with a 7.4 back bet and a 6.6 lay that earned me 10 bucks for literally 2 clicks.

You have to be fucking retarded to bet real money on these online sinkholes. If you're stupid, at least use matched betting to siphon money out of betting websites with effectively zero risk.

Surely you must be trolling. You think betting isn't gambling?

Matched betting isn't gambling, because you're playing with someone else's money and you win no matter the outcome. The only way you can "lose" in matched betting is if you deposit lots of money into a shitty site and then it disappears.

Just keep playing with higher and higher bets. With how much you've lost, you're guaranteed a win sooner or later and you'll want your win to be as big as possible!

How does it work? Where does crypto gambling derive its randomness from?

I have no clue about either, but doesn't betting at least have a skill component where more knowledge gives you a better prediction of the outcome while gambling is purely random?
I always saw it as sort of like poker, which isn't purely a game of chance (while the chance component still remains awfully strong).

When you get into betting, you will quickly understand that sport events are more unpredicatble than games at casino.
All the betting experts are full of shit, it's like a high chance lottery ticket.

Huh, interesting. What about betting on other IRL events like the outcome of elections? There obviously is still randomness involved and underdogs do win sometimes, but surely you can lower entropy with information gathering.
I don't know. If someone held a gun to my head and forced me to choose between betting and a coinflip I would still choose the one where I at least feel I could tilt the odds into my favour (even if just a few % away from 50/50).

en.m.wikipedia.org/wiki/Provably_fair
The article explains better than I ever could but the gist of it is that you can verify the legitimacy of the games. The randomness of the games comes from hashing, seed generator, etc. A couple of examples are bustabit and primedice, some of the OG gambling games

Bet on Esports easy as fuck money

It's not worth to bet on sure things, the rates are oscillating around 1 and that won't multiply your bet.

lol esports is even more random than regular sports games

I guess you can in theory verify everything, although auditing the whole algorithm including RNG and hashing would probably cost more manhours (and thus money) than you would ever want to bet in the first place. Especially since there's bound to be some crypto involved, which is usually a *bitch* to implement right.

And there's of course still the basic issue that at the very best you can hope for zero expected value (complete fairness and a retarded house who lets you gamble without taking any edge or rake), realistically only expect negative long-term return. So you're still losing money, you're just sure that you lose in a fair manner.

How is "a few % away from 50/50" suddenly a "sure thing"? I'm just saying that with betting you can put work in and expect a slight shift of the odds in your favour. With gambling this is impossible.
I'm aware that the more favourable the odds, the smaller the profit margin, but that's the same in gambling (e.g. red/black only paying out 1:2).

any minute now user...

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