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[memehunter]

The odds for short term trading are better.

With due respect, is it your assertion only or you can back it up with something?

[bitmover]

The odds for short term trading are better.

With due respect, is it your assertion only or you can back it up with something?

Of course I can back up.

Just read the terms of any casino. Do you think I am inventing the term house edge? Don't you know what it means?

Everytime you bet in a casino, the ods are slightly in favor of the house. This is what house edge means.

There isn't such think in short term trading. Do you think that everytime you buy an asset there is a big whale trying to liquidate you? Of  course not.

[Don Pedro Dinero]

The odds for short term trading are better.

With due respect, is it your assertion only or you can back it up with something?

Of course I can back up.

Just read the terms of any casino. Do you think I am inventing the term house edge? Don't you know what it means?

Everytime you bet in a casino, the ods are slightly in favor of the house. This is what house edge means.

There isn't such think in short term trading. Do you think that everytime you buy an asset there is a big whale trying to liquidate you? Of  course not.

They are two different things, and in fact odds are not used to refer to trading. In the end it seems to me that you are arguing one about pears and the other about apples. It is true that with the house edge there is a mathematical certainty that in the long term you are going to lose that there is not in trading, but short-term traders who are profitable, in the long term, there are very few.

[Forsyth Jones]

Although it might look at good idea at first, i think this is a bad moment for casinos in our country.

There is a new "bets law"  here, which basically means blocking casinos which accepts BRL.
BC.game was recently banned in Brazil.

I believe it is better to operate with crypto in Brazil. Otherwise, if trying to accept BRL fiat, it can just get a region block for all Brazilian users.

You're right, I ended up forgetting that detail, anyway, just use crypto to deposit at the casino and it's good that we keep things that way in the brazilian region. I just didn't know that it needed to accept BRL or PIX to be included in the regulations. Better to keep it as it is.

[notocactus]

They are two different things, and in fact odds are not used to refer to trading. In the end it seems to me that you are arguing one about pears and the other about apples. It is true that with the house edge there is a mathematical certainty that in the long term you are going to lose that there is not in trading, but short-term traders who are profitable, in the long term, there are very few.

Different games, different maths, and different necessary skills and tricks for success but their common thing is it's really hard to get profit in long term.

Both trading and gambling are hard to get long term profit and very few traders and gamblers get richer with a long time of trading and gambling. I am not a professional gambler or trader and I think investment is a better way for getting profit in long term. With gambling, do it for fund, with trading do it with small part of your capital as your big capital part should be assigned for investment.

[philipma1957]

Gambling means you are betting at unfavorable odds.  So even with a perfect mindset you still should lose and only play for fun (small amounts)

I agree.

Trading does not mean that. with a perfect mindset you would be able to have a better chance at winning since you could study and detect coin trends better than the average trader.
The only 'gambling' game this is true is power as if you have the best mindset of the players in your poker game you will likely end up the winning more often than not.

The poker analogy is fine, but it only works if you are talking about researching long-term investments. In short term trading it is same as (if not worse) gambling with negative EV.

Short term trading is not the way to trade.

THE only time I do a short term trade is if a coin goes up insanely in price.

10X OR MORE.

I purchased Trump coin 10 for 11.11

I LISTED 5 coins at 97 each.

They could sell in ten minutes if it goes from 11.11 to 97 today.

Or they could sit there for years.

[Don Pedro Dinero]

Different games, different maths, and different necessary skills and tricks for success but their common thing is it's really hard to get profit in long term.

The difference is that in short term trading there is a real, albeit minimal, chance of making money in the long run, whereas with games where there is a house edge and given a sufficient sample size, there is an impossibility that you will be in profit after X number of plays, which can be calculated.

<...> I think investment is a better way for getting profit in long term. With gambling, do it for fund, with trading do it with small part of your capital as your big capital part should be assigned for investment.

Yes, the best way to ensure profits is to invest for the long term (in premium assets). Gambling for fun and possibility of short term profits.

[bitmover]

Everytime you bet in a casino, the ods are slightly in favor of the house. This is what house edge means.

There isn't such think in short term trading. Do you think that everytime you buy an asset there is a big whale trying to liquidate you? Of  course not.

They are two different things, and in fact odds are not used to refer to trading. In the end it seems to me that you are arguing one about pears and the other about apples. It is true that with the house edge there is a mathematical certainty that in the long term you are going to lose that there is not in trading, but short-term traders who are profitable, in the long term, there are very few.

I don't think so.

I will try to make it more mathematical.

odds betting:

Code:

win chance in casino = random - house edge

odds trading:

Code:

win chance in trading = random

[btcltcdigger]

Short term trading is not the way to trade.

THE only time I do a short term trade is if a coin goes up insanely in price.

10X OR MORE.

I purchased Trump coin 10 for 11.11

I LISTED 5 coins at 97 each.

They could sell in ten minutes if it goes from 11.11 to 97 today.

Or they could sit there for years.

The only short term trading i'd consider would be futures. If you are sure it's gonna go up or down, then leverage 10x on it and enjoy the profits.
Short term trading with spot is kinda pennies on the dollar, unless you have huge bags to work with

[Rruchi man]

They are two different things, and in fact odds are not used to refer to trading. In the end it seems to me that you are arguing one about pears and the other about apples. It is true that with the house edge there is a mathematical certainty that in the long term you are going to lose that there is not in trading, but short-term traders who are profitable, in the long term, there are very few.

Different games, different maths, and different necessary skills and tricks for success but their common thing is it's really hard to get profit in long term.

I think you mean "hard to keep profit," not "hard to get profit" in the long run.
This correction is because there is a distinction between the two.

An unsuccessful gambler or trader who consistently gambles will lose yes, but there is also a higher chance of them winning with every try. Same goes for a gambler.

The difficulty after getting some profit in gambling or trading is maintaining it then.

I think investment is a better way for getting profit in long term.

You have to be specific; people have made wrong investments and regretted them bitterly.

[dwyane36]

The only short term trading i'd consider would be futures. If you are sure it's gonna go up or down, then leverage 10x on it and enjoy the profits.
Short term trading with spot is kinda pennies on the dollar, unless you have huge bags to work with

Does anyone actively use Betfury futures with such leverage and enjoy profits? As mentioned earlier, Betfury futures are gambling, but based on the leaderboard, there are some users who are taking risks and using even x1000 leverage to get a good profit in a short period. To be honest, such a huge leverage is insane.

[AHOYBRAUSE]

The only short term trading i'd consider would be futures. If you are sure it's gonna go up or down, then leverage 10x on it and enjoy the profits.
Short term trading with spot is kinda pennies on the dollar, unless you have huge bags to work with

Does anyone actively use Betfury futures with such leverage and enjoy profits? As mentioned earlier, Betfury futures are gambling, but based on the leaderboard, there are some users who are taking risks and using even x1000 leverage to get a good profit in a short period. To be honest, such a huge leverage is insane.

I have never tried that feature cause if I bet on something it would only be basketball. I have no clue about futures and so on so I better stay away from it if I don't wan't to burn money I guess. Not surprised thought that the leaderboard is showing big "bets" on that. People always get a kick out of betting on anything these days. 

[memehunter]

The odds for short term trading are better.

With due respect, is it your assertion only or you can back it up with something?

Of course I can back up.

Just read the terms of any casino. Do you think I am inventing the term house edge? Don't you know what it means?

Everytime you bet in a casino, the ods are slightly in favor of the house. This is what house edge means.

There isn't such think in short term trading. Do you think that everytime you buy an asset there is a big whale trying to liquidate you? Of  course not.

In short-term trading, you are just betting on random noise (in an efficient market). Considering the various fees of exchanges (brokers) it is still a negative EV game just like any casino. If you are doing leverage trading than the fees are even higher just like various games in casinos with many games with different house edges.

They are two different things, and in fact odds are not used to refer to trading. In the end it seems to me that you are arguing one about pears and the other about apples. It is true that with the house edge there is a mathematical certainty that in the long term you are going to lose that there is not in trading, but short-term traders who are profitable, in the long term, there are very few.

In a traditional sense, you are right we don't use odds in the context of trading but that does not mean that odds are not present there. Odds exist in every situation where risk rewards apply.

In the end it seems to me that you are arguing one about pears and the other about apples.

They both are fruit and I am on Ketogenic diet 

[Pmalek]

The UEFA Nations League playoff matches are coming up, and I took a look at the odds that Betfuy offers compared to some other popular bookies like Stake and Sportsbet.io.
I only considered the four Group A matches: Denmark - Portugal, Croatia - France, Italy - Germany, and Netherlands - Spain.

Let's imagine we wanted to bet on home wins in all four matches. This is just for the sake of odds comparison. Here is what is currently on offer:

Denmark to win:
Betfury - 3.50
Sportsbet - 3.55 (without bet boost)
Stake - 3.35

Croatia to win:
Betfury - 3.70
Sportsbet - 3.75 (without bet boost)
Stake - 3.55

Italy to win:
Betfury - 2.75
Sportsbet - 2.68 (without bet boost)
Stake - 2.70

Netherlands to win:
Betfury - 3.10
Sportsbet - 3.05 (without bet boost)
Stake - 3.05

As we can see, Sportsbet.io offers the best odds for the first two matches (this is without their bet boost feature) while BetFury offers better odds on the second two games. Stake took the last place in this little comparison round.

[BetFury.com]

Be trendy & educated🔥
Learn some viral crypto terms!

📍"Giga Chad"
The fearless trader

📍"Valhalla"
The ultimate financial goal

📍"Sendor"
Someone dumping assets fast

📍"We are so back"
Market recovery hype

Do you know other slang phrases❓

[bitmover]

In short-term trading, you are just betting on random noise (in an efficient market). Considering the various fees of exchanges (brokers) it is still a negative EV game just like any casino. If you are doing leverage trading than the fees are even higher just like various games in casinos with many games with different house edges.

Brokers fees are basically irrelevant,  like 1-3 usd per trade. If you are doing serious trading with 1000 usd that means nothing (less than 0.3%). House edges are much higher.

As I showed earlier:

odds betting:

Code:

win chance in casino = random - house edge

odds trading:

Code:

win chance in trading = random

This is just pure math. Which doesn't  mean you shouldn't use casinos, because they have other purposes: they are fun, and trading isn't. You just can't compare the odds of trading with bets.

Maybe sport betting have better odds as you can use statistics models , but for casino games you are obviously in worse odds. Math

I see no reason to go further in this discussion..

[notocactus]

I have never tried that feature cause if I bet on something it would only be basketball. I have no clue about futures and so on so I better stay away from it if I don't wan't to burn money I guess. Not surprised thought that the leaderboard is showing big "bets" on that. People always get a kick out of betting on anything these days. 

I love basketball through a manga about twenty years ago and only watched some highlights of basketball matches. I have never watch a full basketball match and never bet any match too. I could be wrong but I feel like basketball is too high in intensity and many uncertain factors within a match, and it's likely harder to bet in a basketball match than in a football match.

If you have ever bet in both basketball and football, you can share your experience.

[snipie]

The UEFA Nations League playoff matches are coming up, and I took a look at the odds that Betfuy offers compared to some other popular bookies like Stake and Sportsbet.io.
I only considered the four Group A matches: Denmark - Portugal, Croatia - France, Italy - Germany, and Netherlands - Spain.

Let's imagine we wanted to bet on home wins in all four matches. This is just for the sake of odds comparison. Here is what is currently on offer:

Denmark to win:
Betfury - 3.50
Sportsbet - 3.55 (without bet boost)
Stake - 3.35

Croatia to win:
Betfury - 3.70
Sportsbet - 3.75 (without bet boost)
Stake - 3.55

Italy to win:
Betfury - 2.75
Sportsbet - 2.68 (without bet boost)
Stake - 2.70

Netherlands to win:
Betfury - 3.10
Sportsbet - 3.05 (without bet boost)
Stake - 3.05

As we can see, Sportsbet.io offers the best odds for the first two matches (this is without their bet boost feature) while BetFury offers better odds on the second two games. Stake took the last place in this little comparison round.

It is in fact attractive odds for those betting for the underdog nations here. Stake odds are lower because they know that there is a risk that one of them might win. I doubt all favourite teams will win the game, we will see some surprises for sure. I don't know how ready is France for example. Italians could impress if they played well even though I have doubts about them and Germany is quite good.

[Rruchi man]

📍"Valhalla"
The ultimate financial goal

A familiar term from Vikings the movie; I never knew it was a slang in crypto too, nice!

As we can see, Sportsbet.io offers the best odds for the first two matches (this is without their bet boost feature) while BetFury offers better odds on the second two games. Stake took the last place in this little comparison round.

Why are the odds different among different casinos for different games?

[Smartvirus]

It is in fact attractive odds for those betting for the underdog nations here. Stake odds are lower because they know that there is a risk that one of them might win. I doubt all favourite teams will win the game, we will see some surprises for sure. I don't know how ready is France for example. Italians could impress if they played well even though I have doubts about them and Germany is quite good.

I wouldn’t say that’s the case as out of normalcy, odds do vary from sportsbook to sportsbook. You don’t find odds being given in the same way but, you wouldn’t find them so distanced too. They are always in a range that is just about 0.20 difference which is negligible. Not to everyone though, these odds is what we rely on for our wins and so, you would find bookies offering better odds and have got some good policy on withdrawal attracting more gamblers than others.
The tendency for any of the underdogs to win, there is always these tendency in every fixture.