The probability that permeates games, in general, always presupposes equality of chances. If there is a change in this balance, the game is classified differently: games of lucky, games or games of bad lucky
Games of lucky are those whose probability, added to the player's action, guarantees a percentage of success that is always greater than the chance of loss. In this list of games are all electronic, computer and video games. In these, the probability always favors the player, at some point, and, throughout the game, there are improvements that reduce initial loss compensation, usually reaching the end, with the player feeling that the game has become easier.
It could not be the opposite, these games usually have a beginning, middle and end and the strategy is to provide fun or, at least, challenges that allow the player to feel that he is advancing and growing in the game - as in life.
Games, by definition, without luck or bad luck, are games where the probability, when not affected by some dishonesty, has an equal chance, with each move, of winning or losing. For example, when flipping a coin, there is always a 50% chance that the player will win or lose. On a die, the player always has a chance of winning 1 in six turns, in a card guessing game, the player has a chance of 1 for every 52 cards.
That is, without any changes, the games are generally balanced. Which doesn't mean that you always win, just that the odds are equal.
In fact, if you roll a dice, for 12 hours, within a chosen fixed number, you will verify that the frequency of the chosen number will always be from 1 to 6 even. Of course, being guaranteed the same release, the same speed, the same strength and so on.
Games of bad lucky, on the other hand, are intended to occasionally make the player lose, but giving the impression of winning, always keeping the player in the promise of winning.
However, added to the losses, they will always be greater, invariably.
Manipulated games of chance are the illegal ones, because in the imminence of a player's statistics to win, he generates some event that makes him lose.
In this focus, there are two types of modalities, in the cryptocurrency market, which have this tendency to manipulated bad luck: online games that promise treasures in cryptocurrencies but, in practice, they are addictive to programming so that, in learning the machine in the player's behavior, to act on changing values right when the player should win. It has a famous cryptocurrency game site whose algorithm, besides not being balanced, is blatantly manipulated so that the player's behavior starts, after many registered games, to cause non-probability losses.
Example: game in which the next card can be higher or lower. And the repetition of cards, at the very extremes, where there is greater security for the player, ends up starting to repeat the cards not statistically. That is, loss upon loss. But always promising gain.
Another game from another site, where balls fall, and there is an automatic bet, in theory the balls falling, over two hours, should be randomly constant, that is, the lost value plus the won value should be zero. That would be the theory of balanced and randomly correct play.
In practice, if you spend two hours playing the game, or 24 hours running the game on automatic, the player will lose everything.
Another form of gambling that is much more dangerous is tokens.
Born to be a species of "shares" of cryptocurrencies, or parts of a project that can be sold as a guarantee of return and fund capitalization as a way to help something or capitalize money for some commercial event, tokens are other forms of games of bad luck.
Not coincidentally, when the fund starts to make profits and would have to return part of the investor's commitment, some catastrophe occurs: hacking attacks, low bitcoin value, hacked page that never comes back and so on!
Generally speaking, it's not even a game of chance, it's actually a trash can where you throw cryptocurrencies or even money, for some promise of gain. In fact, it comes in as SCAM or Ponzi Schema.
Have any of the readers here already gone through this situation? I think so.
That is, in practice, when posting on cryptocurrency betting sites that look honest, in tokens that promise lots of free funds, remember: NOTHING, absolutely NOTHING is free in this world of cryptocurrencies!
Simply because everything has fees.
Look at the example from the site itself: offers Ifarm and Amp for free.
Well, to work with Ifarm you have to have ethereum, to change in uniswap. This exchange is more expensive than what was won in Ifarm, ever!
Translation, the unreality of Ifarm is that if you don't have extra money for fees, you can't and you can do absolutely nothing with IFarm.
In the case of Amp, the only way to convert, in fact, is by Kucoin! Forget any other Wallet! Binance, MEtamask, trust, they won't do, because, again, if you don't have BNB or ETHER, again, you won't be able to do anything.
But there is another problem: in Kucoin, where it would be possible to convert Amp directly, the accumulated amount to be able to convert takes a long time and when converting the rate takes almost 1/3 of the conquered. And to transfer in cash, there is another fee of 1/4. In other words, in the end, every 10 dollars in Amp, you actually get 2 dollars, leaving the remaining eight along the way.
I don't judge publisx0x. He offers it for free, whoever wants to accept accepts. But the post publish0x rules, in converters, brokers or swaps is not clear.
And this post-earning machine is what permeates almost all cryptocurrency systems: high fees, no possibility of withdrawal unless you put in more money and higher amounts to withdraw for the sake of gain. In other words, in order to obtain and withdraw 10$, it must accumulate almost a year.
And fees eat almost everything.
However, almost all brokers, as well as traditional banks, use everything that is deposited to make lateral gains. In this case called liquidity.
You also have gains from Farm or Pools.
The values offered in return are minimal depending on what the brokers earn: backing to maintain themselves. Financial liquidity, anyway. Just like any real bank!
Yes, my dear reader, what you are reading is not conspiracy theory! It's simply how the cryptocurrency system survives: vampirically through its investors!
Or someone reading this site has not come across one or more of the relationships listed above???
That's why, when investing money in any cryptocurrency, you should take into account all these initial losses and ask yourself: how many % do I need to get in order to have a real gain?
Because without that, you will have nothing and you will only feed the system with your money, your time and your psychological health!
Charging fees is not wrong.
Making the right money rotate either.
But the values of fees, withdrawal limitations, lack of explanations about pools, farms and binary settlements make the system cloudy, unreliable.
In the real world, a bank cannot restrict money, or charge unfair fees - because it loses the customer, nor can it turn the money around without a clear and precise contract of guarantees.
This e+ is the dark side of this world that rages against regulations.
The regulations would make these relationships transparent....many people who work in the shadows would have to work for real, without cheating and getting rich at the expense of others!
Always, always, always check fees and how much you have already lost simply by placing some cryptocurrency in a broker, or in tokens, or even in DefI systems.
Excuse me enthusiasts, but the math testifies against the system as it stands.
Only regulation saves!