S47: Gambling seduction
Nov 12, 2023 | Fireside Chat (episode 1)
Last updated
Nov 12, 2023 | Fireside Chat (episode 1)
Last updated
In today's series, i have one poll for you to engage with, i have one engaging question.
Today, we will dive deep into the complex yet ease to access world of gambling, we will give ourselves the allure, the thrills and the potential downside of gambling. i look forward to you sharing your thoughts, questions and experience thoughout all our conversations today.
if you wanna share your experience on gambling, please raise your hand. i will bring a few people up, and leave your experience also in the comment section, i will read it out.
engage the polls, be ready to make comments as we progress.
Today's series is sponsored by Osagie?. he's a state of heart graphics design, and a web3 explorer, he is an NFT expert
we will understand what gambling is
we will understand the technology evolution in gambling
you would have understood the power of blockchain.
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Poloniex exchange founded by Justin Sun was hacked and exploited of $125M. however, he said the exchange is liquid and will refund all users.
the move to de-dollarise africa has began and guess who is leading the movement. Kenya.
the SS2 extension story with Dolapo. playing worth
even though the history of gambling date back to 600 BC, Gambling was formerly legalised in nigeria in the National Lottery Act 2005. and the first gambling online firm in Nigeria was NairaBet owned by Otunba Akin Alabi.
but the oldest gambling service was Baba Ijebu which was registered in 2001. he real name was Sir (Kessington Adebutu) Chief kessington Adebukunola Adebutu. and the real name of the company is Premier lotto services. i bet many of you don't know that!
someone said gambling is the game of hope and greed. how true is that?
Questions?
72.8% of gambling activities in Australia is carried out with Bitcoin.
Gambling is fun, when does Gambling become dangerous
What step should people that needs help take ?
Can we consider trading as gambling?
gambling can cause low self esteem, stress, anxiety and depression, and when it becomes a problem, it becomes an addiction like drugs and alcohol, and the consequences are daring; you know you need help when gambling leads you to severe debt, you start selling properties. when people around you start noticing that you are gambling and you start to have straining relationship with your family and friends and you can become violent. in extreme situation, suicidal thoughts.
talk to your support person, it could be your parent, a psychologist, a doctor, a pastor or a mentor.
start a gambling diary, write your feelings and action in your gambling diary
Control your cash; start a fixed deposit savings plan, invest in long term asset that you won't have access to.
the time you use to gamble, spend it on other productive activities; you can start a gym section, travel the world or read books, start a skill training or practice musical instrument.
start a relaxation process an stick to it. take yoga classes, meditate or take a long evening walk.
making financial transaction without a solid investment understanding is gambling. until knowledge has been developed that allows you to overcome the odds of losing, you are gambling with each transaction that you take.
two major gambling scenerio in trading
trading for excitement especially for social proofing
trading to win.
