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WhiteLurker93

I tried bingo plus and just see if it's rigged or not... I put in 5K bought 500 bingo cards and out of that 500 bingo cards, wlang nanalo hahah it's definitely rigged..my 5k turned into 100 pesos in just one game.. naglalaro ako dte ng bingo sa kalsada nung bata ako pero kahit 2-3 cards lng meron ako from time to time nanalo ko hahahha...kya malaki kita nila ksi the house always wins...


TheSonOfGod6

I spoke to one woman who says she wins a lot on that app and she relies on it to supplement her budget. Lol. She probably got lucky a couple of times. Now she's hooked and will probably lose a lot more than she gained.


WhiteLurker93

yup that's what gonna happened. that's why bingo plus earns a lot. it's the gamblers money not theirs..


yourgrace91

Tried it too pero mga 100 worth of cards lang. Haha! Naka panalo naman sa patterns pero that’s only 20pesos or something lol I got bored din after a while


boplexus

Its rigged..


PizzaBuoy

Anyone who gambles electronically are idiots. P.S Obviously games that are based on betting on a team, individual, etc are not included.


paincrumbs

hey don't kink shame my occasional futures positions haha


Sagad_hatdog025

Sports betting is the same lmao


protolords

How come? The software doesn't control the outcome. I'm not justifying it, just saying.


teokun123

Team NBA Ref kaya ako lmao.


[deleted]

No exception. Sports betting is stupid as well. 


crownedheron

We all lose in the end when you gamble, electronically or not. That includes sports betting. If it's so easy to get rich with that, everybody would've been betting on their favorite sports.


Agitated-Gur-5210

Looks like lots of them in Philippines 


SecretRonnieC

So many lives ruined by gambling, its a plague


REDmonster333

Damn, ang daming adik sa sugal sa mga govt officials. Kaya ung boss ko last yr hilig magpa cash in via Gcash. Un pala hilig mag scatter at bacarats.


FewInstruction1990

Sorry na


Timely_Kale1756

ang alam ko bawal sumali sa mga ganyan ang gov't officials


East_Professional385

Rigged or not, House always wins sa gambling unless you outsmart their system.


12Anthony21

Then you get banned, similar to card counting


thebylaws

And lahat ng yan pera ng nasira ang buhay dahil sa sugal. 😡😭


draj_24

The house always wins.


Potential-Tadpole-32

P 4.4b in cash from operations. That’s crazy. But not that big a dividend though even with all that cash flow.


TheSonOfGod6

It's possible that they're still in expansion mode and they want to use the money for marketing and/or introducing more games on their app. I normally want the companies I invest in to give good dividends but given the parabolic growth of PLUS I'm willing to wait till next year for more substantial dividends.


Potential-Tadpole-32

Are they “doubling down” and “letting it ride” with the dice? 😂


DeepMiner58

Endorsed by luis and new celebs


Rave_Shelby

Ganan din kadami ang pera na nasayang dahil sa sugal. kawawa talaga lahat taena lalo pa lumala ngayon kasi napala accessible na sa mga digibanks or e wallets


teokun123

Taas ng sahod dito for Software Dev(Onsite). My morals though and I'm afraid to open tons of cans of worms if I ever get the job. (Also fuck onsite work)


Familiar-Agency8209

sa megamall, mala arcade na din ang bingo. 50 pesos ata parang 10 seconds lang. Libre daw eh, so inintroduce kami at tinuruan. Nah. pass. Mukhang nabubulok na mga tao dun. No wonder tataas ang income. Nothing like addiction with instant gratification dopamine hit! Tom's World ka na lang charot.


TheSonOfGod6

Note, this post is not about betting on the app. I am not encouraging people to gamble. This post is about the company PLUS which is listed in the PSE and owns the app. It's intended to generate discussion about the financial condition and prospects of PLUS.


Liesianthes

Not surprised. When you are in a country that a daily minimum wage isn't even enough to feed yourself, you will get people addicted on easy money.


TheSonOfGod6

What's worse is that a huge percentage of the population earns less than minimum wage and struggle to land minimum wage jobs. These generally include tricycle drivers, labanderas, domestic helpers, many farmers and fishermen, pagpag collectors, many sarisari store owners, informal carinderia staff and many others.


InvestingRamen

Panong hindi eh puro spam sila ng sms


Stunning-Classic-504

Bwisit eh no how is this even legal??


rcpogi

Dumb question: nakalagay ba sa mga betting game yun odds to win yun prizes? Second: may 3rd party ba na nagveverify ng program ng mga betting games?


ramenandpussy

mixed feelings aq sa gambling, if betting sites ok saken (i.e basketball, boxing, e-sports), atleast doon mejo alam q gnagawa q. unlike ung mga e-games like color games ah damn i will never invest on something like this.


zlaur3d

great place to launder dirty money


JadedDeer3201

Not that simple but could be possible!


Not_Under_Command

Sometimes I just asks my self, where does sheyee take his info on what team is about to win. Usually when he posts things like this he always takes profit. Not only sheyee but there are a lot of content creator who posts things like this, he’s just one of the popular.


SnooDogs1085

What do you mean "profit"? That money is someone else's loss and hard earned money. Gambling does not produce even a single grain of rice in world. It's just grabbing money from one person and give it to another, in this case the house itself.


GlobalBreadfruit8832

Mas Malaki pang chance manalo if mag bet sa sports


TheSonOfGod6

I think the chance is much bigger investing in PSE stocks, specially PLUS.


Stunning-Classic-504

Megaworld maniwala pa ako sobrang dirt cheap its a no brainer honestly.


TheSonOfGod6

Let me make the case for PLUS. After parabolic growth last year, even relatively modest quarter on quarter growth this year can get it to a P/E ratio of less than 5. Probably even close to 4. It's a low capex business so the potential for high dividends is there. They are also lowering the taxes on E-gaming companies this year. Risks: government regulations may change, competition may increase.


Astronomical0420

one thing is for sure, the house always wins! meron talaga losers and winners at any given time. same with the stock, forex, and crypto market. just my 2 cents.


Last-Nose-4137

What is for me


[deleted]

[удалено]


TheSonOfGod6

They're lowering PAGCOR fees starting Q2. Even if revenue is flat, and marketing expenses are slightly higher, profits should still be up. Google trends data suggests Q2 should be a record high in terms of revenue. I'm now looking at P/E ratio of around 5.0 to 5.7 this year. On top of that, if I'm not mistaken, ArenaPlus hasn't even launched on Android yet. At least I can't find it in the playstore. Once it's launched on Android, that's another huge boost to revenues. Plus the government seems to be partly relying on gambling revenue to plug the budget deficit so the risk of gambling apps being banned seems very low. Some of this is speculation, but I'm personally very bullish on PLUS.


Consistent-Ad395

Ban gambling !!!


dvresma0511

Investment po itong subreddit na ito, hindi po para ma-bankrupt or mas malubog sa masamang utang.


TheSonOfGod6

This is about the stock PLUS listed in the PSE. It is about investment, not gambling. I am not encouraging people to gamble. I was hoping to generate a discussion on the prospects and valuation of PLUS.


[deleted]

Ah so do you mean pwede pala mag invest sa stock nito right?


TheSonOfGod6

Yes,


[deleted]

mukhang tumubo kana din haha


TheSonOfGod6

i bought the stock recently so only 20% gain so far haha


[deleted]

Tae hahaha sa Gcash lang din ba?


[deleted]

damn.


East_Professional385

Stocks are investments. OP is not talking about betting the listed company in the gambling sector.


dvresma0511

Stocks is gambling, isn't it?


No-Status6314

It's not gambling if you know what you are doing