If you’re a regular reader of this blog, you’ll know that we’ve been covering the Meab (Money After Bonuses) controversy for some time now, and today is no exception. We’re going to review one of the most hotly debated issues in sportsbooks today: what does a point total mean for betting on sports events? Before we get started, let’s rewind the clock and discuss the basics of Meab using cryptocurrencies.
How Do I Calculate Points?
To begin with, Meab is actually short for “Money After Bonuses,” which makes sense since it’s basically what your bonus funds are for once your sportsbook account earns a certain amount of money. When it comes to Meab, the formula is pretty straightforward: your winnings plus your bonuses minus your losses. So how do I calculate these figures? Let’s take a quick look at an example.
I’m going to use the popular game Roulette as our example today. In Roulette, players wager on numbers and the house edges into the game. Since the house is providing the game and the chance to win, it’s fair to assume that they have an edge. In most instances, that edge is slight (less than 10%), but in some it can be as much as 33.3%. That’s a lot of difference in just a few numbers!
Let’s say you’re playing at a land-based casino and you risk $1 on the roulette number 18. For every $1 you risk, you’ll win $18 (plus $1 from the house, for a total of $19). If the ball rolls on an even number, you’ll get your $1 back as a bonus, plus you’ll get to keep the $17 that you risked. If it landed on an odd number, you’ll lose your $1 and the house will get the $16 from your wager. So in this case, you’ll end up with a net loss of $1.
Now let’s say you’re playing at an online casino and you risk $1 on the same roulette number. Since you’re playing online, the house doesn’t give you any bonuses, but they do allow you to keep all of your winnings in the form of free coins. If the ball rolls on an even number, you’ll get your $1 back as a bonus plus you’ll get to keep all of the coins that you risked. If it rolled on an odd number, you’d lose your $1 and the coins would be given to the house.
In this case, you end up with a net loss of $1 as well. That’s because the house is taking in more money than they’re giving out in winnings and bonuses, due to the higher game speeds and lower limits that online casinos provide.
Why Is It Important To Calculate My Points?
You might be wondering why this is important to consider, and here’s why: most online casinos will only give you a certain number of points per day, per player. For example, let’s say you get 20 points per day, per player. That means you’ll have 200 points total that you can use per day. After you use those 200 points, you’ll no longer be able to use them. So it’s important to consider what each point total means, especially if you want to maximize your ROI (Return on Investment). For instance, if you’re losing money, it might be a good idea to lower your bet sizes or to steer clear of sportsbooks altogether, depending on your budget.
Using Meab At A Land-based Casino
As we mentioned above, it’s important to consider how many points you have when betting and whether or not you want to use those points to gamble. If you do decide to use your points to gamble, you’ll first need to decide how much you’re willing to wager on each spin. After that, all you need to do is set the amount of points you have and click the ‘Gamble’ button.
However, if you decide that you don’t want to use your points to gamble, you can set the amount of points you have to wager and then click the ‘Withdraw’ button to get your funds.
This process is straightforward, but let’s be honest: the last thing you want to do is run around looking for a cashier or checking account manager, just to make a simple withdrawal. So if you can avoid doing that, setting up an automatic bank withdrawal is usually the best option. This way, you can avoid all the hassles of going to a cashier and waiting in line. In most cases, you can also avoid paying any fees, apart from the standard bank withdrawal fee.
Points And The Bitcoin Fallacy
One of the more common questions we get asked about Meab is “Do I really need Bitcoin to take advantage of this betting scheme?” The answer is No. You do not need Bitcoin to take advantage of Meab. All you need is a normal (or a crypto-friendly) bank account and a reliable source of credit.
What you need to understand is that Bitcoin is a cryptocurrency that was designed to be completely digital and frictionless. Due to the nature of its design, all Bitcoin transactions are settled using blockchain technology. Essentially, a blockchain is a secure, public ledger that records Bitcoin transactions. It’s completely decentralized, meaning that it doesn’t require any third parties (such as banks) to administer it. This makes blockchains ideal for recording transactions, as they’re irrevocable and impermanent. These are critical properties when considering how to manage your money.
Since Bitcoin was designed to be used as a store of value (keep in mind: no one sets out to lose money when playing Bitcoin games), most people have chosen to use conventional currencies like the U.S. dollar, the Euro, and others, for their transactions. This makes it easier to transfer funds using familiar payment methods.
Points And The Federal Reserve
One of the more common questions we get asked about Meab is “What will happen if the Federal Reserve decides to clamp down on Bitcoin and other cryptocurrencies?” The answer is… nothing. The Federal Reserve has no control over Bitcoin or any other cryptocurrency. It can’t censor or control the flow of money in any way. It can try to influence the price of Bitcoin and other cryptocurrencies, but it can’t dictate what will happen in the market.
In fact, the opposite is true. As more and more people are realizing the many benefits that come with using cryptocurrencies, the Federal Reserve has started to actively encourage their use. Just this year, the Federal Reserve announced that it would no longer fight cryptocurrencies, but rather work with them, in a biggest crypto crackdown ever! Since there’s actually more than one kind of cryptocurrency, this meant that they had to update their website to reflect this change in policy. As of today, the Federal Reserve welcomes all cryptocurrencies, including Bitcoin and other similar platforms. They even went so far as to say that they encourage the use of digital assets and that they applaud those who seek to provide financial services using innovative technologies.
Again, the bottom line is that Bitcoin has no inherent connection to Roulette, or any other game for that matter. In fact, you could use any normal cryptocurrency for your bets, as long as your bank and wallet software are updated to accommodate for the changes. In addition, keep in mind that every single cryptocurrency is a separate and unique asset class, with its own set of rules and features. So if you’re not familiar with any of them, it might be a good idea to do a little research before you start trading.