Are you Rich from Gambling? - page 119.

dinda22

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Quote from: Shinpako09 on July 11, 2016, 01:45:39 AM

Quote from: bajing on July 10, 2016, 11:36:51 PM

Quote from: Shinpako09 on July 10, 2016, 10:14:25 PM

Quote from: geopolisch on July 10, 2016, 07:47:04 AM

Gambling is the game of rich peoples. Rich People play gambling because they have lots of money and afford to loose.. and when they play with lots of money then it is pretty obvious that they win bigger too.

I didn't see any poor people playing gamble with 1, 2, 3 dollars and become one. low bet is the result of usual lose.

That thing always happen. Rich are getting richer and poor people stays where they are. I guess one of their key is because they dont think on lossing their money because they have a lot while poor people or even in middle class is overthinking and its really hard not to think of it.

How can rich are getting richer if they are playing gambling all the time, trust me if they become addicted with gambling one days gambling would make they being a poor.

Oh man dont you see those who won big are those people who has a lot of btc before. I didnt say one person plays all the time. I only say that case is always happen(not just even in gambling)They can afford big bets. Actually those player are playing rarely imo.

playing all the time it does not guarantee that you will get rich from gambling. because you will not get the luck continuously. Gambling for me as rich in the short term, which when I was able to win in a large amount and direct convert to fiat. because if I do not do that and continue to play, I'll return loss. it is the thing that makes you difficult to rich, even to win the advantage of gambling. when winning does not convert into a fiat but kept playing.

arseaboy

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that's right might better to be quite to avoid any interest being hacked or being point out
I also think that there's already someone became rich by doing just gambling in sports
and casino btc online.

adaseb

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Quote from: Shinpako09 on July 11, 2016, 01:45:39 AM

Quote from: bajing on July 10, 2016, 11:36:51 PM

Quote from: Shinpako09 on July 10, 2016, 10:14:25 PM

Quote from: geopolisch on July 10, 2016, 07:47:04 AM

Gambling is the game of rich peoples. Rich People play gambling because they have lots of money and afford to loose.. and when they play with lots of money then it is pretty obvious that they win bigger too.

I didn't see any poor people playing gamble with 1, 2, 3 dollars and become one. low bet is the result of usual lose.

That thing always happen. Rich are getting richer and poor people stays where they are. I guess one of their key is because they dont think on lossing their money because they have a lot while poor people or even in middle class is overthinking and its really hard not to think of it.

How can rich are getting richer if they are playing gambling all the time, trust me if they become addicted with gambling one days gambling would make they being a poor.

Oh man dont you see those who won big are those people who has a lot of btc before. I didnt say one person plays all the time. I only say that case is always happen(not just even in gambling)They can afford big bets. Actually those player are playing rarely imo.

I am sure there are more then a few. However most large players and winners don't post on Bitcointalk. They probably keep it quiet. Plus if someone found out that someone is a millionaire, it gives them an incentive to get hacked.

Shinpako09

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Quote from: bajing on July 10, 2016, 11:36:51 PM

Quote from: Shinpako09 on July 10, 2016, 10:14:25 PM

Quote from: geopolisch on July 10, 2016, 07:47:04 AM

Gambling is the game of rich peoples. Rich People play gambling because they have lots of money and afford to loose.. and when they play with lots of money then it is pretty obvious that they win bigger too.

I didn't see any poor people playing gamble with 1, 2, 3 dollars and become one. low bet is the result of usual lose.

That thing always happen. Rich are getting richer and poor people stays where they are. I guess one of their key is because they dont think on lossing their money because they have a lot while poor people or even in middle class is overthinking and its really hard not to think of it.

How can rich are getting richer if they are playing gambling all the time, trust me if they become addicted with gambling one days gambling would make they being a poor.

Oh man dont you see those who won big are those people who has a lot of btc before. I didnt say one person plays all the time. I only say that case is always happen(not just even in gambling)They can afford big bets. Actually those player are playing rarely imo.

Sharma

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Definitely not, and I doubt that you will find many people that are rich from gambling.
Seriously, gambling's house edge is what prevents you from winning.
That's why you have to try +EV games instead of -EV games. Like the PD giveaways.

ralle14

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Quote from: bajing on July 10, 2016, 11:36:51 PM

Quote from: Shinpako09 on July 10, 2016, 10:14:25 PM

Quote from: geopolisch on July 10, 2016, 07:47:04 AM

Gambling is the game of rich peoples. Rich People play gambling because they have lots of money and afford to loose.. and when they play with lots of money then it is pretty obvious that they win bigger too.

I didn't see any poor people playing gamble with 1, 2, 3 dollars and become one. low bet is the result of usual lose.

That thing always happen. Rich are getting richer and poor people stays where they are. I guess one of their key is because they dont think on lossing their money because they have a lot while poor people or even in middle class is overthinking and its really hard not to think of it.

How can rich are getting richer if they are playing gambling all the time, trust me if they become addicted with gambling one days gambling would make they being a poor.

I see rich people betting sports with such big amounts like risking 20-30 btc per bet which is crazy then he always win his bets sometimes he lose too but mostly winning every bet this guy rarely shows up on chat though.

Dr.Osh

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Quote from: amine14madrid on July 10, 2016, 09:48:12 PM

I dont think so that many people are getting rich with gambling and that is because it is really hard to win some money with gambling you need some luck and that is rare.
So you have to see gambling as just a game and not as an earning..

yes, you're right, it is very difficult to become rich from gambling, because it all depends on luck, I think more and more people are becoming poor than the rich from gambling, and probably many are hoping that gambling is a good place to make money, but they were wrong. I think I agree with you, that gambling is just the place to have fun, and not a place to make an income

bajing

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Quote from: Shinpako09 on July 10, 2016, 10:14:25 PM

Quote from: geopolisch on July 10, 2016, 07:47:04 AM

Gambling is the game of rich peoples. Rich People play gambling because they have lots of money and afford to loose.. and when they play with lots of money then it is pretty obvious that they win bigger too.

I didn't see any poor people playing gamble with 1, 2, 3 dollars and become one. low bet is the result of usual lose.

That thing always happen. Rich are getting richer and poor people stays where they are. I guess one of their key is because they dont think on lossing their money because they have a lot while poor people or even in middle class is overthinking and its really hard not to think of it.

How can rich are getting richer if they are playing gambling all the time, trust me if they become addicted with gambling one days gambling would make they being a poor.

BicolIsarog

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Quote from: Oralmat on May 10, 2016, 06:21:49 AM

Actually i never saw a man, who has rich from Gambling?
I m not playing gambling because i saw a lot of people who has lost everything in gambling.
So i want to ask if anyone is here how has rich from GAMBLING ??

You don't know who's Floyd Mayweather? HAHA. He is fucking high class gambler, As you can see of he's Instagram account too many bet slip like 20,000$ on a single bet. Just wow.

Shinpako09

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Quote from: geopolisch on July 10, 2016, 07:47:04 AM

Gambling is the game of rich peoples. Rich People play gambling because they have lots of money and afford to loose.. and when they play with lots of money then it is pretty obvious that they win bigger too.

I didn't see any poor people playing gamble with 1, 2, 3 dollars and become one. low bet is the result of usual lose.

That thing always happen. Rich are getting richer and poor people stays where they are. I guess one of their key is because they dont think on lossing their money because they have a lot while poor people or even in middle class is overthinking and its really hard not to think of it.

amine14madrid

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I dont think so that many people are getting rich with gambling and that is because it is really hard to win some money with gambling you need some luck and that is rare.
So you have to see gambling as just a game and not as an earning..

Daffadile

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Quote from: Ryananda on July 09, 2016, 03:28:07 AM

Quote from: Leonard2016 on July 09, 2016, 01:35:18 AM

i wish i was rich from gambling, although it is not because of lack of trying. i have been trying to make profit from gambling but i come to the conclusion that it is not actually possible to make consistant profit from gambling and it is not good for long term.

Really benefit by gambling is very difficult to obtain a continuous basis. The advantage would be very rare to come by, but if you win the result very much. To become wealthy gambling can not be used because it is very risky.

Yes it is not really about trying like most things in life. You can try and try and just go broke. You could even try your whole life and never win more then you lose.

goldcoinminer

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Quote from: maku on July 10, 2016, 07:56:20 AM

Quote from: kirtabit on May 10, 2016, 08:56:39 AM

Quote from: HeroCat on May 10, 2016, 08:54:35 AM

Rich from gambling can be only gambling site owners. They can be really rich - a lot of Bitcoins. Grin

You might be right. But OP asking us, by playing gambling, not providing the service of gambling house. If the gambling house owners also a gambler, then he might be a richest person in my guessing.

So following your logic - if Bill Gates or Warren Buffet (two richest Americans ATM) declared they like to gamble from time to time, then than would mean they are the 'richest gamblers'?
Sorry, but that is not correct way to thinking. Rich gambler = the one who made his fortune exclusively from his own gambling activities, not house owner, not investor etc.

You are right and Billy Walters does that so I believe that we can be rich in gambling but the big question is how do we do it when we have a limited amount of bankroll and knowledge.

maku

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Quote from: kirtabit on May 10, 2016, 08:56:39 AM

Quote from: HeroCat on May 10, 2016, 08:54:35 AM

Rich from gambling can be only gambling site owners. They can be really rich - a lot of Bitcoins. Grin

You might be right. But OP asking us, by playing gambling, not providing the service of gambling house. If the gambling house owners also a gambler, then he might be a richest person in my guessing.

So following your logic - if Bill Gates or Warren Buffet (two richest Americans ATM) declared they like to gamble from time to time, then than would mean they are the 'richest gamblers'?
Sorry, but that is not correct way to thinking. Rich gambler = the one who made his fortune exclusively from his own gambling activities, not house owner, not investor etc.

geopolisch

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Gambling is the game of rich peoples. Rich People play gambling because they have lots of money and afford to loose.. and when they play with lots of money then it is pretty obvious that they win bigger too.

I didn't see any poor people playing gamble with 1, 2, 3 dollars and become one. low bet is the result of usual lose.

StoreBit

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Quote from: Mr. Net on July 09, 2016, 04:02:47 AM

Gambling is never going to make anyone rich... at least not long term. Success is impossible to continuously be reproduces. Why? Because of the simple fact that the house always has the edge. (Be it 1% or 0.1%) It is always going to kill you n the long run. SO, the only way to get rich Gambling is if YOU are the one with the odds on your side.

yes it is a fact gambling cannot make a person rich. but it can only keep a person busy in becoming rich. if we are thinking that we can become rich from gambling then it is such a foolish thoughts because no one can become rich from gambling. but it can make you busy and give you fun and excitement if you are doing it in a limit.

PeRo

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It's pretty rare to see anyone getting rich frok gambling. In 99% of cases you lose money while gambling, or get to riches and spend what you earned trough gambling on more gambling. You shouldn't start gambling in the first place, or if you already did, stop when you win on a big stake gamble.

20kevin20

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Quote from: Mr. Net on July 09, 2016, 04:02:47 AM

Gambling is never going to make anyone rich... at least not long term. Success is impossible to continuously be reproduces. Why? Because of the simple fact that the house always has the edge. (Be it 1% or 0.1%) It is always going to kill you n the long run. SO, the only way to get rich Gambling is if YOU are the one with the odds on your side.

That's right. You can get rich from it, but most of the time people will become greedy and won't stop when they should. I'm not rich, my winnings are VERY low compared to pretty much all the others, but I've got 450EUR from 0, playing with Bitcoin dice websites with faucets. I can't call it a big win, I am not rich from this profit, but still, it's a progress for me. There are persons who are still risking all their money in gambling, which could multiply their money as fast as they could loose it. Play safe, don't risk a lot.

kaitou.kidd

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mostly poker players.It is a game where you choose to bet or not,depending on how strong your hand is.All the other games have odds that favour the casino.Therefore you will always loose in the long run.
If you are disciplined and willing to learn than you can definitely make money from playing poker.Alongside discipline you have to be good at managing your bankroll.For instance if you have $500,You should be playing with $20-$50 at every table you play.Once you build your bankroll and poker skills you can move to higher stakes.

Mr. Net

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Gambling is never going to make anyone rich... at least not long term. Success is impossible to continuously be reproduces. Why? Because of the simple fact that the house always has the edge. (Be it 1% or 0.1%) It is always going to kill you n the long run. SO, the only way to get rich Gambling is if YOU are the one with the odds on your side.

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