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Topic: Can gambling be profitable in long term ? (Read 112258 times)

hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
April 20, 2018, 06:46:28 AM
it will be very difficult to predict long-term gross income. because every gambling play sometimes we win and sometimes we lose, but often experienced by people who play gambling is often less than the win
hero member
Activity: 1302
Merit: 540
Long term gambling is equals to more looses but if your lucky enough maybe it can lead to more winnings. gambling is still a gambling even though you play for a long term or in a short term both of them has still the risk and benefits that you may get is only a small percent or chance because usually most of the gambling are mainly depends on luck and not on skill or any superstitious beleifs. Same as in long term trading and investing.

No mate, Trading and investing is not same with gambling in terms of results, you can manage to keep doing well with investment and trading if
you will find way to enhance your knowledge, better  to separate this thinking, gambling in long term period will just lead you to be more greedy,
as we seen that only luck will let us win and nothing else, you can find enjoyment in a short period of time but a lots of stress if you will stay for
a much longer period.
newbie
Activity: 24
Merit: 0
It's difficult task to gamble and personally I thing that these huge rate turbulences is the main problem why crypto stay underground. Crypto market need coins with rock stable rate separated from Bitcoin. I already know one called Nebula Network and there will be pre-sale soon so we will see if it's work.
jr. member
Activity: 406
Merit: 2
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?


From my view if a person is able to increase the winning percentage of a game above 50% and follow this strategy strictly which gives them an edge comparing to the gambling den, it is very possible to make a living out of it but i does not think it is easy if so who will still want to work? All people will just gamble to earn money.
full member
Activity: 714
Merit: 114
Long term gambling is equals to more looses but if your lucky enough maybe it can lead to more winnings. gambling is still a gambling even though you play for a long term or in a short term both of them has still the risk and benefits that you may get is only a small percent or chance because usually most of the gambling are mainly depends on luck and not on skill or any superstitious beleifs. Same as in long term trading and investing.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
For most people, gambling will result in a loss conditions. Only lucky people who able to get win in the long term.
Most probably, gambling gives losses at the end because all the people are not lucky in same field. Everyone has got the luck which works for them in their different matters. The success stories in ratio to failures are very little that we simple neglect these stories by saying that gambling is destructive at the end. Yeah! Lucky people win more than simple people.
hero member
Activity: 3010
Merit: 666
For most people, gambling will result in a loss conditions. Only lucky people who able to get win in the long term.
And if even they get lucky and got the chance to win I don't think the winnings can cover up all the loses he/she had before getting that not unless its a jackpot price. No one gets rich by gambling all day long.
In the long run it's the gambling sites which will become richer, that is because even how small the house edge, it will kill us if we will continue
to gamble. Knowing our chances is very important, that way we will be able to minimize our loses and will enjoy gambling.
sr. member
Activity: 490
Merit: 250
For most people, gambling will result in a loss conditions. Only lucky people who able to get win in the long term.
And if even they get lucky and got the chance to win I don't think the winnings can cover up all the loses he/she had before getting that not unless its a jackpot price. No one gets rich by gambling all day long.
legendary
Activity: 1540
Merit: 1013
For most people, gambling will result in a loss conditions. Only lucky people who able to get win in the long term.

Im sure that no one wins in long term, everyone that you see as winner is actually those who play in a short time and win some money. It is not possible to win money in long term but aside from that it is not even something good to try to win money in gambling. Those who have tried will fail all the way and thats the golden rule
sr. member
Activity: 476
Merit: 250
For most people, gambling will result in a loss conditions. Only lucky people who able to get win in the long term.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
I don't think so in gambling games for me it is everything about luck, maybe some short time of time you will have luck, win something and make some money, but in long period of time  i don't think so, you can start losing and you can't live from gambling  Tongue

I can say this is true. The gambling depends heavily on luck and luck does not give you the assurance that you will always get it. You'll get lucky once in a while, but you will not always be lucky. So if in the short term, gambling can be profitable, but in the long run it can not be unless your luck likes you.

Precisely, there is no way that gambling could be profitable in the long run, most of the gamblers are losing and it they are going to continue it then the amount of money that they are going to lose in the long run is so big more that they could ever imagine. Thinking what's the future awaits for you in gambling could help you to realize something good.
Yes that's why I say gambling can be profitable but only in the short term, and not profitable in the long run. There are losers and there is a winning moment of gambling, but we have to accept the fact that we lose more often than win. That is what underlies my statement.
legendary
Activity: 1120
Merit: 1000
Gambling can be profitable if you are disciplined. Setting goals and allocating a budget to bet is highly recommendable.  There are professional gamblers who lived a good life by just playing every night, knowing the odds and where to bet can be a good help. Experience in gambling will help you with that. If you are willing to take the risk,  yes you can gamble and it can be profitable for you. 
I  do not think that gambling can be profitable even if you have good planning or have some good strategy about gambling, no doubt that it can be helpful for you in some gambling games, but still in gambling we depend on our luck, and if a person is not luck his strategy and planning cannot help them in gambling, I think in gambling games we need to have a good luck.
hero member
Activity: 952
Merit: 500
its possible but you must able to control your anger and greed

No it is not, controlling your anger and greed in gambling is not enough for you to get profits in gambling, gambling would just be profitable in the long run if you are always winning, but if you are not then stop hoping. Quit gambling if you are thinking that making profits in gambling is so easy, because it is not.

no one can get a profit in the long run in gambling. gambling is depends on your luck and we know that we can't get lucky everyday or everytime
it better to smart play and don't be greedy.
I don't believe on that, there is a chance to be profitable but only for those people who are smart and has some serious passion in gambling.
Not all games are luck based, there are skilled based games and it has been proven that some made a fortune in gambling.

Even i don't believe about gambling in long run, people should gambling is an investment based but everything will be decided within minutes. Of Course, there is no guarantee even though we good skills by guessing the right number, gambling mostly need enough luck in order to win.
Luck cannot be considered as part of your strategy, if we are speaking of long term goals in gambling, we need to talk about consistency.
That is why majority of the gamblers are losing money because they think they can easily win and they can rely on luck.
member
Activity: 420
Merit: 10
its possible but you must able to control your anger and greed

No it is not, controlling your anger and greed in gambling is not enough for you to get profits in gambling, gambling would just be profitable in the long run if you are always winning, but if you are not then stop hoping. Quit gambling if you are thinking that making profits in gambling is so easy, because it is not.

no one can get a profit in the long run in gambling. gambling is depends on your luck and we know that we can't get lucky everyday or everytime
it better to smart play and don't be greedy.
I don't believe on that, there is a chance to be profitable but only for those people who are smart and has some serious passion in gambling.
Not all games are luck based, there are skilled based games and it has been proven that some made a fortune in gambling.

Even i don't believe about gambling in long run, people should gambling is an investment based but everything will be decided within minutes. Of Course, there is no guarantee even though we good skills by guessing the right number, gambling mostly need enough luck in order to win.
sr. member
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
I don't think so in gambling games for me it is everything about luck, maybe some short time of time you will have luck, win something and make some money, but in long period of time  i don't think so, you can start losing and you can't live from gambling  Tongue

I can say this is true. The gambling depends heavily on luck and luck does not give you the assurance that you will always get it. You'll get lucky once in a while, but you will not always be lucky. So if in the short term, gambling can be profitable, but in the long run it can not be unless your luck likes you.

Precisely, there is no way that gambling could be profitable in the long run, most of the gamblers are losing and it they are going to continue it then the amount of money that they are going to lose in the long run is so big more that they could ever imagine. Thinking what's the future awaits for you in gambling could help you to realize something good.

Yeah, I agree that gambling can not be profitable.
Even that possible outcomes is just between win or lose, we can never tell if we will win or lose. Wasting money in gambling is no assurance that your capital will be doubled.

As far as I remembered, I played throwing php 1 in a table that have lot a of squares on it. At first, its kinda enjoying I won 5 consecutively. But I didn't stop playing so at the end of the day I lose all the price I won even my budget in playing.

So i think in the long term, if you dont have discipline it will not become profitable. And we cant always rely on luck, because it is not guaranteed that will last.
sr. member
Activity: 1638
Merit: 300
I don't think so in gambling games for me it is everything about luck, maybe some short time of time you will have luck, win something and make some money, but in long period of time  i don't think so, you can start losing and you can't live from gambling  Tongue

it's depend in gambling games, because some gambling games is not pure of luck like sport betting and poker games. you need to a skill and knowledge to play it.

Well it's not purely skill and knowledge since sometimes there are events that people don't usually expects especially on Sports betting. For example is the bouts of an underdog, usually the most popular one is the one whose getting a lot of bets to his win.

Poker Games and Sport Betting is dependent on your Skills and knowledge but it is also depends on your luck that time, if luck is coincidentally into your favor. I don't think that it will be called gambling without using some luck.
member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Gambling can be profitable if you are disciplined. Setting goals and allocating a budget to bet is highly recommendable.  There are professional gamblers who lived a good life by just playing every night, knowing the odds and where to bet can be a good help. Experience in gambling will help you with that. If you are willing to take the risk,  yes you can gamble and it can be profitable for you. 
legendary
Activity: 1006
Merit: 1000
I don't think so in gambling games for me it is everything about luck, maybe some short time of time you will have luck, win something and make some money, but in long period of time  i don't think so, you can start losing and you can't live from gambling  Tongue

it's depend in gambling games, because some gambling games is not pure of luck like sport betting and poker games. you need to a skill and knowledge to play it.
hero member
Activity: 2520
Merit: 783
I don't think so in gambling games for me it is everything about luck, maybe some short time of time you will have luck, win something and make some money, but in long period of time  i don't think so, you can start losing and you can't live from gambling  Tongue

I can say this is true. The gambling depends heavily on luck and luck does not give you the assurance that you will always get it. You'll get lucky once in a while, but you will not always be lucky. So if in the short term, gambling can be profitable, but in the long run it can not be unless your luck likes you.

Precisely, there is no way that gambling could be profitable in the long run, most of the gamblers are losing and it they are going to continue it then the amount of money that they are going to lose in the long run is so big more that they could ever imagine. Thinking what's the future awaits for you in gambling could help you to realize something good.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
I don't think so in gambling games for me it is everything about luck, maybe some short time of time you will have luck, win something and make some money, but in long period of time  i don't think so, you can start losing and you can't live from gambling  Tongue

I can say this is true. The gambling depends heavily on luck and luck does not give you the assurance that you will always get it. You'll get lucky once in a while, but you will not always be lucky. So if in the short term, gambling can be profitable, but in the long run it can not be unless your luck likes you.
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