Can gambling be profitable in long term ? - page 100.

prtty2gal2

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Quote from: wibuindon on October 31, 2016, 10:14:56 AM

I don't think any kind of gambling to be profitable in the long term, people can not win every time and sometime they will loose their money, so its better to play for fun and stay away from gambling addiction.

It is really better, but majority of those persons who play gambling only for money, including me because many time i play gambling for earn money, but still i know many chances to lose.
I also think that every game of gambling is not profitable in a long term, and i think it would be know everyone who play gambling.

that's how an addicted gambler play , they know they will lost but keep going.
and this is remind me on how important to set your losing limit amount .
so even there is low chance for you to get profit in the long term at least you did not losing too much.

So maybe I can call myself addicted in the past because that's how I play, I usually chase my bets because I am deeply saddened seeing my money slowly diminishing. But to tell you guys, it's not really good based on experience as it almost ruin my life, let's try to sleep even with big loses.

It is easy to say than to follow, I have lost quite a lot of times and even though I know its fine, it is gambling I could not sleep.
I have been doing gambling for many months now and I am in loss (huge one) so you can know if someone can profit from gambling or not. It is impossible !

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Quote from: ArdiPrabowo on November 04, 2016, 11:47:17 PM

Quote from: adi33 on November 04, 2016, 08:13:13 PM

I thought to gamble even though we we have thought and discipline will be lost. admin did not remain silent!. sooner or later it will be known trick used

gambling this lucky is playing game with machine not trick
example dice roulete plinko and more
but is play sport betting you can good analyst is can win still not trick but analys match

It's a different type of gambling as it has no house edge. Maybe you are right, sports betting is our only chance to be profitable in the long run as it's a profitable gambling, no house edge means more chance to win.

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Quote from: adi33 on November 04, 2016, 08:13:13 PM

I thought to gamble even though we we have thought and discipline will be lost. admin did not remain silent!. sooner or later it will be known trick used

gambling this lucky is playing game with machine not trick
example dice roulete plinko and more
but is play sport betting you can good analyst is can win still not trick but analys match

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Quote from: adi33 on November 04, 2016, 08:13:13 PM

I thought to gamble even though we we have thought and discipline will be lost. admin did not remain silent!. sooner or later it will be known trick used

There's no method that will last forever, simply the gambling sites will adjust because they are in the business to make money not to give money. For sure they do not establish a charitable institution so they are seeking for more profit as they know more gamblers would love to spend their money.

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I thought to gamble even though we we have thought and discipline will be lost. admin did not remain silent!. sooner or later it will be known trick used

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Quote from: Colt22 on November 04, 2016, 12:40:34 PM

It depends on the performance of the player if he has spend a longer time in learning about games and if he have a lot of luck in winning then it is not a matter that he spend more time or less time he will win but an unlucky and non experienced person will not be beneficial to stay for longer in gambling.

that's true and depend on the game that was he/she playing.Because many gambling site is probably fair and depend on the outcome of the game if you win or you lose.

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Technically it is very possible to earn that much a day. Probability-wise, the chance of that happening is slim to none.

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Quote from: Labumi on November 04, 2016, 06:06:37 PM

Quote from: South Park on November 04, 2016, 06:03:49 PM

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Quote from: freebutcaged on November 02, 2016, 08:42:56 AM

I doubt if anyone could ever consider gambling as a source of profit.
Gambling is a hobby and should never be a way of income.

I know somebody that considered gambling as his main source of income. He doesn't go to work, he just go to the casino and go home with some money from the 'commission' that he's getting from other people. He didn't let his wife go to work either. They were dependent on gambling. There are days when he goes home with nothing at all since it's gambling. But most days he just have a small profit, enough to feed his kids. Today, he's still where he was years ago. No improvements in life at all.

Sad story, but even then he is in fact in better shape than most gamblers that are in the red, including me, since it seems he is obtaining some profit out of it.

gambling is not the place to look for profits. you say it's all because you might think that gambling is the most convenient and appropriate for profit. so, if it's something good then all religions allow gambling, but in fact there are religions in the world it prohibits gambling. because it contains something which is detrimental to most people and also does not provide the benefits that good in a long time

Maybe for the typical gamblers but for the professionals they have all the freedom to make money in gambling, if we based on the statistics, majority of the gamblers are losers therefore our chance of winning in gambling is very small, but this small chances is big for the small number of people which I have mentioned the professionals.

Know your capacity, if you can make money then go and if not just enjoy it.

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Quote from: South Park on November 04, 2016, 06:03:49 PM

Quote from: Rostadom on November 03, 2016, 09:00:45 AM

Quote from: freebutcaged on November 02, 2016, 08:42:56 AM

I doubt if anyone could ever consider gambling as a source of profit.
Gambling is a hobby and should never be a way of income.

I know somebody that considered gambling as his main source of income. He doesn't go to work, he just go to the casino and go home with some money from the 'commission' that he's getting from other people. He didn't let his wife go to work either. They were dependent on gambling. There are days when he goes home with nothing at all since it's gambling. But most days he just have a small profit, enough to feed his kids. Today, he's still where he was years ago. No improvements in life at all.

Sad story, but even then he is in fact in better shape than most gamblers that are in the red, including me, since it seems he is obtaining some profit out of it.

gambling is not the place to look for profits. you say it's all because you might think that gambling is the most convenient and appropriate for profit. so, if it's something good then all religions allow gambling, but in fact there are religions in the world it prohibits gambling. because it contains something which is detrimental to most people and also does not provide the benefits that good in a long time

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Quote from: Rostadom on November 03, 2016, 09:00:45 AM

Quote from: freebutcaged on November 02, 2016, 08:42:56 AM

I doubt if anyone could ever consider gambling as a source of profit.
Gambling is a hobby and should never be a way of income.

I know somebody that considered gambling as his main source of income. He doesn't go to work, he just go to the casino and go home with some money from the 'commission' that he's getting from other people. He didn't let his wife go to work either. They were dependent on gambling. There are days when he goes home with nothing at all since it's gambling. But most days he just have a small profit, enough to feed his kids. Today, he's still where he was years ago. No improvements in life at all.

Sad story, but even then he is in fact in better shape than most gamblers that are in the red, including me, since it seems he is obtaining some profit out of it.

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Im a bit realistic and i dont believe gambling will lead to profit in the long term neither the short, those games werent made to make you profit, the full system is you gamble and the house takes their fee. My deposit and yours will go to some lucky person, and the house dont loose nothing with it, house has those costumers i dont believe.

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It depends on the performance of the player if he has spend a longer time in learning about games and if he have a lot of luck in winning then it is not a matter that he spend more time or less time he will win but an unlucky and non experienced person will not be beneficial to stay for longer in gambling.

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Maybe gamble can profitable if you always win or you have lucky charm that makes you win.
.Some people say that if the money comes from gambling is not good.

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Quote from: South Park on November 03, 2016, 02:37:39 PM

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Quote from: OpenTalkLab on November 03, 2016, 09:04:18 AM

You can win from gambling from long run.Because of the house Edge you will lose if you gamble in the long run.If you gamble through poker or player vs player game you have high chance to win.But if you gamble vs house you will surely lose if you gamble long run.Read more about house edge.

That is most gambling method works and has a very high house edge, that is why many gamblers prefer betting in sports betting, poker, or a PVP gambling that they can analyze and put some effort of strategy and skill in winning, well you should think first because proceeding more further in that kind of method.

Just a small observation in sports betting you are still betting against the house unless you are betting in a betting exchange like betfair in which you are betting against other players.

Of course you would settle against other players and do sports betting has an house edge? I think it is only apply to gambling with randomness in betting, well if it is apply then I think it would be OK if you would play with other players or if there is maybe it would not cost a lot right? and I think the winning in sports betting has a tendency of you had a percentage in yourself that you may win and it is most certainly enjoyable.

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Quote from: HateNATO on November 03, 2016, 04:34:27 PM

Yea they can but they must play poker or dice to have sure profit like 50-100$ daily because they have freeroll tournaments and faucet for free gambling.

50-100$ daily is a huge amount of money. You can't possibly do that by just using freerolls and the small amount of money from the faucet of a gambling site. Well, maybe you can if you're extremely lucky and hit the jackpot but there's no way that you can do it daily. Gambling sites' free rolls and faucets are intended for users to try the game at least once. When you lose that round, you'll have to wait a couple of hours before you can claim another one.

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Quote from: rozee on November 02, 2016, 07:44:56 AM

to get $50-$100 from casino is not impossible mate
its easy to reach if we do high bet and have big lucky
but if you feel your profit is enough, just quit it
play on long run sometimes will make us busted

Well, let's think this daily profit in BTCs...

0.14 BTC = $100

If you have 1 BTC and is betting 0.1 BTC with 90% chance, you need to win 14 times to make your daily profit. High risk to get a consecutive loss, but possible with some luck as you said.

If I would rich, I would try this...

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Yea they can but they must play poker or dice to have sure profit like 50-100$ daily because they have freeroll tournaments and faucet for free gambling.

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Quote from: NorrisK on November 03, 2016, 03:08:07 PM

You can easily make 50-100 usd for a few days with gambling, but in the longer run you, if you follow the same bet sizes, you will end up losing a little bit more than you gain (house edge).

You are better of using this time and energy to find a job if you want to be able to earn money.

Gambling should only be for fun, not for trying to make profits.

With a bankroll management if you gamble on poker or sports it's possible to make this happen
As long as you stick to the rules and not to gamble on a games that have a house edge
I think there a lot of people doing this and get profit in long term
I personally do bankroll management and i know my limit to lose , everything planned so there is no problem to make gambling profitable in the long run.

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Gambling really can be prpfitable in long term especially if you mastered poker games or any card game plus you also managed on how to always control your self but still this is very risky dude so i suggest to just stay away from it

Sometimes gambling can be profitable, but sometimes not becuase there are chance that we gonna lose straight where we cant get back the lose we lost after playing gambling it can be specially day if you have luck and then and take the profit

Just now I went on one expert gambler profile. He is making around 10k euro in a week. Guess how much he an expert in gambling. He will play only skill games like poker, card game, football betting like this. He will not trust luck. He believes in mathematics. He studied only maths, and his calculation is that much perfect. So he is making that much huge profit in gambling.

Yes i know about that already they are really professional when it comes in gambling and i really wanted to become them sooner or later maybe i need some good capital to start playing gambling like my idol in bustabit his really good when it comes on betting his gonna lose 1 bitcoin straight and then he gonna win upto 10bitcoin when he wins the round

The problem with gambling is that whatever capital you have you will always feel it smaller.
Because you will give loss and think ah if I had large capital or bankroll then I would have survived this loosing streak, while the problem is not bankroll but the losses so the best way to earn from gamble is stop it asap.

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You can easily make 50-100 usd for a few days with gambling, but in the longer run you, if you follow the same bet sizes, you will end up losing a little bit more than you gain (house edge).

You are better of using this time and energy to find a job if you want to be able to earn money.

Gambling should only be for fun, not for trying to make profits.

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