Can gambling be profitable in long term ? - page 106.

aranachristianjay

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Quote from: kampretosChoalathos on October 22, 2016, 02:20:42 AM

yes this can, gambling can constant profit and longterm
if good playing this your familiar play, is playing card or poker is good batle player vs player
not player vs machine, and sport betting is good too

Yes it is kinda possible.

But there are no assurance that it will stays
that way.

Cause we all know gambling results are based on chances and luck.

That is why we should know first our limitations
to prevent losing to much than winning.

bitcoinisbest

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Well if you bet for long term it means you are addicted and you keep coming back which is a bad idea. Because in long run you tend to lose more than you gains. This is what the statistics speaks that shorter you play chances of wining are more.

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Quote from: Malsetid on October 22, 2016, 01:24:48 PM

Quote from: South Park on October 22, 2016, 01:00:15 PM

Quote from: victoryboy on October 20, 2016, 11:35:51 AM

It is difficult to make gambling profitable in long term. Gambling is to hit and runaway with whatever you got. Gambling is addictive for playing longer time and we all know it is house which wins in the long end. We need to see if its being profitable applies to general players or not. I will say no it can not be profitable in long term.

Wrong unless you gamble only once, win, and never play again that is simply not possible your earnings of all your sessions will add up together and if you are like most players you will be in the red in the long term.

Im sorry but that is assuming that you're going to win with that one time gamble that you make. Gambling most of the time ends up with you in the negative side of the result, so what you said there is very unlikely. Gambling, which most of the time relies on luck, is not a very good source of profit be it long term or short term as it is very risky and has a very little chance of earning sure money

Thinking that way will not make you a successful gambler, we should always be positive to think that we have a chance to win in the long run, if other people can do that, it only mean that it's not impossible and since it's not impossible the method are present and we just have to discover that.

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Quote from: South Park on October 22, 2016, 01:00:15 PM

Quote from: victoryboy on October 20, 2016, 11:35:51 AM

It is difficult to make gambling profitable in long term. Gambling is to hit and runaway with whatever you got. Gambling is addictive for playing longer time and we all know it is house which wins in the long end. We need to see if its being profitable applies to general players or not. I will say no it can not be profitable in long term.

Wrong unless you gamble only once, win, and never play again that is simply not possible your earnings of all your sessions will add up together and if you are like most players you will be in the red in the long term.

Im sorry but that is assuming that you're going to win with that one time gamble that you make. Gambling most of the time ends up with you in the negative side of the result, so what you said there is very unlikely. Gambling, which most of the time relies on luck, is not a very good source of profit be it long term or short term as it is very risky and has a very little chance of earning sure money

South Park

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Quote from: victoryboy on October 20, 2016, 11:35:51 AM

It is difficult to make gambling profitable in long term. Gambling is to hit and runaway with whatever you got. Gambling is addictive for playing longer time and we all know it is house which wins in the long end. We need to see if its being profitable applies to general players or not. I will say no it can not be profitable in long term.

Wrong unless you gamble only once, win, and never play again that is simply not possible your earnings of all your sessions will add up together and if you are like most players you will be in the red in the long term.

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Quote from: TheUltraElite on October 20, 2016, 03:05:06 PM

Quote from: airezx20 on October 20, 2016, 12:17:40 PM

Quote from: victoryboy on October 20, 2016, 11:35:51 AM

It is difficult to make gambling profitable in long term. Gambling is to hit and runaway with whatever you got. Gambling is addictive for playing longer time and we all know it is house which wins in the long end. We need to see if its being profitable applies to general players or not. I will say no it can not be profitable in long term.

Not difficult but its impossible to make profit in gambling in a long term because of the house edge and addiction,greediness and chasing your looses all these factors come in gambling in long term and its sure to loose at one stage,only one bad day is enough to make you all that is with you.

True, once the greed settles in, its difficult for the player to get back control on themselves and they start chasing their losses. This is fatal because the player keeps losing more and more and can never get back what they lost. Its better to stay away from gambling altogether.

Its right, but I have seen some people who are making a living with bitcoins, yes please trust me, I also do not used to believe but they actually make profit, I do not know if they fix matches or what but they are rich people and they make enormous profits by just gambling, strange but true.

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Quote from: Cryptogott on October 22, 2016, 09:37:27 AM

Of course it can be. All you have to do is become the house. If you become the house, the house edge will work for you. In time, you will make guaranteed profits. Just put a limit on max bet amount and secure you website well and you will be fine.

The title didn't say anything about being a player or a casino owner so i chose to comment as a casino owner

so you think being a casino owner is part of gambling right?
hmmm i guess it could be , as the casino owner staked their money too , to get a profit.
but as casino have a house edge and it was the benefit of course the casino owner will get profit in long term almost guaranteed.

Fatamorgana

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Quote from: shintosai on October 22, 2016, 09:41:12 AM

Quote from: Fatamorgana on October 22, 2016, 09:30:34 AM

No, I don't think that gambling is profitable in the long run. There are very limited chances to win in the gambling and most of the time people loose their money. One day you will win some money and the next two days you will loose your money, this is how all the gambling websites and other games are designed. Its better to play just for fun that too with limited money and its totally non profitable in the long run.

that's right unless you are already a pro with the game you are playing skills will give you more edge even if it will take a long game to play knowing how to control yourself and make a good decision whether to make big bet or control the bet its between you and your knowledge. like everybody say play with the amount you can't afford to lose and pro already knew how this will work and how to deal with it.

Thank you for you attentions, until now i can't control myself to stop gambling. I think good decision is stop gambling forever. Gambling can't make we rich but will make poor and make we as criminals. I will stop if my money back Grin

shintosai

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Quote from: Fatamorgana on October 22, 2016, 09:30:34 AM

No, I don't think that gambling is profitable in the long run. There are very limited chances to win in the gambling and most of the time people loose their money. One day you will win some money and the next two days you will loose your money, this is how all the gambling websites and other games are designed. Its better to play just for fun that too with limited money and its totally non profitable in the long run.

that's right unless you are already a pro with the game you are playing skills will give you more edge even if it will take a long game to play knowing how to control yourself and make a good decision whether to make big bet or control the bet its between you and your knowledge. like everybody say play with the amount you can't afford to lose and pro already knew how this will work and how to deal with it.

Cryptogott

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Of course it can be. All you have to do is become the house. If you become the house, the house edge will work for you. In time, you will make guaranteed profits. Just put a limit on max bet amount and secure you website well and you will be fine.

The title didn't say anything about being a player or a casino owner so i chose to comment as a casino owner

Fatamorgana

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No, I don't think that gambling is profitable in the long run. There are very limited chances to win in the gambling and most of the time people loose their money. One day you will win some money and the next two days you will loose your money, this is how all the gambling websites and other games are designed. Its better to play just for fun that too with limited money and its totally non profitable in the long run.

thisappointed

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Gambling in the first place is not profitable because the one thing that only it can do the most is to make your bitcoin disappear in time. Gambling is not a way to make your bitcoin grow and profitable in the same time. I think what you mean is Investing and Trading which is truly profitable in long term as long as you are putting all your efforts and knowledge to it. Gambling is just a waste of time and bitcoin, is not recommended.

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Quote from: kampretosChoalathos on October 22, 2016, 02:20:42 AM

yes this can, gambling can constant profit and longterm
if good playing this your familiar play, is playing card or poker is good batle player vs player
not player vs machine, and sport betting is good too

Any gambling you take, you need some luck to win in the long term, and without that luck, I don't think you can win always. Including sports or any card games, you must have some luck . Otherwise you will surely lose the money. Gambling is for fun so don't waste your money to make money out of it.

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Quote from: bastw055 on October 22, 2016, 03:38:27 AM

anyone who thinks they can.. are a bit dellusional unless you work with a bigger a balance outside from lucky hits which barely happens to anyone.

games itself is hard alone, yet also you have verify in your own version how the site isnt cheating you.. etc.

yeah you also have that to conaider. It's not only about the risk you're taking because you're basically relying in luck, you also have to worry about the house edge. So gambling can't really be considered as profitable u less you're extremely lucky or you can put up your own gambling site or casino

bastw055

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anyone who thinks they can.. are a bit dellusional unless you work with a bigger a balance outside from lucky hits which barely happens to anyone.

games itself is hard alone, yet also you have verify in your own version how the site isnt cheating you.. etc.

kampretosChoalathos

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yes this can, gambling can constant profit and longterm
if good playing this your familiar play, is playing card or poker is good batle player vs player
not player vs machine, and sport betting is good too

molsewid

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Quote from: coolkiller on September 22, 2015, 04:16:01 AM

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

I think it really can when you are in discipline mode of your self . because your ego might know that you really can win with the gambling sites 50% of people nowadays are really can make bitcoin profit with gamblings site and ofcourse it is a long term run.

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Quote from: gandame on October 22, 2016, 12:56:24 AM

Gambling is not profitable especially in long term because no one can win in gambling for stay in long time i think if you want to get profit in gambling play in short time if you win and get profit stop playing to get a profit. So gambling is not good also because its give you problem if you lose your money.

Usually it is based on the user itself, there are gamblers who are profitable in the long run but most of us are losers in the long run which makes the gambling sites richer, knowing that reality we have no chance to be rich in gambling but we can still enjoy it if we will only play for fun.

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There is no question that gambling can be profitable in the long run, "can" is a word that means it is possible, however gambling are created for us to have fun only due to the reason that gambling sites or the house possess the advantage over us. With that, it should be in our focus on how to beat the house advantage before putting a big amount of money and if we cannot make method to beat that we should stay gambling for fun.

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Quote from: gandame on October 22, 2016, 12:56:24 AM

Gambling is not profitable especially in long term because no one can win in gambling for stay in long time i think if you want to get profit in gambling play in short time if you win and get profit stop playing to get a profit. So gambling is not good also because its give you problem if you lose your money.

No one can predict what will happen to your bets, that is why most gamblers are still expecting and doing it everyday... There is no way you could profit from gambling specially in short time...You may win today, but tomorrow gambling will win against you and more than double of what you win today... The longer you stayed in gambling the bigger your loss is...

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