Author

Topic: Can gambling be profitable in long term ? - page 108. (Read 112258 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
The answer to that is, it depends, for most people long term earnings are simply unattainable either because they don’t care since they are playing for fun or because they are playing games that cannot be beaten, for a minority, less than 1%, there is a chance to make money in games like poker or sports betting.
hero member
Activity: 910
Merit: 500
No gambling cannot be profitable on a long run, maybe some people have this luck that it will be profitable but I think 99% get in problems due it.
Gambling is not something that can provide you a monthly income in my eyes too.
Sometimes yes but sometimes playing in the long run can really make profitable when you are in good mood i already saw someone that he can really make 5 bitcoin profit in gambling in just 24 hours using bot sometimes and not manual bettings and gambling can really provides what they really needs in life.
legendary
Activity: 2436
Merit: 1008
It can't be, unless you win %51 of every game you play. If you are able to win %51 of every game than you can make money infinitely. But that's not possible usually.

Even with 51% every game it will not give a good result. There are still 49% chance of losing which is actually a higher percentage.

As long as there is percentage of lossing no way anyone can make a good streak of winning.
legendary
Activity: 1232
Merit: 1000
I think it's possible, because I have experienced it. this examples of what I do.
I have 1 BTC advantage of sports betting, I play every week. i bet every week around 0.1-0.2 and I can benefit up to 0.5 if I'm lucky and I won all the bets. but when I lose, it will recover in the next week. because I'm sure when I bet on a big team, they will not continue to lose, but they mostly get the win. so it is possible for anyone who bet on sports gambling and have a good strategy to make profits in the long run.
legendary
Activity: 3276
Merit: 2442
It can't be, unless you win %51 of every game you play. If you are able to win %51 of every game than you can make money infinitely. But that's not possible usually.
legendary
Activity: 1302
Merit: 1027
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

One does not simply profit on gambling in long term.
You can profit in short term, absolutely. But long term is just asking for a humongous debt. Because any profit that you earned, you will gamble it. Any money that you won, you will bet it.

So, no. Long term profitable gambling cannot be done.
If you've won something, take it and walk away.

What you said is the perfect rule of gambling in casinos and dice gambling, because when the luck strucks and you are in profit , that is the better time to cashout your luck and withdraw your profit, because when luck changes you will lose everything in short time.

The Golden Rule of Playing in Casinos is only Short time, if you are struck in profit better to withdraw it and leave to play for some time.

If you want long term in profit then better go for sports betting where the profit will be less but if you see the ROI in long term you will be amazed by it.
legendary
Activity: 3038
Merit: 1169
We all think about it sometime – somehow finding a trick to get rich quickly. It’s not easy but it is possible. It is possible to win money gambling, but it has to be a full time job. Learning card counting is difficult. Betting on sports can be done if you take a financial approach and do it full time. In poker, you're going up against other player`s. Every game have different approach. If u don`t try, u will never know.
There is only one way to find out if you are good in gambling and you can win in the long run, you got to try it, you do not need to start with a bigger amount because our gambling sites here accept a minimum amount for as low as 1 MBTC, if you love sports betting you can set up a bankroll for the who season and experiment on that to determine your success rate.

Yup! definitely you can certainly start to bet with a small amount of BTC and I think that is pretty much acceptable regarding you are only betting less with gambling sites but even if the price in betting are too low if a gambler are really addicted with gambling he would eventually consume all his BTC or money if he would play in the long run!
legendary
Activity: 1106
Merit: 1000
We all think about it sometime – somehow finding a trick to get rich quickly. It’s not easy but it is possible. It is possible to win money gambling, but it has to be a full time job. Learning card counting is difficult. Betting on sports can be done if you take a financial approach and do it full time. In poker, you're going up against other player`s. Every game have different approach. If u don`t try, u will never know.
There is only one way to find out if you are good in gambling and you can win in the long run, you got to try it, you do not need to start with a bigger amount because our gambling sites here accept a minimum amount for as low as 1 MBTC, if you love sports betting you can set up a bankroll for the who season and experiment on that to determine your success rate.
full member
Activity: 124
Merit: 100
We all think about it sometime – somehow finding a trick to get rich quickly. It’s not easy but it is possible. It is possible to win money gambling, but it has to be a full time job. Learning card counting is difficult. Betting on sports can be done if you take a financial approach and do it full time. In poker, you're going up against other player`s. Every game have different approach. If u don`t try, u will never know.
hero member
Activity: 546
Merit: 500
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

One does not simply profit on gambling in long term.
You can profit in short term, absolutely. But long term is just asking for a humongous debt. Because any profit that you earned, you will gamble it. Any money that you won, you will bet it.

So, no. Long term profitable gambling cannot be done.
If you've won something, take it and walk away.
legendary
Activity: 2058
Merit: 1015
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.
It is very difficult and nearly impossible but still there are  people that can manage to win in the long run but they are very very few. They are the one who won atleast 200btc or 300. Rare to see.
sr. member
Activity: 281
Merit: 250
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.
but i do not think that it is such a difficult job, and certainly gambling can be profitable in long run, but it depend on your gambling skill your gambling experience and your luck, if you have some good gambling skill then certainly make good profit from gambling and it can be profitable in long run,
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
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.
sr. member
Activity: 350
Merit: 250
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.
sr. member
Activity: 294
Merit: 250
Gambling  depends on mostly luck.So, none can assure you what's going to be happen.So, it's impossible to tell that you will get profit in long term.But as I know Most of the gambler couldn't became successful in long term and become empty hand.
hero member
Activity: 728
Merit: 500
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.
hero member
Activity: 728
Merit: 500
It is absolutely right that gambling can be profitable if set some rules and play for getting profit. I will second you that emotions and false feeling which many people have during or before start playing to consider them luckiest. You need to change your attitude and approach then gambling can be profitable. Everyone can make every business profitable so it is different form person to person in gambling too.
legendary
Activity: 1554
Merit: 1014
If you have skills and you have proven it will work then you will be profitable in the long run, choosing the type of game matters and do not choose games with a house edge as we have no chance on that.

yes you are right, we can be profitable in the long term if we have a good strategy. especially in controlling emotions, not greedy and do not often play. also do not play the game in completely dependent on luck. if all was well done I am sure you can benefit in the long term, because I myself have been doing it well and always advantageous, although sometimes lose, but it can still be recovered
hero member
Activity: 644
Merit: 500
Gambling is too risky and not profitable in long term.. there's a winning and losing side.. If you have a method and know how to play on the winning side then it is possible but most people I've known including me doesn't believe it will make a profit for you in a long term.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
If you have skills and you have proven it will work then you will be profitable in the long run, choosing the type of game matters and do not choose games with a house edge as we have no chance on that.
Jump to: