Can gambling be profitable in long term ? - page 109.

gabmen

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Quote from: 23dzmaz on October 20, 2016, 07:40:36 AM

I think yes, gambling can be profitable for long term. The problem is many people can't do this if they can't control himself on gambling and greedy. To get profit in long term, you need to keep on track by do research on every match that you want to bet.

Well i don' t think that would be applicable in most gambling games though. Like for example dice, how do you research the rolls there? It mainly depends on you being lucky if you're going to win. So there may be profit in a few gambling games but generally i don't believe gambling is there to be profitable for the player

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I think yes, gambling can be profitable for long term. The problem is many people can't do this if they can't control himself on gambling and greedy. To get profit in long term, you need to keep on track by do research on every match that you want to bet.

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Quote from: Punggawa on October 20, 2016, 06:34:59 AM

Quote from: tymothy on October 20, 2016, 04:49:23 AM

Gambling can be profitable in REAL casinos using professional methods of card counting and bankroll management combined. Just search the MIT Blackjack Team as one example. Online Casinos you will not be profitable in the long run unless you hit a jackpot, or are a sports bettor that has the skills of a professional handicapper.

I'm not sure can be profitable in the longterm in casino gambling and I do not think any methods in gambling because it is depend on luck.

In a casino where there is a house edge for short your cannot win in the long term because it was designed only for entertainment for the gamblers and the profit for the operators, we cannot argue on that because it is the reality that we need to accept.

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Quote from: tymothy on October 20, 2016, 04:49:23 AM

Gambling can be profitable in REAL casinos using professional methods of card counting and bankroll management combined. Just search the MIT Blackjack Team as one example. Online Casinos you will not be profitable in the long run unless you hit a jackpot, or are a sports bettor that has the skills of a professional handicapper.

I'm not sure can be profitable in the longterm in casino gambling and I do not think any methods in gambling because it is depend on luck.

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Quote from: geniusboy91 on October 20, 2016, 04:47:49 AM

I don't think gambling can give you a profit per day like in trading because gambling isn't supposed for a long term earning. Usually you will lose so much money in long term gambling. I prefer to gamble money only for one time in one place, no matter what I got and what I lost.

Yeah it's something very true. All the people who do the gambling will certainly defeat and that's something a reasonable thing or certainly experienced. So everyone will not always benefit. But compared to gambling, trading is much more fun and profitable. Because trading does not give bad effect to us if doing so with a long time

tymothy

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Gambling can be profitable in REAL casinos using professional methods of card counting and bankroll management combined. Just search the MIT Blackjack Team as one example. Online Casinos you will not be profitable in the long run unless you hit a jackpot, or are a sports bettor that has the skills of a professional handicapper.

geniusboy91

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I don't think gambling can give you a profit per day like in trading because gambling isn't supposed for a long term earning. Usually you will lose so much money in long term gambling. I prefer to gamble money only for one time in one place, no matter what I got and what I lost.

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Quote from: aranachristianjay on October 19, 2016, 09:30:12 PM

Quote from: tabas on October 19, 2016, 08:13:38 PM

Quote from: Newcoins2020 on October 18, 2016, 10:38:46 AM

If you are playing a game like poker and you are skilled enough you can win all the time but only if you are good enough, with the other games it does not work that way.
The other games require to much luck and zero skill those cannot be profitable.

Even you are going to be skilled in gambling luck is still needed and I would say that it is not going to be profitable to play poker and other games in the long run. Because most of the time a gambler loses if he does not able control his gambling addiction. That is making everyone lose in the long run and not to be profitable.

No, Skill is the main winning part in poker than
luck.

Since poker do requires a lot of analytical thinking,
And even we say that you don't have the luck to get the
best cards.
But still you know how to handle the cards. then there
will still be a great chance of winning.

Experience on poker would really give you the edge even though you dont have the best cards because same as you said you could able to handle them and would able to increase the winning percentage depending on the techniques and decision that you would made.

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Quote from: tabas on October 19, 2016, 08:13:38 PM

Quote from: Newcoins2020 on October 18, 2016, 10:38:46 AM

If you are playing a game like poker and you are skilled enough you can win all the time but only if you are good enough, with the other games it does not work that way.
The other games require to much luck and zero skill those cannot be profitable.

Even you are going to be skilled in gambling luck is still needed and I would say that it is not going to be profitable to play poker and other games in the long run. Because most of the time a gambler loses if he does not able control his gambling addiction. That is making everyone lose in the long run and not to be profitable.

No, Skill is the main winning part in poker than
luck.

Since poker do requires a lot of analytical thinking,
And even we say that you don't have the luck to get the
best cards.
But still you know how to handle the cards. then there
will still be a great chance of winning.

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Quote from: Newcoins2020 on October 18, 2016, 10:38:46 AM

If you are playing a game like poker and you are skilled enough you can win all the time but only if you are good enough, with the other games it does not work that way.
The other games require to much luck and zero skill those cannot be profitable.

Even you are going to be skilled in gambling luck is still needed and I would say that it is not going to be profitable to play poker and other games in the long run. Because most of the time a gambler loses if he does not able control his gambling addiction. That is making everyone lose in the long run and not to be profitable.

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Quote from: Zooplus on October 19, 2016, 06:42:53 PM

Quote from: MaritiJames3 on October 19, 2016, 05:39:38 PM

Quote from: coolkiller on September 22, 2015, 05:16:01 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 do think that gambling can be profitable but I think that it only is going to be possible if you are any good in poker because you can make much money with that because it requires skill.
The other games require to much for you to keep winning.

Honestly, if we based no the experience of the majority here, gambling is not profitable in the long run. However, it is possible also that it can be profitable as we have seen professional gamblers who are bragging that they are making a money living with gambling.

of course you can gamble and get profit in the long run as long as you qualified to have a bankroll management skills and earned a lot of experience already in gambling world but the problem are how long you can survive?

you may have seen there is professional gambler make a living in gambling , but the number are low isn't it?

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Quote from: MaritiJames3 on October 19, 2016, 05:39:38 PM

Quote from: coolkiller on September 22, 2015, 05:16:01 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 do think that gambling can be profitable but I think that it only is going to be possible if you are any good in poker because you can make much money with that because it requires skill.
The other games require to much for you to keep winning.

Honestly, if we based no the experience of the majority here, gambling is not profitable in the long run. However, it is possible also that it can be profitable as we have seen professional gamblers who are bragging that they are making a money living with gambling.

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Quote from: coolkiller on September 22, 2015, 05:16:01 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 do think that gambling can be profitable but I think that it only is going to be possible if you are any good in poker because you can make much money with that because it requires skill.
The other games require to much for you to keep winning.

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Quote from: sana54210 on October 13, 2016, 12:47:44 PM

Quote from: BossMacko on October 13, 2016, 12:01:23 PM

Yes, it could be but you have to discipline yourself and know when to stop when you have won a little profit for the day or if you lose a percent of your bankroll or percent of your winnings. I've learned that steps through experience in gambling it does works and being greedt can corrupt you and you will lose it all in a flash.

Maintaining discipline in long run would be a very big challenge for every gambler. When you are becoming an experienced gambler, you will start breaking your own rules and regulations. This is true, because of gambling frustrations no one wants to be discipline even with their own regulations. When not being discipline, how we can expect profits from gambling in long run.

Discipline doesn't matter much in win/lose ratio, it only helps you to decrease your total wagered amount which can be viewed as descrease of loss due to the fact that gamblers expect to lose amount of money equal to wagered amount * House Edge.
But it's not entirely impossible to win over the long run, it's just the fact that statistically speaking more people will be in loss than in win over the long run.

Newcoins2020

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If you are playing a game like poker and you are skilled enough you can win all the time but only if you are good enough, with the other games it does not work that way.
The other games require to much luck and zero skill those cannot be profitable.

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Quote from: BossMacko on October 13, 2016, 12:01:23 PM

Yes, it could be but you have to discipline yourself and know when to stop when you have won a little profit for the day or if you lose a percent of your bankroll or percent of your winnings. I've learned that steps through experience in gambling it does works and being greedt can corrupt you and you will lose it all in a flash.

Maintaining discipline in long run would be a very big challenge for every gambler. When you are becoming an experienced gambler, you will start breaking your own rules and regulations. This is true, because of gambling frustrations no one wants to be discipline even with their own regulations. When not being discipline, how we can expect profits from gambling in long run.

BossMacko

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Yes, it could be but you have to discipline yourself and know when to stop when you have won a little profit for the day or if you lose a percent of your bankroll or percent of your winnings. I've learned that steps through experience in gambling it does works and being greedt can corrupt you and you will lose it all in a flash.

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Quote from: bitcoinhopper on October 13, 2016, 11:35:01 AM

Quote from: Altynbekova on October 13, 2016, 10:24:25 AM

With gambling it is almost impossible to make a profit in the ling run because the odds are always against you so most of the time you are going to lose.
Only if you play poker and you are good you can are able to make a profit in the long run.

I know only with poker you can make it happen that you can make allot of money with but with the other games you will have to be lucky enough to win the jackpot.
If you only pay the other games then you can expect that you are going to lose more money.

I think we can do besides poker in sports betting. but with several factors. that you do not bet too often, then you have a strategy and a good knowledge. then take some big teams when betting. I believe we can benefit in the long term. but this does not mean you always win, getting the defeat was certain. but at least you can profit in the long term.

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Quote from: Altynbekova on October 13, 2016, 10:24:25 AM

With gambling it is almost impossible to make a profit in the ling run because the odds are always against you so most of the time you are going to lose.
Only if you play poker and you are good you can are able to make a profit in the long run.

I know only with poker you can make it happen that you can make allot of money with but with the other games you will have to be lucky enough to win the jackpot.
If you only pay the other games then you can expect that you are going to lose more money.

Altynbekova

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With gambling it is almost impossible to make a profit in the ling run because the odds are always against you so most of the time you are going to lose.
Only if you play poker and you are good you can are able to make a profit in the long run.

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