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Topic: Can gambling be profitable in long term ? - page 117. (Read 112258 times)

sr. member
Activity: 322
Merit: 250
If you calculate the profit every single cents will count if such a long term is going to be the issue, it depends on oneself whether s/he wants to gamble with a stable profit.

Just saying patience is a virtue if a person is greedy s/he couldn't be able to profit but I reckon that it is very hard to gamble everyday.
hero member
Activity: 3024
Merit: 745
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yes gambling could be profitable in the long term. but you have to play disciplined, not greedy, has a target and especially able to control yourself. but in my opinion the ideal type of gambling is sports betting. because I was not sure if it is done on a casino game will be profitable in long-term.

I don't think this can be profitable in the long term if you are only an ordinary gambler and you just gamble very small amount. Gambling is going to be profitable only if you are going to have your own gambling site which is famous and you have a lot of gamblers on your site. And that is going to be a stable way to make it profitable.
copper member
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yes gambling could be profitable in the long term. but you have to play disciplined, not greedy, has a target and especially able to control yourself. but in my opinion the ideal type of gambling is sports betting. because I was not sure if it is done on a casino game will be profitable in long-term.
legendary
Activity: 2436
Merit: 1008
I do not think so, some people believe that it can be profitable, but where is their profit? There is no, that are just tales, none true. You can only lose money in gambling, if you want to win money, try once and if you win, never gamble there again or you will become greedy and lose tryin to get more and more money.

Really? Then tell that to those gambler who putting up some money in strategy based games. They are making profits for a long term.

For dice games, slots or every game that under the house edge, your view can be applied.
full member
Activity: 219
Merit: 205
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Whether its long term or short term, its been put-forth by most of the users that gambling always ends in loss. At times due to the close predictions made the winning chances gets higher. For this reason every-time gambling is not profitable because with cent percent security we can't compensate a loss with the upcoming events.

For every gambling game, there will always be house edge and that is also how casino manage to make profit. Even lottery, slot machine and table games, the house edge can be different but every games make sure you are always in the disadvantage.
thats true, because of the house edge i lose a lot of money in a longer run and it is really bad
legendary
Activity: 1638
Merit: 1046
For sure it can be. For this you need to follow a tipster which has really great quality of pics and winnings here and has proven himself from time to time. But tipping is not exclusive to this forum only, you just need to make a google search and after reviewing some sites you may find one which is good for you. The best is with payment betadvisor and next is betting expert website. There are a lot more websites so if you do a really good research and you are careful to the detail to read all the news in those websites you can choose the event which is most talked about in these tipping websites, not the event where most of the bets are on.
Reading tipping from other site or feeds source is one of the great idea to get idea what team you will choose.. but the problem is not all tips are not sure that you can win.. its always depends if you are lucky or not..
But i think many people are success just searching and follow tips from other site and advice from other..
hero member
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I do not think so, some people believe that it can be profitable, but where is their profit? There is no, that are just tales, none true. You can only lose money in gambling, if you want to win money, try once and if you win, never gamble there again or you will become greedy and lose tryin to get more and more money.
hero member
Activity: 686
Merit: 500

Yes and the fact that sports betting has even higher house edge hence we are supposed to loos even more when we gamble with sports. The best type of gambling I think is dice because it has a very thin house edge and hence we at least know that if we loose in dice that's because of our luck not picks.


Sports betting is only depend on our knowledge and if we have luck than we can make guaranteed profit with some matches, some teams are playing with very good motivation and always finishing with winning touch, look at Barcelona what it's doing right now so you can make very good profit while betting on it.
copper member
Activity: 1442
Merit: 529
For sure it can be. For this you need to follow a tipster which has really great quality of pics and winnings here and has proven himself from time to time. But tipping is not exclusive to this forum only, you just need to make a google search and after reviewing some sites you may find one which is good for you. The best is with payment betadvisor and next is betting expert website. There are a lot more websites so if you do a really good research and you are careful to the detail to read all the news in those websites you can choose the event which is most talked about in these tipping websites, not the event where most of the bets are on.
legendary
Activity: 3038
Merit: 1169
Long term or short term gambling is not a method of profit making. If that was so then people would not work hard to earn money and everyone would just flock at gambling sites for daily bread. The casinos would go bankrupt but that never happens and the casino owners are the real profit makers.

Indeed, gambling is not the place to make a profit. Actually gambling created because to raise school bitcoin. because not all of the things used or used is always beneficial.

It can certainly raise the value of bitcoin if many players would enjoy playing it if it is a online gambling that provide bitcoin transactions, but profiting in that certain aspect is really hard or not easy to attain especially if the individual can not afford in losing every bet he makes, so might as well stay out from it the first thing you encounter it.
hero member
Activity: 714
Merit: 500
Long term or short term gambling is not a method of profit making. If that was so then people would not work hard to earn money and everyone would just flock at gambling sites for daily bread. The casinos would go bankrupt but that never happens and the casino owners are the real profit makers.

Indeed, gambling is not the place to make a profit. Actually gambling created because to raise school bitcoin. because not all of the things used or used is always beneficial.
hero member
Activity: 826
Merit: 1000
Whether its long term or short term, its been put-forth by most of the users that gambling always ends in loss. At times due to the close predictions made the winning chances gets higher. For this reason every-time gambling is not profitable because with cent percent security we can't compensate a loss with the upcoming events.

Yes and the fact that sports betting has even higher house edge hence we are supposed to loos even more when we gamble with sports. The best type of gambling I think is dice because it has a very thin house edge and hence we at least know that if we loose in dice that's because of our luck not picks.


legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Long term or short term gambling is not a method of profit making. If that was so then people would not work hard to earn money and everyone would just flock at gambling sites for daily bread. The casinos would go bankrupt but that never happens and the casino owners are the real profit makers.
legendary
Activity: 1386
Merit: 1016
Whether its long term or short term, its been put-forth by most of the users that gambling always ends in loss. At times due to the close predictions made the winning chances gets higher. For this reason every-time gambling is not profitable because with cent percent security we can't compensate a loss with the upcoming events.

For every gambling game, there will always be house edge and that is also how casino manage to make profit. Even lottery, slot machine and table games, the house edge can be different but every games make sure you are always in the disadvantage.
legendary
Activity: 3234
Merit: 1214
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Whether its long term or short term, its been put-forth by most of the users that gambling always ends in loss. At times due to the close predictions made the winning chances gets higher. For this reason every-time gambling is not profitable because with cent percent security we can't compensate a loss with the upcoming events.
legendary
Activity: 3038
Merit: 1169
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
yes it is possible but not all of the time. it is always depends on or luck and sometimes of your trick on how you win. because most of the time, those who are greedy to win  that they would like to get all the money of the casino, they are the one who got lose because of their eagerness to win so i think it is all depend on how you handle your money and how to win.

In cases like that the eagerness of a person is the one that will make them sink on gambling they will just continue in going forward even if they don't have any money left in their pockets because of the addiction of a certain person in gambling their mind is blur because of their addiction that is why they will keep on engaging playing gambling even in their worst day!
sr. member
Activity: 630
Merit: 267
Just follow the rules
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
yes it is possible but not all of the time. it is always depends on or luck and sometimes of your trick on how you win. because most of the time, those who are greedy to win  that they would like to get all the money of the casino, they are the one who got lose because of their eagerness to win so i think it is all depend on how you handle your money and how to win.
hero member
Activity: 700
Merit: 500
These games like dice provides chance to double or triple your money in matter of minutes or seconds quickly and same fast way you loose too in hope of getting all back in next few rolls or bets. Sports betting in slow motion type of gambling where you can manage many different way and have enough time to think about other bets. You can make profit in sports betting in long term.
hero member
Activity: 1456
Merit: 624
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No. Most of the rich guys are winning a lot in the beginning (like $100M) and then are risking smaller amounts ($1M, $500k). $4M would be enough to live off a luxury life with $1M of it spent only on a house & a supercar.
you are right, you might win big at first but after some time the house edge will definitely kill your winning streak and you will become broke
Same here before when i was playing in dice game i am making a profit and withdraw come back again to make more profit but the result i lose until i become addicted and lose again in that time i am thinking to recover all my loses but its hard to recover all my loses in dice game so yeah i believe in that..
sr. member
Activity: 337
Merit: 250
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No. Most of the rich guys are winning a lot in the beginning (like $100M) and then are risking smaller amounts ($1M, $500k). $4M would be enough to live off a luxury life with $1M of it spent only on a house & a supercar.
you are right, you might win big at first but after some time the house edge will definitely kill your winning streak and you will become broke
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