Topic: Can gambling be profitable in long term ? - page 129. (Read 112258 times)
I noticed that there are a lot of members in this thread that refer to the term "luck." There is no such thing as "luck," prescriptively speaking. In its prescriptive form, the word "luck" should be replaced with the term "chance." The difference between the two is that chance can be determined, calculated and utilized in ones decision making processes while luck cannot be determined, calculated, nor controlled outside of the supernatural. So, if one bases their game on the supernatural (luck), I would have to agree that their game could not be profitable in the long term. However, gambling can be profitable in the long term if one understands the math behind the game. One could profit in the long term if their game is based on a firm understanding of probability AND they maintain a disciplined bankroll management scheme that accounts for the deviations of variance.
Agreed with you, in all type of gambling the sports betting is best as it gives us maximum chance to make the money and if you have good knowledge about sports and if you can predict the result then there are very rare chances of loosing the money.
Yup! That is correct and by watching analysts on sports you can get decent hint on who's your gonna bet on to and I think it is the most easy gambling you can make because of a lessen risk it can have.
so i think poker skill still the highest chance profitable in long term
Agreed with you that anything can happen at end in any sports event but if you really have good knowledge about sports then I believe that we can predict the result most of the time.
Yup that is a good part in sports betting you can predict who's gonna win because you have an insight on the stats of the team or player that is why many are into sports betting yup most of the time your bet can won
Agreed with you, in all type of gambling the sports betting is best as it gives us maximum chance to make the money and if you have good knowledge about sports and if you can predict the result then there are very rare chances of loosing the money.
Yup! That is correct and by watching analysts on sports you can get decent hint on who's your gonna bet on to and I think it is the most easy gambling you can make because of a lessen risk it can have.
it not possible in dice roulette and casino games.....BUt i think you can do it with BLACKJACK
Actually you can make alot playing dice, odds are against you yes, but if you pay attention and watch out for waves you can hit streaks and make it big, just done bet more then $5 in one go rather take $50 and use $5 at a time then $50 in one go, you actually can make multiple times your starting value but it's not easy, doubling is hardest then it becomes easier as you increase bankroll. But you have to take risks, and compose yourself, most people lose because when they make a bad bet they stress and try recover with silly risky moves and lose everything. The games designed to make you lose everything whcih is why you use $5 not $50.
Not really but I saw myata in pd making profit slowly from less than 10btc to 51btc now and he only play in short time day by day. Gambling isn't profitable in the long run but he is.
Agreed with you that anything can happen at end in any sports event but if you really have good knowledge about sports then I believe that we can predict the result most of the time.
Yup that is a good part in sports betting you can predict who's gonna win because you have an insight on the stats of the team or player that is why many are into sports betting yup most of the time your bet can won
Agreed with you, in all type of gambling the sports betting is best as it gives us maximum chance to make the money and if you have good knowledge about sports and if you can predict the result then there are very rare chances of loosing the money.
Agreed with you that anything can happen at end in any sports event but if you really have good knowledge about sports then I believe that we can predict the result most of the time.
Yup that is a good part in sports betting you can predict who's gonna win because you have an insight on the stats of the team or player that is why many are into sports betting yup most of the time your bet can won
Yes, I do agree that if any one have a good knowledge on game then it will be easy to predict the end results. But now a days in most of the games match fixings are the one spoiling game spirit and as well as they will change the actual end results. So even though it is sure winning match also don't go for big bets, just always go with small bets to avoid big loses.
Agreed with you that anything can happen at end in any sports event but if you really have good knowledge about sports then I believe that we can predict the result most of the time.
Yup that is a good part in sports betting you can predict who's gonna win because you have an insight on the stats of the team or player that is why many are into sports betting yup most of the time your bet can won
Gambling can be profitable on a long term that is one thing that is true, but the point is that you will need a lot of luck to succeed.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
That's the key : the luck, and as you noticed above the luck isn't guaranteed and can't be with you always, so that's way gambling is very risky method generally and most gamblers know already that gambling can't be profitable in long term
Agree with you about this point, luck isn't also guaranteed and as you can earn today you easily could lose tomorrow
Yeah and the worst thing is that you can't control it even for a day. Meaning it's likely you will play a few days and maybe once had luck and win.
Which would never make up for your real loss
Gambling can be profitable on a long term that is one thing that is true, but the point is that you will need a lot of luck to succeed.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
That's the key : the luck, and as you noticed above the luck isn't guaranteed and can't be with you always, so that's way gambling is very risky method generally and most gamblers know already that gambling can't be profitable in long term
Agree with you about this point, luck isn't also guaranteed and as you can earn today you easily could lose tomorrow
Gambling can be profitable on a long term that is one thing that is true, but the point is that you will need a lot of luck to succeed.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
That's the key : the luck, and as you noticed above the luck isn't guaranteed and can't be with you always, so that's way gambling is very risky method generally and most gamblers know already that gambling can't be profitable in long term
Yes gambling can be profitable in a long term, but its also the point of you want to consider this because of the fact that its, not a very good thing to make profit.
Due to the point gambling is very risky and you can lose a lot of money because of that fact.
Also if you think about the people that are getting addicted and lose everything I do not think its worth it.
Due to the point gambling is very risky and you can lose a lot of money because of that fact.
Also if you think about the people that are getting addicted and lose everything I do not think its worth it.
Gambling can be profitable on a long term that is one thing that is true, but the point is that you will need a lot of luck to succeed.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
I think all gamblers know that gambling couldn't being profitable in long term because sooner or later the gambler will lose his hard earned money
That's not true, not all sports gamblers lose money in the long run if you play with control and not with your emotions and be knowledgeable about the sport you're betting on.
I think all gamblers know that gambling couldn't being profitable in long term because sooner or later the gambler will lose his hard earned money
yes most think that way. but in my opinion if a gambler can allocate their funds in other investments such as trading, I think it could. be smart gambler. which can allocate money in the right place.
I think all gamblers know that gambling couldn't being profitable in long term because sooner or later the gambler will lose his hard earned money
No, it is a big mistake to believe that gambling is profitable in long term...even gamblers know where their money would end up without a luck...if you start believing like that, you might end up selling your properties and losing everything you have including your family in believing that there is good future in gambling..
Some people make a living out of gambling and some are good at it...
It really depends on what type of gambling you play...
Online casino like dice are sure to bring you bankruptcy...
In general, the average joe will never make enough money to cover losses. With this in mind the statement from the OP should be answered negative.
Since it's not possible.
No, it is a big mistake to believe that gambling is profitable in long term...even gamblers know where their money would end up without a luck...if you start believing like that, you might end up selling your properties and losing everything you have including your family in believing that there is good future in gambling..
Some people make a living out of gambling and some are good at it...
It really depends on what type of gambling you play...
Online casino like dice are sure to bring you bankruptcy...
No, it is a big mistake to believe that gambling is profitable in long term...even gamblers know where their money would end up without a luck...if you start believing like that, you might end up selling your properties and losing everything you have including your family in believing that there is good future in gambling..
If you are good,responsable and patient you can make money from sports bets or poker,but is very very hard.
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