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Topic: Can gambling be profitable in long term ? - page 142. (Read 112258 times)

hero member
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December 26, 2015, 09:42:44 AM
well i believe that everything is possible if you are extremely lucky and manage to win big amounts of money over time, though in my opinion it might be nearly impossible to do because the more you play the biggest possibility that you will loose everything after some time
hero member
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December 26, 2015, 09:17:24 AM
I think gambling can't be profitable in the long run, because it's depending on the luck and the earning then isn't guaranteed , so no way to make gambling profitable in long run
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December 26, 2015, 09:16:45 AM
I highly doubt gambling can be profitable at long term, a person might make some quick profit with it if he/she was lucky but would lose on long term, There's always some kind of spread against the player and profit for the casino.
sr. member
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December 26, 2015, 07:31:12 AM
No set of rules can make you profit in a casino though. The house edge enforces that. Sure, it might be 0.1%, but the more you bet (aka long term), the more the house edge stacks up against you and the slow road to loss comes clear.

The house edge is something like this - if you bet one bitcoin with a 1 percent house edge and an infinite bankroll , you will lose one bitcoin every hundred rolls on average. But this doesn't usually happen, people usually tend to lose way more than that. I don't know why.
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December 26, 2015, 07:26:44 AM
Gambling can be profitable only if you gamble your money for fun ~1 or 2x per week = just gamble ~0.05 BTC for fun on dice and try your luck.
sr. member
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December 26, 2015, 05:02:40 AM
50-100$a day it’s not imposible, it’s all about luck and strategy on gambling
lots of people can get it from casino site like betcoin.tm
legendary
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December 26, 2015, 04:55:20 AM
Gambling can't be profitable in the long term... It can only be profitable in the short term due to the house edge.
are you sure short term will give you some profit and not easy to beat house edge.. i think short term and long term is not different. what makes it different is luck
full member
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December 26, 2015, 03:29:42 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.....?

Everything is possible but i think you have chance here .01% if you don't have a big bank roll.But if you have big bank roll like 10 or more coins i think its possible.but always be smart to choose your casino to gamble and the game.I know someone who made over $100 per days by playing roulette at casino.But he is very smart knows the odds very well.

there is no way to win. knowing the odds doesn't help. I know the odds and they're against me, that won't help me win. if you're talking about some knowledge that give the player an edge such as card counting on blackjack or skill in poker, yeah then there's a chance. from what I know, roulette is pretty much based on luck with similar edge to dice
legendary
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December 26, 2015, 03:20:11 AM
With those numbers that you posted in the original post, you would need sheer luck to make any money from gambling.
People who have a large bank roll, lets say $10,000, would make a profit and don't need to be lucky but skillful and know when to quit while they are ahead. With a smaller amount it is near impossible to be in profit until you lose it all. And with that amount you stated you would be done with in less than 2 days. To make $50-100 a day you would need double that amount to start with but that is being extremely on the side of a lucky streak.
sr. member
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December 26, 2015, 03:15:27 AM
Gambling can't be profitable in the long term... It can only be profitable in the short term due to the house edge.
sr. member
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December 26, 2015, 03:14:20 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.....?

Everything is possible but i think you have chance here .01% if you don't have a big bank roll.But if you have big bank roll like 10 or more coins i think its possible.but always be smart to choose your casino to gamble and the game.I know someone who made over $100 per days by playing roulette at casino.But he is very smart knows the odds very well.
full member
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December 26, 2015, 03:08:11 AM
I think that's depending in luck and strategy
Gambling can be profitable in long run if you re really lucky and having good strategy

yes gambling depends on luck, as well as any strategy, I am sure no one would always lucky at gambling in the long term.

so there is no gambling be profitable the long term .

You were wrong, as long as we have that luck straight follow us gambling very possible to get profit in long term.
The problem is we never know where is that luck . I believe there is a guy with a straight luck in his life.

I really do not believe there are people who will always be lucky in the long term in gambling.

well, if there is 1:1000.

There is no such a thing, nobody wins here in the long term realm.

I believe it's can works if you have big bankroll, well i know someone on nitrogensports that always earning on betting, he have big bankrolll though.

mathematically. in the long run, I.e infinite number of times, you will lose out. the more you play the closer your winnings will be to the house edge. for example a simple 49% chance to win, played infinite number of times, you'll win 49% of the time. you'll lose 1%
sr. member
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December 25, 2015, 09:02:21 PM
I think that's depending in luck and strategy
Gambling can be profitable in long run if you re really lucky and having good strategy

yes gambling depends on luck, as well as any strategy, I am sure no one would always lucky at gambling in the long term.

so there is no gambling be profitable the long term .

You were wrong, as long as we have that luck straight follow us gambling very possible to get profit in long term.
The problem is we never know where is that luck . I believe there is a guy with a straight luck in his life.

I really do not believe there are people who will always be lucky in the long term in gambling.

well, if there is 1:1000.

There is no such a thing, nobody wins here in the long term realm.

I believe it's can works if you have big bankroll, well i know someone on nitrogensports that always earning on betting, he have big bankrolll though.
legendary
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December 25, 2015, 08:57:22 PM
I think that's depending in luck and strategy
Gambling can be profitable in long run if you re really lucky and having good strategy

yes gambling depends on luck, as well as any strategy, I am sure no one would always lucky at gambling in the long term.

so there is no gambling be profitable the long term .

You were wrong, as long as we have that luck straight follow us gambling very possible to get profit in long term.
The problem is we never know where is that luck . I believe there is a guy with a straight luck in his life.

I really do not believe there are people who will always be lucky in the long term in gambling.

well, if there is 1:1000.

There is much different with there is a winning chance in long term and being luck. But what I do know there is no way that you can get some profit in long term game. But you will never have luck in long term game although you have enough money to cover some of your loss
legendary
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December 25, 2015, 05:31:11 PM
I think that's depending in luck and strategy
Gambling can be profitable in long run if you re really lucky and having good strategy

yes gambling depends on luck, as well as any strategy, I am sure no one would always lucky at gambling in the long term.

so there is no gambling be profitable the long term .

You were wrong, as long as we have that luck straight follow us gambling very possible to get profit in long term.
The problem is we never know where is that luck . I believe there is a guy with a straight luck in his life.

I really do not believe there are people who will always be lucky in the long term in gambling.

well, if there is 1:1000.

There is no such a thing, nobody wins here in the long term realm.
legendary
Activity: 1554
Merit: 1014
December 25, 2015, 12:40:29 AM
I think that's depending in luck and strategy
Gambling can be profitable in long run if you re really lucky and having good strategy

yes gambling depends on luck, as well as any strategy, I am sure no one would always lucky at gambling in the long term.

so there is no gambling be profitable the long term .

You were wrong, as long as we have that luck straight follow us gambling very possible to get profit in long term.
The problem is we never know where is that luck . I believe there is a guy with a straight luck in his life.

I really do not believe there are people who will always be lucky in the long term in gambling.

well, if there is 1:1000.
sr. member
Activity: 392
Merit: 251
December 24, 2015, 06:59:35 PM
Not unless you have a negative house edge.
Every gambler knows this fact but still their greediness will not allow them to quit the gambling but still they will try and try until they lose all their money and some people even after losing they will borrow money to gamble and lose. So I think gambling should play some times to enjoy the game but not making money out of it.
Gambling is an entertainment, not a profit opportunity.
sr. member
Activity: 420
Merit: 250
December 24, 2015, 04:15:55 PM
It can be profitable for a select few. Not all of us gamblers.
Those select few are offcourse
- Professionals
- The House
hero member
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December 24, 2015, 04:07:29 PM
Profitable for a day yes, profitable a year/lifetime
No way it's profitable for the masses or even playing 1 certain game.
I know this, because I tried it. And yes I am not that good ,but i know when there is a chance.
sr. member
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December 24, 2015, 03:06:50 PM
can be profitable if you play it on poker because playing poker is long term to choose if you raise or fold...
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