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Topic: Can gambling be profitable in long term ? - page 147. (Read 112232 times)

legendary
Activity: 1554
Merit: 1054
December 08, 2015, 09:44:43 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.....?

Are there any rules to win online casino? Even you have enough discipline, you still need a lot of luck to win.

Yes, out of luck you may win some times. How the rules, we are following can create your luck. May the discipline and the rules we are following in gambling, prevent some losses in some certain cases. But there is no guarantee for profits out of following any rules.
sr. member
Activity: 350
Merit: 250
December 08, 2015, 09:43:53 AM
I doubt it's profitable for the majority of the gamblers out there.
Casino's and gamble sites are scripted to make the house win.
Or at least let the house make profits of off the gamblers.
In the long term, you'll lose more money then you'll be winning

Just like the guy on top of you said just play randomly against the house edge, Well I play in moderation and stopping from playing really has some good technique in playing gambling, you can play everyday but just a little amount of time that day then play gambling the other day, or just bet 1 time and stop then bet the other day or make it two in a round doing this process makes you escape from the house.

Or just work your ass of and get money for that and convert in to bitcoin.
For me gambling is just to risky to earn money.
legendary
Activity: 3038
Merit: 1169
December 08, 2015, 09:42:07 AM
I doubt it's profitable for the majority of the gamblers out there.
Casino's and gamble sites are scripted to make the house win.
Or at least let the house make profits of off the gamblers.
In the long term, you'll lose more money then you'll be winning

Just like the guy on top of you said just play randomly against the house edge, Well I play in moderation and stopping from playing really has some good technique in playing gambling, you can play everyday but just a little amount of time that day then play gambling the other day, or just bet 1 time and stop then bet the other day or make it two in a round doing this process makes you escape from the house.
sr. member
Activity: 370
Merit: 250
Forza Italia
December 08, 2015, 09:28:22 AM
I doubt it's profitable for the majority of the gamblers out there.
Casino's and gamble sites are scripted to make the house win.
Or at least let the house make profits of off the gamblers.
In the long term, you'll lose more money then you'll be winning
legendary
Activity: 1442
Merit: 1008
December 08, 2015, 07:13:10 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.....?

Are there any rules to win online casino? Even you have enough discipline, you still need a lot of luck to win.

Yepp there is no rules, even you make your own rules to keep you on the track it's bullshit. Your high tension to win more and more break it all.
Luck is a better reason to Make prokfit in a long run, the problem are how to get that lucky come everytime and sure there is no way to get it so just play randomly against casino house edge or would be better playing sportsbet that 70% required skills.
legendary
Activity: 1386
Merit: 1016
December 08, 2015, 06:17:16 AM
I know online poker can be profitable in the long term as long as you're not playing against 'the house', so only if you're playing against other players.
But would this be considered gambling? I think in that case, the term 'game of skill' fits better.

Poker is based on luck and skill, so it technically still is gambling, as it isn't 100% based on skill.

well any casino games will need luck, otherwise people know the trick can just come in and win away all the casino $$. so it still need luck, however poker really requires a lot of skills as compare to other games and this will bring the luck factor down by a lot.
full member
Activity: 182
Merit: 100
December 08, 2015, 01:52:14 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.....?

Are there any rules to win online casino? Even you have enough discipline, you still need a lot of luck to win.
legendary
Activity: 1064
Merit: 1000
December 08, 2015, 12:35:52 AM
I know online poker can be profitable in the long term as long as you're not playing against 'the house', so only if you're playing against other players.
But would this be considered gambling? I think in that case, the term 'game of skill' fits better.

Poker is based on luck and skill, so it technically still is gambling, as it isn't 100% based on skill.
legendary
Activity: 1218
Merit: 1007
December 08, 2015, 12:31:32 AM
Gambling, in the long term, would theoretically be a zero-sum activity.

In reality, based on random chance, it is a losing activity without a strategy, and even with a strategy it is iffy at best.

It is entirely possible to make a profit, with either luck, cheating, or an amazing strategy. However none of them are guaranteed to work, and some will work against you.

A hypothetical means of getting more out of a service is, for example, on a dice service, go for the lowest return, so something like x1.01, or approximately a 99% chance to win. Then bet low, such as 100 satoshis and keep rolling, until you hit a failed roll. The immediate next roll, bet enough to make the 100 satoshi back, e.i. 10,000, and it is nearly impossible to roll another failed number consecutively, unless the system is rigged in such a way as this would fail. That way, even though you are making on ~1 satoshi a roll, you won't technically lose anything unless you get the worlds worst roll twice in a row.
hero member
Activity: 532
Merit: 500
December 07, 2015, 11:25:50 PM
I know online poker can be profitable in the long term as long as you're not playing against 'the house', so only if you're playing against other players.
But would this be considered gambling? I think in that case, the term 'game of skill' fits better.

Every one thinks like you but no one is making money from gambling for long term. So I feel gambling is good only for fun but not for making money.
legendary
Activity: 1792
Merit: 1283
December 07, 2015, 01:56:06 PM
I know online poker can be profitable in the long term as long as you're not playing against 'the house', so only if you're playing against other players.
But would this be considered gambling? I think in that case, the term 'game of skill' fits better.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
December 07, 2015, 01:53:22 PM
For some people is profitable, because is ther job so yeah.
But better just work and earn your money that way.
Gambling is a job? I think gambling cant be job.. because gambling is for gamblers and players, job is for employee's and worker's
So gambling will never be a job.. If you make it a job you will be bankrupt in the end and lost all your earnings..
So i think gambling is for fun. not a job..
hero member
Activity: 770
Merit: 500
Forza Roma
December 07, 2015, 12:37:44 PM
For some people is profitable, because is ther job so yeah.
But better just work and earn your money that way.
full member
Activity: 224
Merit: 100
December 07, 2015, 12:30:28 PM
For long term gambling is not profitable. Gambling is just a fast money earning if you are lucky.
If you do it for a long term than at the end you will lose it all.
So beter play just sometimes.

It doesn't always have to be this way. Professionals have been playing for years, how would they make it their work to gamble if they didn't have any kind of strategy?
I believe it's a bit of luck and a bit of strategy and some good common sense on your shoulders, that will make you earn some profitable money by gambling.

True, I agree with you. Unless you're placing bets on dice. That's all scripted to make you lose and just win enough to keep playing and keep coming back, that's another thing I don't like to bet on dice.

But then again, it's a chance you take. Placing bets on dice isn't my favorite thing to do, but it's tempting to take a chance and roll the dice every now and then. But yes it can be profitable and in your favor if you keep up with your winnings and losses.
full member
Activity: 182
Merit: 100
Pollak
December 07, 2015, 12:18:33 PM
For long term gambling is not profitable. Gambling is just a fast money earning if you are lucky.
If you do it for a long term than at the end you will lose it all.
So beter play just sometimes.

It doesn't always have to be this way. Professionals have been playing for years, how would they make it their work to gamble if they didn't have any kind of strategy?
I believe it's a bit of luck and a bit of strategy and some good common sense on your shoulders, that will make you earn some profitable money by gambling.

True, I agree with you. Unless you're placing bets on dice. That's all scripted to make you lose and just win enough to keep playing and keep coming back, that's another thing I don't like to bet on dice.
legendary
Activity: 1134
Merit: 1000
December 07, 2015, 12:11:11 PM
Honestly House edge will take you down at the end no matter how advance your tactic are....
But the story will be different if you're playing sport betting. If you have advance analisys, mostly you're gonna predict the exact result

What kind of expression is this? How can be calculated something that if possible will eliminate the subject of those calculations? Are you in mind when tell this kind of things? How can be possible to be found the exact result of a match? What kind of mind have you to make such calculations and such predictions that can eradicate definitely the sport your are talking about? Because after your big analysis and the find of the EXACT result of match, have no meaning that this match be played. Repeat: have no meaning. The results is known by everyone. Every team know in which way will go the match and have no reason to play. The result is the aim of the play of the match. The results can be told by you. The RIGHT one. Every player will ask: why to play when we know the result from the "PREDICTOR", the "FINDER" and the "ONE". What else can be born from that your sick mind?

I think by exact result he meant win/loss/draw.. not EXACT result as in 0-2,6-4 n stuff.. I n2004al has a point if this is what he meant...for dice..you have to be lucky to win anything.. but its not the same for sports betting eventhough luck could be a factor..but skill can override the luck factor on a long term.. when I think of it.. I think even dice can be broken down with money management skills and stuff...but it is lot more mathematical and need lot more advanced knowledge compared to sports betting..

The words are the meaning that everyone understand from those and not what you wonder or imagine. If he tell that with "advance analisys (not analysis but analisys) he mostly (in the most of cases) can be predicted the EXACT RESULT this mean the exact result. Period. This is and can be the only meaning that has these words.

As for your thoughts about the "broken down of the dice with money management skills and stuff and the .... lot more mathematical.... and the need for lot more advanced knowledge ...." I think that you have no idea what are the skills and have no idea what is a skill and the management of the skills (while me have no idea what can be the stuff). But for sure (and I am sure about this) you have not and will have not any kind of idea about what is the "mathematical" and the "advanced knowledge". You have read these words in some publicity or have hear about those hearing some "important connoisseurs" from your preferred television program (or some movie) and you liked those and decided to use some times when will give some high thought. If used those make you felt more superior compared to the others and able to do impossible or very hard things.

I bet all the world if you or someone else will be able to realize such bullshit and absurdity (these word are very soft to determine the seriousness of the case) ONLY ONE TIME. To show how will do this and to realize. To show the "money management skills and stuff", the "mathematical" and the "advanced knowledge" written by you in your intelligent and insuperable post and then "broke down the dice". But must do exactly what you have written and not something else which can be meant by your mind. Let make e video and let put it in youtube. So everyone like me which mocks with such things will remain ashamed with our posts (like this).
sr. member
Activity: 406
Merit: 250
December 07, 2015, 11:58:04 AM
For long term gambling is not profitable. Gambling is just a fast money earning if you are lucky.
If you do it for a long term than at the end you will lose it all.
So beter play just sometimes.

It doesn't always have to be this way. Professionals have been playing for years, how would they make it their work to gamble if they didn't have any kind of strategy?
I believe it's a bit of luck and a bit of strategy and some good common sense on your shoulders, that will make you earn some profitable money by gambling.
hero member
Activity: 826
Merit: 1000
December 07, 2015, 11:51:47 AM
It can be profitable if you that lucky to win more than losing.

Unless you're a pro gambler you will not be profitable in the long run and even if you are a professional you still may end up broke in the end like many before you. It is so easy to get carried away in the gambling world. The post above that is kind of obvious but not very probable. The house edge is there for a reason.
hero member
Activity: 756
Merit: 503
Crypto.games
December 07, 2015, 11:47:45 AM
Honestly House edge will take you down at the end no matter how advance your tactic are....
But the story will be different if you're playing sport betting. If you have advance analisys, mostly you're gonna predict the exact result

no it wont, it may give you advantage if your betting
in sport game but analysing a game is very difficult you
have to see how every player do every practice on both
teams to see if which is in better shape, but remember even
if you know whos going to win the game may change depend
on how the players do in the actual game.
full member
Activity: 224
Merit: 100
December 07, 2015, 11:44:14 AM
For long term gambling is not profitable. Gambling is just a fast money earning if you are lucky.
If you do it for a long term than at the end you will lose it all.
So beter play just sometimes.
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