Can gambling be profitable in long term ? - page 148.

philiveyjr

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Quote from: n2004al on December 07, 2015, 11:06:50 AM

Quote from: sukamasoto on December 04, 2015, 10:17:03 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..

LuckyYOU

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Quote from: sukamasoto on December 04, 2015, 10:17:03 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

To me I feel like I would have to put in a lot of time analising different teams if I were to start sports betting. I've never done that before. I feel like it would be time consuming to get to know all the teams and their statistics.

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It can be profitable if you that lucky to win more than losing.

n2004al

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Quote from: sukamasoto on December 04, 2015, 10:17:03 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?

Sir_lagsalot

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Of course it can. But it most probably won't be, as the house edge will get you at one time or another, it just matters when. Even a 0.01% house edge, which is miniscule, can pile up against you.

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Quote from: MR.Seller on December 04, 2015, 10:22:30 PM

Quote from: sukamasoto on December 04, 2015, 10:17:03 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

Sir, What site you play in sports betting I really want to know how to play sports betting. I only play Dice well sometimes I lose and sometimes I win But if I won, I keep the 50% of my balance and the 50% is continue for playing dice ^_^

Wont sports betting have a house edge to?

MR.Seller

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Quote from: sukamasoto on December 04, 2015, 10:17:03 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

Sir, What site you play in sports betting I really want to know how to play sports betting. I only play Dice well sometimes I lose and sometimes I win But if I won, I keep the 50% of my balance and the 50% is continue for playing dice ^_^

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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

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Quote from: fravia on December 04, 2015, 01:59:54 PM

i really dont think that gambling might be profitable in a long term i mean its possible to win a few days in a row if you are really lucky though its impossible to win in a long term for example aa few weeks because of a house edge that casinos usually have because of this reason i usually dont play casino games often

Yes, that is 100% true. Gambling is not for making profits over long time but just play occasionally and if one is lucky than they will make a profits for sure. But shouldn't make gambling as regular job to earn money. Until today I never see personally any one become rich or making money regularly from gambling. Gambling is a very risky and it can take away all your money in no time.

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i really dont think that gambling might be profitable in a long term i mean its possible to win a few days in a row if you are really lucky though its impossible to win in a long term for example aa few weeks because of a house edge that casinos usually have because of this reason i usually dont play casino games often

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Quote from: HarryKPeters on December 04, 2015, 01:37:14 PM

Lol, yeah it can be profitable with every game.. if luck is on your side.
Like every game you have to weigh off the chances and look through the numbers.

Always it is a risk, which means always you have consider losing all of your money.

So you basically contradicts yourself here. Answer me this: do you ever had luck on your side every time you gambled? Do you know anyone who had?
I tried to gamble for a long time, and I can tell you, if you think you can earn by playing everyday more than you wager, then you are embodiment of luck.

And I am not talking about one time big wins or something like that.

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Quote from: BitMaxz on December 04, 2015, 12:32:00 PM

It can be profitable if you buy a ticket on some lotteries that has big amount of jackpot prize like.
4 digit lottery:
Ticket each is 0.005 then the winning price is 5 btc if he get the exact digit you can get 5 btc and then for rumble numbers you can only get 0.05...
I know not all people can be lucky.. I think this is long term but for me its profitable. Everyday i have an extra money to buy tickets on lottery waiting for my luck again..

Lol, yeah it can be profitable with every game.. if luck is on your side.
Like every game you have to weigh off the chances and look through the numbers.

Always it is a risk, which means always you have consider losing all of your money.

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It can be profitable if you buy a ticket on some lotteries that has big amount of jackpot prize like.
4 digit lottery:
Ticket each is 0.005 then the winning price is 5 btc if he get the exact digit you can get 5 btc and then for rumble numbers you can only get 0.05...
I know not all people can be lucky.. I think this is long term but for me its profitable. Everyday i have an extra money to buy tickets on lottery waiting for my luck again..

Blawpaw

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I guess so... I've been playing poker in online Poker rooms for a long time. I've used a lot of them and have always stayed on profit Wink

bitlancr

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Quote from: elm on December 04, 2015, 07:18:38 AM

Quote from: vortexz on December 03, 2015, 08:15:11 AM

the only way you could trully win at gambling is that you either cheat or either the house edge is in your favor.
I don't see any other way, honestly.

very true

and nothing will change this

may I ask all of you if you would take the chance to bet in case the HE is in your favor?

Well you could just be lucky as well

I prefer to see gambling as entertainment and I will only do it if I can afford to lose some spare money I got

GannickusX

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Quote from: txbtc on December 03, 2015, 08:22:18 AM

Quote from: vortexz on December 03, 2015, 08:15:11 AM

the only way you could trully win at gambling is that you either cheat or either the house edge is in your favor.
I don't see any other way, honestly.

Not really, suppose someone wants to win 0.0001 BTC then I guess is pretty simple given that he has at least 0.02 BTC or more. He would easily win 0.0001 unless he gets too unlucky.But yes you must set goals then only you can achieve them, playing for winning site's bankroll is not the best idea.

Quote from: agustina2 on December 03, 2015, 08:19:32 AM

Correct.

So the bottom line here, stop gambling as it will lead you to nowhere. And about the thread title, many knows the appropriate answer for that.

Gambling doesn't mislead, its the approach towards it, that leads to wrong things. If you gamble for fun, its good. If you gamble small, its good.

Well yea, imagine you want to make 0.005 profit, if you have 0.1 bitcoins you could just bet on 99% and win the 0.005. By the same token you could bet 0.00005btc on 1% and get a 0.005 profit, in the end is the same.

elm

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Quote from: vortexz on December 03, 2015, 08:15:11 AM

the only way you could trully win at gambling is that you either cheat or either the house edge is in your favor.
I don't see any other way, honestly.

very true

and nothing will change this

may I ask all of you if you would take the chance to bet in case the HE is in your favor?

xuan87

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in my opinion and my experience unfortunately the answer is no...

If gambling can be profitable for long term then gambling will be become one of the living source like a job, unfortunately until now most of us heard a lot of people went into debt cause addictive to gambling

for a short term if you are lucky maybe it can become profitable, but for long term chances are really slim..

bitcoin-hunter

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Some gambling games maybe it is profitable, but the moest aren't so just beter play it for fun.
If you really need money just do a job or do some bitcoins job.

bitlancr

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Quote from: Altynbekova on December 03, 2015, 10:59:58 AM

With gambling no is not profitable in long term maybe it can, but you will lose a lot.
Just buy some bitcoins like 0.1 bitcoins is more profitable.

This is true, why not take the chance to invest it into something like bitcoin rather than gamble it all away.

Gambling is okay when it's done in moderation.

Topic: Can gambling be profitable in long term ? - page 148. (Read 112232 times)