Author

Topic: Can gambling be profitable in long term ? - page 152. (Read 112232 times)

hero member
Activity: 952
Merit: 503
November 27, 2015, 08:17:56 AM
I think you can win big in long term if you cash out and you play safe
Cash out? after lose?
Please be more specific
member
Activity: 88
Merit: 10
November 27, 2015, 08:10:37 AM
I think you can win big in long term if you cash out and you play safe
full member
Activity: 132
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
November 27, 2015, 08:07:37 AM
It's possible, if you're an everyday gambler, you could keep up how much your losing and winning. Just write it down somewhere. If you keep a record of this you can see how much you're losing and if you need to stop playing.
member
Activity: 98
Merit: 10
November 27, 2015, 08:04:23 AM
It can be profitable in the long term if you know how to play the gambling game, which depends on the game.

If you're gambling you could stop at a certain amount of money that you've won and the next day you'll leave your winnings at home and not play with it. That's how you can stack up your winnings.

Exactly mate.

Just make sure to stop when you can stop. If you can be disciplined and know when to stop, you can earn a living.

Self control, strategy and preservation are the key to succes, even in the gambling scene.
yes but you can always get very unlucky and the way you are playing, even if discipline and controlled, can turn downward.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
November 27, 2015, 07:44:34 AM
It can be profitable in the long term if you know how to play the gambling game, which depends on the game.

If you're gambling you could stop at a certain amount of money that you've won and the next day you'll leave your winnings at home and not play with it. That's how you can stack up your winnings.

Exactly mate.

Just make sure to stop when you can stop. If you can be disciplined and know when to stop, you can earn a living.

Self control, strategy and preservation are the key to succes, even in the gambling scene.
member
Activity: 98
Merit: 10
November 27, 2015, 07:38:36 AM
Discipline is not the problem it is the fact that house edge will knock your odds and most likely not allow you to win in the long term.
hero member
Activity: 616
Merit: 500
November 27, 2015, 05:04:25 AM
It can be profitable in the long term if you know how to play the gambling game, which depends on the game.

If you're gambling you could stop at a certain amount of money that you've won and the next day you'll leave your winnings at home and not play with it. That's how you can stack up your winnings.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
November 27, 2015, 05:02:27 AM
Nothing is impossible if you gamble in gambling. You can win or lose everytime.
And it all depends from you if do you have skill in gambling. Possible profitable in long term.

So are you saying only skill is important to win money in gambling in the long run? If yes, then you're wrong because if only skill matters than by now there will be millions of expert gamblers will be available but together with skill one more important thing is LUCK is needed and this luck will not come every day so no one can make money from gambling every day.

And one more thing which I've noticed when gambling: when you are "lucky" you are winning much less than you are losing when you are "unlucky". I don't know why, but it happens everytime.
legendary
Activity: 1456
Merit: 1005
November 27, 2015, 02:40:33 AM
Nothing is impossible if you gamble in gambling. You can win or lose everytime.
And it all depends from you if do you have skill in gambling. Possible profitable in long term.

So are you saying only skill is important to win money in gambling in the long run? If yes, then you're wrong because if only skill matters than by now there will be millions of expert gamblers will be available but together with skill one more important thing is LUCK is needed and this luck will not come every day so no one can make money from gambling every day.
legendary
Activity: 1006
Merit: 1000
November 26, 2015, 01:45:17 PM
Nothing is impossible if you gamble in gambling. You can win or lose everytime.
And it all depends from you if do you have skill in gambling. Possible profitable in long term.
newbie
Activity: 5
Merit: 0
November 26, 2015, 01:24:40 PM
it cant be profitable in long term eventually you lose every profit you get whitout even knowing it
scary isnt it
legendary
Activity: 2716
Merit: 1116
November 26, 2015, 01:16:33 PM
It can be if you keep up with how much you're losing, betting and winning.

If you keep up a nice note of that you'll be able to look back if you've made any profits of your winnings or if you've lost.

Most gamblers are addicted and irrational, so this statement is not applicable  Grin
full member
Activity: 182
Merit: 100
Pollak
November 26, 2015, 11:34:14 AM
It can be if you keep up with how much you're losing, betting and winning.

If you keep up a nice note of that you'll be able to look back if you've made any profits of your winnings or if you've lost.
legendary
Activity: 1554
Merit: 1054
November 26, 2015, 11:09:11 AM
Gambling shouldn't be played for making profits because it is not meant for that purpose instead just use it for fun or entertainment than it should be fine otherwise you will lose money more than making.
That's right. I played cards with friends many times for a small prize pool like a couple beers and we had so much fun. Those who won were happy even though the prize was small and those that lost were happy for the exact same reason. Once you start gambling for fun you'll be much happier.

That is the correct way of using gambling. If any one use gambling to pass their fun time with friends or family members then you can enjoy it very much but if any one use it as a money making machine then they will end up in a big problem. I never go for winning any big amounts in gambling.

But to enjoy gambling as a lifestyle we must be born with silver spoon. I have seen many millionaires who just gamble for fun and time pass. May be with bitcoin boom I may do this kind of gambling. I believe in bitcoin so One day I too will gamble like this.
legendary
Activity: 1456
Merit: 1005
November 26, 2015, 10:00:13 AM
Gambling shouldn't be played for making profits because it is not meant for that purpose instead just use it for fun or entertainment than it should be fine otherwise you will lose money more than making.
That's right. I played cards with friends many times for a small prize pool like a couple beers and we had so much fun. Those who won were happy even though the prize was small and those that lost were happy for the exact same reason. Once you start gambling for fun you'll be much happier.

That is the correct way of using gambling. If any one use gambling to pass their fun time with friends or family members then you can enjoy it very much but if any one use it as a money making machine then they will end up in a big problem. I never go for winning any big amounts in gambling.
hero member
Activity: 490
Merit: 500
November 26, 2015, 09:51:52 AM
Gambling can be very profitable in long term and you can earn lot of money on daily basis if you own casino, but if you are gambler, math cant be beaten at long enough period. (PvP gambling could be exception, but you also need lot of luck no matter how skilled you are).
as i know in my experience when im try to gamble long-term is always lose on my calculation. so i guess wrong if you have think long term way in gambling will give you some profit

Have you guys not read the thread until now? ''Gamble'' does not only mean dice, roulette or house edge games. Poker is gambling too and sport betting is considered gambling aswell and we all know profesional poker players or profesional tipsters so obviously it's possible with those games.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
November 26, 2015, 09:45:59 AM
Gambling shouldn't be played for making profits because it is not meant for that purpose instead just use it for fun or entertainment than it should be fine otherwise you will lose money more than making.
That's right. I played cards with friends many times for a small prize pool like a couple beers and we had so much fun. Those who won were happy even though the prize was small and those that lost were happy for the exact same reason. Once you start gambling for fun you'll be much happier.
hero member
Activity: 532
Merit: 500
November 26, 2015, 08:20:46 AM
Gambling shouldn't be played for making profits because it is not meant for that purpose instead just use it for fun or entertainment than it should be fine otherwise you will lose money more than making.
hero member
Activity: 588
Merit: 500
November 26, 2015, 08:09:04 AM
Gambling can never be profitable in the long term if you gamble and know when to stop then yeah

There are plenty of people that gamble professionally and are able to make a living at it, but there are way, way more that end up losing - losing it all or losing enough to know that professional gambling isn't for them.  Even the successful professionals are only on the winning side like 56% of the time, so even being a winning professional gambler you still lose about 40% of the time.

Both of you are right, exceptions are everywhere. We are not the same, everyone have unique style so this is not conversation where we can talk with facts. Its more like destiny smile for some people and for some not. End of disccusion, we all can try and to see how its going.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
November 26, 2015, 08:05:23 AM
Gambling can be very profitable in long term and you can earn lot of money on daily basis if you own casino, but if you are gambler, math cant be beaten at long enough period. (PvP gambling could be exception, but you also need lot of luck no matter how skilled you are).
as i know in my experience when im try to gamble long-term is always lose on my calculation. so i guess wrong if you have think long term way in gambling will give you some profit
Jump to: