Can gambling be profitable in long term ? - page 159.

BTCevo

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Quote from: WhatTheGox on November 09, 2015, 06:53:21 AM

Quote from: Erza on November 07, 2015, 12:04:02 PM

Quote from: BTC Tipster on November 07, 2015, 11:18:17 AM

It maybe but depends on the way you do!

You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

People do well on sports betting and can make a living. There is a guy who made the WSOP final table this year who was originally a poker professional but was making more from sports betting so he quit poker full time for that.

But I guess that is one in a million that have that kind of luck and skill to play it because this is gambling sometimes you win and sometimes you lose. So there is no guarantee that you will end up to be rich just from gambling thing

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Quote from: harizen on November 09, 2015, 07:33:27 AM

Quote from: GannickusX on November 09, 2015, 07:26:38 AM

Quote from: harizen on November 09, 2015, 07:04:46 AM

Quote from: tradoz on November 09, 2015, 07:00:22 AM

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Only 1% of people can make long term profit in sports, if you are someone who likes to watch a lot of football, sure go for it and try it but for the average person is not a good investment long term, actually no gambling game is. If you really want to profit long term, somewhat guaranteed you should not gamble.

First of all Im not saying that you do sports bet for a long term. The key here is to make profit whenever you bet in sports betting. You are right gambling really guaranteed to make you profit for a long term and it's stated million times here in this thread.

I will gave you an example ; like in NBA today ; I will pick GSW as an example playing against NJ. That's a 90% winning rate for GSW. 10% is for losing rate. You will have low odds here for GSW so my strategy is to bet high for GSW. Chances of winnings here is high but you will have a small profit. At least a profit.

Make wise when doing a sports betting. That's all.

In sport betting there are no real odds, if the odds are 3:1 that doesnt mean the team with 3 have 3 times the chances to win, those are not real winning rates of the teams, there is no way to know the real odds unlike other gambling games, in dice if you have 49% win chance, thats the real win chance.

Revelation Machine

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Quote from: Betwrong on November 09, 2015, 10:54:16 AM

Quote from: harizen on November 09, 2015, 07:04:46 AM

Quote from: tradoz on November 09, 2015, 07:00:22 AM

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Since some of the sport events are arranged, no analyzations or qualitative opinions will help you to predict the result of a game in those cases. So IMO sports betting is not better than any other.

Gambling is a extremely high risk thing if your going to do it.
Its very rare that the predictions of a gambler is right.

Betwrong

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Quote from: harizen on November 09, 2015, 07:04:46 AM

Quote from: tradoz on November 09, 2015, 07:00:22 AM

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Since some of the sport events are arranged, no analyzations or qualitative opinions will help you to predict the result of a game in those cases. So IMO sports betting is not better than any other.

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Quote from: GannickusX on November 09, 2015, 07:26:38 AM

Quote from: harizen on November 09, 2015, 07:04:46 AM

Quote from: tradoz on November 09, 2015, 07:00:22 AM

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Only 1% of people can make long term profit in sports, if you are someone who likes to watch a lot of football, sure go for it and try it but for the average person is not a good investment long term, actually no gambling game is. If you really want to profit long term, somewhat guaranteed you should not gamble.

agree with you and in fact only the lucky person can playing long term but not sure they can survive, because when you spend a lot of time for gamble. you will face situation confused and you will lose when you confused or bored. " lucky is not always long time at your side"

harizen

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Quote from: GannickusX on November 09, 2015, 07:26:38 AM

Quote from: harizen on November 09, 2015, 07:04:46 AM

Quote from: tradoz on November 09, 2015, 07:00:22 AM

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Only 1% of people can make long term profit in sports, if you are someone who likes to watch a lot of football, sure go for it and try it but for the average person is not a good investment long term, actually no gambling game is. If you really want to profit long term, somewhat guaranteed you should not gamble.

First of all Im not saying that you do sports bet for a long term. The key here is to make profit whenever you bet in sports betting. You are right gambling really guaranteed to make you profit for a long term and it's stated million times here in this thread.

I will gave you an example ; like in NBA today ; I will pick GSW as an example playing against NJ. That's a 90% winning rate for GSW. 10% is for losing rate. You will have low odds here for GSW so my strategy is to bet high for GSW. Chances of winnings here is high but you will have a small profit. At least a profit.

Make wise when doing a sports betting. That's all.

GannickusX

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Quote from: harizen on November 09, 2015, 07:04:46 AM

Quote from: tradoz on November 09, 2015, 07:00:22 AM

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Only 1% of people can make long term profit in sports, if you are someone who likes to watch a lot of football, sure go for it and try it but for the average person is not a good investment long term, actually no gambling game is. If you really want to profit long term, somewhat guaranteed you should not gamble.

harizen

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Quote from: tradoz on November 09, 2015, 07:00:22 AM

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

tradoz

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Quote from: WhatTheGox on November 09, 2015, 06:53:21 AM

Quote from: Erza on November 07, 2015, 12:04:02 PM

Quote from: BTC Tipster on November 07, 2015, 11:18:17 AM

It maybe but depends on the way you do!

You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

People do well on sports betting and can make a living. There is a guy who made the WSOP final table this year who was originally a poker professional but was making more from sports betting so he quit poker full time for that.

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

WhatTheGox

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Quote from: Erza on November 07, 2015, 12:04:02 PM

Quote from: BTC Tipster on November 07, 2015, 11:18:17 AM

It maybe but depends on the way you do!

You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

People do well on sports betting and can make a living. There is a guy who made the WSOP final table this year who was originally a poker professional but was making more from sports betting so he quit poker full time for that.

harizen

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Lots of repeated discussions here but I think some of the gamblers today still doesn't realized and knows exactly the answer of for the thread title.

If that's the case, maybe one must try it personally so he/she will know the right answer.

Eastwind

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In long term, gambling is unprofitable for gamblers as the gamblers as a whole have to pay the services provided by casino. Casinos have a house edge against the gamblers as they have to make a profit. This is not different from other industry. We pay to watch film, to play in the Disney parks. So gambling is not profitable for gamblers in long term.

StevenLiang

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Quote from: BTC Tipster on November 07, 2015, 11:18:17 AM

It maybe but depends on the way you do!

You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

Actually gambling cannot be more profitable compared to real business.
But sometimes (in short-term) sport betting maybe can give some small profit, and when people start to think they can earn profit from gambling.
Then they got trapped.

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Yes gambling make me addictive in long term Grin

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Quote from: phibay on November 07, 2015, 12:12:09 PM

Quote from: Erza on November 07, 2015, 12:04:02 PM

Quote from: BTC Tipster on November 07, 2015, 11:18:17 AM

It maybe but depends on the way you do!

You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

i think what he mean is depend on the game you are playing. but i dont agree with it, its still gambling no matter what. it will only depend on the luck of every person

Maybe his telling about sports betting. I agree when it comes to sports betting of course if you are sports fan. You can win than to lose. Because you know all players or team how they play in court. Its more simplest gambling is sports betting I wish I have reach the bet amount so I can bet sports gambling.

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Quote from: yakelbtc on November 08, 2015, 11:43:11 PM

Gambling is not profitable, if you want to have profitable for long term go for investment this is surely you can take profits in long term unlike gambling that will lost your in a long run.

You can't always win in gambling and that is gambling sometimes you win and sometimes you lost
If you lose today, you know when to stop it and play again for next time.

BTCevo

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Quote from: panjul07 on November 07, 2015, 12:43:12 PM

Quote from: phibay on November 07, 2015, 12:12:09 PM

Quote from: Erza on November 07, 2015, 12:04:02 PM

Quote from: BTC Tipster on November 07, 2015, 11:18:17 AM

It maybe but depends on the way you do!

You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

i think what he mean is depend on the game you are playing. but i dont agree with it, its still gambling no matter what. it will only depend on the luck of every person

Yes luck takes the most important part on gambling, but you need to be wise on gambling by choosing the appropriate game for yourself.
Will you play a game that you do not understand at all? NO, right?

If you didnt understand about the game how are you going to play it? You will lose it for sure. That is common thing. But to choose which one is appropriate to yourselves I dont think anyone could get one because all gambling games depends on your luck so you can't choose either it is suitable for you or not

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Quote from: yakelbtc on November 08, 2015, 11:43:11 PM

Gambling is not profitable, if you want to have profitable for long term go for investment this is surely you can take profits in long term unlike gambling that will lost your in a long run.

That is true. In gambling one try to make profits every day most likely they will lose all their money at the end because gambling need a luck but luck comes some times only. So if one want a long term profits then they must invest money in like share market or gold or in real estate to make profits over the time.

yakelbtc

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Gambling is not profitable, if you want to have profitable for long term go for investment this is surely you can take profits in long term unlike gambling that will lost your in a long run.

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gambling is not a permanent job. everyone wants a stable income. gambling is just a job that you can do when you have some money to wager.

Topic: Can gambling be profitable in long term ? - page 159. (Read 112232 times)