Topic: Can gambling be profitable in long term ? - page 16. (Read 112258 times)

Quote from: 8Habits on August 21, 2017, 08:53:22 PM

Those games that are based only on luck can not bring constant profit, but sports bets that can be analyzed with the right approach can make a profit. But I do not consider this a good option for earning.

They are really not the best way to make money and of course in many countries they are banned as well and illegal. I think sports betting is better than simply betting on dice and other casino games. All EV- games need luck and no skills are involved there - either you are lucky or not. But in Poker and sports betting there are ways to outsmart the opponent and you can use your skills to win the games.

sports betting is definitely one of the ways you can reliably make profit, but it requires a lot of research and time to reliably predict outcomes.

From the available data, the outcome can be predicted but predictions can be wrong. Me and one of my friends use to bet on cricket years ago.

He was a big fan of cricket, knowing all the details and I hardly knew the name of whole team but still he only won two bets in whole life. He used analysis while I relied on my guts. However, now the success percentage is shown on the TV "during the match" and it is always right.

The scene in sports betting is also biased specially in cricket and the Indian cricket industry runs on match fixing. Everyone knows that still people go crazy over matches. Almost all matches are fixed and they are how the bookies are run. So the fixed matches are both easy and tough to predict because in this case the luck factor comes into play and it becomes like dice unless the match ends in a draw - even then it may be fixed match no one will know it except the bookie.

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Quote from: Lanatsa on August 21, 2017, 11:51:23 AM

Quote from: 8Habits on August 21, 2017, 11:48:48 AM

Quote from: TheUltraElite on August 21, 2017, 09:37:52 AM

Quote from: ardentvolcanoes on August 20, 2017, 09:42:02 AM

Quote from: Lanatsa on August 21, 2017, 11:51:23 AM

It seems to me gambling is sand in the eyes, falling on blind luck is reckless, there are rumors of the legendary gamblers who live pripivayuchi, although more people are grieving only typed. In general, my answer is no, can not

its always depend for those who played gambled if you are responsible gambler maybe you can say you can get some profits in the long run since you understand
how the game works but if you are just relying with luck I will agree that there's no chance to gain profits instead big losses will happen.

Well if you play something like dice then there is nothing that you need to learn about the game - just how it works will do you anyone. What I mean to say that is all luck based games are just the same because in the end the house edge will always win and not the players. However if you try the EV+ games and PvP games then there is a method to win because you can try to outsmart the opponent.

Dice game is really based on a pure luck game. No amount of strategies will be going to work with dice - when you see that one of your strategies is perfectly doing well at the moment, mind you when you keep on betting more, you will just be surprised that your bankroll will be depleted in just one blink of an eye.

Its not surprising anymore and this is how its works and this is the common results on playing dice this is why we should really not expect that we can able to make money on playing gambling for long term targets.
Profitable only for those professional gamblers butt only to those games who do need technique,analysis and experience like on card games and sports bettings.

long term playing will be very vulnerable to the house edge advantage.. That is the fact and most of the gamblers know it from the beginning but still risks because of the thought and hope to win big in just a short period of time.

If you think about it, the more you play, the chances of you losing, is increasing. When the house edge is 1%, as you continue, those percentage would increase and add up to the total games you played, meaning more chance to lose. You can never really say if you're going to win or not but those are numbers, unless you are really lucky.

8Habits

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Quote from: 8Habits on August 21, 2017, 11:48:48 AM

Quote from: TheUltraElite on August 21, 2017, 09:37:52 AM

Quote from: ardentvolcanoes on August 20, 2017, 09:42:02 AM

Quote from: subSTRATA on August 20, 2017, 04:14:27 AM

It seems to me gambling is sand in the eyes, falling on blind luck is reckless, there are rumors of the legendary gamblers who live pripivayuchi, although more people are grieving only typed. In general, my answer is no, can not

its always depend for those who played gambled if you are responsible gambler maybe you can say you can get some profits in the long run since you understand
how the game works but if you are just relying with luck I will agree that there's no chance to gain profits instead big losses will happen.

Well if you play something like dice then there is nothing that you need to learn about the game - just how it works will do you anyone. What I mean to say that is all luck based games are just the same because in the end the house edge will always win and not the players. However if you try the EV+ games and PvP games then there is a method to win because you can try to outsmart the opponent.

Dice game is really based on a pure luck game. No amount of strategies will be going to work with dice - when you see that one of your strategies is perfectly doing well at the moment, mind you when you keep on betting more, you will just be surprised that your bankroll will be depleted in just one blink of an eye.

Its not surprising anymore and this is how its works and this is the common results on playing dice this is why we should really not expect that we can able to make money on playing gambling for long term targets.
Profitable only for those professional gamblers butt only to those games who do need technique,analysis and experience like on card games and sports bettings.

long term playing will be very vulnerable to the house edge advantage.. That is the fact and most of the gamblers know it from the beginning but still risks because of the thought and hope to win big in just a short period of time.

Whosdaddy

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Quote from: TheUltraElite on August 20, 2017, 02:47:46 AM

Quote from: Lanatsa on August 21, 2017, 11:51:23 AM

Those games that are based only on luck can not bring constant profit, but sports bets that can be analyzed with the right approach can make a profit. But I do not consider this a good option for earning.

They are really not the best way to make money and of course in many countries they are banned as well and illegal. I think sports betting is better than simply betting on dice and other casino games. All EV- games need luck and no skills are involved there - either you are lucky or not. But in Poker and sports betting there are ways to outsmart the opponent and you can use your skills to win the games.

sports betting is definitely one of the ways you can reliably make profit, but it requires a lot of research and time to reliably predict outcomes.

From the available data, the outcome can be predicted but predictions can be wrong. Me and one of my friends use to bet on cricket years ago.

He was a big fan of cricket, knowing all the details and I hardly knew the name of whole team but still he only won two bets in whole life. He used analysis while I relied on my guts. However, now the success percentage is shown on the TV "during the match" and it is always right.

fullypak

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Quote from: 8Habits on August 21, 2017, 11:48:48 AM

Quote from: TheUltraElite on August 21, 2017, 09:37:52 AM

Quote from: ardentvolcanoes on August 20, 2017, 09:42:02 AM

Quote from: 8Habits on August 21, 2017, 11:48:48 AM

It seems to me gambling is sand in the eyes, falling on blind luck is reckless, there are rumors of the legendary gamblers who live pripivayuchi, although more people are grieving only typed. In general, my answer is no, can not

its always depend for those who played gambled if you are responsible gambler maybe you can say you can get some profits in the long run since you understand
how the game works but if you are just relying with luck I will agree that there's no chance to gain profits instead big losses will happen.

Well if you play something like dice then there is nothing that you need to learn about the game - just how it works will do you anyone. What I mean to say that is all luck based games are just the same because in the end the house edge will always win and not the players. However if you try the EV+ games and PvP games then there is a method to win because you can try to outsmart the opponent.

Dice game is really based on a pure luck game. No amount of strategies will be going to work with dice - when you see that one of your strategies is perfectly doing well at the moment, mind you when you keep on betting more, you will just be surprised that your bankroll will be depleted in just one blink of an eye.

Its not surprising anymore and this is how its works and this is the common results on playing dice this is why we should really not expect that we can able to make money on playing gambling for long term targets.
Profitable only for those professional gamblers butt only to those games who do need technique,analysis and experience like on card games and sports bettings.

Card games, other knowledge based games like poker and sports betting are profitable but not in the long term. We can win our bet if we do correct analysis. But Dice game is pure luck based game. You play this game to get fun if you play this game to make money you will lose all money in long run. all games in gambling is not profitable in the long run all are short term profitable games.

Lanatsa

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Quote from: TheUltraElite on August 21, 2017, 09:37:52 AM

Quote from: ardentvolcanoes on August 20, 2017, 09:42:02 AM

Quote from: TheUltraElite on August 21, 2017, 09:37:52 AM

It seems to me gambling is sand in the eyes, falling on blind luck is reckless, there are rumors of the legendary gamblers who live pripivayuchi, although more people are grieving only typed. In general, my answer is no, can not

its always depend for those who played gambled if you are responsible gambler maybe you can say you can get some profits in the long run since you understand
how the game works but if you are just relying with luck I will agree that there's no chance to gain profits instead big losses will happen.

Well if you play something like dice then there is nothing that you need to learn about the game - just how it works will do you anyone. What I mean to say that is all luck based games are just the same because in the end the house edge will always win and not the players. However if you try the EV+ games and PvP games then there is a method to win because you can try to outsmart the opponent.

Dice game is really based on a pure luck game. No amount of strategies will be going to work with dice - when you see that one of your strategies is perfectly doing well at the moment, mind you when you keep on betting more, you will just be surprised that your bankroll will be depleted in just one blink of an eye.

Its not surprising anymore and this is how its works and this is the common results on playing dice this is why we should really not expect that we can able to make money on playing gambling for long term targets.
Profitable only for those professional gamblers butt only to those games who do need technique,analysis and experience like on card games and sports bettings.

8Habits

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Quote from: ardentvolcanoes on August 20, 2017, 09:42:02 AM

Quote from: ardentvolcanoes on August 20, 2017, 09:42:02 AM

It seems to me gambling is sand in the eyes, falling on blind luck is reckless, there are rumors of the legendary gamblers who live pripivayuchi, although more people are grieving only typed. In general, my answer is no, can not

its always depend for those who played gambled if you are responsible gambler maybe you can say you can get some profits in the long run since you understand
how the game works but if you are just relying with luck I will agree that there's no chance to gain profits instead big losses will happen.

Well if you play something like dice then there is nothing that you need to learn about the game - just how it works will do you anyone. What I mean to say that is all luck based games are just the same because in the end the house edge will always win and not the players. However if you try the EV+ games and PvP games then there is a method to win because you can try to outsmart the opponent.

Dice game is really based on a pure luck game. No amount of strategies will be going to work with dice - when you see that one of your strategies is perfectly doing well at the moment, mind you when you keep on betting more, you will just be surprised that your bankroll will be depleted in just one blink of an eye.

TheUltraElite

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Quote from: onyok on August 17, 2017, 08:38:43 PM

It seems to me gambling is sand in the eyes, falling on blind luck is reckless, there are rumors of the legendary gamblers who live pripivayuchi, although more people are grieving only typed. In general, my answer is no, can not

its always depend for those who played gambled if you are responsible gambler maybe you can say you can get some profits in the long run since you understand
how the game works but if you are just relying with luck I will agree that there's no chance to gain profits instead big losses will happen.

Well if you play something like dice then there is nothing that you need to learn about the game - just how it works will do you anyone. What I mean to say that is all luck based games are just the same because in the end the house edge will always win and not the players. However if you try the EV+ games and PvP games then there is a method to win because you can try to outsmart the opponent.

guoyu78

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Quote from: Inkvor on September 22, 2015, 06:20:38 AM

Quote from: coolkiller on September 22, 2015, 06:17:19 AM

The only problem in online is cutting card you never know how deep your deck it....

You can never win over house in the long run in online casinos.
also you cant make steady profits from gambling ,its not a job ?

Yeah i agree with you. No one can never ever win in gambling in the long run. It is not also a profitable at all like just the other think. Yes you can have a profit on this but it is for a short time only but in the end of the day that small profit will be loose together with your capital and the is together with your all wealth.

A bitter truth but yes gambling is not profitable in long run. It may also be not profitable for some even in short run. : P But some people like pushing their luck.
Gambling is not a mean of earning and definitely you cannot rely on it. If somebody really wants to try it out, I suggest taking it as fun and go for it with little amount of fiat. BTC is not an option.

ardentvolcanoes

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Quote from: supandi wiharja on August 20, 2017, 08:08:32 AM

It seems to me gambling is sand in the eyes, falling on blind luck is reckless, there are rumors of the legendary gamblers who live pripivayuchi, although more people are grieving only typed. In general, my answer is no, can not

its always depend for those who played gambled if you are responsible gambler maybe you can say you can get some profits in the long run since you understand
how the game works but if you are just relying with luck I will agree that there's no chance to gain profits instead big losses will happen.

abayan

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I do not think gambling is profitable, because when i win and bet again, money from victory can not cover defeat.
I think gambling is a Mystery can not be determined when we win or lose.
Profitable gambling for the long term in my opinion is not possible ..

When you won you bet again and its your choice so if you lose it you can't earn it back. Gambling has no mystery to determined because it is run by a system of machines or system of seed. But not all because there are some games which you can play freely without a computer or system opponent, it is still profitable for the gamblers who knows to manage their money and playing.

jamyr

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Quote from: crwth on August 20, 2017, 04:01:21 AM

Quote from: kemonojim on August 20, 2017, 03:22:44 AM

Quote from: Ziskinberg on July 31, 2017, 11:45:14 PM

gambling is wrong way to get profit, gambling just wasting your money, you will never get any profit in long term, better buying some vga and earning from mining

You are right but there are some mebers here are relying on gambling for their daily expenses im also one of them but im playing once a week on sports betting and put all my funds in one game only.

if you've read many threads in the gambling discussion so you must have read there's someone who earn income from gambling with a smarts way they can make a profit. it's true gambling is not intended for long term if you are not professional in gambling.

Hmm I also have confidence in someone who is earning that always stay in the gambling. Where they can get it because the intelligence they play gambling they do flow, but indeed it takes quite a long time in order to get results that match your expectations. One of the things that it does have to have is self control and analysis, if that's what you get 100% you will get many advantages.

There are strategies that could be studied and be benefited with the right application and the right emotion when gambling. For sure, there are ways that you could really profit from gambling all the time but it's probably a secret and would keep it to yourself because you won't know what could happen if there are a lot of people using your strategy.

One of those would be how to properly manage your bankroll.
"isnortbooze" of betcoin.ag have some tips/articles regarding poker.

Learned a lot from there, but can't apply most of the time.

supandi wiharja

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I do not think gambling is profitable, because when i win and bet again, money from victory can not cover defeat.
I think gambling is a Mystery can not be determined when we win or lose.
Profitable gambling for the long term in my opinion is not possible ..

eann014

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Quote from: shulio on July 31, 2017, 09:11:37 PM

Quote from: eann014 on July 31, 2017, 08:39:26 PM

I agree, I am also a gambler before and I am addicted. I want to play everyday, if not I will everything just to make it happen, I am just losing and not winning in a long run. As the days past, I realize that gambling is just not helping me. I am just enjoyinh but there is no benefit with it. So gambling in a long run is not profitable.

Gambling is not helping you to get money but Im sure that you are having fun in gambling. I was like that as well and I changed my perspective, that is why I only play with a small amount for fun . If I keep doing this, I dont have to worry about losing money in the long term because it is only a small amount

In my point of view, gambling is not something that could give us a profit, it is something that we can do for fun while we are spending our money.
Although it is not impossible to win in the long run but the gambler who can do that are only the ones who has an extreme talent or we can call him a gifted person to do gambling as his passion. Many have tried to go that path to make money but most of them failed, and I can say I am one of them.

So, we are the same. Grin

We are all not winning in a long term. For me, gambling is not really helping us, but depend on a person on how they can use gambling, if they just wanted to enjoy or earn profit. Many gamblers are into profit but not all of us became successful. So better to avoid gambling and just play occasionally.

subSTRATA

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:^)

Quote from: crwth on August 20, 2017, 04:01:21 AM

Quote from: kemonojim on August 20, 2017, 03:22:44 AM

Quote from: TheUltraElite on August 20, 2017, 02:47:46 AM

gambling is wrong way to get profit, gambling just wasting your money, you will never get any profit in long term, better buying some vga and earning from mining

You are right but there are some mebers here are relying on gambling for their daily expenses im also one of them but im playing once a week on sports betting and put all my funds in one game only.

if you've read many threads in the gambling discussion so you must have read there's someone who earn income from gambling with a smarts way they can make a profit. it's true gambling is not intended for long term if you are not professional in gambling.

Hmm I also have confidence in someone who is earning that always stay in the gambling. Where they can get it because the intelligence they play gambling they do flow, but indeed it takes quite a long time in order to get results that match your expectations. One of the things that it does have to have is self control and analysis, if that's what you get 100% you will get many advantages.

There are strategies that could be studied and be benefited with the right application and the right emotion when gambling. For sure, there are ways that you could really profit from gambling all the time but it's probably a secret and would keep it to yourself because you won't know what could happen if there are a lot of people using your strategy.

your emotions have nothing to do with a game of chance. maybe it''ll cause you to gravitate towards poor decisions, but your emotions will have zero effect on the game itself. and unless the game is set in an environment where +EV is possible, you cannot reliably make profit. there is no secret to it. the few exceptions include poker, where a +EV is possible because of how the game is: you play vs the other players, not the house. the house stands to gain from a rake of the pot.

Quote from: kemonojim on August 20, 2017, 03:22:44 AM

Those games that are based only on luck can not bring constant profit, but sports bets that can be analyzed with the right approach can make a profit. But I do not consider this a good option for earning.

They are really not the best way to make money and of course in many countries they are banned as well and illegal. I think sports betting is better than simply betting on dice and other casino games. All EV- games need luck and no skills are involved there - either you are lucky or not. But in Poker and sports betting there are ways to outsmart the opponent and you can use your skills to win the games.

sports betting is definitely one of the ways you can reliably make profit, but it requires a lot of research and time to reliably predict outcomes.

crwth

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https://linktr.ee/crwthopia

gambling is wrong way to get profit, gambling just wasting your money, you will never get any profit in long term, better buying some vga and earning from mining

You are right but there are some mebers here are relying on gambling for their daily expenses im also one of them but im playing once a week on sports betting and put all my funds in one game only.

if you've read many threads in the gambling discussion so you must have read there's someone who earn income from gambling with a smarts way they can make a profit. it's true gambling is not intended for long term if you are not professional in gambling.

Hmm I also have confidence in someone who is earning that always stay in the gambling. Where they can get it because the intelligence they play gambling they do flow, but indeed it takes quite a long time in order to get results that match your expectations. One of the things that it does have to have is self control and analysis, if that's what you get 100% you will get many advantages.

There are strategies that could be studied and be benefited with the right application and the right emotion when gambling. For sure, there are ways that you could really profit from gambling all the time but it's probably a secret and would keep it to yourself because you won't know what could happen if there are a lot of people using your strategy.

kemonojim

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gambling is wrong way to get profit, gambling just wasting your money, you will never get any profit in long term, better buying some vga and earning from mining

You are right but there are some mebers here are relying on gambling for their daily expenses im also one of them but im playing once a week on sports betting and put all my funds in one game only.

if you've read many threads in the gambling discussion so you must have read there's someone who earn income from gambling with a smarts way they can make a profit. it's true gambling is not intended for long term if you are not professional in gambling.

Hmm I also have confidence in someone who is earning that always stay in the gambling. Where they can get it because the intelligence they play gambling they do flow, but indeed it takes quite a long time in order to get results that match your expectations. One of the things that it does have to have is self control and analysis, if that's what you get 100% you will get many advantages.

TheUltraElite

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So anyway, I applied as a merit source :)