Can gambling be profitable in long term ? - page 164.

cazkooo

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Quote from: Xenoph0bia on October 30, 2015, 08:07:15 AM

I am not sure about how much is the winning percentage but I can say that its definitely below 50 percent.

The chance to win and to lose is exactly 50 % if you see it from the point of view that the result will be only win or lose but if you calculate the chance to win then it is less than 1 % because of the house edge

Xenoph0bia

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Quote from: CasioK on October 29, 2015, 11:09:18 PM

Quote from: BitMaxz on October 28, 2015, 03:05:55 PM

Quote from: 1990BEARS on October 26, 2015, 07:26:12 PM

No you can not win and beat house edge with strategy
It's all luck

Do you think its all luck? For me this is base for a system of the game. You have 10% chances to win 90% for lose. so i f your capital has a 10% profit or much better just control your self not be greedy.. some gamblers if he wins and have a lot of profit he/she still playing because he want to double the profit.

I'm not able to accept that there are only 10% to win. I believe that we have equal chance for both winning or loosing. It must be a 50-50 chances in almost all type of gambling. That's the reason people are still believing that gambling are profitable in long run.

I am not sure about how much is the winning percentage but I can say that its definitely below 50 percent. I think loosing chances are more if you compare it with your wins. In the long run gambling can not be profitable as one day you will loose whatever you have earned from gambling.

harizen

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For support ➡️ help.bc.game

Forget gambling for now if you will play on house edge games.

Why? Not for the addiction, always losing or whatever gambling scenario.. It's just that..

..with the btc price really kicking so much, be wise in spending your coins.

frank26

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For a long time if you are in a gambling then it is profitable because you have experience about.Well gambling is not about experience it all about luck.But experience matters.

MinerHQ

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Quote from: yakelbtc on October 30, 2015, 04:02:34 AM

If you are investor or owner of gambling its always profitable no lost you unlike the player in gambling they can lost and they can win its depend on there luck on playing gambling.

owner of gambling sites are very few but many of them here are players so most likely they will lose over the time.

yakelbtc

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0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f

If you are investor or owner of gambling its always profitable no lost you unlike the player in gambling they can lost and they can win its depend on there luck on playing gambling.

Tstar

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Quote from: coinplus on October 30, 2015, 02:22:31 AM

Quote from: CasioK on October 29, 2015, 11:09:18 PM

Quote from: BitMaxz on October 28, 2015, 03:05:55 PM

Quote from: 1990BEARS on October 26, 2015, 07:26:12 PM

No you can not win and beat house edge with strategy
It's all luck

Do you think its all luck? For me this is base for a system of the game. You have 10% chances to win 90% for lose. so i f your capital has a 10% profit or much better just control your self not be greedy.. some gamblers if he wins and have a lot of profit he/she still playing because he want to double the profit.

I'm not able to accept that there are only 10% to win. I believe that we have equal chance for both winning or loosing. It must be a 50-50 chances in almost all type of gambling. That's the reason people are still believing that gambling are profitable in long run.

But the bitter truth is possibility of winning for us may be 10% or less. Only in some games we can expect the fair chances to win like the can check the hash seeds of the results of our gambling. Still I too agree gambling got more attractions to more people just for fun or like a earning source.

It's something wrong with the human nature Wink

We know, we all know that gambling will not make us rich but we keep on playing!
And the House always wins.

Quote

Rien ne va plus, les jeux sont faits

coinplus

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Quote from: CasioK on October 29, 2015, 11:09:18 PM

Quote from: BitMaxz on October 28, 2015, 03:05:55 PM

Quote from: 1990BEARS on October 26, 2015, 07:26:12 PM

No you can not win and beat house edge with strategy
It's all luck

Do you think its all luck? For me this is base for a system of the game. You have 10% chances to win 90% for lose. so i f your capital has a 10% profit or much better just control your self not be greedy.. some gamblers if he wins and have a lot of profit he/she still playing because he want to double the profit.

I'm not able to accept that there are only 10% to win. I believe that we have equal chance for both winning or loosing. It must be a 50-50 chances in almost all type of gambling. That's the reason people are still believing that gambling are profitable in long run.

But the bitter truth is possibility of winning for us may be 10% or less. Only in some games we can expect the fair chances to win like the can check the hash seeds of the results of our gambling. Still I too agree gambling got more attractions to more people just for fun or like a earning source.

MinerHQ

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Quote from: 1990BEARS on October 26, 2015, 07:26:12 PM

No you can not win and beat house edge with strategy
It's all luck

Yes that is correct but some times one can make some money from sports betting. Here also need luck but it is not fully depending on luck

gampher

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Quote from: CasioK on October 29, 2015, 11:09:18 PM

Quote from: BitMaxz on October 28, 2015, 03:05:55 PM

Quote from: 1990BEARS on October 26, 2015, 07:26:12 PM

No you can not win and beat house edge with strategy
It's all luck

Do you think its all luck? For me this is base for a system of the game. You have 10% chances to win 90% for lose. so i f your capital has a 10% profit or much better just control your self not be greedy.. some gamblers if he wins and have a lot of profit he/she still playing because he want to double the profit.

I'm not able to accept that there are only 10% to win. I believe that we have equal chance for both winning or loosing. It must be a 50-50 chances in almost all type of gambling. That's the reason people are still believing that gambling are profitable in long run.

No, it dosent has an equal chance ,there is a very low amount of house edge present out there just for the sake of casino's profits

CasioK

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Quote from: BitMaxz on October 28, 2015, 03:05:55 PM

Quote from: 1990BEARS on October 26, 2015, 07:26:12 PM

No you can not win and beat house edge with strategy
It's all luck

Do you think its all luck? For me this is base for a system of the game. You have 10% chances to win 90% for lose. so i f your capital has a 10% profit or much better just control your self not be greedy.. some gamblers if he wins and have a lot of profit he/she still playing because he want to double the profit.

I'm not able to accept that there are only 10% to win. I believe that we have equal chance for both winning or loosing. It must be a 50-50 chances in almost all type of gambling. That's the reason people are still believing that gambling are profitable in long run.

BitMaxz

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Quote from: 1990BEARS on October 26, 2015, 07:26:12 PM

No you can not win and beat house edge with strategy
It's all luck

Do you think its all luck? For me this is base for a system of the game. You have 10% chances to win 90% for lose. so i f your capital has a 10% profit or much better just control your self not be greedy.. some gamblers if he wins and have a lot of profit he/she still playing because he want to double the profit.

Aemon

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Are there skill games you can play to gamble? I would be interested in that? Do you know any websites that do that? How do they stay in business I am assuming it would be a very hard game to master.

Kevin77

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Quote from: Winalunt on October 28, 2015, 12:15:32 PM

Quote from: n2004al on October 28, 2015, 10:55:16 AM

Quote from: Tstar on October 26, 2015, 04:15:13 AM

Quote from: n2004al on October 26, 2015, 02:52:27 AM

Quote from: shulio on October 25, 2015, 12:39:27 AM

Quote from: klf on October 24, 2015, 07:05:36 PM

No one can be profitable for ever in gambling

I am right now profitable in my poker + sportsbook gambling. I may not be profitable forever but atleast right now im in profit. Some people can get profit if they know how to do it correctly

What does it mean to be correct in betting or playing poker? There are rules that must be followed or strategies than make you win? How time have you in betting and sport gambling? How is the time in profit during all this time? Can you be fair in your answers?

Yes, I might not die today but I may die tomorrow. Therefore, I may win today and I might lose tomorrow. Hence, on the long run we will all be dead.

For sure that you will not die today. Why must do this? You are winner in gambling. And when someone is winner in gambling is in the sky. Not under the ground. The problem is when you are in loss.

But why you didn't answered to my questions? You may write what you want and me the same. But in this way everyone of us will be considered not normal from those who read our posts. For example I don't understand why your don't answer to my questions? Seems strange to me. You don't want to discover your secrets in gambling?

i think there are some statistics and strategies or skills to win most of the time in betting
but they are useless for slots ,dice etc.. i think he meant to say that people can win sometimes ,its not impossible.

Yes along with skill set required games, gamblers may win some profits in long run. It means if the gamble does not require any luck but requires some skill set applying then it's possible to win in long run. So, gambling would be profitable in long run.

Winalunt

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Quote from: n2004al on October 28, 2015, 10:55:16 AM

Quote from: Tstar on October 26, 2015, 04:15:13 AM

Quote from: n2004al on October 26, 2015, 02:52:27 AM

Quote from: shulio on October 25, 2015, 12:39:27 AM

Quote from: klf on October 24, 2015, 07:05:36 PM

No one can be profitable for ever in gambling

I am right now profitable in my poker + sportsbook gambling. I may not be profitable forever but atleast right now im in profit. Some people can get profit if they know how to do it correctly

What does it mean to be correct in betting or playing poker? There are rules that must be followed or strategies than make you win? How time have you in betting and sport gambling? How is the time in profit during all this time? Can you be fair in your answers?

Yes, I might not die today but I may die tomorrow. Therefore, I may win today and I might lose tomorrow. Hence, on the long run we will all be dead.

For sure that you will not die today. Why must do this? You are winner in gambling. And when someone is winner in gambling is in the sky. Not under the ground. The problem is when you are in loss.

But why you didn't answered to my questions? You may write what you want and me the same. But in this way everyone of us will be considered not normal from those who read our posts. For example I don't understand why your don't answer to my questions? Seems strange to me. You don't want to discover your secrets in gambling?

i think there are some statistics and strategies or skills to win most of the time in betting
but they are useless for slots ,dice etc.. i think he meant to say that people can win sometimes ,its not impossible.

n2004al

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Quote from: Tstar on October 26, 2015, 04:15:13 AM

Quote from: n2004al on October 26, 2015, 02:52:27 AM

Quote from: shulio on October 25, 2015, 12:39:27 AM

Quote from: klf on October 24, 2015, 07:05:36 PM

No one can be profitable for ever in gambling

I am right now profitable in my poker + sportsbook gambling. I may not be profitable forever but atleast right now im in profit. Some people can get profit if they know how to do it correctly

What does it mean to be correct in betting or playing poker? There are rules that must be followed or strategies than make you win? How time have you in betting and sport gambling? How is the time in profit during all this time? Can you be fair in your answers?

Yes, I might not die today but I may die tomorrow. Therefore, I may win today and I might lose tomorrow. Hence, on the long run we will all be dead.

For sure that you will not die today. Why must do this? You are winner in gambling. And when someone is winner in gambling is in the sky. Not under the ground. The problem is when you are in loss.

But why you didn't answered to my questions? You may write what you want and me the same. But in this way everyone of us will be considered not normal from those who read our posts. For example I don't understand why your don't answer to my questions? Seems strange to me. You don't want to discover your secrets in gambling?

StevenLiang

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Quote from: n2004al on October 26, 2015, 02:52:27 AM

Quote from: shulio on October 25, 2015, 12:39:27 AM

Quote from: klf on October 24, 2015, 07:05:36 PM

No one can be profitable for ever in gambling

I am right now profitable in my poker + sportsbook gambling. I may not be profitable forever but atleast right now im in profit. Some people can get profit if they know how to do it correctly

What does it mean to be correct in betting or playing poker? There are rules that must be followed or strategies than make you win? How time have you in betting and sport gambling? How is the time in profit during all this time? Can you be fair in your answers?

I do same with shulio, i'm in profitable "colom" right now. I think i need to wd some of my winning balances into real money, before it goes to loss. Anyway, there are no "guarantee" strategies or "discipline" that can give 100% probably win on sportbooks bet or poker.

1990BEARS

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No you can not win and beat house edge with strategy
It's all luck

Alvin Fahriza

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Quote from: hua_hui on October 26, 2015, 06:53:02 PM

yah, it is always the case when u bet little and limited time that u earn. however, it will make u be greedy and think that the method will works for you. so u end up big way bigger and you stretch ur goal to be longer duration. this is where the loss will start to come in.

in long term you still run with little bet or huge bet will get you lose soon.
it's about control your self and mostly self of gambler are too greedy :3.

hua_hui

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yah, it is always the case when u bet little and limited time that u earn. however, it will make u be greedy and think that the method will works for you. so u end up big way bigger and you stretch ur goal to be longer duration. this is where the loss will start to come in.

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