Can gambling be profitable in long term ? - page 17.

zoomzoom

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Quote from: lorylore on August 19, 2017, 07:48:25 AM

Quote from: Cazkys on August 17, 2017, 02:24:36 PM

Gambling can be a profitable in a long term period if you’re patient enough but $50-$100 everyday is a tad bit impossible. There are gambling games that will earn you serious dough tho. If you have the skills and discipline then you can make a profit off of it. It can be profitable in long term as long as you’re winning more than losing. But I think you’re better off finding a stable job, that is the epitome, I think, of profitable in long term.

Can you tell me how you are able to do that. The game are designed to make you lose so how can you overcome that probability. If you are telling me some strategy like double your bet, then you are so wrong in the first place. It is possible to win like 0.1% or 1% or even 10% of your base in day and you can win for days, however when you lose, you will lose a lot more than what you win. That is why in the long run, people are losing and casino is winning.

edge finding and poker he probably means. All other casino type games are -ev.

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Quote from: lorylore on August 19, 2017, 07:48:25 AM

Quote from: Cazkys on August 17, 2017, 02:24:36 PM

Gambling can be a profitable in a long term period if you’re patient enough but $50-$100 everyday is a tad bit impossible. There are gambling games that will earn you serious dough tho. If you have the skills and discipline then you can make a profit off of it. It can be profitable in long term as long as you’re winning more than losing. But I think you’re better off finding a stable job, that is the epitome, I think, of profitable in long term.

Can you tell me how you are able to do that. The game are designed to make you lose so how can you overcome that probability. If you are telling me some strategy like double your bet, then you are so wrong in the first place. It is possible to win like 0.1% or 1% or even 10% of your base in day and you can win for days, however when you lose, you will lose a lot more than what you win. That is why in the long run, people are losing and casino is winning.

Casinos are not our friends. They try to keep their players in gambling while they are the ones who actually make long term profits. All the games are designed to snatch our money from our pockets. They let us win at times because this is the bit they throw to keep gamblers interest.

lesom

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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

lorylore

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Quote from: Cazkys on August 17, 2017, 02:24:36 PM

Gambling can be a profitable in a long term period if you’re patient enough but $50-$100 everyday is a tad bit impossible. There are gambling games that will earn you serious dough tho. If you have the skills and discipline then you can make a profit off of it. It can be profitable in long term as long as you’re winning more than losing. But I think you’re better off finding a stable job, that is the epitome, I think, of profitable in long term.

Can you tell me how you are able to do that. The game are designed to make you lose so how can you overcome that probability. If you are telling me some strategy like double your bet, then you are so wrong in the first place. It is possible to win like 0.1% or 1% or even 10% of your base in day and you can win for days, however when you lose, you will lose a lot more than what you win. That is why in the long run, people are losing and casino is winning.

Kava

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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.

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Quote from: South Park on August 17, 2017, 04:59:21 PM

Quote from: gabmen on August 17, 2017, 12:04:08 PM

Quote from: daronch on August 17, 2017, 06:02:20 AM

Most gambling activities are not profitable at all. In fact, they're losing propositions. That's how the house makes money.

There are exceptions though. May want to read up on which types of games are possible to an edge.

Even these games you're talking about that in a way can give you an edge in winming, its still not for long term. Any kind of gambling isnt for long term profits. If you:re looking for long term earnongs, might as well do trading or investing

Getting an edge long term in some games is possible but it is something really hard to achieve, since it is obvious that the house has set their games to favor themselves so only in games like poker where you are playing against other players is where you can find yourself earning some profits but it is not easy.

Well the casino does need to make a profit off the players otherwise what will they earn? But its true that in EV+ games people can often get an edge over others if they are lucky - again luck is important. In PvP games it is definitely experience and practice of the players that pays off and some luck is involved as well. In the long term the only winner is the house and not the players.

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Quote from: erwin45hacked on August 19, 2017, 12:41:26 AM

Quote from: rabeh boukhnona on August 18, 2017, 11:18:12 PM

if you play dice or casion i don't think because i don't trust them, for sports betting is another story and of corse you can be profitablr in long term that's dpending in your experience and how many years you are waching and following sports, even if u r a noob you can buy some premium picks Wink

It is pretty much the same but people keep thinking that they have better chance in sportsbetting. In fact sportsbetting has higher house edge so in the long term you are most likely going to lose. It wont really benefit us in the long term but people keep saying with the right 'analysis' of the game things might be changing

in fact in sports betting people also have the edge because they can use their analysis and experience and then decide to take a step, therefore i will like to say that sports betting is more profitable as compare to casino betting where we cannot use depend only on our luck and cannot use our experience and analysis.

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Quote from: boyptc on August 19, 2017, 01:09:31 AM

Quote from: IAMYOURLEADER on August 18, 2017, 10:56:38 PM

In this business, if you really want to earn big you must invest huge capital to possibly win but only on short term. If you invest in small amount of money in the bankroll, well don't expect that you are going to earn big income either in short term or long term.

Very much applicable in gambling because we can't go on if we do have a very small amount of capital / bankroll. Also try to give time to yourself a break to invest into bankroll's of gambling sites, this is one of the ways that you can profit in a longer term.

I think that's the easiest way to be profitable in gambling, we side with the house so we can make money like them.
We can only be profitable if we have that skills and talent to be a successful gambler and usually it does not happen in an instant, you have to go through a lot of adjustment but in the end you will be rewarded because you will be successful in the long run.

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Quote from: boyptc on August 19, 2017, 01:09:31 AM

Quote from: IAMYOURLEADER on August 18, 2017, 10:56:38 PM

In this business, if you really want to earn big you must invest huge capital to possibly win but only on short term. If you invest in small amount of money in the bankroll, well don't expect that you are going to earn big income either in short term or long term.

Very much applicable in gambling because we can't go on if we do have a very small amount of capital / bankroll. Also try to give time to yourself a break to invest into bankroll's of gambling sites, this is one of the ways that you can profit in a longer term.

Yes, its also involves big amount of bankroll to be able to won big. This is also applicable even in a landbased casino slots machine. I see a lot of gamblers who have already big amount of money but not withdrawing because they are betting max and they are targeting to get the big bonus, which only gives, once you max bet on certain machines. But for those who have small capital to begin, you can still win but not that much, unless you are extremely lucky to hit the jackpot with small bet.

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Quote from: IAMYOURLEADER on August 18, 2017, 10:56:38 PM

In this business, if you really want to earn big you must invest huge capital to possibly win but only on short term. If you invest in small amount of money in the bankroll, well don't expect that you are going to earn big income either in short term or long term.

Very much applicable in gambling because we can't go on if we do have a very small amount of capital / bankroll. Also try to give time to yourself a break to invest into bankroll's of gambling sites, this is one of the ways that you can profit in a longer term.

erwin45hacked

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Quote from: rabeh boukhnona on August 18, 2017, 11:18:12 PM

if you play dice or casion i don't think because i don't trust them, for sports betting is another story and of corse you can be profitablr in long term that's dpending in your experience and how many years you are waching and following sports, even if u r a noob you can buy some premium picks Wink

It is pretty much the same but people keep thinking that they have better chance in sportsbetting. In fact sportsbetting has higher house edge so in the long term you are most likely going to lose. It wont really benefit us in the long term but people keep saying with the right 'analysis' of the game things might be changing

CraigWrightBTC

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Quote from: IAMYOURLEADER on August 18, 2017, 10:56:38 PM

In this business, if you really want to earn big you must invest huge capital to possibly win but only on short term. If you invest in small amount of money in the bankroll, well don't expect that you are going to earn big income either in short term or long term.

I don't think if we use huge capital to play gambling will be profitable in long time because play gambling depend on the lucky of gamblers but with large of capital will be more good to makes gambling games website, it has chance to getting profit from fees transaction on gambling games than just play gambling with large of capital.

rabeh boukhnona

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if you play dice or casion i don't think because i don't trust them, for sports betting is another story and of corse you can be profitablr in long term that's dpending in your experience and how many years you are waching and following sports, even if u r a noob you can buy some premium picks Wink

IAMYOURLEADER

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In this business, if you really want to earn big you must invest huge capital to possibly win but only on short term. If you invest in small amount of money in the bankroll, well don't expect that you are going to earn big income either in short term or long term.

latosha

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yes it can be but not in casino

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Quote from: richkellj on August 18, 2017, 04:47:05 PM

Quote from: daronch on August 17, 2017, 06:02:20 AM

Most gambling activities are not profitable at all. In fact, they're losing propositions. That's how the house makes money.

There are exceptions though. May want to read up on which types of games are possible to an edge.

Gambling has not been profitable in most cases. The gamblers who have made a large amount of wealth from it are the ones who have either gambling charm or they do cheating. For such people, gambling produces long term profits and their proportion is very low. They are some rare cases. Other than that, gambling is not profitable in long terms.

Gambling is really not profitable in the long term. In the beginning of course you will win because of what they called 'beginners' luck. However, if you analyze, its just pure luck on your side. But thinking it can be profitable, we try go one more try again and eventually end up losing and you became addicted.

And instead of being profitable, you end up losing more. So its better to exit early when you still can and have your winnings in your pocket.

noninum

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I'm not sure, gambling can provide long-term benefits. If yes, of course in this world there are many gambler become millionaires. And reality is many gamblers become losers in their social class.

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Quote from: zoomzoom on August 17, 2017, 09:30:26 PM

Quote from: South Park on August 17, 2017, 04:59:21 PM

Quote from: gabmen on August 17, 2017, 12:04:08 PM

Quote from: daronch on August 17, 2017, 06:02:20 AM

Most gambling activities are not profitable at all. In fact, they're losing propositions. That's how the house makes money.

There are exceptions though. May want to read up on which types of games are possible to an edge.

Even these games you're talking about that in a way can give you an edge in winming, its still not for long term. Any kind of gambling isnt for long term profits. If you:re looking for long term earnongs, might as well do trading or investing

Getting an edge long term in some games is possible but it is something really hard to achieve, since it is obvious that the house has set their games to favor themselves so only in games like poker where you are playing against other players is where you can find yourself earning some profits but it is not easy.

And sports betting because there are no fixed odds (i.e the house cant predict the exact likelihood of events whereas they could in roulette) it is possible to profit long term through finding incorrectly priced markets, but as the house is directly effected by you winning it's much harder to profit long term than poker, where the house don't really care who wins or loses long term. Sports betting bookmakers will close or limit accounts of successful long term sports betters, so half the job is getting new accounts opened in friends/ relatives names. Also there are some bookmakers who have extremely sharp (accurate) lines, and they don't limit users, but these are so hard to profit on, I'd say less than 0.2% of all sports betters can profit on these, mainly big companies with bots that place bets in milliseconds of a price becoming available.

Sports bets also fall in that category since it is impossible for them to calculate the odds precisely of something that is so random so once in a while bets with good odds for the bettor are going to appear and the clever sports bettor will take that opportunity and profit from it.

richkellj

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Quote from: daronch on August 17, 2017, 06:02:20 AM

Most gambling activities are not profitable at all. In fact, they're losing propositions. That's how the house makes money.

There are exceptions though. May want to read up on which types of games are possible to an edge.

Gambling has not been profitable in most cases. The gamblers who have made a large amount of wealth from it are the ones who have either gambling charm or they do cheating. For such people, gambling produces long term profits and their proportion is very low. They are some rare cases. Other than that, gambling is not profitable in long terms.

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Quote from: Inkvor on September 22, 2015, 07:20:38 AM

Quote from: coolkiller on September 22, 2015, 07:17:19 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.

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