Topic: Can gambling be profitable in long term ? - page 171. (Read 112258 times)
Gambling and winning profit everytime is only possible with infinite bankroll and you would be guaranteed not to lose. In reality, every casino games have a house edge which gives the house more chance to win in the long run while giving the gambler a -ve EV. Short term profits is still possible but long term wise, it is definitely not possible.
if you do the math, gambling isnt really profitable in the long run specially if you gamble in sites that have house edge. you can win but you need more luck than the average
Actually, just "house edge" make that in long term you can't win. Everything is about that if website is honesty and of course about luck ..
if you do the math, gambling isnt really profitable in the long run specially if you gamble in sites that have house edge. you can win but you need more luck than the average
Gambling in Long Term Depends upon the Bets that You select , actually is is quiet Risk to play in Long Turn , but i do have seen playing daily and winning around 1000k $ per week , so its not bad .
I generally loose in Long Term !
I generally loose in Long Term !
Not so long ago i have "adventure" with one machine - this one with fruits and stuff like that.. rolling one. I have been playing on very low stakes for maybe 2-3 months - 1-2 times per week, but after that i undersund that in one moment i can win - so i put higher stake and i star winning - was like that 2-3 weeks when i was so excited that i was increasing stakes and amounts - finally i didnt win nothing.. at least i didnt lose..jst my time..
There are sports bettors especially those bettors in some popular international event like when NBA FINALS starts, FIBA Asia or Championship in our Local Basketball League etc. who just placing there bet with only speculation and sometimes for showing some support in their team. Not all sports bettors are well experienced. Some are just riding the wave (like in our local thread where I placed bet for our local league, others try it without experience) and hope their beginner's luck will gain them profit.
I'd argue that a majority of bettors aren't particularly experienced. Most do it for a small amount of recreational fun more than anything else - just to get a kick out of the match. There are of course more serious bettors who watch all the matches and abide by some set of rules they set themselves and even more serious ones who develop predictive models and compile data regularly to try and find an edge - but these people (especially the latter) are extremely rare.
long-term profit is highly unlikely, But a winning wave is possible
gambling is not stable , it's game it depends in your luck, your strategy and so on. You can make a good profit and you can lose too, i think we have to don't forget this when gambling. So i think profitability in gambling not depending on time like other investment plans, it's simply depending in your luck and your strategy
Im regular gambler. In internet profit is unique. In real you have to know where you can win. How to know that? It will cost you enough to understand that it is not profitable 
There is just one rule - always win casino! For that it is so profitable business.
There is just one rule - always win casino! For that it is so profitable business.Could you provide some details of your strategies for us? What we know is gambling will not bring you regular income for ever.
Im regular gambler. In internet profit is unique. In real you have to know where you can win. How to know that? It will cost you enough to understand that it is not profitable There is just one rule - always win casino! For that it is so profitable business.
There is just one rule - always win casino! For that it is so profitable business. If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Do you know what kind of rules need to fallow to make regular income from gambling? As per me if your into gambling purely to make money then surely one day you will lose all your money so better gamble for fun or some times with little money. Mostly people even after couple of good wins but they still continue to make more money and end up losing every thing. So gamble with carefully to avoid bigger troubles
yes sometimes have good skills and a good experience against gambling, nonetheless you will experience a loss. except mafia gambling
but you are right, at least if we have a good skill, we not will always lose continuously
however dice is not effected by experience in any situation.
I don't think that Gambling is profitable in the long run. People can not win every time and sometime they will loose their money, if you make calculation of your profit and loss then the amount of loss in gambling will be more than what you have earned through out the gambling. So its better to play for fun and stay away from gambling addiction.
Imagine if many gambler won by long term, I can see many casino will frightened to operate it
I have friend that make profit by gambling on sport betting. And now he's enjoy as rich people.
This thread can be summarized as this:
It is highly unlikely that you will be profitable in a game where there is a house edge, not impossible, but highly unlikely.
Games with 0 house edge(poker, holdem) it is very possible to be profitable and people actually do this for a living.
It is highly unlikely that you will be profitable in a game where there is a house edge, not impossible, but highly unlikely.
Games with 0 house edge(poker, holdem) it is very possible to be profitable and people actually do this for a living.
I have friend that make profit by gambling on sport betting. And now he's enjoy as rich people.
This thread can be summarized as this:
It is highly unlikely that you will be profitable in a game where there is a house edge, not impossible, but highly unlikely.
Games with 0 house edge(poker, holdem) it is very possible to be profitable and people actually do this for a living.
It is highly unlikely that you will be profitable in a game where there is a house edge, not impossible, but highly unlikely.
Games with 0 house edge(poker, holdem) it is very possible to be profitable and people actually do this for a living.
Those skill based games are somehow profitable since your output will depend on your skills. Example for poker, luck is still part of the game since you are hoping for a good card combination, but with the right skill you can win even your set of cards is bad.
But experience is more important at the other type of gambling. Like poker or sport bets.
Experience in poker is really a factor when you are playing since there are many scenarios that you will only discover in-game.
Sports betting doesn't really need experience since everyone can just look for game analyzations or will just ride the wave based on speculation and fearless forecast but can also be a factor too especially if one is betting in his favorite type of sports.
But to predict some bets need an experience. If you do not know anything about sports or teams which you try to bet, you can not predict anything. So you just only listen speculations. Maybe these speculations can be wrong. If you have experience about these speculations too, you can precit what will happen in the game.
There are sports bettors especially those bettors in some popular international event like when NBA FINALS starts, FIBA Asia or Championship in our Local Basketball League etc. who just placing there bet with only speculation and sometimes for showing some support in their team. Not all sports bettors are well experienced. Some are just riding the wave (like in our local thread where I placed bet for our local league, others try it without experience) and hope their beginner's luck will gain them profit.
But nowadays, you can watch all league and sports matches by using internet. So you can see predict what will happen with your experiences. Even if you do not live in a country, you can watch on their local league teams, players and matches.
This thread can be summarized as this:
It is highly unlikely that you will be profitable in a game where there is a house edge, not impossible, but highly unlikely.
Games with 0 house edge(poker, holdem) it is very possible to be profitable and people actually do this for a living.
It is highly unlikely that you will be profitable in a game where there is a house edge, not impossible, but highly unlikely.
Games with 0 house edge(poker, holdem) it is very possible to be profitable and people actually do this for a living.
Yes it can. Though the pretty downside of gambling is over spending and, not thinking ahead of saving the profit you have made out of your betting and still pushing through even though you already lose to much (the mind that I can still win this and turn over my losses).
You require a tremendous amount of luck and skills to win a streak in gambling.
You require a tremendous amount of luck and skills to win a streak in gambling.
Yes you can win on gambling but just for a little while, but I am not preferring it in a long run,
if you know house edge you will now be aware that you can't not profit by gambling.
but always think that if you play a little you can win a sum of amount from it, you should then learn stop playing
when you know when the house edge will get back what you have won.
Yes it can. Though the pretty downside of gambling is over spending and, not thinking ahead of saving the profit you have made out of your betting and still pushing through even though you already lose to much (the mind that I can still win this and turn over my losses).
You require a tremendous amount of luck and skills to win a streak in gambling.
You require a tremendous amount of luck and skills to win a streak in gambling.
But experience is more important at the other type of gambling. Like poker or sport bets.
Experience in poker is really a factor when you are playing since there are many scenarios that you will only discover in-game.
Sports betting doesn't really need experience since everyone can just look for game analyzations or will just ride the wave based on speculation and fearless forecast but can also be a factor too especially if one is betting in his favorite type of sports.
But to predict some bets need an experience. If you do not know anything about sports or teams which you try to bet, you can not predict anything. So you just only listen speculations. Maybe these speculations can be wrong. If you have experience about these speculations too, you can precit what will happen in the game.
There are sports bettors especially those bettors in some popular international event like when NBA FINALS starts, FIBA Asia or Championship in our Local Basketball League etc. who just placing there bet with only speculation and sometimes for showing some support in their team. Not all sports bettors are well experienced. Some are just riding the wave (like in our local thread where I placed bet for our local league, others try it without experience) and hope their beginner's luck will gain them profit.
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