Can gambling be profitable in long term ? - page 177.

Phildo

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Quote from: neochiny on October 09, 2015, 10:58:14 AM

Quote from: coolkiller on September 22, 2015, 05:16:01 AM

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

even with rules and discipline the chance of getting profit in long term is still 40-60%
40% for winning and 60% for loosing, you may win consecutively but that win
will be taken if you loose consecutively. and what im sure about is you will
lose more than winning.

Making up numbers is not helpful to the conversation.

It is all about expected value. If you don't understand that, you will lose money. If you understand that, and don't apply it properly, you will lose money.

neochiny

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Quote from: coolkiller on September 22, 2015, 05:16:01 AM

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

even with rules and discipline the chance of getting profit in long term is still 40-60%
40% for winning and 60% for loosing, you may win consecutively but that win
will be taken if you loose consecutively. and what im sure about is you will
lose more than winning.

n2004al

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Quote from: wenG on October 09, 2015, 09:43:56 AM

Maybe gamble can profitable if you always win or you have lucky charm that makes you win Grin

Some people say that if the money comes from gambling is not good.

If the money with which you gamble are pocket money and destined for fun, part of those can be gambled. But for fun and not for win. If you will gamble for win you will lose all the possible money you have. Maybe not immediately but one day in the future yes. If you play for fun and win you must enjoy that money and not to be greedy to have more. Those money won for fun are good money.

If the money with which you gamble are the money of your bread of the bread of your family with the desire to win more those are bad money. In that case you are addicted from gambling and will lose all your money. One day from those which will come.

wenG

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Maybe gamble can profitable if you always win or you have lucky charm that makes you win Grin

Some people say that if the money comes from gambling is not good.

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Quote from: n2004al on October 09, 2015, 05:23:08 AM

Quote from: gogxmagog on October 08, 2015, 07:28:28 AM

The longer you play the more you will lose. It is fact. Gamblers want to believe otherwise but they are in denial. You will never recoup your losses, only add to them.

I was reading about the psychology of gambling addiction and oddly enough, the endorphin payoff and rush the gambler responds to by returning to the tables happens when they lose and not when they win. Losing is what drives them. Seems counter intuitive but when you think about it and watch the behavior of gambling addicts it makes perfect sense

The perfect post. Finally someone who know and understand. No need to tell other things. Needed only to put this post as the first post of every page in the threads where is spoken about gambling. Maybe someone who gamble will understand and will do something good to himself.

I doubt that every gamblers will understand that. For gamblers to really understand that saying and the outcoming output for them, gamblers must be lost and feel it by themselves to make it really penetrate to the inner inside of them.

n2004al

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Quote from: gogxmagog on October 08, 2015, 07:28:28 AM

The longer you play the more you will lose. It is fact. Gamblers want to believe otherwise but they are in denial. You will never recoup your losses, only add to them.

I was reading about the psychology of gambling addiction and oddly enough, the endorphin payoff and rush the gambler responds to by returning to the tables happens when they lose and not when they win. Losing is what drives them. Seems counter intuitive but when you think about it and watch the behavior of gambling addicts it makes perfect sense

The perfect post. Finally someone who know and understand. No need to tell other things. Needed only to put this post as the first post of every page in the threads where is spoken about gambling. Maybe someone who gamble will understand and will do something good to himself.

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Quote from: harizen on October 08, 2015, 10:13:26 AM

Even all gamblers knows that it is not profitable to play for long term, still they want to try. This is called challenging the reality of gambling world. And the main cause of this is when luck take side to you. If that happen it will trigger the "greed" that just inside the gamblers body and then the next part will be lossing. Precautions can be made by controlling it but it's really hard if luck is always at your side.

In fact, challenging is a tempting thing, win until the last resource dissapear.

harizen

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Even all gamblers knows that it is not profitable to play for long term, still they want to try. This is called challenging the reality of gambling world. And the main cause of this is when luck take side to you. If that happen it will trigger the "greed" that just inside the gamblers body and then the next part will be lossing. Precautions can be made by controlling it but it's really hard if luck is always at your side.

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Quote from: gogxmagog on October 08, 2015, 07:28:28 AM

The longer you play the more you will lose. It is fact. Gamblers want to believe otherwise but they are in denial. You will never recoup your losses, only add to them.

I was reading about the psychology of gambling addiction and oddly enough, the endorphin payoff and rush the gambler responds to by returning to the tables happens when they lose and not when they win. Losing is what drives them. Seems counter intuitive but when you think about it and watch the behaviour of gambling addicts it makes perfect sense

Maybe I have to read these addictions books or articles. But against all of these, I prefer to play bets and lose more and more day by day. Maybe someday my luck will return again and when my balance will be in plus section, I will quit that addiction.

gogxmagog

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Ad maiora!

The longer you play the more you will lose. It is fact. Gamblers want to believe otherwise but they are in denial. You will never recoup your losses, only add to them.

I was reading about the psychology of gambling addiction and oddly enough, the endorphin payoff and rush the gambler responds to by returning to the tables happens when they lose and not when they win. Losing is what drives them. Seems counter intuitive but when you think about it and watch the behaviour of gambling addicts it makes perfect sense

n2004al

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Quote from: BitcoinBlackjack on October 07, 2015, 12:52:39 PM

I definitely think that gambling CAN be profitable in the long term (but the chances of this are pretty low).
But it's not uncommon to hear that some people were down overall, and then in 1 day they make back everything they lost and then some, thus making the whole experience profitable.

So the suggestion you give is to gamble because one day everyone will have all the lost money back. Very "good" advice. The typical advice of a professional gambler who don't bother of money which lose because are the money of the dad or money without have (its) work.

The final result of gambling is ALWAYS the loss of ALL the money. Even you will win someday you will continue to play again and the end of this story will be the lose of all the money (profits and yours).

jpouza

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Quote from: BitcoinBlackjack on October 07, 2015, 12:52:39 PM

I definitely think that gambling CAN be profitable in the long term (but the chances of this are pretty low).
But it's not uncommon to hear that some people were down overall, and then in 1 day they make back everything they lost and then some, thus making the whole experience profitable.

I can only think in some types of gambling could be profitable with time and experience, like sportsbook for example.

BitcoinBlackjack

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I definitely think that gambling CAN be profitable in the long term (but the chances of this are pretty low).
But it's not uncommon to hear that some people were down overall, and then in 1 day they make back everything they lost and then some, thus making the whole experience profitable.

trafficolaa

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Quote from: darkangel11 on October 07, 2015, 12:02:14 PM

Quote from: ?? on ??

Quote from: Lahvacekmoney on October 07, 2015, 04:21:31 AM

Quote from: StevenLiang on October 07, 2015, 03:32:59 AM

Quote from: Lahvacekmoney on October 07, 2015, 03:12:16 AM

Quote from: futurebit640 on October 06, 2015, 09:10:19 AM

Quote from: ?? on ??

Quote from: lorylore on October 06, 2015, 07:37:25 AM

is there any gambling site allows investor?? and it is worthwhile to invest??

http://x2-bitcoin.co.nf/index/bitcoin.html

http://x2-bitcoin.co.nf/index/litecoin.html

http://x2-bitcoin.co.nf/index/dogecoin.html

http://x2-bitcoin.co.nf/index/payeer.html

you can try it with 0.001 ( About 0.2 $ )

and here is official thread for this site: https://bitcointalksearch.org/topic/m.12530378

Do not ever invest in these kind of ponzi sites because they will surely scam people soon or later. They offer profits which is not a realistic and it completely depends on another investor who is ready to loss his money to give you profit. Instead you keep your coins with you and you can sell it later on for more profits. Do not even waste your time in checking these sites.

Lol im running it about 1 month.. I already paid 0.093 (in the previous version i paid about 0.007-8 BTC )
I have facebook fanpage.
My plan is to add bank-wire deposit's.

Fake paid,
Don't make living by scam others. You'll not get a happy and prosperous life for sure.

Why you not start making the other good online business?
Ex: Faucet, Paid to click sites, Vlog, Blog, Make YT channel, etc.

Fake paid? Check this adress https://blockchain.info/address/1NYLZDtosN2sQ1AcrSQaigK387KBu1p799

And check my bitcointalk thread

GTFO, invest bitcoin in your site is much more dangerous than gambling.
Gambling still better option than invest to ponzi site

Gambling could be profitable in long term, but you'll lose everything if you invest to that site

In a way investing in a ponzi is similar to gambling as long as you know what you're dealing with. Not all ponzi investors lose, only those that stay until the end.

Investing in ponzi scheme is guaranteed lose because that kind of gambling is like throwing money into river, gambling on casino is better way to try our luck but never invest in any pozi scam because we will in very short by this kind of gambling.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: ?? on ??

Quote from: Lahvacekmoney on October 07, 2015, 04:21:31 AM

Quote from: StevenLiang on October 07, 2015, 03:32:59 AM

Quote from: Lahvacekmoney on October 07, 2015, 03:12:16 AM

Quote from: futurebit640 on October 06, 2015, 09:10:19 AM

Quote from: ?? on ??

Quote from: lorylore on October 06, 2015, 07:37:25 AM

is there any gambling site allows investor?? and it is worthwhile to invest??

http://x2-bitcoin.co.nf/index/bitcoin.html

http://x2-bitcoin.co.nf/index/litecoin.html

http://x2-bitcoin.co.nf/index/dogecoin.html

http://x2-bitcoin.co.nf/index/payeer.html

you can try it with 0.001 ( About 0.2 $ )

and here is official thread for this site: https://bitcointalksearch.org/topic/m.12530378

Do not ever invest in these kind of ponzi sites because they will surely scam people soon or later. They offer profits which is not a realistic and it completely depends on another investor who is ready to loss his money to give you profit. Instead you keep your coins with you and you can sell it later on for more profits. Do not even waste your time in checking these sites.

Lol im running it about 1 month.. I already paid 0.093 (in the previous version i paid about 0.007-8 BTC )
I have facebook fanpage.
My plan is to add bank-wire deposit's.

Fake paid,
Don't make living by scam others. You'll not get a happy and prosperous life for sure.

Why you not start making the other good online business?
Ex: Faucet, Paid to click sites, Vlog, Blog, Make YT channel, etc.

Fake paid? Check this adress https://blockchain.info/address/1NYLZDtosN2sQ1AcrSQaigK387KBu1p799

And check my bitcointalk thread

GTFO, invest bitcoin in your site is much more dangerous than gambling.
Gambling still better option than invest to ponzi site

Gambling could be profitable in long term, but you'll lose everything if you invest to that site

In a way investing in a ponzi is similar to gambling as long as you know what you're dealing with. Not all ponzi investors lose, only those that stay until the end.

roldstin

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moral of the story

if you already win just quit

dont beat the house

you cant beat it

Lahvacekmoney

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Activity: 210

Merit: 100

Quote from: StevenLiang on October 07, 2015, 03:32:59 AM

Quote from: Lahvacekmoney on October 07, 2015, 03:12:16 AM

Quote from: futurebit640 on October 06, 2015, 09:10:19 AM

Quote from: ?? on ??

Quote from: lorylore on October 06, 2015, 07:37:25 AM

is there any gambling site allows investor?? and it is worthwhile to invest??

http://x2-bitcoin.co.nf/index/bitcoin.html

http://x2-bitcoin.co.nf/index/litecoin.html

http://x2-bitcoin.co.nf/index/dogecoin.html

http://x2-bitcoin.co.nf/index/payeer.html

you can try it with 0.001 ( About 0.2 $ )

and here is official thread for this site: https://bitcointalksearch.org/topic/m.12530378

Do not ever invest in these kind of ponzi sites because they will surely scam people soon or later. They offer profits which is not a realistic and it completely depends on another investor who is ready to loss his money to give you profit. Instead you keep your coins with you and you can sell it later on for more profits. Do not even waste your time in checking these sites.

Lol im running it about 1 month.. I already paid 0.093 (in the previous version i paid about 0.007-8 BTC )
I have facebook fanpage.
My plan is to add bank-wire deposit's.

Fake paid,
Don't make living by scam others. You'll not get a happy and prosperous life for sure.

Why you not start making the other good online business?
Ex: Faucet, Paid to click sites, Vlog, Blog, Make YT channel, etc.

Fake paid? Check this adress https://blockchain.info/address/1NYLZDtosN2sQ1AcrSQaigK387KBu1p799

And check my bitcointalk thread

StevenLiang

full member

Activity: 168

Merit: 100

Quote from: Lahvacekmoney on October 07, 2015, 03:12:16 AM

Quote from: futurebit640 on October 06, 2015, 09:10:19 AM

Quote from: ?? on ??

Quote from: lorylore on October 06, 2015, 07:37:25 AM

is there any gambling site allows investor?? and it is worthwhile to invest??

http://x2-bitcoin.co.nf/index/bitcoin.html

http://x2-bitcoin.co.nf/index/litecoin.html

http://x2-bitcoin.co.nf/index/dogecoin.html

http://x2-bitcoin.co.nf/index/payeer.html

you can try it with 0.001 ( About 0.2 $ )

and here is official thread for this site: https://bitcointalksearch.org/topic/m.12530378

Do not ever invest in these kind of ponzi sites because they will surely scam people soon or later. They offer profits which is not a realistic and it completely depends on another investor who is ready to loss his money to give you profit. Instead you keep your coins with you and you can sell it later on for more profits. Do not even waste your time in checking these sites.

Lol im running it about 1 month.. I already paid 0.093 (in the previous version i paid about 0.007-8 BTC )
I have facebook fanpage.
My plan is to add bank-wire deposit's.

Fake paid,
Don't make living by scam others. You'll not get a happy and prosperous life for sure.

Why you not start making the other good online business?
Ex: Faucet, Paid to click sites, Vlog, Blog, Make YT channel, etc.

Lahvacekmoney

full member

Activity: 210

Merit: 100

Quote from: futurebit640 on October 06, 2015, 09:10:19 AM

Quote from: ?? on ??

Quote from: lorylore on October 06, 2015, 07:37:25 AM

is there any gambling site allows investor?? and it is worthwhile to invest??

http://x2-bitcoin.co.nf/index/bitcoin.html

http://x2-bitcoin.co.nf/index/litecoin.html

http://x2-bitcoin.co.nf/index/dogecoin.html

http://x2-bitcoin.co.nf/index/payeer.html

you can try it with 0.001 ( About 0.2 $ )

and here is official thread for this site: https://bitcointalksearch.org/topic/m.12530378

Do not ever invest in these kind of ponzi sites because they will surely scam people soon or later. They offer profits which is not a realistic and it completely depends on another investor who is ready to loss his money to give you profit. Instead you keep your coins with you and you can sell it later on for more profits. Do not even waste your time in checking these sites.

Lol im running it about 1 month.. I already paid 0.093 (in the previous version i paid about 0.007-8 BTC )
I have facebook fanpage.
My plan is to add bank-wire deposit's.

StevenLiang

full member

Activity: 168

Merit: 100

Quote from: afriezalie on October 06, 2015, 12:41:03 PM

I don't think gambling can give you a profit per day like in trading because gambling isn't supposed for a long term earning. Usually you will lose so much money in long term gambling. I prefer to gamble money only for one time in one place, no matter what I got and what I lost.

I like your techniques.

Gambling is just for one time in one place, no matter what you've got or what you've lost.

And it can not make profit everyday.

Regards, enjoy your time guys.

Topic: Can gambling be profitable in long term ? - page 177. (Read 112232 times)