Amount Lost always = amount bet X house edge
In the long run
No way else to put it... Math
Topic: Can gambling be profitable in long term ? - page 183. (Read 112232 times)
Gambling for Long Term Profit is not possible
Amount Lost always = amount bet X house edge
In the long run
No way else to put it... Math
Amount Lost always = amount bet X house edge
In the long run
No way else to put it... Math
You can't profit from standard casino games like DICE or Roulette
You can, if you get lucky enough with your variance. It's just that in the long-term, you won't profit, unless you have a ridiculous amount of luck. But it is possible to profit from gambling in the short-term or if you quit while you're ahead, else no-one would do it!
I wont quit it after I win some, I just stopped playing it and try again next day, you will get fresh your mind and start again from the last balance you have, this will be safe rather than keep on playing although you win much you will not stopped until you busted all of it so keep some from your saving is a great thing
Pretty much this, Gambling is addictive and that is what Casinos are starting to realize, the more and more you play the more and more you are likely to lose.
You can't profit from standard casino games like DICE or Roulette
You can, if you get lucky enough with your variance. It's just that in the long-term, you won't profit, unless you have a ridiculous amount of luck. But it is possible to profit from gambling in the short-term or if you quit while you're ahead, else no-one would do it!
I wont quit it after I win some, I just stopped playing it and try again next day, you will get fresh your mind and start again from the last balance you have, this will be safe rather than keep on playing although you win much you will not stopped until you busted all of it so keep some from your saving is a great thing
You can't profit from standard casino games like DICE or Roulette, that is a proven fact. If you think there are some systems which can help you win, you are wrong. Gambling systems have been around for as long as gambling has. No system has ever been proven to work.
0.01 from 0.001 LTC ( free faucet bonus )
but i click on wrong button.. so i loose it all 
THat's a very little amount. Maybe if it was at least BTC it would be worth it, but you are talking pennies.
Yes but i click on the wrong button... If bet a minimum... I will make 0.1-0.2 and withdraw it
( I use faucet fund from dice site only )
You can't profit from standard casino games like DICE or Roulette, that is a proven fact. If you think there are some systems which can help you win, you are wrong. Gambling systems have been around for as long as gambling has. No system has ever been proven to work.
0.01 from 0.001 LTC ( free faucet bonus )
but i click on wrong button.. so i loose it all THat's a very little amount. Maybe if it was at least BTC it would be worth it, but you are talking pennies.
possible if you gamble in sports and always ' analyse ' corectly and always win.
For the other casino or dice games, there is no point playing because you will lose in the long run.
For the other casino or dice games, there is no point playing because you will lose in the long run.
Yes casino and dice games or sites very difficult to win in betting. It is purely depends on luck so luck will come some times only but not always so don't waste your money on these sites. In sports betting if we can't win always but we can guess some thing based on player or team performance. However now a days most of the games and players also fixed so bet carefully...
Sometimes can really be profitable.
That's not really the topic of this thread, though. This thread is about gambling profit in the long-term, we all know that you can make profit from gambling, else no-one would do it. But in the long-term, it's always a losing game.
the only way that gambling can be profitable in my opinion is if you get super lucky once in your lifetime on a big bet like for example a 9900X bet and win a big prize or if you are a professional gambles, someone like a big time poker player and play in a tournament (face to face real life tournaments) and win long term that way.
You need good instinct to bet some sports match, and avoid some matches, when you bet on higher odds side, just bet less, and you may get fortunes in the long term if you accumulate many times of this kind of betting.
For my tennis betting experience, you can be all-in on djokovic and he never lets you down, at least he won 27 times out of 28 matches on Grand Slam this year. Don't bet large on nadal nowadays, he is not the God several years ago.
For my tennis betting experience, you can be all-in on djokovic and he never lets you down, at least he won 27 times out of 28 matches on Grand Slam this year. Don't bet large on nadal nowadays, he is not the God several years ago.
sites with house edges,its definitely not profitable in the long term 
possible if you gamble in sports and always ' analyse ' corectly and always win.
For the other casino or dice games, there is no point playing because you will lose in the long run.
For the other casino or dice games, there is no point playing because you will lose in the long run.
Yes, this might be possible but you need to have the nerves of steel, you need to be very, very disciplined, you cannot let the greed and emotions take over your judgement and at the end you also need some luck.
So yes, with knowledge and good analysis you also need quite a lot of things from above in order to have a long term profit.
For example I tried to gamble on sports by respecting all of the above but I haven't made it.
Well I think it all depends on the type of gambling. If go for those where skill is required, like poker and sportsbetting, you can make much more than that (if you are good of course).
Sports betting seems like the most safe way to earn long term, but casino and dice games are just for fun and making short term profits.
possible if you gamble in sports and always ' analyse ' corectly and always win.
For the other casino or dice games, there is no point playing because you will lose in the long run.
For the other casino or dice games, there is no point playing because you will lose in the long run.
Well I think it all depends on the type of gambling. If go for those where skill is required, like poker and sportsbetting, you can make much more than that (if you are good of course).
Of course it can be profitable but for most they end up losing long term. For me personally I bet a little every week and am in profit by over a couple of thousand over the last two years or so but I don't rely on it as income and to me it is just fun. I only really bet small amounts $50 to triple or more my money usually. It's when the fun stops that you have to check yourself as it can easily become a problem.
well anything can happen..
nothing is impossible as long as we try,, but on gambling need to have good money management..because mostly people will in rage to recover from loss..
nothing is impossible as long as we try,, but on gambling need to have good money management..because mostly people will in rage to recover from loss..
Sometimes can really be profitable.
That's not really the topic of this thread, though. This thread is about gambling profit in the long-term, we all know that you can make profit from gambling, else no-one would do it. But in the long-term, it's always a losing game.
well, I mean to say suppose you have little luck then you can easily overcome the house edge, I know in long term usually it gives loss, but not always ... I hope you know what I mean
Sometimes can really be profitable.
That's not really the topic of this thread, though. This thread is about gambling profit in the long-term, we all know that you can make profit from gambling, else no-one would do it. But in the long-term, it's always a losing game.
Sometimes can really be profitable.
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Depends on the odds. Gambling on something with a defined house edge is never profitable in the long term, unless you've been extremely lucky with the low variance you would have. Playing the odds on something like betting on sports can be profitable in the long term if you're extremely good, generally with the chance of long-term profit increasing depending on how small the scene is and how good your knowledge is.
Nope most odds is just the same, mostly people using 2 or 2.xx. Actually it really depends on your luck when you play dice games. This is how it gonna be for dice games, every dice game is same. Its true sport betting is profitable like mostly people said but you need to wait more time and that is boring to wait that long time
Sorry, I might've gotten my point across wrong. By odds I essentially mean the expected value of the bet, which in the case of dicing, is always going to be -EV. The point at which it can become profitable in the long-term is of course when the expected value of a bet is +EV.
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Depends on the odds. Gambling on something with a defined house edge is never profitable in the long term, unless you've been extremely lucky with the low variance you would have. Playing the odds on something like betting on sports can be profitable in the long term if you're extremely good, generally with the chance of long-term profit increasing depending on how small the scene is and how good your knowledge is.
Nope most odds is just the same, mostly people using 2 or 2.xx. Actually it really depends on your luck when you play dice games. This is how it gonna be for dice games, every dice game is same. Its true sport betting is profitable like mostly people said but you need to wait more time and that is boring to wait that long time
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