Can gambling be profitable in long term ? - page 186.

MinerHQ

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Quote from: SerenaL on September 24, 2015, 11:20:06 PM

Poker is a game that involves more skill than luck so it is viable long term. Poker is very competitive these days though.

Anyway I don't play these games so it doesn't matter to me but I usually take risks in betting cricket matches because I know the game and main team strengths

fox19891989

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Quote from: michietn94 on September 24, 2015, 10:46:06 PM

Quote from: Eminem133 on September 24, 2015, 11:57:43 AM

Any gambling can be profitable in long term as long as you can keep yourself under control.

Seems easy to do but it really hard to do ... Trust me.

Choose game with low stress level so you can have good self control. Thats mean no stupid bet and know when to stop !

I prefer sport game , soccer.

I do agree with you.
IMO, you can make a good profit in long term if you have a massive capital to play martiangle on dice or play big on sport match.

Just think about this, if gambler can be profit for long term, there will be no casino that can still operate for a long time.

Soccer is the most difficult to bet because good team could be lost to weak teams, i prefer tennis, although sometimes the results could be unexpected too, it still happens less than soccer, betting on djokovic is always winning in Grand Slam this years, he played 28 matches in 4 Grand Slams, and won 27 matches, betting on him is safe enough, and at least it is better than betting on soccer.

bytezero

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Quote from: flock123 on September 24, 2015, 11:17:59 PM

Quote from: michietn94 on September 24, 2015, 10:46:06 PM

Quote from: Eminem133 on September 24, 2015, 11:57:43 AM

Any gambling can be profitable in long term as long as you can keep yourself under control.

Seems easy to do but it really hard to do ... Trust me.

Choose game with low stress level so you can have good self control. Thats mean no stupid bet and know when to stop !

I prefer sport game , soccer.

I do agree with you.
IMO, you can make a good profit in long term if you have a massive capital to play martiangle on dice or play big on sport match.

Just think about this, if gambler can be profit for long term, there will be no casino that can still operate for a long time.

yes i also agree
gambling sports gambling is one that can make us a profit, but it all depends on the luck of each

Yeah but it is more lucky than the roulette that from the beginning you know you have lost because negative ev.

SerenaL

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Poker is a game that involves more skill than luck so it is viable long term. Poker is very competitive these days though.

flock123

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Quote from: michietn94 on September 24, 2015, 10:46:06 PM

Quote from: Eminem133 on September 24, 2015, 11:57:43 AM

Any gambling can be profitable in long term as long as you can keep yourself under control.

Seems easy to do but it really hard to do ... Trust me.

Choose game with low stress level so you can have good self control. Thats mean no stupid bet and know when to stop !

I prefer sport game , soccer.

I do agree with you.
IMO, you can make a good profit in long term if you have a massive capital to play martiangle on dice or play big on sport match.

Just think about this, if gambler can be profit for long term, there will be no casino that can still operate for a long time.

yes i also agree
gambling sports gambling is one that can make us a profit, but it all depends on the luck of each

michietn94

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Quote from: Eminem133 on September 24, 2015, 11:57:43 AM

Any gambling can be profitable in long term as long as you can keep yourself under control.

Seems easy to do but it really hard to do ... Trust me.

Choose game with low stress level so you can have good self control. Thats mean no stupid bet and know when to stop !

I prefer sport game , soccer.

I do agree with you.
IMO, you can make a good profit in long term if you have a massive capital to play martiangle on dice or play big on sport match.

Just think about this, if gambler can be profit for long term, there will be no casino that can still operate for a long time.

zencomp

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Quote from: fox19891989 on September 24, 2015, 01:35:57 PM

Quote from: SyGambler on September 24, 2015, 01:17:22 PM

Quote from: bytezero on September 24, 2015, 12:04:36 PM

Yes it is if you bet only in sports. If you play roulette you will lose in the long run.

even sports , it's hard to achieve profit by betting on sports cause usually the house will give you shit odds
there is only about 1% of sportsbettors who are really beating the game and achieving profit
it's not that easy , you need to study every small detail to achieve profit

Not only 1%, should be over 10%, in every gambling games, there are always 10% winners in the long term, in short term, maybe over 50% if players are lucky. In sports betting, there are some experts on sports betting, so I estimate could be 10%-20% winners in long term, and many good poker players are also sports bettors, once I watch high stake poker season X, there is a Canadian sports bettor and poker player, I don't remember his name.

Sports betting is good in small and long term of gambling, it is the matter of knowing the condition of the ground which they are playing , analyse the teams who are playing with their previous records and what changes happened to them, if you analyse it if not you can take service from professionals who are giving their services for small service charges.

Sports betting is all about patience game.

Phildo

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Quote from: apriyani420 on September 24, 2015, 02:37:42 PM

i dont believe its nothing near possible in order to achieve such winnings you need to be extremely lucky and i dont think that someone will risk so much just to win a bit more

Casinos are profitable gambling all the time. The key is that they are making +ev bets for them.

None of the other BS spewed here matters, all that matters is expected value. If you make bets that have a positive expectation, you can be profitable gambling. It is not easy to find/make those bets if you aren't running a casino, but it is possible.

darkangel11

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Quote from: apriyani420 on September 24, 2015, 02:37:42 PM

i dont believe its nothing near possible in order to achieve such winnings you need to be extremely lucky and i dont think that someone will risk so much just to win a bit more

It all depends on your understanding of profits. I'm rather poor so if I were to gain 1% on my wagered money every month I'd call it a profit. Some people would call it a waste of time and would feel bad if they managed to gain only 12% a year.

apriyani420

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i dont believe its nothing near possible in order to achieve such winnings you need to be extremely lucky and i dont think that someone will risk so much just to win a bit more

vendetahome

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i think its possible to earn that much by gambling though i dont think that someone can be lucky enough to hit so much big wins one day after another

leex1528

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Quote from: jbrnt on September 24, 2015, 01:55:26 PM

Card counting in Blackjack works and it is profitable in the long term. That is why it is banned in casinos. Gambling on "random" conditions is a sure loss in the long term. I am not sure about sports betting. It is easier to predict, but also lower expected return. You can win little by little frequently, but loose previous winnings in an unexpected match result.

It used to be possible. And Card Counting is not banned in Casinos, it is simply frowned upon, (I am sure some casinos don't allow it though)

Now with 4 and 6 shoe decks it is next to impossible to count cards and thus the problem has been fixed.

jbrnt

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Card counting in Blackjack works and it is profitable in the long term. That is why it is banned in casinos. Gambling on "random" conditions is a sure loss in the long term. I am not sure about sports betting. It is easier to predict, but also lower expected return. You can win little by little frequently, but loose previous winnings in an unexpected match result.

fox19891989

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Quote from: SyGambler on September 24, 2015, 01:17:22 PM

Quote from: bytezero on September 24, 2015, 12:04:36 PM

Yes it is if you bet only in sports. If you play roulette you will lose in the long run.

even sports , it's hard to achieve profit by betting on sports cause usually the house will give you shit odds
there is only about 1% of sportsbettors who are really beating the game and achieving profit
it's not that easy , you need to study every small detail to achieve profit

Not only 1%, should be over 10%, in every gambling games, there are always 10% winners in the long term, in short term, maybe over 50% if players are lucky. In sports betting, there are some experts on sports betting, so I estimate could be 10%-20% winners in long term, and many good poker players are also sports bettors, once I watch high stake poker season X, there is a Canadian sports bettor and poker player, I don't remember his name.

SyGambler

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Quote from: bytezero on September 24, 2015, 12:04:36 PM

Yes it is if you bet only in sports. If you play roulette you will lose in the long run.

even sports , it's hard to achieve profit by betting on sports cause usually the house will give you shit odds
there is only about 1% of sportsbettors who are really beating the game and achieving profit
it's not that easy , you need to study every small detail to achieve profit

NoRespect

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Quote from: bytezero on September 24, 2015, 12:04:36 PM

Yes it is if you bet only in sports. If you play roulette you will lose in the long run.

maybe not, it depends on your luck, even in the sports gambling also you can lose

CPULoyal

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Quote from: Eminem133 on September 24, 2015, 11:57:43 AM

Any gambling can be profitable in long term as long as you can keep yourself under control.

Seems easy to do but it really hard to do ... Trust me.

Choose game with low stress level so you can have good self control. Thats mean no stupid bet and know when to stop !

I prefer sport game , soccer.

Keyword is control. Agreed, that's the hardest thing to do, but I keep losing with style (though that means more faucet draining until I gather enough to run towards the next losing spree).

bytezero

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Yes it is if you bet only in sports. If you play roulette you will lose in the long run.

Eminem133

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Any gambling can be profitable in long term as long as you can keep yourself under control.

Seems easy to do but it really hard to do ... Trust me.

Choose game with low stress level so you can have good self control. Thats mean no stupid bet and know when to stop !

I prefer sport game , soccer.

BillyBobZorton

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It can if you test your luck accordingly and know how to manage loses and know when to stop. If you limit X time to gambling monthly you will see some positive results, but you need to stop gambling as soon as you are on a loss. Some people can't defeat that temptation and give up tho.

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