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Topic: Can gambling be profitable in long term ? - page 19. (Read 112258 times)

sr. member
Activity: 1176
Merit: 252
I do not think that gambling can be profitable. This is too risky and unreliable. I do not know a single person who has become rich in gambling. Probably you should have a lot of skills and  luck for this.
yeah thats true, gambling can profitable for long term if you have a good skill and also gold luck  Grin because gambling its about skill and luck. without this factor gambling cannot be profitable for long term.
sr. member
Activity: 784
Merit: 250
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
In my opinion gambling is not profitable in a long term, instead the more you play in the gambling is the more bigger losses of money will be gone in the end. So, I don't know how gambling become profitable in a long term, maybe for the view of the gambling experts it is profitable in a long term.
full member
Activity: 390
Merit: 100
Gambling is still a gamble, sometimes we win and sometimes lose, despite having followed the strategy that we make. I do not think that gambling can be profitable in the long run, because it is very risky and also there is no guarantee that you will not lose the money earned
hero member
Activity: 1722
Merit: 528
It is very difficult to get a profit in the long run, because gambling is just a chancy. Well, if you want to make a profit in the long run it's better to invest in altcoin, because that's more proven.

Well gambling is really based on how lucky you are that day. But the thing is, being lucky is really hard to know or to guess when we will be lucky and how can we know we are lucky. Do for a better suggestion, put your money in an altcoin with a good possibility of having a pump.
sr. member
Activity: 532
Merit: 250
gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.
Maybe youre correct but there will be no impossoble until it happens. We like to have a long term investment now so we think that we should make gambling as an investment now so o think its good. But you need to put higher risk on it. Bitcoin is a really big thing. But it can help us. So let just be posotive enough in gambling.

Hmm, indeed the reason long-term investment could be one cause of someone using the gambling. But it is absolutely ridiculous and stupid when gambling is referred to as an investment, because of gambling inappropriate called so because it is only as a place of gambling games and if we can't play properly it is definitely getting a lot of losses. Gambling only requires self control and strategies to win, otherwise it's not a thing to do
 
sr. member
Activity: 420
Merit: 266
I do not think that gambling can be profitable. This is too risky and unreliable. I do not know a single person who has become rich in gambling. Probably you should have a lot of skills and  luck for this.
sr. member
Activity: 756
Merit: 294
Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.

Gambling becomes a profitable thing for the long term is not an impossible thing, but it is a very difficult thing. The level of difficulty even makes people think it is impossible. Gambling relies heavily on luck, and luck that comes continuously in the long run is almost impossible...

If the game you are playing is based on pure luck, I think the more you play, the more the house edge advantage is at play against you. Better do long term with gambling that requires skills like poker than playing with a game founded by pure luck.
full member
Activity: 318
Merit: 108
Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.

Gambling becomes a profitable thing for the long term is not an impossible thing, but it is a very difficult thing. The level of difficulty even makes people think it is impossible. Gambling relies heavily on luck, and luck that comes continuously in the long run is almost impossible...
Gambling as in betting on certain markets (horse racing, football, tennis and other sports) absolutely does not depend on luck. Gambling as in playing games such as roulette and fruit machines is pure luck and involves no skill whatsoever.
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.

Gambling becomes a profitable thing for the long term is not an impossible thing, but it is a very difficult thing. The level of difficulty even makes people think it is impossible. Gambling relies heavily on luck, and luck that comes continuously in the long run is almost impossible...

The difficulty level that continues to motivate me to keep trying to process the mental analysis and gambling, I feel in our trading like a competitor who will always compete with the whales, but gamble think me, house/edge, and the player in one table the same as king, pure satisfaction is more than trading.
hero member
Activity: 574
Merit: 503
Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.

Gambling becomes a profitable thing for the long term is not an impossible thing, but it is a very difficult thing. The level of difficulty even makes people think it is impossible. Gambling relies heavily on luck, and luck that comes continuously in the long run is almost impossible...
hero member
Activity: 798
Merit: 500
Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.
sr. member
Activity: 951
Merit: 250
Statistically you have more the possibility to lose all than earn. But still everything is possible because we mention probability and not something of sure. But gambling isn't profitable if we talk about long term.
Winning is really possible but only if you are one of the skilled people in gambling, your way to be profitable in the long is to ensure your skills is enough to survive. One does not need to win all the time because nobody has that chance but we can be profitable if we have more winnings than our loses and bankroll management is really important because we are in a long term mission.
yes i think is not about the time that you spend through it.i think it is  the luck who matters most.in gambling you cannot earn profit if you are not lucky.in short it is the luck who can make you profitable it is not a long term gambling.
hero member
Activity: 3010
Merit: 666
Statistically you have more the possibility to lose all than earn. But still everything is possible because we mention probability and not something of sure. But gambling isn't profitable if we talk about long term.
Winning is really possible but only if you are one of the skilled people in gambling, your way to be profitable in the long is to ensure your skills is enough to survive. One does not need to win all the time because nobody has that chance but we can be profitable if we have more winnings than our loses and bankroll management is really important because we are in a long term mission.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
It is very difficult to get a profit in the long run, because gambling is just a chancy. Well, if you want to make a profit in the long run it's better to invest in altcoin, because that's more proven.
full member
Activity: 476
Merit: 100
Statistically you have more the possibility to lose all than earn. But still everything is possible because we mention probability and not something of sure. But gambling isn't profitable if we talk about long term.
legendary
Activity: 1064
Merit: 1000
It can be but it requires a lot of patience, that's for sure. If you think about it, if you are requiring yourself to be patient in your games, you can practically always be in the profit side, and play slowly and keep track of your money and plan for the future if you will withdraw or not, something like that.

Dont even think of saying foolish thing. It doesnt matter if you are patient or not because if you keep having bad luck then everything is over. In the end you are going to relly on your luck but still it wont be profitable in the long term, it is EV- afterall and there is nothing that you can do to win in the long run

legendary
Activity: 1288
Merit: 1043
:^)
gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.

like I've said, define gambling. Poker is technicaly played in a casino, poker is gambling thus "casino" gambling can be long term profitable.
It can be but it requires a lot of patience, that's for sure. If you think about it, if you are requiring yourself to be patient in your games, you can practically always be in the profit side, and play slowly and keep track of your money and plan for the future if you will withdraw or not, something like that.

Yeah.. but my point is some gambling games have no chance of long term profit cos they will always been in the houses favour with fixed and predictable odds like roulette, but with poker you win from other people playing worse than you in the long run.
that's because in poker, you're playing against the other players instead of the house, and the casino just takes a rake of the pot for hosting the game and whatnot. even if the game might be profitable for the player, the casino still makes a profit.

Also, you should define gambling before asking this question.
There is +ev gambling,
and there is -ev gambling.
gambling is gambling, games where you risk your money for a chance to either win or lose. +/- EV are just two scenarios where you can generally expect a win or loss in the long run given a statistically ideal outcome. we dont need to be overly analytical and subdivide gambling into niche outcomes / cases / scenarios.

Theoretically it is possible. For a while things may work out for you. But in the end the house edge will win, it always does. There is no way to make profit from gambling in the long run, you may try your luck at it for a short while and then if you get any profits at all, just bag it and don't be greedy, run far away from gambling. This is the only way to profit from gambling. If you don't stop gambling, and it gets addicting to you, you will keep on investing all your saving into it to try and get a good profit but in the end you will lose every single Satoshi to house edge.
not always. +EV only means in a statistically perfect situation, the house will be expected to win by the house edge percentage over the long run. statistics doesnt say so, but it is possible to beat the house in the long run. its just unlikely.
full member
Activity: 350
Merit: 125
gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.

like I've said, define gambling. Poker is technicaly played in a casino, poker is gambling thus "casino" gambling can be long term profitable.
It can be but it requires a lot of patience, that's for sure. If you think about it, if you are requiring yourself to be patient in your games, you can practically always be in the profit side, and play slowly and keep track of your money and plan for the future if you will withdraw or not, something like that.

Yeah.. but my point is some gambling games have no chance of long term profit cos they will always been in the houses favour with fixed and predictable odds like roulette, but with poker you win from other people playing worse than you in the long run.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.

like I've said, define gambling. Poker is technicaly played in a casino, poker is gambling thus "casino" gambling can be long term profitable.
It can be but it requires a lot of patience, that's for sure. If you think about it, if you are requiring yourself to be patient in your games, you can practically always be in the profit side, and play slowly and keep track of your money and plan for the future if you will withdraw or not, something like that.
full member
Activity: 350
Merit: 125
gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.

like I've said, define gambling. Poker is technicaly played in a casino, poker is gambling thus "casino" gambling can be long term profitable.
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