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Topic: Can gambling be profitable in long term ? - page 23. (Read 112258 times)

hero member
Activity: 1008
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Unless you are talking about poker or a similar game then it is impossible to make money long term in gambling, that is a reality we must accept, those that are looking to make money in gambling will lose more money than they can afford, this is why the common recommendation in the forum is to gamble with moderation.

Poker game is not really easy as well to make money in the long term. Some player are good to play in a poker site but not everyone can make money from a poker site. It is hard and as hard as usual luck based game. I dont think it is profitable even for poker player because many poker player lose than win

I think poker needs practice and it is not like dice or slots where your skills dont matter at all. Poker is an EV+ game after all and thus the players skills are important in order to out-play that opponent. Then in dice you dont need any skills other than being able to roll the dice. If you are thinking of playing poker then make sure to practice it online or offline before you actually play it anywhere in a casino.

Another thing about games of chance like dice is that it doesn't matter what betting strategies you try, you odds of winning don't improve. I've read about several strategies like martingale, etc. and they seem to make since but the math behind it shows that it doesn't work. I've even tried these strategies and have found out first hand that you will eventually lose over time because you will eventually get a long streak of losses and you will run out of money.
full member
Activity: 672
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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

You might be able to try it for yourself, and then make a conclusion about gambling. I've gambling with bankroll 0.8btc and set profit target of 0.05btc/d (small instead?), 1st day til 3rd day all went well. On 4th day my emotions are unstable. I play continuously like blind pig to be 0.0btc.
Of course, if you become a co-owner of an online casino, then of course you can earn Not bad. And also you can try to invest in the project of gambling. I This way, too, will bring good profits. But just do not consider gambling as a way to earn money by using gambling.
sr. member
Activity: 1400
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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

You might be able to try it for yourself, and then make a conclusion about gambling. I've gambling with bankroll 0.8btc and set profit target of 0.05btc/d (small instead?), 1st day til 3rd day all went well. On 4th day my emotions are unstable. I play continuously like blind pig to be 0.0btc.
sr. member
Activity: 383
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.....?

You cant see it as a job, because at a point you will lose everything.
full member
Activity: 812
Merit: 142
Gambling can not be profitable in the short or long term. They can only lead to a loss of funds if you try to earn or receive pleasure if you look at them as entertainment.

Gambling in long term is will give you loss . I was reading one of the article where the probability of getting profit was more in short term and not in long term . Also if you stay for longer time in casinos chances are there that you will end up in a loss due to which it is said that if you get profit during start of the game encash that profit and leave the game.
full member
Activity: 138
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Gambling can not be profitable in the short or long term. They can only lead to a loss of funds if you try to earn or receive pleasure if you look at them as entertainment.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
Unless you are talking about poker or a similar game then it is impossible to make money long term in gambling, that is a reality we must accept, those that are looking to make money in gambling will lose more money than they can afford, this is why the common recommendation in the forum is to gamble with moderation.

Poker game is not really easy as well to make money in the long term. Some player are good to play in a poker site but not everyone can make money from a poker site. It is hard and as hard as usual luck based game. I dont think it is profitable even for poker player because many poker player lose than win

I think poker needs practice and it is not like dice or slots where your skills dont matter at all. Poker is an EV+ game after all and thus the players skills are important in order to out-play that opponent. Then in dice you dont need any skills other than being able to roll the dice. If you are thinking of playing poker then make sure to practice it online or offline before you actually play it anywhere in a casino.

A poker game is really the best example of gambling that involves a great deal of skills in order to win most of the time than losing. The rest of the games that doesn't involved any skills are games based on pure luck and is very risky because you can't have much of a control over it versus poker.
I agree with you because I have experienced gambling with my friends and I have to say that you need a lot of experience to really win their money and that's awesome. I think there are other games that require skills in order to increase the chance of winning like blackjack (if you can count cards but that's illegal) something like that.

gambling that involves skills need some time, money, and effort in order to hone and master that skill.. because practice really makes perfect. If you practice more on the game of poker, you will develop the skill of reading the minds and bluff of people.

That may be true for the game of poker but not for every type of gambling. Practice makes perfect for all skill based games but those which totally depend on a person's luck are not affected by any amount of practice. A person does not need practice to roll dice or slots. The EV- games are dependent on luck and they should not be played too much because eventually the house edge will catch up.
sr. member
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I think gambling is not really profitable.it depwnds upon your luck.be
legendary
Activity: 3108
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due to house edge advantage, we are left with lesser chances to win over the house. That is why it is way better to just play for fun with that money you can afford to lose because if you will going to lose it wouldn't be frustrating.

The chances stay the same however when there are house edge, we are going to lose in the long run. We wont win in the long run so there is no point to even try it. Choose only EV+ games so that we could have better chance to win in the long run and so that it could be profitable for us in the long term
That's the thing, it's easy to understand that, if we lose even without a house edge how much more if there is.
Gambling can be profitable in the long run but only for those people who called themselves as professional gambler because they are making a living in gambling and they have to ensure they have the skills to have a constant win.
legendary
Activity: 1064
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due to house edge advantage, we are left with lesser chances to win over the house. That is why it is way better to just play for fun with that money you can afford to lose because if you will going to lose it wouldn't be frustrating.

The chances stay the same however when there are house edge, we are going to lose in the long run. We wont win in the long run so there is no point to even try it. Choose only EV+ games so that we could have better chance to win in the long run and so that it could be profitable for us in the long term
hero member
Activity: 700
Merit: 500
Unless you are talking about poker or a similar game then it is impossible to make money long term in gambling, that is a reality we must accept, those that are looking to make money in gambling will lose more money than they can afford, this is why the common recommendation in the forum is to gamble with moderation.

Poker game is not really easy as well to make money in the long term. Some player are good to play in a poker site but not everyone can make money from a poker site. It is hard and as hard as usual luck based game. I dont think it is profitable even for poker player because many poker player lose than win

I think poker needs practice and it is not like dice or slots where your skills dont matter at all. Poker is an EV+ game after all and thus the players skills are important in order to out-play that opponent. Then in dice you dont need any skills other than being able to roll the dice. If you are thinking of playing poker then make sure to practice it online or offline before you actually play it anywhere in a casino.

A poker game is really the best example of gambling that involves a great deal of skills in order to win most of the time than losing. The rest of the games that doesn't involved any skills are games based on pure luck and is very risky because you can't have much of a control over it versus poker.
I agree with you because I have experienced gambling with my friends and I have to say that you need a lot of experience to really win their money and that's awesome. I think there are other games that require skills in order to increase the chance of winning like blackjack (if you can count cards but that's illegal) something like that.

gambling that involves skills need some time, money, and effort in order to hone and master that skill.. because practice really makes perfect. If you practice more on the game of poker, you will develop the skill of reading the minds and bluff of people.

It could be profitable in long term if you are always winning in gambling, and that is the only way I think. If you are not lucky on gambling, then there is no way for you to make profits, the only thing you can do is to try another way where you could earn bitcoin, and not to lose bitcoin. Pushing yourself in gambling will just lead you to something you can't ever imagine, for example is losing the money which you can't afford to lose.
sr. member
Activity: 756
Merit: 294
We can not forever rely on gambling to earn more money. Because sebanarnya gambling is just a game. Surely there will be time to lose. Do not be too ambitious

I agree, gambling is not an earning den except for casino owner.  Gambling casino is created for entertainment and winning is the bonus.  It is made to take away stress and strain, diversification of attention after a long week of hardwork. It is profitable in terms of refreshing people for the next weeks work and if done in moderation.  It has been proven that gambling casino is one of the best way to socialize and remove stress.
That's true we cannot really earn money by gambling,  and its very sad that you've been working the whole week but lose it all in just one night if not that lucky.
You better know your skills, it's good to try to make money in gambling but make sure you put a limit because it's hard to continue fighting when you are just fighting in a losing battle. Everyone should fully understand that risk is big because our chance of winning is very low and that is normal as the house always take profit.

due to house edge advantage, we are left with lesser chances to win over the house. That is why it is way better to just play for fun with that money you can afford to lose because if you will going to lose it wouldn't be frustrating.
hero member
Activity: 3052
Merit: 606
We can not forever rely on gambling to earn more money. Because sebanarnya gambling is just a game. Surely there will be time to lose. Do not be too ambitious

I agree, gambling is not an earning den except for casino owner.  Gambling casino is created for entertainment and winning is the bonus.  It is made to take away stress and strain, diversification of attention after a long week of hardwork. It is profitable in terms of refreshing people for the next weeks work and if done in moderation.  It has been proven that gambling casino is one of the best way to socialize and remove stress.
That's true we cannot really earn money by gambling,  and its very sad that you've been working the whole week but lose it all in just one night if not that lucky.
You better know your skills, it's good to try to make money in gambling but make sure you put a limit because it's hard to continue fighting when you are just fighting in a losing battle. Everyone should fully understand that risk is big because our chance of winning is very low and that is normal as the house always take profit.
hero member
Activity: 700
Merit: 500
Unless you are talking about poker or a similar game then it is impossible to make money long term in gambling, that is a reality we must accept, those that are looking to make money in gambling will lose more money than they can afford, this is why the common recommendation in the forum is to gamble with moderation.

Poker game is not really easy as well to make money in the long term. Some player are good to play in a poker site but not everyone can make money from a poker site. It is hard and as hard as usual luck based game. I dont think it is profitable even for poker player because many poker player lose than win

I think poker needs practice and it is not like dice or slots where your skills dont matter at all. Poker is an EV+ game after all and thus the players skills are important in order to out-play that opponent. Then in dice you dont need any skills other than being able to roll the dice. If you are thinking of playing poker then make sure to practice it online or offline before you actually play it anywhere in a casino.

A poker game is really the best example of gambling that involves a great deal of skills in order to win most of the time than losing. The rest of the games that doesn't involved any skills are games based on pure luck and is very risky because you can't have much of a control over it versus poker.

But it is still gambling though, we can't change the fact that it is risky just because we are winning on it, losing could still happen most of the time since that is how gambling works, the gambling site is making more bankrolls than the money that they are losing. Poker is a game which you do really need skill, but I think it is boring since it is going to take some time to know if you win or not, unlike DICE, which you could easily know if you win or not in just pressing the roll button.
member
Activity: 282
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
We can not forever rely on gambling to earn more money. Because sebanarnya gambling is just a game. Surely there will be time to lose. Do not be too ambitious

I agree, gambling is not an earning den except for casino owner.  Gambling casino is created for entertainment and winning is the bonus.  It is made to take away stress and strain, diversification of attention after a long week of hardwork. It is profitable in terms of refreshing people for the next weeks work and if done in moderation.  It has been proven that gambling casino is one of the best way to socialize and remove stress.
That's true we cannot really earn money by gambling,  and its very sad that you've been working the whole week but lose it all in just one night if not that lucky.
member
Activity: 124
Merit: 10
Quote from: coolkiller link=topic=1186546.msg12490084#msg124e90084 date=1442913361
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Anything is possible...so yes, it can.

But statistically...the chances, that it won't is probably much much bigger and probable.
Actually gambling is not profitable  in long term because sometimes when we are playing in gambling maybe they have  time's that we are lose or win. So when we are Insufficient budget or your money is not enough to continue playing in gambling maybe  this is the reason why Gambling is not profitable in long term.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Unless you are talking about poker or a similar game then it is impossible to make money long term in gambling, that is a reality we must accept, those that are looking to make money in gambling will lose more money than they can afford, this is why the common recommendation in the forum is to gamble with moderation.

Poker game is not really easy as well to make money in the long term. Some player are good to play in a poker site but not everyone can make money from a poker site. It is hard and as hard as usual luck based game. I dont think it is profitable even for poker player because many poker player lose than win
Correct, poker is a game that is very difficult to play that is why most people lose money there too, poker is a very advanced since you need to calculate odds in a very rapid manner in order to take the right decision, so a beginner is going to get crushed if he is playing against some advanced players.
sr. member
Activity: 756
Merit: 294
Unless you are talking about poker or a similar game then it is impossible to make money long term in gambling, that is a reality we must accept, those that are looking to make money in gambling will lose more money than they can afford, this is why the common recommendation in the forum is to gamble with moderation.

Poker game is not really easy as well to make money in the long term. Some player are good to play in a poker site but not everyone can make money from a poker site. It is hard and as hard as usual luck based game. I dont think it is profitable even for poker player because many poker player lose than win

I think poker needs practice and it is not like dice or slots where your skills dont matter at all. Poker is an EV+ game after all and thus the players skills are important in order to out-play that opponent. Then in dice you dont need any skills other than being able to roll the dice. If you are thinking of playing poker then make sure to practice it online or offline before you actually play it anywhere in a casino.

A poker game is really the best example of gambling that involves a great deal of skills in order to win most of the time than losing. The rest of the games that doesn't involved any skills are games based on pure luck and is very risky because you can't have much of a control over it versus poker.
I agree with you because I have experienced gambling with my friends and I have to say that you need a lot of experience to really win their money and that's awesome. I think there are other games that require skills in order to increase the chance of winning like blackjack (if you can count cards but that's illegal) something like that.

gambling that involves skills need some time, money, and effort in order to hone and master that skill.. because practice really makes perfect. If you practice more on the game of poker, you will develop the skill of reading the minds and bluff of people.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
Unless you are talking about poker or a similar game then it is impossible to make money long term in gambling, that is a reality we must accept, those that are looking to make money in gambling will lose more money than they can afford, this is why the common recommendation in the forum is to gamble with moderation.

Poker game is not really easy as well to make money in the long term. Some player are good to play in a poker site but not everyone can make money from a poker site. It is hard and as hard as usual luck based game. I dont think it is profitable even for poker player because many poker player lose than win

I think poker needs practice and it is not like dice or slots where your skills dont matter at all. Poker is an EV+ game after all and thus the players skills are important in order to out-play that opponent. Then in dice you dont need any skills other than being able to roll the dice. If you are thinking of playing poker then make sure to practice it online or offline before you actually play it anywhere in a casino.

A poker game is really the best example of gambling that involves a great deal of skills in order to win most of the time than losing. The rest of the games that doesn't involved any skills are games based on pure luck and is very risky because you can't have much of a control over it versus poker.
I agree with you because I have experienced gambling with my friends and I have to say that you need a lot of experience to really win their money and that's awesome. I think there are other games that require skills in order to increase the chance of winning like blackjack (if you can count cards but that's illegal) something like that.
sr. member
Activity: 756
Merit: 294
Unless you are talking about poker or a similar game then it is impossible to make money long term in gambling, that is a reality we must accept, those that are looking to make money in gambling will lose more money than they can afford, this is why the common recommendation in the forum is to gamble with moderation.

Poker game is not really easy as well to make money in the long term. Some player are good to play in a poker site but not everyone can make money from a poker site. It is hard and as hard as usual luck based game. I dont think it is profitable even for poker player because many poker player lose than win

I think poker needs practice and it is not like dice or slots where your skills dont matter at all. Poker is an EV+ game after all and thus the players skills are important in order to out-play that opponent. Then in dice you dont need any skills other than being able to roll the dice. If you are thinking of playing poker then make sure to practice it online or offline before you actually play it anywhere in a casino.

A poker game is really the best example of gambling that involves a great deal of skills in order to win most of the time than losing. The rest of the games that doesn't involved any skills are games based on pure luck and is very risky because you can't have much of a control over it versus poker.
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