Can gambling be profitable in long term ? - page 27.

poplolnman

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Quote from: kpcian on August 02, 2017, 12:20:17 AM

I think it is not a good option for a long time, it is totally dependent on luck, it is not a business procedure.gambling is just a game...
at first, it has been created for the entertaining purpose not for making a profit. yes, it has some options to make a profit but not for the long term period.

yeah everyone know about that i guess but still didn't care when it comes to gambling. a game where used to make money steady for those people who greedy enough. gambling full of things that you'll never imagine before. and mostly give you a bad experience. i wouldn't gamble for money anymore it's just wreck your life.

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Quote from: kpcian on August 02, 2017, 12:20:17 AM

I think it is not a good option for a long time, it is totally dependent on luck, it is not a business procedure.gambling is just a game...
at first, it has been created for the entertaining purpose not for making a profit. yes, it has some options to make a profit but not for the long term period.

Though i disagree in a way that its exclusively dependent on luck, i think you're right that gambling is not a business. It's not something that people should look into for earning money whether short or long term. You're risking way too much if you see gambling as a source of income and it would probably not be worth it at all.

kpcian

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I think it is not a good option for a long time, it is totally dependent on luck, it is not a business procedure.gambling is just a game...
at first, it has been created for the entertaining purpose not for making a profit. yes, it has some options to make a profit but not for the long term period.

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Quote from: Oo ako to on August 01, 2017, 08:44:56 PM

No. Are you serious? I am not sure about how much is the winning percentage but I can say that its definitely below 50 percent. Losing are more if you compare it with your wins. In the long run gambling can not be profitable as one day you will loose whatever you have earned from gambling.

We can make gambling profitable in the long term. There are people who invested to the bankroll of gambling sites and they just do nothing with their investments. They let the casino play for their money as we know house edge always win and if you are an investor the house is always with you and you will be hitting green for investing with them.

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Quote from: Oo ako to on August 01, 2017, 08:44:56 PM

No. Are you serious? I am not sure about how much is the winning percentage but I can say that its definitely below 50 percent. Losing are more if you compare it with your wins. In the long run gambling can not be profitable as one day you will loose whatever you have earned from gambling.

The percentage to win at the x2 options is actuallly 49.5% and not 50% . It is because of the 1% house edge mostly on every site however the percentage could be higher or lower depending on the house edge that is why it will never be profitable to win in the long term in a gambling site

Oo ako to

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No. Are you serious? I am not sure about how much is the winning percentage but I can say that its definitely below 50 percent. Losing are more if you compare it with your wins. In the long run gambling can not be profitable as one day you will loose whatever you have earned from gambling.

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Quote from: Ziskinberg on July 31, 2017, 11:45:14 PM

Quote from: shulio on July 31, 2017, 09:11:37 PM

Quote from: eann014 on July 31, 2017, 08:39:26 PM

I agree, I am also a gambler before and I am addicted. I want to play everyday, if not I will everything just to make it happen, I am just losing and not winning in a long run. As the days past, I realize that gambling is just not helping me. I am just enjoyinh but there is no benefit with it. So gambling in a long run is not profitable.

Gambling is not helping you to get money but Im sure that you are having fun in gambling. I was like that as well and I changed my perspective, that is why I only play with a small amount for fun . If I keep doing this, I dont have to worry about losing money in the long term because it is only a small amount

In my point of view, gambling is not something that could give us a profit, it is something that we can do for fun while we are spending our money.
Although it is not impossible to win in the long run but the gambler who can do that are only the ones who has an extreme talent or we can call him a gifted person to do gambling as his passion. Many have tried to go that path to make money but most of them failed, and I can say I am one of them.

Well, indeed, another function of gambling is to have fun and relieve stress. But when it can also be a long stress due to defeat. I have never seen firsthand the people get a long term advantage when playing gambling. But, if that person often loses in a long time, I am also one of the people.

Ziskinberg

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Quote from: shulio on July 31, 2017, 09:11:37 PM

Quote from: eann014 on July 31, 2017, 08:39:26 PM

I agree, I am also a gambler before and I am addicted. I want to play everyday, if not I will everything just to make it happen, I am just losing and not winning in a long run. As the days past, I realize that gambling is just not helping me. I am just enjoyinh but there is no benefit with it. So gambling in a long run is not profitable.

Gambling is not helping you to get money but Im sure that you are having fun in gambling. I was like that as well and I changed my perspective, that is why I only play with a small amount for fun . If I keep doing this, I dont have to worry about losing money in the long term because it is only a small amount

In my point of view, gambling is not something that could give us a profit, it is something that we can do for fun while we are spending our money.
Although it is not impossible to win in the long run but the gambler who can do that are only the ones who has an extreme talent or we can call him a gifted person to do gambling as his passion. Many have tried to go that path to make money but most of them failed, and I can say I am one of them.

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Anything is possible because there are really those lucky ones who would profit from it. I think these people are the ones who can control their emotions when they won, they would be satisfied by it by setting a certain amount and then would stop to play again another day. Then when they lose they would only gamble what they can afford to lose and not use any money for their needs. This way they can control their money and if they are lucky it would be profitable for them.

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Quote from: eann014 on July 31, 2017, 08:39:26 PM

I agree, I am also a gambler before and I am addicted. I want to play everyday, if not I will everything just to make it happen, I am just losing and not winning in a long run. As the days past, I realize that gambling is just not helping me. I am just enjoyinh but there is no benefit with it. So gambling in a long run is not profitable.

Gambling is not helping you to get money but Im sure that you are having fun in gambling. I was like that as well and I changed my perspective, that is why I only play with a small amount for fun . If I keep doing this, I dont have to worry about losing money in the long term because it is only a small amount

eann014

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Quote from: Charot12345 on July 25, 2017, 11:27:38 PM

Quote from: coin_1122 on July 12, 2017, 07:15:43 AM

Gambling is not like trading for analyzing and invest into trading. Gambling is always a short term investment where people will have 100% chance to loose the money.

I agree. Gambling is a short term investment. In gambling, you can get profit for a very short time depends on your luck. But the possibility of losing than earning in a long term is very high.

I agree, I am also a gambler before and I am addicted. I want to play everyday, if not I will everything just to make it happen, I am just losing and not winning in a long run. As the days past, I realize that gambling is just not helping me. I am just enjoyinh but there is no benefit with it. So gambling in a long run is not profitable.

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Quote from: nmaryrai on July 31, 2017, 11:29:28 AM

Doesnt work for me. Gambling doesnt provide longterm benefits, but i dont know with gambler has a target profit in gambling.

Gambling can't assure you that you could make profits on it in the long run, but if you are lucky enough to win most of the time, then I guess gambling could be profitable in the long run, though it is still very risky. We are not sure if we are going to win on gambling whenever we are doing gambling, obviously that is why we are taking the risk because we thought that gambling could be the way where we could earn a lot of money.

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Quote from: anami57 on July 30, 2017, 12:48:16 PM

Seems very difficult to rely on gambling to make a profit much less for long term. Because in gambling, emotions play a huge role.

to me i will like to say that bitcoin can be profitable in long term but you need to have good experince, skill and the most important is to have good luck, then you can really make a good profit even in long term. in my area there are a lot of poeple who are playing gmalbing for a long time and they are also making good money fromi it.

nmaryrai

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Doesnt work for me. Gambling doesnt provide longterm benefits, but i dont know with gambler has a target profit in gambling.

poplolnman

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Quote from: anami57 on July 30, 2017, 12:48:16 PM

Seems very difficult to rely on gambling to make a profit much less for long term. Because in gambling, emotions play a huge role.

yeah we mostly used our emotions rather than common sense , cool head and reasonable options. gambling always leading people to make mistakes and ended up with bad things , noone could completely handle it smoothly . and make gambling profitable in the long run itself are not something that easy to realized , it's insanely difficult.

8Habits

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Quote from: mobilestrike on July 30, 2017, 04:21:50 PM

Quote from: ufaiz50 on July 28, 2017, 07:48:15 PM

Quote from: bitbob82 on July 28, 2017, 06:48:51 PM

Quote from: SnapDown22 on July 28, 2017, 12:49:58 PM

I do not think we can rely on bitcoin for the long term. Because of the nature of human passions that will eventually make a defeat when gambling I've proven that gambling is just making up

but i think now bitcoin traders and investors have become so much mature and they are mostly holding their bitcoin in panic situation. and the current situation is the best example of that.

I really think we can still rely on bitcoin in a long time and the increasing demand for bitcoin to date that makes the price go up proves that bitcoin is still reliable. desire of greed and unable to control themselves from lost or win makes the gambler lose if that person can control himself gambling long-term profits is possible.

You mean to buy bitcoin. Great idea because the bitcoin price is going very high which will give us boost to buy. So we should buy now to make our profit in to 40x. Because it is the only last time to buy in a good prices because the bitcoin will go to in the end of year to $4000 USD which is quite more. So it is time to buy in $2770 USD to make our profit $2000 USD.
In gambling we can get the success with it

I guess I would agree with you that it is still a good time to buy bitcoin at present time because its price value is really promising. In fact, I have read some articles somewhere that one of the analysts said that bitcoin could reach up to $10k per bitcoin in the next 5 - 10 years.

mobilestrike

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Quote from: ufaiz50 on July 28, 2017, 07:48:15 PM

Quote from: bitbob82 on July 28, 2017, 06:48:51 PM

Quote from: SnapDown22 on July 28, 2017, 12:49:58 PM

I do not think we can rely on bitcoin for the long term. Because of the nature of human passions that will eventually make a defeat when gambling I've proven that gambling is just making up

but i think now bitcoin traders and investors have become so much mature and they are mostly holding their bitcoin in panic situation. and the current situation is the best example of that.

I really think we can still rely on bitcoin in a long time and the increasing demand for bitcoin to date that makes the price go up proves that bitcoin is still reliable. desire of greed and unable to control themselves from lost or win makes the gambler lose if that person can control himself gambling long-term profits is possible.

You mean to buy bitcoin. Great idea because the bitcoin price is going very high which will give us boost to buy. So we should buy now to make our profit in to 40x. Because it is the only last time to buy in a good prices because the bitcoin will go to in the end of year to $4000 USD which is quite more. So it is time to buy in $2770 USD to make our profit $2000 USD.
In gambling we can get the success with it

anami57

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Seems very difficult to rely on gambling to make a profit much less for long term. Because in gambling, emotions play a huge role.

South Park

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Quote from: SnapDown22 on July 28, 2017, 12:49:58 PM

I do not think we can rely on bitcoin for the long term. Because of the nature of human passions that will eventually make a defeat when gambling I've proven that gambling is just making up

If we cannot rely on bitcoin for the long term then that will mean that no cryptocurrency can be trusted for the long term, and this is something I disagree with it, bitcoin is going to be here for a very long time no matter what it happens and the profits for those that believe in that are going to be huge.

shulio

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Quote from: aishyoo17 on July 29, 2017, 10:43:39 AM

Agree gambling was made long time ago for entertainment and not to be the source of insant money. Its how the business owners advertise their gambling sites and casino that makes everyone want to gamble, like how they put big amount of jackpot prize and as a human being we all want to try our luck in any kind of way just to get money.

It was for entertainment and will always be entertainment. Even right now it is still for entertainment. Alot of people come bck because it is fun to gamble. For me it is fun because I can relieve my stress as well as trying my luck so that I can try to win something. Im not hoping for it but atleast If I win then it will be great

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