Can gambling be profitable in long term ? - page 28.

Rizky Aditya

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Quote from: leexhin on July 29, 2017, 10:25:19 AM

Quote from: coolkiller on September 22, 2015, 05:16:01 AM

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

The odd of earning profit in gambling is too low. But it's possible if you're a very lucky guy or if you're wise enough to quite immediately after hitting a jackpot. Statistically, the risk in losing in gambling is higher than winning. The only benefit you can gain from gambling is the fun.

I have the same opinion regarding gambling. Gambling is something that totally depends on luck. If at the time of gambling the odds are in your favor, only then you can earn profit with it. Otherwise you will bump into great loss, depending on the amount of your bet. Gambling does not work on hard and fast rules. So yeah, it could be treated as a fun.

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Of course, it can be profitable but it depends on whether you win or lose. If you win many games, it will be profitable, otherwise, you will be lead to your downfall. All you have to do is keep winning over and over. You will see how much profits you will gain.

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Quote from: Robotbitcoin22 on July 28, 2017, 12:55:11 PM

Nothing can make us rich from gambling. Now if you believe that if gambling can make rich you are stupid. Because if all the gambling players win. There will not be many gambling sites and will not grow

This is not exactly accurate, while the chances of making money in gambling are very low, there are a significant amount of people that have earned considerable amounts playing lottery and winning hundreds of thousands of dollars or even millions, the chance of winning big like them is what keeps people coming back for more.

aishyoo17

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Quote from: Pejoh Asu on July 29, 2017, 03:12:27 AM

The thing we must remember is gambling is only suitable for entertainment, not a goal for success or gain wealth. I have never heard of people who continue to earn profits until a long time and continuously, of course they percentage win and lose is the same.

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.

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Quote from: leexhin on July 29, 2017, 10:25:19 AM

Quote from: coolkiller on September 22, 2015, 05:16:01 AM

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

The odd of earning profit in gambling is too low. But it's possible if you're a very lucky guy or if you're wise enough to quite immediately after hitting a jackpot. Statistically, the risk in losing in gambling is higher than winning. The only benefit you can gain from gambling is the fun.

the problem are in long term everything required a consistency .

and gambling are not something that easy to control and earn profit steady . the house edge always have bigger chance to make it happened rather than you as a player. that is the fact that have been discussed since long time ago and everybody agree about that i guess.

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Quote from: Bitcoin_Delivery on July 29, 2017, 10:29:03 AM

Can not be profitable long term. Because basically if you win in gambling it is just a luck. No tactics on gambling. I do not believe people are successful in gambling

You're right i haven't seen any people who win in gambling for long term they all lose and sometimes they are addicted which can't stop by any people around them in the worst situation that occurs when a gambler last long in playing only few people were in control of their activity.

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Quote from: leexhin on July 29, 2017, 10:25:19 AM

Quote from: coolkiller on September 22, 2015, 05:16:01 AM

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

The odd of earning profit in gambling is too low. But it's possible if you're a very lucky guy or if you're wise enough to quite immediately after hitting a jackpot. Statistically, the risk in losing in gambling is higher than winning. The only benefit you can gain from gambling is the fun.

The real profit but if you want instant money, I think you could get it in a casino. It also depends on the part where you use different types of settings. In dice you could set a 90% chance of win rate meaning, in probably a thousand rolls/bets that you are going to make, 100 of it would probably lose and the 90% would win. Generally, that's how it should be but knowing that casinos have an edge, it might cause more problems to you more than you think.

Bitcoin_Delivery

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Can not be profitable long term. Because basically if you win in gambling it is just a luck. No tactics on gambling. I do not believe people are successful in gambling

leexhin

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Quote from: coolkiller on September 22, 2015, 05:16:01 AM

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

The odd of earning profit in gambling is too low. But it's possible if you're a very lucky guy or if you're wise enough to quite immediately after hitting a jackpot. Statistically, the risk in losing in gambling is higher than winning. The only benefit you can gain from gambling is the fun.

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Quote from: coolkiller on September 22, 2015, 05:16:01 AM

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Well we cannot be so sure that by just following the rules and be discipline we are going to win 50-100$ a day. What if we are not lucky enough on that day or within the three consecutive days that we play and we lose all the money allotted in playing? Then we cannot make that 50-100$ a day.

Can gambling be profitable in long term?
In my opinion, no we cannot be profitable in long term in gambling even though we spent our whole every day in gambling. If you are not lucky enough then you will lose. You need 100% lucky charm for you to win in gambling especially in online gambling.

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Quote from: Bitinity on July 29, 2017, 03:21:33 AM

Quote from: erwin45hacked on July 28, 2017, 10:40:09 PM

Quote from: ufaiz50 on July 28, 2017, 08:48:15 PM

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 are definitely living in a delusion. There is no way to guarantee profit in the long term unless it is EV+ betting. Even if there is EV+ betting then it wont really be there all the time that is why it is never really going to be profitable in the long term unless we invest in the gambling site bankroll that has high wagered amount

Investing in gambling site bankroll is also not a guarantee that you will make profit in long term. Anything may happen in gambling including the house get bankrupt because there are many so lucky whales. Investing in bankroll is still gambling, we can lose in long term as well.

Well everything comes with a risk and there are nothing in this world that is risk free for sure. It is not a guarantee but mathematically it is the best way of making money in the long term. There is no guarantee but atleast your chances are so much better than just gambling. When you got something much better than just choose it especially when mathematically you could make money from it

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Quote from: erwin45hacked on July 28, 2017, 10:40:09 PM

Quote from: ufaiz50 on July 28, 2017, 08:48:15 PM

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 are definitely living in a delusion. There is no way to guarantee profit in the long term unless it is EV+ betting. Even if there is EV+ betting then it wont really be there all the time that is why it is never really going to be profitable in the long term unless we invest in the gambling site bankroll that has high wagered amount

Investing in gambling site bankroll is also not a guarantee that you will make profit in long term. Anything may happen in gambling including the house get bankrupt because there are many so lucky whales. Investing in bankroll is still gambling, we can lose in long term as well.

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The thing we must remember is gambling is only suitable for entertainment, not a goal for success or gain wealth. I have never heard of people who continue to earn profits until a long time and continuously, of course they percentage win and lose is the same.

erwin45hacked

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Quote from: ufaiz50 on July 28, 2017, 08:48:15 PM

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 are definitely living in a delusion. There is no way to guarantee profit in the long term unless it is EV+ betting. Even if there is EV+ betting then it wont really be there all the time that is why it is never really going to be profitable in the long term unless we invest in the gambling site bankroll that has high wagered amount

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Quote from: ufaiz50 on July 28, 2017, 08:48:15 PM

Quote from: bitbob82 on July 28, 2017, 07:48:51 PM

Quote from: SnapDown22 on July 28, 2017, 01:49:58 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.

but it still few gamblers that can control themselves in gambling games because I have seen many times, when someone winning the games, he is attracted to continue playing without he can realize that its only makes him lose in the next games. when he decide to playing gambling for a long term, he risk his money without any guarantee for him to make big winning or at least makes much of money.

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Quote from: bitbob82 on July 28, 2017, 07:48:51 PM

Quote from: SnapDown22 on July 28, 2017, 01:49:58 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.

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Quote from: knightmairesaint on July 28, 2017, 02:24:19 PM

Quote from: SnapDown22 on July 28, 2017, 01:49:58 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

I disagree with that. I believe that we can rely on bitcoin for a long term to make us rich, what we can't rely is on playing gambling. Some of my friends have been members of this forum for years and I can guarantee that they have already saved money and have already put up a business. Actually, they are the ones who encouraged me to join this forum and to earn bitcoin by joining signature campaigns and altcoins.

Using bitcoin for gambling is a total waste of money because gambling does not guarantee any profit even playing for a long run. It will be much better to use our money for investing other than gambling.

I am a gambler and your theory does not apply to me, if we can focus then we will understand all the intent and purpose of the defeat we experience, and from there we will learn to understand something to earn long-term income, Many gamblers surrender in the early period and make a lot of arguments about their defeat, I still appreciate it because people's love of a business is relative.

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Quote from: SnapDown22 on July 28, 2017, 01:49:58 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, most of the investors are not selling their bitcoin and are trying to hold it for the future i am sure that in furture people will become more mature and will become good bitcon and altcoin traders.

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Quote from: SnapDown22 on July 28, 2017, 01:49:58 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

I disagree with that. I believe that we can rely on bitcoin for a long term to make us rich, what we can't rely is on playing gambling. Some of my friends have been members of this forum for years and I can guarantee that they have already saved money and have already put up a business. Actually, they are the ones who encouraged me to join this forum and to earn bitcoin by joining signature campaigns and altcoins.

Using bitcoin for gambling is a total waste of money because gambling does not guarantee any profit even playing for a long run. It will be much better to use our money for investing other than gambling.

SnapDown22

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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

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