Can gambling be profitable in long term ? - page 3.

glowing10

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Quote from: serjent05 on March 28, 2018, 02:07:08 AM

Quote from: Rockyxy on March 27, 2018, 10:01:03 PM

If someone follows rules and be smart enough and only desire a certain amount not too big the it is posible to do that. When your in a casino you can really win but the question is almost every player wont quit after winning thinking they would win again. But will not until you will lose every thing that you won and even all of your money in the pocket will lose to casino

That is the problem with us when we are winning. We think we are unbeatable and all our bet will be correct. So instead of stopping we tend to bet more only to find out at the end that we have emptied our bankroll. Gambling is profitable in the long run if we know how to quit and continue the games the next day. If we failed to know this, gambling will never be profitable.

This happens when success gets into our head and we think that we will keep winning always which most likely is not happening and may be at the end you may go empty handed due to the loss suffered in gambling . So always when you win just take the money and go away .

serjent05

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Quote from: Rockyxy on March 27, 2018, 10:01:03 PM

If someone follows rules and be smart enough and only desire a certain amount not too big the it is posible to do that. When your in a casino you can really win but the question is almost every player wont quit after winning thinking they would win again. But will not until you will lose every thing that you won and even all of your money in the pocket will lose to casino

That is the problem with us when we are winning. We think we are unbeatable and all our bet will be correct. So instead of stopping we tend to bet more only to find out at the end that we have emptied our bankroll. Gambling is profitable in the long run if we know how to quit and continue the games the next day. If we failed to know this, gambling will never be profitable.

Rockyxy

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If someone follows rules and be smart enough and only desire a certain amount not too big the it is posible to do that. When your in a casino you can really win but the question is almost every player wont quit after winning thinking they would win again. But will not until you will lose every thing that you won and even all of your money in the pocket will lose to casino

Caladonian

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Quote from: Bitinity on March 26, 2018, 03:45:04 AM

Quote from: Arkham Knight on March 26, 2018, 03:03:06 AM

The long term profit is for the owners of those casino or online gambling sites and not for the players. Long term players will just get more stress and depression and no benefits at all.

True, but as gambling is a game of chance then it is also possible for gambler to get profit in long term especially in a game with skills involved such as poker and sports betting. I've seen some succeed sports bettor and poker players, it is a proof that gambling is not only profitable for the casino owner but gambler have the chance to get profit as well. Although it is very rare, but it is not impossible.

And that's the reason we called them game of chances, we do hope for our luck because even we are skillful about the type of the game we played, we are still not guaranteed that it will help us to win along the way, those people who understand when skill are useful are those who can able to control their emotions and can manage well, so even it takes a long time period inside the house they will have a greater chance to win.

Kabul

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Quote from: Arkham Knight on March 26, 2018, 03:03:06 AM

The long term profit is for the owners of those casino or online gambling sites and not for the players. Long term players will just get more stress and depression and no benefits at all.

I do agree with you. It is hard win the house edge and all you can do is to watch your money flowing into their pocket. It is hard to accept that true.
However, there are still experts in trading who understand risk and manage their strategy to beat the house. Well, they are like superman and I think it is hard to become one of them

BETnaBET

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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.....?

Gambling is not profitable in long term ,you don't have the assurance to profit in gambling. This is just a past time for gamblers to relax and have space for their relax their selves sometimes. It's not good to relax the bad thing is when you're addicted in gambling.

Triffin

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Quote from: Bitinity on March 26, 2018, 03:45:04 AM

Quote from: Arkham Knight on March 26, 2018, 03:03:06 AM

The long term profit is for the owners of those casino or online gambling sites and not for the players. Long term players will just get more stress and depression and no benefits at all.

True, but as gambling is a game of chance then it is also possible for gambler to get profit in long term especially in a game with skills involved such as poker and sports betting. I've seen some succeed sports bettor and poker players, it is a proof that gambling is not only profitable for the casino owner but gambler have the chance to get profit as well. Although it is very rare, but it is not impossible.

Gamblers do get profits from gambling, sometimes huge amounts of profits but these profits are not for long term use and the reason behind this is nothing else then greed. The greed for more never allows a gambler to quit his gambling even if he has won enough amounts as a profit, he will only think to make more out of it and will continue playing gambling again. Continuing with gambling will put him in loss.

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Quote from: emberbekas on March 27, 2018, 01:49:43 PM

As I saw, most gamblers have a bad portfolio in the long term. There are only few gamblers who able to get profit in the long run. Although it is possible to be lucky on gambling but the chance is too low for most people.

I didn't know gamblers had portfolios with all of their history in it? Cheesy

.

As you say though, most people will not be winning in the long term, but in the end I don't think that matters too much.. Gambling is for entertainment as well as excitement. If you lose a long the way (without going overboard on the amounts you lose), no real harm should be done.

emberbekas

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As I saw, most gamblers have a bad portfolio in the long term. There are only few gamblers who able to get profit in the long run. Although it is possible to be lucky on gambling but the chance is too low for most people.

Allura74

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Quote from: megynacuna on March 26, 2018, 06:08:09 PM

Quote from: DU18 on March 26, 2018, 12:20:03 PM

Yes, if luck goes with you then its profitable in long term.But gambling is too risky and I don't think it's possible to consistently win in gambling.IMO it's too difficult to get profit in gambling always.So I don't think gambling is long term profitable.

Winning and making profits in gambling depends on the games you play, you cannot solely play chance games and expect to make consistent profits in the long run. There are skilled and semi- skilled based games where you are allowed to make some inputs based on your statistical analysis and instincts like sports betting which can be profitable in the long run if you commit to study it well and make informed decisions about your bets.

In a long run of gambling, profits cannot be measured by the kinds of games you had played because mostly gamblers end with empty pocket, because the fact that every gambling sites are design to be profitable and not for the bettors and as we can see that it is mostly computer generated, therefore all the bet are already computed so its hard to be profitable. As gambling reality is to lose more and to win a little.

FlightyPouch

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Quote from: DU18 on March 26, 2018, 12:20:03 PM

Yes, if luck goes with you then its profitable in long term.But gambling is too risky and I don't think it's possible to consistently win in gambling.IMO it's too difficult to get profit in gambling always.So I don't think gambling is long term profitable.

How is gambling a long term profitable there? Winning in gambling is hard, it is risky and will rely mostly on your luck than your skill though there are still a lot of people that are taking gambling as a main source of income.

For me, Gambling is not profitable in long term since you are losing a lot more before you get a good win and the winnings are still spent at gambling making more losses in the long run. Investing and Trading is better than gambling.

MMA

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Quote from: DU18 on March 26, 2018, 12:20:03 PM

Yes, if luck goes with you then its profitable in long term.But gambling is too risky and I don't think it's possible to consistently win in gambling.IMO it's too difficult to get profit in gambling always.So I don't think gambling is long term profitable.

Gambling is a game of luck and for making money from gambling it is too much important that you must have good luck, but in some gambling games like in sports gambling one need to have good study about the game and player where he is going to bet, he must know the strong and weeks points of a team which can help him in making money from gambling.

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Quote from: FRJ on March 26, 2018, 08:15:41 PM

In my opinion, long-term or short-term gambling can not be profitable. It always damages the human being. I have never seen any evidence that a player's gambling has reached the state of profit, rather I saw people playing gambling to lose weight In many countries of the worl, Many people were very wealthy but through gambling they lost all their money and started walking like street beggars and crazy,

So in my opinion, gambling can not be beneficial for a long-term or short-term period.

It's not damaging as long as you know how to control, gambling is risky and we should all know that before taking this journey
to be successful in long term because in general we have lesser chances of success and our way to be successful is only when we are too smart.

FRJ

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In my opinion, long-term or short-term gambling can not be profitable. It always damages the human being. I have never seen any evidence that a player's gambling has reached the state of profit, rather I saw people playing gambling to lose weight In many countries of the worl, Many people were very wealthy but through gambling they lost all their money and started walking like street beggars and crazy,

So in my opinion, gambling can not be beneficial for a long-term or short-term period.

megynacuna

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Quote from: DU18 on March 26, 2018, 12:20:03 PM

Yes, if luck goes with you then its profitable in long term.But gambling is too risky and I don't think it's possible to consistently win in gambling.IMO it's too difficult to get profit in gambling always.So I don't think gambling is long term profitable.

Winning and making profits in gambling depends on the games you play, you cannot solely play chance games and expect to make consistent profits in the long run. There are skilled and semi- skilled based games where you are allowed to make some inputs based on your statistical analysis and instincts like sports betting which can be profitable in the long run if you commit to study it well and make informed decisions about your bets.

sheenshane

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Quote from: DU18 on March 26, 2018, 12:20:03 PM

Yes, if luck goes with you then its profitable in long term.But gambling is too risky and I don't think it's possible to consistently win in gambling.IMO it's too difficult to get profit in gambling always.So I don't think gambling is long term profitable.

But as what I have observed those risk taker will always have a profit but you need a big amount to be a gamble.
Getting profit in gambling 80% depends on your luck the rest is your skills in gambling, so you need to cross the high risk of gambling before you have a profit but for me, it is not easy to go with the flow in my luck mostly I got lose on it.

DU18

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Yes, if luck goes with you then its profitable in long term.But gambling is too risky and I don't think it's possible to consistently win in gambling.IMO it's too difficult to get profit in gambling always.So I don't think gambling is long term profitable.

zmkriel

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Quote from: jayce on September 22, 2015, 05:40:38 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.....?

I think there is no anyone who want to build a casino if people can make $100 from that. But yeah, I guess there are some people who really that lucky.

Yes i believe in luck but it is not like that is someone who is that blessed to be lucky in his/her life in everyday for the rest of his/her life. And besides, no one can just depend in gambling as their source of income because of the time gamblers ended up with nothing left and worst with a large amount of debts.

Bitinity

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Quote from: Arkham Knight on March 26, 2018, 03:03:06 AM

The long term profit is for the owners of those casino or online gambling sites and not for the players. Long term players will just get more stress and depression and no benefits at all.

True, but as gambling is a game of chance then it is also possible for gambler to get profit in long term especially in a game with skills involved such as poker and sports betting. I've seen some succeed sports bettor and poker players, it is a proof that gambling is not only profitable for the casino owner but gambler have the chance to get profit as well. Although it is very rare, but it is not impossible.

Arkham Knight

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The long term profit is for the owners of those casino or online gambling sites and not for the players. Long term players will just get more stress and depression and no benefits at all.

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