Can gambling be profitable in long term ? - page 32.

South Park

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I am terrible at Fantasy Football!!!

Quote from: bluefirecorp on July 15, 2017, 01:00:37 PM

Quote from: Schuyler on July 14, 2017, 12:15:23 AM

Quote from: FanEagle on September 22, 2015, 04:49:14 AM

If you have enough wiseness to do it, you can.

Actually, you cannot make a 100% sure prediction that the lucky streak will continue or the losing streak will stop.Of course, there is a reason behind this uncertainty. Even if he/she has a wiseness strategy,gambling will not be a long term profit.

I think not only in gambling but I think even in trading and investment we cannot give a 100% prediction. And the is only because that luck is always there in every profession, we mostly depend on our luck and no one can say any think about luck in advance. Therefore we cannot give 100% prediction. We can only speculate and forecast, in gambling no one know in advance that either in long run we can make money or not.

The truth is there is not a 100% way of being sure of anything but the difference is that in trading, luck has a smaller influence than it does in gambling, in trading if you are able to analyze the charts and see the fundamentals then your probabilities of making profits go up.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Hikol on July 17, 2017, 08:24:59 AM

I think so. If you gamble using some good and reliable websites and do it wisely, you will get some really good money from it, I guess.

If that was true then people would not work hard to study and earn money by working hard. Everyone would have joined a casino which would rain money to its people (itself though never going bankrupt) and there would be no poverty in the world. This dream like situation is very much an illusion and a very vivid one for the addicted gamblers. Gambling should be done in limits and dont let your greed take control of you.

coin_1122

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Quote from: Hikol on July 17, 2017, 08:24:59 AM

I think so. If you gamble using some good and reliable websites and do it wisely, you will get some really good money from it, I guess.

I never find any positive comment on whether gambling is profitable in long term.Only profitable in long term investments into trading here prediction will come to true at one point in trading but in gambling, it is not all possible.

crwth

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Quote from: flower1024 on July 18, 2017, 03:41:55 AM

Quote from: daringdiscovered on July 17, 2017, 08:13:11 PM

Quote from: Aleister Crowley on July 16, 2017, 10:28:12 PM

Quote from: lorylore on July 16, 2017, 06:45:05 AM

That also does not means that you are winning. This can be selective evidence. On the other hand, it is very easy to have this kind of results if you have a big bankroll. However, even months of winning does not provide that you can win in the long run, all it takes is just one bad run and all your previous earning is gone.

It is true and there is a challenge for us to position ourselves when the rotation feels impartial to us,
All need time and a positive response.
Think of a high-level gambler

It is still not enough, we are talking about gambling here, I hope you know that. Gambling is mostly all about luck most of the time, and thinking positive only help us a little, but the house doesn't care about on whatever we are thinking, all they care is to make some money to all of the gamblers, and if you win, then you are lucky, but if you didn't, then think of it if you are going to quit it or not, it is your choice anyways.

Playing with the positive mind will save us some money, but it will not help us to make money. So what ever we think finally the house will win and we are the losers. Your good if you win some money from gambling then it is your lucky day withdraw that money and enjoy. Don't waste again to play with gambling.

I think that being positive is not enough in order to profit in somethings, probably in businesses but gambling, it can't be assured. If you use our own bodies and make effort to research in order to make the most of your money, then probably it's going to be something that you could prepare by using strategies or what not. It's not always going to be winning part because you will never know when the unexpectable chain of losing will you receive.

flower1024

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Quote from: daringdiscovered on July 17, 2017, 08:13:11 PM

Quote from: Aleister Crowley on July 16, 2017, 10:28:12 PM

Quote from: lorylore on July 16, 2017, 06:45:05 AM

That also does not means that you are winning. This can be selective evidence. On the other hand, it is very easy to have this kind of results if you have a big bankroll. However, even months of winning does not provide that you can win in the long run, all it takes is just one bad run and all your previous earning is gone.

It is true and there is a challenge for us to position ourselves when the rotation feels impartial to us,
All need time and a positive response.
Think of a high-level gambler

It is still not enough, we are talking about gambling here, I hope you know that. Gambling is mostly all about luck most of the time, and thinking positive only help us a little, but the house doesn't care about on whatever we are thinking, all they care is to make some money to all of the gamblers, and if you win, then you are lucky, but if you didn't, then think of it if you are going to quit it or not, it is your choice anyways.

Playing with the positive mind will save us some money, but it will not help us to make money. So what ever we think finally the house will win and we are the losers. Your good if you win some money from gambling then it is your lucky day withdraw that money and enjoy. Don't waste again to play with gambling.

daringdiscovered

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Quote from: Aleister Crowley on July 16, 2017, 10:28:12 PM

Quote from: lorylore on July 16, 2017, 06:45:05 AM

That also does not means that you are winning. This can be selective evidence. On the other hand, it is very easy to have this kind of results if you have a big bankroll. However, even months of winning does not provide that you can win in the long run, all it takes is just one bad run and all your previous earning is gone.

It is true and there is a challenge for us to position ourselves when the rotation feels impartial to us,
All need time and a positive response.
Think of a high-level gambler

It is still not enough, we are talking about gambling here, I hope you know that. Gambling is mostly all about luck most of the time, and thinking positive only help us a little, but the house doesn't care about on whatever we are thinking, all they care is to make some money to all of the gamblers, and if you win, then you are lucky, but if you didn't, then think of it if you are going to quit it or not, it is your choice anyways.

megynacuna

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Quote from: shulio on July 17, 2017, 01:58:47 PM

Quote from: RealBitcoin on July 17, 2017, 01:13:02 PM

It can only be profitable if you actually have some edge over the game. But then its not so much called gambling, more like a skill game or investing.

We wont have edge over the game which makes it really hard for us to win however we dont need to play to win because we cant win, it is better to play for fun and hope that we win. Sometimes if we do this then we can get some money if we are lucky but it still wont be profitable in the long term for sure

Realistically it's difficult for it to be profitable even in the long term but every individual's case varies from each other and so it will difficult to render a general advice because you can win the jackpot any day and unplanned and so I will fancy my chances and so if say it can be profitable (not it will be).

shulio

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Quote from: RealBitcoin on July 17, 2017, 01:13:02 PM

It can only be profitable if you actually have some edge over the game. But then its not so much called gambling, more like a skill game or investing.

We wont have edge over the game which makes it really hard for us to win however we dont need to play to win because we cant win, it is better to play for fun and hope that we win. Sometimes if we do this then we can get some money if we are lucky but it still wont be profitable in the long term for sure

RealBitcoin

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It can only be profitable if you actually have some edge over the game. But then its not so much called gambling, more like a skill game or investing.

Poker players are doing fine because that game is mostly skill based.

Traders are doing fine too, because that game is also skill based.

phr0stbyt3

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Rules what rules are there in gambling which can help you earn 50$ gambling has no rules only betting has rules but the rules are not for betting but for the game you are betting on. While if you are gambling on an online casino the main rules are no multiple accounts , no claiming multiple bonuses from different accounts and that's it. Following these rules won't get your account suspended and that's it , there is no rule which will help you earn 50$

8Habits

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Quote from: roomfirst on July 17, 2017, 08:54:27 AM

Yes, you can and it's possible to get profit on gambling in a long term. If you play on sportsbook, you can go to reddit soccer betting and reddit sportsbook and just follow the best tipster on that subreddit. With good bankroll and unit for each bet, i'm sure you can get much profit in long term bet. I already use this and it works, even the profit is not that big.

Good idea. The thing is, it really depends to what kind of gamble we are talking to. If it is a slot machine, then there is no way to guarantee that we can be profitable in the long run because the game is based on pure luck. Whereas, sports betting and poker requires skills in order for you to win.

roomfirst

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Yes, you can and it's possible to get profit on gambling in a long term. If you play on sportsbook, you can go to reddit soccer betting and reddit sportsbook and just follow the best tipster on that subreddit. With good bankroll and unit for each bet, i'm sure you can get much profit in long term bet. I already use this and it works, even the profit is not that big.

Hikol

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I think so. If you gamble using some good and reliable websites and do it wisely, you will get some really good money from it, I guess. I mostly gamble at https://vulkanvegas.com/en by the way, and I make some really good monthly income. It is so cool!

molsewid

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Quote from: erwin45hacked on July 17, 2017, 08:11:00 AM

Quote from: EdenHazard on July 17, 2017, 07:24:41 AM

even in trading where basically everything could be predicted based on the fact and realtime data, mostly ended up with loss. and this one gambling are luck based money game , everything are pure uncertain and of course unpredictable .

but people keep believe that there is a way to exploit and make profit there.

You can really predict things in trading and it is not possible to predict things in gambling. The only chance for us to win money in the long term is to play EV+ games therefore you dont need to even think how do it right when you are just playing EV- games because you are not really going to win anything anyway

That's true in gambling you can do bet anytime you want and lose everything you had in your pocket but in trading once you already know the flow of trading industry it is not hard for you to know what coins you'll be buy and has the potential to grow and you can hold it for long term depends on the capability of one coin. I do not compare games to reality that makes me earn money.

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Quote from: EdenHazard on July 17, 2017, 07:24:41 AM

even in trading where basically everything could be predicted based on the fact and realtime data, mostly ended up with loss. and this one gambling are luck based money game , everything are pure uncertain and of course unpredictable .

but people keep believe that there is a way to exploit and make profit there.

You can really predict things in trading and it is not possible to predict things in gambling. The only chance for us to win money in the long term is to play EV+ games therefore you dont need to even think how do it right when you are just playing EV- games because you are not really going to win anything anyway

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Quote from: Janation on July 16, 2017, 08:50:12 AM

Quote from: Gastotade on July 16, 2017, 08:43:27 AM

Quote from: Cherylstar86 on July 16, 2017, 07:03:10 AM

Quote from: KingdomHearts on July 16, 2017, 05:53:33 AM

Quote from: AtlantaFive on July 14, 2017, 12:35:29 AM

Maybe but it depends on the people and where they gamble. If they are good sports analyst or have a good skills in predicting you or they will earn a lot in sports betting. For me sports gambling is the easiest way to earn. Combination of luck and analytical skills will surely give you an advantage over it unless the team you were betting is playing bad in their game. Always gamble money that you can afford to lose so you won't end up crying when you lose it all.

Yes there are some gambling games where we not only depend on our luck, but our experience and skill also play important role. For example if a person have good experience in sports gambling and he also know about a game and about the players or teams then he can really give a good analysis about that game and have more chances to make money there.

I don't think sports betting experiences is a good key that a gambler needed to win, because it's only by chance that you will win. The exact phase of a gambling activity which a person will always wanted is they should not take it into extreme. But for me I don't believe that it can be always profitable in long term, and the real idea is that you will be possible to always lose if you kept doing it always.

gambling in long term may not be a good idea, its good to play once in a while since we can be triggered to win and if winnings already happen then take a break or vice versa if lose take a break. We should find time for other activities as well.

As a gambler, we all know that most of the gamblers lose their gambling activities and win sometimes, if you will sum it all up, gamblers lose more than they win.
The best thing you must do is to avoid gambling, it is ok if you can't avoid it regularly, as long as you put a time even if you are playing everyday.

even in trading where basically everything could be predicted based on the fact and realtime data, mostly ended up with loss. and this one gambling are luck based money game , everything are pure uncertain and of course unpredictable .

but people keep believe that there is a way to exploit and make profit there.

Caladonian

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Quote from: Aleister Crowley on July 16, 2017, 10:28:12 PM

Quote from: lorylore on July 16, 2017, 06:45:05 AM

That also does not means that you are winning. This can be selective evidence. On the other hand, it is very easy to have this kind of results if you have a big bankroll. However, even months of winning does not provide that you can win in the long run, all it takes is just one bad run and all your previous earning is gone.

It is true and there is a challenge for us to position ourselves when the rotation feels impartial to us,
All need time and a positive response.
Think of a high-level gambler

got some point here yeah if we knew where to place our position and it can be profitable in the long run placing bigger bets when we are lucky
and minimize if we are unlucky and try to assess once more, all things can be done right with the right practice and right attitude, the more
we try it harder the better results we can have.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: hovrah on July 16, 2017, 09:11:17 AM

Quote from: jamyr on July 16, 2017, 09:02:47 AM

Quote from: Aleister Crowley on July 15, 2017, 06:28:41 PM

..snip.,

That is some serious discipline. Although sites I play at have higher minimum withdrawal restriction. And I would feel like I am just contributing to the already congested blockchain.

Also most likely those winnings that you claim looks like faucet winnings.

Cheesy

Do you really think that you get a good profit from gambling compared to other opportunities?

I really dont believe everything I see - things that we see on the internet and we are not able to interpret if the thing is faked or true if not enough satisfactory proof is provided. Then again many people do win big in gambling. I suggest people to keep gambling to a limited amount and not be too serious about losses. If you feel desperate to winning back lose you are no good than an addict. Also be careful of what you see in the internet because it may be just half the truth or totally false.

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Quote from: lorylore on July 16, 2017, 06:45:05 AM

That also does not means that you are winning. This can be selective evidence. On the other hand, it is very easy to have this kind of results if you have a big bankroll. However, even months of winning does not provide that you can win in the long run, all it takes is just one bad run and all your previous earning is gone.

It is true and there is a challenge for us to position ourselves when the rotation feels impartial to us,
All need time and a positive response.
Think of a high-level gambler

poplolnman

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Quote from: wahb on July 15, 2017, 06:16:28 PM

Quote from: buyinbtc on July 15, 2017, 04:45:19 PM

Quote from: inoes on July 13, 2017, 12:00:42 PM

i just want to say '' when you know to stop , when you know to cashout your profit '' this is the reall gambler for me Wink

trust me gambling its all about your mentality and 100% luck.

I wouldn't say that gambling is only about luck, there are some strategy involved in it. Of course sometimes you will win only because you got lucky and that works in dice rolls or any other casino games, but strategy can also bring you profit if you have bad luck in poker. So i would say that gambling is 70% luck and 30% skill and strategy it depends on game you play though.

i think there are some other formats of gambling where we are not only depending on our luck but we also use our experience and analysis. for example in sports gambling we have advantage to use our experience and analysis.

and again people not realized yet about how the odds in sportsbetting always against you , there is alittle chance only to make a steady income through gambling no matter it's sportsbetting or whatever. people should wake up from a delusional expectation , gambling are the worst way to make profit even you are skillful and full of experience.

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