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Topic: Can gambling be profitable in long term ? - page 39. (Read 112258 times)

full member
Activity: 210
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Profitable?? Yeah...profitable for the Casino  Grin
For the gamblers, it will usually brake them financially unless they are able to control their emotions and manage their money properly.
full member
Activity: 145
Merit: 100
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Gambling can not make a profit in the long run, only gambling owners can earn it. Usually it takes big newcomers to beginners, but they stupidly dispose of money.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Certainly no. Gambling don't give constant profit. It's not good idea also to play for long term since we are more likely to lose if we do that so. Gambling would be profitbale for short term so the control is in favor of you.

Gambling depends purely on luck for all EV- games and the odds are against you. You cannot expect to beat the casino and loot a big jackpot in a single bet. Many people have become beggars by simply making huge bets for days and still never winning the jackpot. Even if they would have won they would probably be in a negative profit zone, meaning that the amount they lost is far greater than what they won - rendering the winning of jackpot completely useless if they really did win it. Hence it totally depends on luck and so dont think of gambling like a short term or long term investment.
legendary
Activity: 3010
Merit: 1280
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I really doubt that it is possible in long term. Yes, there are numerous poker players who win often and a lot, but much much more other people who are losing their money.

The only way to be profitable in long term is ownership of casino company or poker rooms
Probably the one who is losing are the ones where the money comes from the players win and the casino is happy from that because they earn something from the loss of somebody. In the long run, the casino always wins and there is nothing you could do about it.

There are times when Casino have to shutdown because they were bankrupt.  There are players that are able to win a huge amount of money even though they just have a small amount to gamble.  This is where the Casino Bankroll have to release funds and if this thing continue to happen then the House Bankroll will be depleted and eventually the Casino will declare bankruptcy and shutdown.  This scenario is possible to happen and we have heard several Casino shutting down because of this event.
copper member
Activity: 2940
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I really doubt that it is possible in long term. Yes, there are numerous poker players who win often and a lot, but much much more other people who are losing their money.

The only way to be profitable in long term is ownership of casino company or poker rooms
Probably the one who is losing are the ones where the money comes from the players win and the casino is happy from that because they earn something from the loss of somebody. In the long run, the casino always wins and there is nothing you could do about it.
newbie
Activity: 36
Merit: 0
I really doubt that it is possible in long term. Yes, there are numerous poker players who win often and a lot, but much much more other people who are losing their money.

The only way to be profitable in long term is ownership of casino company or poker rooms
hero member
Activity: 1078
Merit: 501
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Your expectations are simply too high, if you are lucky  you could earn that in a day, but since the odds are not on your side the most likely outcome is that you lose more money than you earn, by generations gambling has seemed like a way to earn some money with ease, but the truth is, that earning money in gambling is one of the most difficult things to do.
I agree with you to earn money in gambling isn't easy because we can only win at a certain moment and it is impossible we can win in gambling every day so it is very impossible to believe if they say can win every day in gambling.
That's true, if we are not lucky enough to win we will never win the game so at the same time we also lose money. It is really not easy to win all the time when we play gambling. But maybe we can less our losses to just bet with small amount.
That's why its important for us to put limitation and a good money management when we do play gambling in order to minimize lose when we are playing it. Gambling cant be profitable in long run specially on luck based games and with this instead of winning money we would eventually lose even more but there are type of games which can be possible to make income if you are really good at it.
That's true, it is still depend of what type of gambling game do you play. We can never make gambling as a profitable in a long run, it ia depend if you are very lucky to win often in gambling.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Certainly no. Gambling don't give constant profit. It's not good idea also to play for long term since we are more likely to lose if we do that so. Gambling would be profitbale for short term so the control is in favor of you.

The only way to make 50-100$ a day in casinos is if you invest 50k$ in a bankroll or get a shitload of active referrals that gamble a lot.
full member
Activity: 346
Merit: 103
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Certainly no. Gambling don't give constant profit. It's not good idea also to play for long term since we are more likely to lose if we do that so. Gambling would be profitbale for short term so the control is in favor of you.
sr. member
Activity: 378
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.....?

 For me in my opinion I think gambling well never be a profitable in the long term, especially sometimes we go greedy and go for another spin. We live in reality not in movies, even if you have rules in yourself or discipline your self not to over board, there are always time that your going to exceed go for it. I have more trust on investing than gambling if you are talking in long term profit. In investing your money you can see how much will you and you can invest in different places, than gambling you can lose you savings or money in an instant its just like giving away money. That's why I prefer investing than gambling.
to me  I think it is different from person to person. and I am sure because I personally know some people who are rich in gambling only and they do not have any other source of income, they are in fact making a good amount of money. they play gambling with some good strategy which enable them to protect themselves from losing money in gambling and to  make more .
hero member
Activity: 2884
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I believe gambling we all lose in long term but if we never won then we wouldn't be addicted in the first place that is  the kick. I have seen people gamble all day with far smaller amount in pocket than that. I really would quit trying to understand the addicts point of view and focus on what you can control and influence. Gambling will only stop or cease when you wishes it too and not a single second beforehand.
That is the trick that gambling plays on us, we can win in the short term and that gets our hopes up that we may win in the long term, but in the long term there is a mathematically guarantee that we are going to lose, then people realize the amount of money they have lost and then they try to at least break even but they only get deeper into their addiction.
hero member
Activity: 756
Merit: 520
If you stop gambling at a right time then it can be profitable for you but if you keep on gambling again and again then it will never help you either in short term or even in long term as you will surely loose everything that you have won so far if you don't quit.

Self Control is one thing which determines whether you will end up in profit or loss. Because if you get addicted and you play again and again you will end up in a loss for sure. Because the longer you stay in casinos to play more profits to the casinos is the general statistics. So better in short time whether you win or lose you should go away and overall you might be in more profit in the long run if you stay for shorter duration.

Short or long as long you do play gambling you will eventually lose up money when luck isnt on your side. Gambling cant be profitable on long term thats why its only good for entertainment and not to think off on making money on it for longer runs because most common thing do happen on the end of playing gambling is being wrecked and left a hole in your pocket.

I agree that gambling will not be profitable in the long term, but if you control your bankroll and manage your gameplay, you can able to make a profit in the long term. This is not easy, but if you have self control, you can make it. To make money in long term, we must know when to stop our game then only it is possible.

precisely, the actual gambling could just give us an advantage in the long term. Because the actual gambling have almost identical to trading, it's just gambling more brutal and do not know the main principles. One thing you must have is self control, if you can control yourself then it's one of the values that are very valuable to you. Because without self control, all the good plans of any kind will inevitably crumble in a few moments. The analysis should also be at your disposal to create a strategy from existing data
 
legendary
Activity: 1540
Merit: 1016
For me in my opinion I think gambling well never be a profitable in the long term, especially sometimes we go greedy and go for another spin. We live in reality not in movies, even if you have rules in yourself or discipline your self not to over board, there are always time that your going to exceed go for it. I have more trust on investing than gambling if you are talking in long term profit. In investing your money you can see how much will you and you can invest in different places, than gambling you can lose you savings or money in an instant its just like giving away money. That's why I prefer investing than gambling.

You should trust investment more, I am like that as well but I still play although I know that Im going to lose. Im having fun and that is all I need because I dont need to get money from gambling because I can get money from investment. It is great to know that there are people that have same thinking like me
sr. member
Activity: 672
Merit: 250
In short there are different kind of gambling types which we can able to make money on the tier where those games need analyzation and experience. There are no tricks on gambling as you said specially on pure luck based games because it does really matter on luck purely which mostly gambler do end up on losing but if we are talking about those sports games and cards its possible to be profitable on long term but risk would really remain high.

Do you think it is profitable in the long term? if yuou do think so then feel free and do it to check wether it is true or not. Sometimes you dont need to think about these kind of stuff because you already know the answer. Just because there are alot of winner in sportsbetting it doesnt mean you are going to be one of them

Your idea it's good but It doesn't mean trying to check a gambling games should be tried in order to experience the positive and negative side of what gambling is. In my own experience based on the actual and from the people I've know before, they don't have a long term profit from gambling and if we talk about mine. Exactly I must came up to a conclusion that same as my friends feedback we will not gain profitable gambling investments in a long term, everything will end up to loss of funds if you fail on your bets always.

sr. member
Activity: 336
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.....?

 For me in my opinion I think gambling well never be a profitable in the long term, especially sometimes we go greedy and go for another spin. We live in reality not in movies, even if you have rules in yourself or discipline your self not to over board, there are always time that your going to exceed go for it. I have more trust on investing than gambling if you are talking in long term profit. In investing your money you can see how much will you and you can invest in different places, than gambling you can lose you savings or money in an instant its just like giving away money. That's why I prefer investing than gambling.
legendary
Activity: 1316
Merit: 1011
In short there are different kind of gambling types which we can able to make money on the tier where those games need analyzation and experience. There are no tricks on gambling as you said specially on pure luck based games because it does really matter on luck purely which mostly gambler do end up on losing but if we are talking about those sports games and cards its possible to be profitable on long term but risk would really remain high.

Do you think it is profitable in the long term? if you do think so then feel free and do it to check wether it is true or not. Sometimes you dont need to think about these kind of stuff because you already know the answer. Just because there are alot of winner in sportsbetting it doesnt mean you are going to be one of them

I can not say that sports betting is profitable in the long run, but one thing I will confirm that sports betting will give you good profit if you are a sports lover and you have hands of experience in all sports which you will prefer to bet. Not everytime our guessing will be right, but most of the time we will win. This is true if you have any sports knowledge you can try it once you get to know whether it is profitable or not. Because people will say based on their experience, but if you want to know the truth you must have once experience. 
legendary
Activity: 1064
Merit: 1000
In short there are different kind of gambling types which we can able to make money on the tier where those games need analyzation and experience. There are no tricks on gambling as you said specially on pure luck based games because it does really matter on luck purely which mostly gambler do end up on losing but if we are talking about those sports games and cards its possible to be profitable on long term but risk would really remain high.

Do you think it is profitable in the long term? if you do think so then feel free and do it to check wether it is true or not. Sometimes you dont need to think about these kind of stuff because you already know the answer. Just because there are alot of winner in sportsbetting it doesnt mean you are going to be one of them
legendary
Activity: 3094
Merit: 1127

in gambling so needed something tricks in order to achieved the goal to gain a big advantage when you play a gamble, but if you stop in the gambling at the moment just right will certainly be beneficial for you in the long run. by the way you have to know when you want to lose should immediately stop the game gambling Cheesy

Some tricks? You might be thinking of some strategies because there are no tricks in life to earn money. In case of EV- games any strategy will lead you to loss because the odds are against you. However in EV+ games you can get advantages with proper strategies and if you change your strategies often. Then again you can lose if you are too rash and dont think before betting and all.
In short there are different kind of gambling types which we can able to make money on the tier where those games need analyzation and experience. There are no tricks on gambling as you said specially on pure luck based games because it does really matter on luck purely which mostly gambler do end up on losing but if we are talking about those sports games and cards its possible to be profitable on long term but risk would really remain high.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)

in gambling so needed something tricks in order to achieved the goal to gain a big advantage when you play a gamble, but if you stop in the gambling at the moment just right will certainly be beneficial for you in the long run. by the way you have to know when you want to lose should immediately stop the game gambling Cheesy

Some tricks? You might be thinking of some strategies because there are no tricks in life to earn money. In case of EV- games any strategy will lead you to loss because the odds are against you. However in EV+ games you can get advantages with proper strategies and if you change your strategies often. Then again you can lose if you are too rash and dont think before betting and all.
sr. member
Activity: 1008
Merit: 253
I believe gambling we all lose in long term but if we never won then we wouldn't be addicted in the first place that is  the kick. I have seen people gamble all day with far smaller amount in pocket than that. I really would quit trying to understand the addicts point of view and focus on what you can control and influence. Gambling will only stop or cease when you wishes it too and not a single second beforehand.

I don't get it, but I dot believe that gambling addicts has a reason on how they start and why they are addicted to gambling and why they still gamble.

Anyway, back to the topic. All I can say is, it is not profitable. Try to analyze the situation, if we gamble, we lose more than what we win. However a gambler can't feel it when atleast once they hit a win. So for me, no, gambling is not profitable in the long run.

That is true we lose more than we win there. I also believe gambling can't be profitable in long term if we keep playing we put us on a big risk of addiction which mean more high chance to lose there.
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