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Topic: Can gambling be profitable in long term ? - page 4. (Read 112258 times)

staff
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The chances of gambling to be profitable in the long term is extremely rare, with the house edge implemented on every games in the casino, the longer period the gamblers plays on the casino, the percentage of losing all of his money to the casino owners are also increased.
hero member
Activity: 1008
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Gambling is not appropriate  in a long term,what if your not responsible in your finances.It depends on your fortune and lucky for a long term profit in playing gambling.Gambling is not like investing or trading that we have assurance in gambling if it will last longer.
Well if it was profitable going in the prospective of long term goals, then the person is in what they call "gambler's fallacy" scenario there.
If it was, then everybody would be doing it and not needing to go to work.
We do not live in a world like this unfortunately.  Cheesy
legendary
Activity: 1540
Merit: 1013
It is hard to know because im not really into gambling. However, I have seen many expert gamblers who know what to do to earn money in long term. Therefore, I believe that there are always some ways for us to make money from gambling. FIrst, we need to determine gambling as a job so that we can focus on it and learn more about strategy

There are some people that keep winning in gambling but that doesnt mean they know they secret to win, they just happen to win and that is all. I dont think. Even if they do know that there is a secret to it, do you think that they will just leak it? Unfortunately for me , I just want to believe that it is all only because of pure luck
full member
Activity: 266
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It is hard to know because im not really into gambling. However, I have seen many expert gamblers who know what to do to earn money in long term. Therefore, I believe that there are always some ways for us to make money from gambling. FIrst, we need to determine gambling as a job so that we can focus on it and learn more about strategy
legendary
Activity: 1540
Merit: 1013
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 because you don't have assurance to profit. Gambling is either you win or lose. So you can't profit a stable profit. It's just for a short time profit. For me gambling is just past time to relax unless you become an addict in gambling  you're life maybe in worst because addition in gambling is not good.

Short time profit is actually good enough given that you can win but most people lose the game. It is simple to play but once you play you will definitely feel that you need to win. I know some people that dont even understand how this game works and everytime they lost in gamble, they just keep on trying to justify it by saying the site cheated
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Back from the Dead!
Your OP asks whether earning 50-100$ per day is possible via gambling but title asks whether gambling is profitable in the long term. Both are very different matters.
Yes, if you have a significant bankroll, and start gambling with less amounts for limited time per day, checking your losses, you might be able to get 50-100$ a day, though that is very unlikely due to the house edge, you most probably loose if going with a loss streak and not stopping.

And No, gambling cannot be profitable in the long term, again due to house edge. If you see yourself winning you will be tempted to invest more into each roll, and put more money into gambling, and soon all your bankroll will whittle away, as the house edge on the casion's side always wins.
Thats why its best to just try gambling with a less amount, if you have profits, bag it and get out, and if you didnt, well you didnt lose a significant amount so it wont hurt you that much.
newbie
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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 because you don't have assurance to profit. Gambling is either you win or lose. So you can't profit a stable profit. It's just for a short time profit. For me gambling is just past time to relax unless you become an addict in gambling  you're life maybe in worst because addition in gambling is not good.
sr. member
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Gambling is not appropriate  in a long term,what if your not responsible in your finances.It depends on your fortune and lucky for a long term profit in playing gambling.Gambling is not like investing or trading that we have assurance in gambling if it will last longer.
Gambling does give us money when we win, but I'm not sure if it can work in the long run. We know that to win just once is sometimes difficult, especially for the long term. I can not say it's impossible, but it's very difficult to do, the chances are very small.
Gambling is not for long-term profit, gambling is only for temporary profit.
full member
Activity: 378
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Gambling is the probability that you may win and you may lose so it is thee game of luck and not one the practical experience while if something is fixed then that is something else and gambling should not be the addiction of the person because then you will lost every thing and if we do this just for fun then we can win and we can be balanced in the gambling because those who are serious in the gambling they are in depression and other diseases while it is good to do this for the fun.
hero member
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Gambling is not appropriate  in a long term,what if your not responsible in your finances.It depends on your fortune and lucky for a long term profit in playing gambling.Gambling is not like investing or trading that we have assurance in gambling if it will last longer.
Yes, gambling is not profitable in a long a run since we know the fact that gambling is all about more loses than winning because that is the nature of gambling design by banker, lucky winning is just a small percentage compared to the betting percentage, therefore in a long run our asset will be deficit and gambling bankers are getting rich.
Of course, that's the reason gambling is created, it provides benefits to casino owners and takes away our possessions, we will not have the chance to win, so the reality, there are no luck or strategies that can help us make long term profit in gambling. Casinos always stand behind and control everything, what we call luck and victory is just a simple trap from gambling, they are leading and making us gamble more, we will lose more and want to recover then continue to lose bigger, traps in the trap, they too wise
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Reverse martingale has potential, I've read an article how a bunch of university students studied roulette, and collectively won over fifty grand.  It was very vague and nothing specific, but I think they did reverse martingale, they also said that reverse of everything works great.  When charting reverse martingale nothing easy and simple to follow shows up, 100x comes up no sooner than expectation minus edge, 10x shows up with expectation minus edge, etc.  There are some huge wins, but there are also huge streaks against us, and the edge makes it look different than martingale on the opposite side.     
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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 because gambling is not about capital and the most important strategy is luck, if lucky will get more than what we would expect
legendary
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Freedom&Honor
Gambling is not appropriate  in a long term,what if your not responsible in your finances.It depends on your fortune and lucky for a long term profit in playing gambling.Gambling is not like investing or trading that we have assurance in gambling if it will last longer.

Gambling is just for fun and to relax from your life. People want free money and want to earn from gambling thinking they will win big rather than thinking that it is a business for casino owner who is going to make money and cannot make other winners else he will have to wind up his business.


Well, the point of the game is to have some winners and some losers so there are some people to advertise the game, otherwise no one will want to play at your casino since everyone is losing

The point is to have winners and losers but to have slightly more losers in order to have profit
The standard 1% edge isn't that much if you're gambling for a short period
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Gambling is not appropriate  in a long term,what if your not responsible in your finances.It depends on your fortune and lucky for a long term profit in playing gambling.Gambling is not like investing or trading that we have assurance in gambling if it will last longer.

Gambling is just for fun and to relax from your life. People want free money and want to earn from gambling thinking they will win big rather than thinking that it is a business for casino owner who is going to make money and cannot make other winners else he will have to wind up his business.
member
Activity: 700
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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
It all takes luck and chances. Nothing is sure but one thing can also be sure, if winning is not, losing is sure to happen. Maybe in one day you can earn the amount you mentiond but chances are not everyday we win in gambling.
One must be extremely lucky in every circumstances to make gambling profitable for the long term but i believe that no one is really that lucky to be able to make profits out of bitcoin at every turn.

I don't find anything positive about gambling will be profitable in long term, one thing i can easily understand they need to have enough luck in order tow in from the gambling. In gambling, we don't need any experience in order to make money but we are lucky enough to make money.
legendary
Activity: 3010
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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
It all takes luck and chances. Nothing is sure but one thing can also be sure, if winning is not, losing is sure to happen. Maybe in one day you can earn the amount you mentiond but chances are not everyday we win in gambling.
One must be extremely lucky in every circumstances to make gambling profitable for the long term but i believe that no one is really that lucky to be able to make profits out of bitcoin at every turn.

I believe it is true but, sometimes if we managed to  moderate our gameplay, gambling can be profitable.  I have been playing for more than a year and I can say I am at a positive trend.  I never played in a straight day but rather moderate my gameplay and even limiting my hours of plays during the session.  If we failed to moderate, I have observed that gambling games tend to decrease our chance to win if we made our session longer due to house edge advantage.
full member
Activity: 546
Merit: 100
Gambling is not appropriate  in a long term,what if your not responsible in your finances.It depends on your fortune and lucky for a long term profit in playing gambling.Gambling is not like investing or trading that we have assurance in gambling if it will last longer.
Yes, gambling is not profitable in a long a run since we know the fact that gambling is all about more loses than winning because that is the nature of gambling design by banker, lucky winning is just a small percentage compared to the betting percentage, therefore in a long run our asset will be deficit and gambling bankers are getting rich.
full member
Activity: 322
Merit: 107
Gambling is not appropriate  in a long term,what if your not responsible in your finances.It depends on your fortune and lucky for a long term profit in playing gambling.Gambling is not like investing or trading that we have assurance in gambling if it will last longer.
hero member
Activity: 952
Merit: 500
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Anything is possible...so yes, it can.

But statistically...the chances, that it won't is probably much much bigger and probable.
whatever if we do it in earnest and try to get good results, be patient is the key of everything, only I hesitate if the gamble can benefit us in the long term because luck will also not always take sides
If you rely on luck alone then definitely you will not gonna be successful in the long run.
There are gamblers who made a fortune in gambling and that is because they are smart, they choose a skilled based games rather than a luck based games.
member
Activity: 308
Merit: 10
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Anything is possible...so yes, it can.

But statistically...the chances, that it won't is probably much much bigger and probable.
whatever if we do it in earnest and try to get good results, be patient is the key of everything, only I hesitate if the gamble can benefit us in the long term because luck will also not always take sides
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