Can gambling be profitable in long term ? - page 40.

crwth

copper member

Activity: 2870

Merit: 1279

Try Gunbot for a month go to -> https://gunbot.ph

Quote from: diegz on July 06, 2017, 04:31:06 AM

Quote from: Daisuke on July 06, 2017, 04:24:26 AM

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's true for gambling, especially in the long run. It's better to invest something that is sure and worth to buy like trading. Buy lessons in order to improve your knowledge in the market and you can never know what will happen but still, depends on the person. Analyzing it would be a good thing so you should be smart in what you are doing.

diegz

hero member

Activity: 798

Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: Daisuke on July 06, 2017, 04:24:26 AM

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.

Daisuke

full member

Activity: 281

Merit: 100

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.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: shulio on July 04, 2017, 04:11:34 PM

Quote from: South Park on July 04, 2017, 01:07:37 PM

The size of your bet is irrelevant when it comes to the odds of winning and losing, the only difference is that you are not going to feel so bad if you only lose a dollar compared to losing 100 dollars that is the difference, also since you are betting lower amounts you could play for longer periods of time, but make no mistake the odds are the same no matter how high or low is your bet.

Well I feel bad when I lose more than $10 in one bet so I always keep it low. Well I dont really want to win for profit but I only want to win so that I can have fun, I play mostly with amount lower than $1 for each of my bet so that even if I lose then I wouldnt feel sorry for myself even if everything is gone

Believe me I know the feeling once I was playing poker and I happen to have three of a kind then I make a big bet and I thought that I already won when my opponent immediately calls my bet, at that moment I knew he had me beat, he had an higher three of a kind and I lost the pot, it is very disappointing to lose that way and to lose that much money but it is part of the game.

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: RealPhotoshoper on July 05, 2017, 10:52:41 AM

yeaaa it was the thing that always people did everytime come to a casino.
they have got used to it , ti gamble repeatedly no matter you win or lost they don't care about it.
to gamble occasionally is better than have to chase something uncertain such as to win in the long run?

There is no way to win in the long run and we all know that. Personally I dont care about winning or losing because all I ever care about it is to have some fun. I finally manage to know the true meaning of casino and that is to have some fun. I play with my own money and Im free to use it like how I want it to

RealPhotoshoper

legendary

Activity: 1050

Merit: 1001

Quote from: onrise on July 05, 2017, 07:32:40 AM

Quote from: aqrulesms on July 04, 2017, 07:18:38 PM

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.

yeaaa it was the thing that always people did everytime come to a casino.
they have got used to it , ti gamble repeatedly no matter you win or lost they don't care about it.
to gamble occasionally is better than have to chase something uncertain such as to win in the long run?

preevi

hero member

Activity: 495

Merit: 500

Quote from: coin_1122 on July 05, 2017, 09:31:26 AM

I don't think so because gambling is not like trading. Trading is always a long term investment but gambling is completely pure luck, I have been gambling from year don't find any long-term investment in gambling. Gambling is always a short term profit happened within a couple of seconds.

Trading is different with gambling so it can't equated
Trading also not always make us get profit, trading needs high skill and good instict to read market condition
If gambling can't give us long time profitable we need heavy luck to always get profit

Gumpfire

full member

Activity: 378

Merit: 111

Quote from: tn211 on December 21, 2015, 12:25:37 PM

In my case no, because I will just lose my money. For some people is profitable, because they know what they are doing and how to win every day. You can do it full time if you want, but just learn how the tricks are or other things.
Just don't be addicted to it when you are losing or winning.

In my own personal opinion, gambling cannot be really profitable in a long term because gambling is not a job that you could earn money by just doing your work. Gambling is a risk that you will bet your money to double ypur bet. So there are no such people who get rich in gambling only people who owned a casino whp get rich in gambling.

coin_1122

full member

Activity: 1134

Merit: 102

I don't think so because gambling is not like trading. Trading is always a long term investment but gambling is completely pure luck, I have been gambling from year don't find any long-term investment in gambling. Gambling is always a short term profit happened within a couple of seconds.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: milewilda on July 05, 2017, 07:38:22 AM

Quote from: onrise on July 05, 2017, 07:32:40 AM

Quote from: aqrulesms on July 04, 2017, 07:18:38 PM

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.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: onrise on July 05, 2017, 07:32:40 AM

Quote from: aqrulesms on July 04, 2017, 07:18:38 PM

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.

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: aqrulesms on July 04, 2017, 07:18:38 PM

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.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: erwin45hacked on July 04, 2017, 08:05:33 AM

Quote from: TheUltraElite on July 04, 2017, 05:48:35 AM

Quote from: Coroline on July 03, 2017, 06:44:55 AM

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.

You are correct in that information mate. Most gamblers who are addicted only have their minds poisoned by the advertisements of the casino and they no longer think before betting bigger and bigger amounts. If not making bigger bets they obviously chase their losses and try to win it back. Even if they do win it back their greed draws them back and they lose money again and the cycle continues.

Their mind poisoned? what are you trying to say exactly? No one force you to gamble and people are not that stupid when they see a gambling site advertisement thus that made them want to gamble. Some people know that they wont win however they want to try their luck so I guess there is nothing wrong with that because they understand the risk

Of course no one forces one to gamble but if one is stupid enough they will fall the traps of the casino owners. In fact every business these days are made by poisoning people's minds - every business - otherwise you cannot dominate the market. And fact is everyone's mind is poisoned by someone in order the other party may earn from the customer. In these cases the people dont understand the risk until its too late - and then long term gambling becomes lethal.

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: Golftech on July 05, 2017, 06:04:23 AM

Quote from: sasaku bitbit on July 05, 2017, 05:55:02 AM

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

its harder to say that you can or we can do that in the right time as we knew gambling is really addicting activity and you almost forget time and your plan strategies when you are still in a winning part then suddenly got overlooked and loses so better to practice this before planning to go in a long term goal.

That is why the more emotional you are in your gambling session, the more likely that you are going to lose because you are no longer following your game plan. Hence, we should only follow strategies that we believe works and do them strictly without even questioning it so that you can really test if you will going to make profit.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Hatuferu on July 04, 2017, 10:52:30 PM

Quote from: aqrulesms on July 04, 2017, 07:18:38 PM

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.

if you stop with a profit you will be profitable but if you go further you might lose because most of the gamblers loses in the long run.
We have to fully understand the risk and since th house has the advantage it is unlikely for gamblers to succeed.
I know we can feel that through our experience, therefore we have to learn.

yes i am agree but not all of us can stop with a profit and we can not get win in every time we playing gambling. beside to understand that gambling can not be profitable in long term, we should thinking about the risk to loss our money while we are playing gambling. its better to playing gambling in short term and not expecting to make profitable in long term.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: sasaku bitbit on July 05, 2017, 05:55:02 AM

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

its harder to say that you can or we can do that in the right time as we knew gambling is really addicting activity and you almost forget time and your plan strategies when you are still in a winning part then suddenly got overlooked and loses so better to practice this before planning to go in a long term goal.

sasaku bitbit

sr. member

Activity: 518

Merit: 250

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

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: aqrulesms on July 04, 2017, 07:18:38 PM

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.

if you stop with a profit you will be profitable but if you go further you might lose because most of the gamblers loses in the long run.
We have to fully understand the risk and since th house has the advantage it is unlikely for gamblers to succeed.
I know we can feel that through our experience, therefore we have to learn.

aqrulesms

sr. member

Activity: 373

Merit: 250

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.

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: South Park on July 04, 2017, 01:07:37 PM

The size of your bet is irrelevant when it comes to the odds of winning and losing, the only difference is that you are not going to feel so bad if you only lose a dollar compared to losing 100 dollars that is the difference, also since you are betting lower amounts you could play for longer periods of time, but make no mistake the odds are the same no matter how high or low is your bet.

Well I feel bad when I lose more than $10 in one bet so I always keep it low. Well I dont really want to win for profit but I only want to win so that I can have fun, I play mostly with amount lower than $1 for each of my bet so that even if I lose then I wouldnt feel sorry for myself even if everything is gone

Topic: Can gambling be profitable in long term ? - page 40. (Read 112232 times)