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Topic: Can gambling be profitable in long term ? - page 42. (Read 112232 times)

legendary
Activity: 2898
Merit: 1253
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.....?
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.
yes that is right, in gambling luck is one of the most important factor. our winning and losing depend on our luck if we are  not lucky ever after a good experience we cannot make money, but if we have good luck then our lack of experience and skill in gambling on one can stop us from winning the best. so experience is not as much important in gambling as important is our luck.
It is definitely based on your approach and I believe those professional gamblers are more concern in developing their skills that just simply relying on their luck. Even me who's not a professional yet does not fully believe that only luck is what we need in order to win in gambling because if we will try our best and find a good strategy to win, we could have a win in a consistent manner but not for games which are based on luck.

With games that are purely based on luck, there is little to no strategy that we can use. However, we can do bankroll management and session management with games that are based on luck. But these are really hard to do that is why we just play for fun and entertainment.

In games where the odds are against us its better to control our bankroll and time of playing more than the urge of playing. But then one needs to focus on other things to keep themselves away from the games otherwise the craving will eventually take over. In the long term the net profit for any player is negative. Hence one must have control over the games or better yet dont gamble at all.
legendary
Activity: 3122
Merit: 1140
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.
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.
sr. member
Activity: 756
Merit: 294
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.
yes that is right, in gambling luck is one of the most important factor. our winning and losing depend on our luck if we are  not lucky ever after a good experience we cannot make money, but if we have good luck then our lack of experience and skill in gambling on one can stop us from winning the best. so experience is not as much important in gambling as important is our luck.
It is definitely based on your approach and I believe those professional gamblers are more concern in developing their skills that just simply relying on their luck. Even me who's not a professional yet does not fully believe that only luck is what we need in order to win in gambling because if we will try our best and find a good strategy to win, we could have a win in a consistent manner but not for games which are based on luck.

With games that are purely based on luck, there is little to no strategy that we can use. However, we can do bankroll management and session management with games that are based on luck. But these are really hard to do that is why we just play for fun and entertainment.
hero member
Activity: 2926
Merit: 636
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.
yes that is right, in gambling luck is one of the most important factor. our winning and losing depend on our luck if we are  not lucky ever after a good experience we cannot make money, but if we have good luck then our lack of experience and skill in gambling on one can stop us from winning the best. so experience is not as much important in gambling as important is our luck.
It is definitely based on your approach and I believe those professional gamblers are more concern in developing their skills that just simply relying on their luck. Even me who's not a professional yet does not fully believe that only luck is what we need in order to win in gambling because if we will try our best and find a good strategy to win, we could have a win in a consistent manner but not for games which are based on luck.
hero member
Activity: 490
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.....?
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.
yes that is right, in gambling luck is one of the most important factor. our winning and losing depend on our luck if we are  not lucky ever after a good experience we cannot make money, but if we have good luck then our lack of experience and skill in gambling on one can stop us from winning the best. so experience is not as much important in gambling as important is our luck.
full member
Activity: 336
Merit: 103
If you play against a house edge you can not win longterm. You could be lucky and hit a huge jackpot and stop playing, then your action was profitable.

If you play skill games where you have a positive expected value, then you can win longterm and make a good money if you do it professional.
legendary
Activity: 1008
Merit: 1010
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Yes, it can be profitable in the long term only if you are betting low amount.
In case you are making 5-10% of your bankroll on a single bet then keep your session short because there is a big chance to get busted in a short time.

I don't think so,  it can be profitable even if you bet large amounts. You can bet all in once a week and you can win for few weeks straight! But yeah, for games like dice rolls and such it is very important to bet tiny amounts if you want to have profit in long term. In sport bets you can bet larger amounts if you know what you're doing, but in dice or any other casino game you should bet tiny amounts.
legendary
Activity: 1176
Merit: 1001
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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.....?
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.
sr. member
Activity: 402
Merit: 250
Well we could see that gambling has really no assurance and there is no guarantee that it could give you big gains everyday, it only depend on your luck, or we can really say its only pure luck, but I am not sure about they said about investment in gambling sites.
legendary
Activity: 2898
Merit: 1253
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.....?
Anything is possible...so yes, it can.

But statistically...the chances, that it won't is probably much much bigger and probable.

I respectfully disagree. Yes, it may seem possible but the idea behind gambling is that it creates and endless cycle of people going-in and out of it regardless if they won or lost. Still, the bottomline is they will still go back to gamble their money until they realize that all of their earnings are gone. Gambling is only profitable short-term and shall be moderated because of its addicting effects. I know a lot of people who lost everything even their families due to gambling. The one thing that people should always know before gambling their stuff is to know when to stop.

Gambling is neither profitable in the short term or long term. In the short term its may seem that one may make a profit but then one may be unlucky as well. There is no assurance that in short term the game may end in your favor and it just might be a big loss. The only thing important is like you said is getting control over their minds and keep gambling to a mode of entertainment and not earnings.
But it is also the fact that when a person come to the field of gambling and he start to spend time in gambling with heart and he test different fields in gambling then he slowly learn about all the aspects of gambling and he slowly start to learn that how he have to bet and where it is beneficial to bet and he also learn about the odds in gambling. So in that case we can say that this person will win more than a new comer so in that way we can also say that in long term gambling is beneficial.

Most of the times people are fooled by the high odds and that is stupid in common sense but they will continue to play on high odds and lose - boasting that one day they will become millionaires since the odds are high. It is possible but there is no guarantee when that will happen. Even if one learns all the aspects of gambling they will end up losing so much due to their greed that the only lesson they will learn is that gambling is profitable only for the casino owners.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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.
sr. member
Activity: 436
Merit: 250
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For me it has been so far. You can check my prediction thread in this board to make profit from the free tips I post there occasionally. It has been profitable so far because of a rigid discipline I have been very strict to follow it. I am talking about sport betting only and not game of chances like slots etc. I always have checked every possible news, injury, missing players, standings, if it were worth for a specific team to have the win or if they were playing just for statistics , followed many many betting prediction sites and only after this massive review I choose on which event to bet on. So far it is looking good, but most of the time gambling cannot be profitable in the longer term.
Unless the gambling selections are rigged to where the people that are trying to gamble against your picks don't know that it's rigged then gambling will be profitable till it ends. People rig gambling matches mostly everytime so it wouldn't be that tough to learn how to do it sucessfully.
hero member
Activity: 641
Merit: 505
Of course but still depends on your skills and logic if you are good at gambling and you always win the biggest pot, then you have a future at it it is a long term one for you. But if not maybe you should stop at gambling it is not good for you.
I'm not sure gambling can make you earn stable money every month. Gambling games are at stake, so you can not make sure you always get money, you have to find other ways to make money from other businesses.
Gambling is not a source of income if you make this your source of income your future will be too risky. There is a chance to lose money and your family members. So just take this gambling for your entertainment purpose not for money making purpose. This will never give stable income for anyone. Maybe some pro gamblers will make money, but for this, you need years of experience in gambling.

Right, I also believe that gambling will never be profitable even if in the long term. The chance of winning in gambling is minimal and that the number of losses will always be greater than the number of wins. From that, the money you have won have a little chance that it will be bigger than the amount you have spent in betting that results in failing to win the game.

Thinking that there is a profit in playing gambling is being optimistic but reality shows and proves that will be much better to find a stable job or find something that will enable you to earn real income. Paying effort and hardwork and then receiving money as an income will be better than relying on luck.
sr. member
Activity: 756
Merit: 294
Of course but still depends on your skills and logic if you are good at gambling and you always win the biggest pot, then you have a future at it it is a long term one for you. But if not maybe you should stop at gambling it is not good for you.
I'm not sure gambling can make you earn stable money every month. Gambling games are at stake, so you can not make sure you always get money, you have to find other ways to make money from other businesses.
Gambling is not a source of income if you make this your source of income your future will be too risky. There is a chance to lose money and your family members. So just take this gambling for your entertainment purpose not for money making purpose. This will never give stable income for anyone. Maybe some pro gamblers will make money, but for this, you need years of experience in gambling.
Im not saying that it is not profitable but I believe that it can be profitable when you win big money how about when you lose big money is it still profitable? I will say that gambling is not profitable in long term because if you lose a big money their is possibilities that you have no more appetite again in playing gambling maybe you bet again but not just like as big bet as before.

There are people who keep on coming back to gamble because of the thought of winning back or chasing their previous loses. This is a pity, why? Because if you let emotion rule you in your gambling sessions, you will most likely lose than win because you are blinded by your emotion that even if it is time to stop and pause for awhile, you still bet on until you empty your bankroll.
sr. member
Activity: 798
Merit: 255
Of course but still depends on your skills and logic if you are good at gambling and you always win the biggest pot, then you have a future at it it is a long term one for you. But if not maybe you should stop at gambling it is not good for you.
I'm not sure gambling can make you earn stable money every month. Gambling games are at stake, so you can not make sure you always get money, you have to find other ways to make money from other businesses.
Gambling is not a source of income if you make this your source of income your future will be too risky. There is a chance to lose money and your family members. So just take this gambling for your entertainment purpose not for money making purpose. This will never give stable income for anyone. Maybe some pro gamblers will make money, but for this, you need years of experience in gambling.
Im not saying that it is not profitable but I believe that it can be profitable when you win big money how about when you lose big money is it still profitable? I will say that gambling is not profitable in long term because if you lose a big money their is possibilities that you have no more appetite again in playing gambling maybe you bet again but not just like as big bet as before.
hero member
Activity: 1022
Merit: 521
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.

I respectfully disagree. Yes, it may seem possible but the idea behind gambling is that it creates and endless cycle of people going-in and out of it regardless if they won or lost. Still, the bottomline is they will still go back to gamble their money until they realize that all of their earnings are gone. Gambling is only profitable short-term and shall be moderated because of its addicting effects. I know a lot of people who lost everything even their families due to gambling. The one thing that people should always know before gambling their stuff is to know when to stop.

Gambling is neither profitable in the short term or long term. In the short term its may seem that one may make a profit but then one may be unlucky as well. There is no assurance that in short term the game may end in your favor and it just might be a big loss. The only thing important is like you said is getting control over their minds and keep gambling to a mode of entertainment and not earnings.
But it is also the fact that when a person come to the field of gambling and he start to spend time in gambling with heart and he test different fields in gambling then he slowly learn about all the aspects of gambling and he slowly start to learn that how he have to bet and where it is beneficial to bet and he also learn about the odds in gambling. So in that case we can say that this person will win more than a new comer so in that way we can also say that in long term gambling is beneficial.
legendary
Activity: 1316
Merit: 1011
Of course but still depends on your skills and logic if you are good at gambling and you always win the biggest pot, then you have a future at it it is a long term one for you. But if not maybe you should stop at gambling it is not good for you.
I'm not sure gambling can make you earn stable money every month. Gambling games are at stake, so you can not make sure you always get money, you have to find other ways to make money from other businesses.
Gambling is not a source of income if you make this your source of income your future will be too risky. There is a chance to lose money and your family members. So just take this gambling for your entertainment purpose not for money making purpose. This will never give stable income for anyone. Maybe some pro gamblers will make money, but for this, you need years of experience in gambling.
legendary
Activity: 2898
Merit: 1253
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.....?
Anything is possible...so yes, it can.

But statistically...the chances, that it won't is probably much much bigger and probable.

I respectfully disagree. Yes, it may seem possible but the idea behind gambling is that it creates and endless cycle of people going-in and out of it regardless if they won or lost. Still, the bottomline is they will still go back to gamble their money until they realize that all of their earnings are gone. Gambling is only profitable short-term and shall be moderated because of its addicting effects. I know a lot of people who lost everything even their families due to gambling. The one thing that people should always know before gambling their stuff is to know when to stop.

Gambling is neither profitable in the short term or long term. In the short term its may seem that one may make a profit but then one may be unlucky as well. There is no assurance that in short term the game may end in your favor and it just might be a big loss. The only thing important is like you said is getting control over their minds and keep gambling to a mode of entertainment and not earnings.
hero member
Activity: 1078
Merit: 501
I think no,  because gambling can destroy our financial because it more leads into looses maybe we can win but looses is always. But if the people is lucky that day he/she play the gambling game. Maybe if he/she has the strategy in gaming maybe they win but not not always maybe today is the lucky day of her/him but not all the time you have assurance in winning.

Well to consider gambling to be profitable at all is quite a bit foolish more so if you think it can be for long term. You're basically throwing away money and hoping for it to grow. And there will be times when it will but never on a consistent basis. So i don't think gambling can't and shouldn't be conaidered as something for long term profit.

From my experience from gambling, it can never be for profit. That's the fact about gambling. It is something for a gambler's entertainment and it is a profit activity for the casinos and gambling site operator. Profit is not the business of gamblers it is the owner's. People see winning as profit but it isn't true. Some people do profit from it but we do not all have the same fate. There are more people that lose than really win.
Yeah,it is more often of losing in gambling than winning, maybe 70% losing and 30% winning, we can win in gambling but not all the time, it is more on losing so even if we win we can still lose money because losing is more often. But when you know how to stop it can less our losses.
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