Topic: Can gambling be profitable in long term ? - page 49. (Read 112258 times)

Quote from: --DarkSecrets-- on June 18, 2017, 01:31:16 AM

No, because you will not always have a win every time you play gambling and that's why in gambling you will not be able to benefit in the long run. If you can not control yourself from gambling the result you will lose all your money.

Yep, gambling is not profitable in the long run because we cannot be sure that we are going to win always in the game so it is best to just control our self in gambling so we can avoid getting too much losses and addiction but if you will build your own gambling site then I can say that gambling is profitable in the long term because having your won gambling sites will attract a lot of gamblers so it means profits Cool

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The real truth was a gambling is never become profitable in the long term unless you are so lucky .Too many people play gambling and i don't even heard a news if someone becomes rich by playing and betting.
Having your own gambling sites also doesn't sure because of site malfunction or some systems bugs .but it is the only profitable way and it is not gambling ,it is called an investment.

Yes that's the saddest truth mate. That's why casino owners are wealthy because they make gamblers turn and losing money in the long run. So that's why it is not very advisable for you to gamble if want to get rich. Unless you hit a jackpot in a lotto game.

The willingness to hit a jackpot eventually is what makes some people addicted to gambling. Even if they they lose many times in a row they hope to hit the jackpot and they think the more they play the more chances they have. That's how people lose everything thinking every time they start to gamble "This time it definitely should happen!".

arseaboy

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Quote from: thisappointed on June 18, 2017, 12:56:51 AM

Quote from: Ayiranorea on June 17, 2017, 07:12:01 AM

No, because you will not always have a win every time you play gambling and that's why in gambling you will not be able to benefit in the long run. If you can not control yourself from gambling the result you will lose all your money.

Yep, gambling is not profitable in the long run because we cannot be sure that we are going to win always in the game so it is best to just control our self in gambling so we can avoid getting too much losses and addiction but if you will build your own gambling site then I can say that gambling is profitable in the long term because having your won gambling sites will attract a lot of gamblers so it means profits Cool

.

The real truth was a gambling is never become profitable in the long term unless you are so lucky .Too many people play gambling and i don't even heard a news if someone becomes rich by playing and betting.
Having your own gambling sites also doesn't sure because of site malfunction or some systems bugs .but it is the only profitable way and it is not gambling ,it is called an investment.

Yes that's the saddest truth mate. That's why casino owners are wealthy because they make gamblers turn and losing money in the long run. So that's why it is not very advisable for you to gamble if want to get rich. Unless you hit a jackpot in a lotto game.

TheUltraElite

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So anyway, I applied as a merit source :)

Gambling can sure be profitable in the long run. Profit always accompanies the lucky people, so in the long run the one who has the willingness to learn and make new strategies will make a bigger and better profit. Hope to make a lucky day in the long run.

Gambling is not about strategy to win, in EV- games every strategy is a fail and you cant ever beat the house - because the odds are against you. In EV+ games the picture is a bit different because you skills and knowledge come into play and you might gain an edge over the other players. Though luck is always important which is why strategies always fail in EV- games.

--DarkSecrets--

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Quote from: thisappointed on June 18, 2017, 12:56:51 AM

No, because you will not always have a win every time you play gambling and that's why in gambling you will not be able to benefit in the long run. If you can not control yourself from gambling the result you will lose all your money.

Yep, gambling is not profitable in the long run because we cannot be sure that we are going to win always in the game so it is best to just control our self in gambling so we can avoid getting too much losses and addiction but if you will build your own gambling site then I can say that gambling is profitable in the long term because having your won gambling sites will attract a lot of gamblers so it means profits Cool

.

The real truth was a gambling is never become profitable in the long term unless you are so lucky .Too many people play gambling and i don't even heard a news if someone becomes rich by playing and betting.
Having your own gambling sites also doesn't sure because of site malfunction or some systems bugs .but it is the only profitable way and it is not gambling ,it is called an investment.

thisappointed

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Quote from: nmaryrai on June 17, 2017, 10:39:33 AM

No, because you will not always have a win every time you play gambling and that's why in gambling you will not be able to benefit in the long run. If you can not control yourself from gambling the result you will lose all your money.

Yep, gambling is not profitable in the long run because we cannot be sure that we are going to win always in the game so it is best to just control our self in gambling so we can avoid getting too much losses and addiction but if you will build your own gambling site then I can say that gambling is profitable in the long term because having your won gambling sites will attract a lot of gamblers so it means profits Cool

.

Capradina

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Quote from: nmaryrai on June 17, 2017, 10:39:33 AM

Gambling is not for a long term profit.Gambling is a game its either you can win or lose.But if you're a wise player dont play your capital,play your profit and save and keep it so that you will not be a loser.But if you invest your money in a big time gambling like casino your profit is gaining but if it is just a small time gambling its not for long term.

Maybe you are right gambling is not good for long term , but if you limit your bet i think its good. When you win some money then try to save the half of it. Then the other half you will use to play. A proper limitation and control to our bitcoin is kindly good enough for us to have a long term profit.

If i consider your statement, I think again. Thats true, limitation and control greatly affect our emotions while gambling. And that's the weakness of every gambler, including me (few years ago).

Indeed a gambling has many risks that we have to think, because if we do not play correctly in gambling so the main thing we are going to get is a big loss. A strategy is absolutely essential for profit, because by thinking about the best strategy so the main thing will definitely be on the best thinking. A gambling comes from a very complex thing, which happens when can think well and do an analysis to get the best strategy

killed

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No, because you will not always have a win every time you play gambling and that's why in gambling you will not be able to benefit in the long run. If you can not control yourself from gambling the result you will lose all your money.

sasaku bitbit

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Quote from: XiMiT on June 17, 2017, 04:07:52 PM

Gambling is not for a long term profit.Gambling is a game its either you can win or lose.But if you're a wise player dont play your capital,play your profit and save and keep it so that you will not be a loser.But if you invest your money in a big time gambling like casino your profit is gaining but if it is just a small time gambling its not for long term.

Maybe you are right gambling is not good for long term , but if you limit your bet i think its good. When you win some money then try to save the half of it. Then the other half you will use to play. A proper limitation and control to our bitcoin is kindly good enough for us to have a long term profit.

If i consider your statement, I think again. Thats true, limitation and control greatly affect our emotions while gambling. And that's the weakness of every gambler, including me (few years ago).

It is true that your opinion so if you're a wise player don't play your capital, Your profits and keep playing and keep it so that you won't be a loser. But if you invest your money in gambling big time like dice advantage you get but if it is just a small time gambling is not for long term

bitbob82

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The most reasonable answer would be no, the player, regardless of the game being dice, poker, sport betting and casino, all has some based house edge, taking a cut from the amount over long term and therefore if you aren't winning a very big number over LONG term, gambling would be a negative money sum game.

but i think it is different from person to person, there may be good luck people and they may also have good experience in gambling and therefore they may be earning money from gambling just like other investment. and may be there are some people who cannot continue their success in gambling for a long time.

bravehearth0319

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Quote from: Tschai on September 22, 2015, 04:19:34 AM

Quote from: coolkiller on September 22, 2015, 04:16:01 AM

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.

Indeed,you are right! but not in gambling I think, maybe you only said that if someday the gambler will take the chance to win in the games then the amount of winning prize is so big, but it is only because of luck and it doesn't mean its a profit in a long term. Of course its not like that.

XiMiT

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The most reasonable answer would be no, the player, regardless of the game being dice, poker, sport betting and casino, all has some based house edge, taking a cut from the amount over long term and therefore if you aren't winning a very big number over LONG term, gambling would be a negative money sum game.

erwin45hacked

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Quote from: GBaMiner on June 17, 2017, 11:08:39 AM

Unlikely, because the game is not sustainable and not good at all, if you gamble few bitcents everyday then losing would equal +50% with the house edge over long term.
The house edge means even over the possible wins in short terms, in long term it would be a negative sum game.

The chance for you to win is actually the same however in average most people lose in the long term. One thing for sure is that some people tried various method to win however none will help them to win. While in fact I suggest people to bet few times and see if luck actually strikes them , thats better than trying various strategy

crairezx20

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Quote from: nmaryrai on June 17, 2017, 10:39:33 AM

Gambling is not for a long term profit.Gambling is a game its either you can win or lose.But if you're a wise player dont play your capital,play your profit and save and keep it so that you will not be a loser.But if you invest your money in a big time gambling like casino your profit is gaining but if it is just a small time gambling its not for long term.

Maybe you are right gambling is not good for long term , but if you limit your bet i think its good. When you win some money then try to save the half of it. Then the other half you will use to play. A proper limitation and control to our bitcoin is kindly good enough for us to have a long term profit.

If i consider your statement, I think again. Thats true, limitation and control greatly affect our emotions while gambling. And that's the weakness of every gambler, including me (few years ago).

If you gamble you should know what will be happen since gambling are made for entertainment purposes you should just gamble for fun and if you gamble with hearth feelings and you lose you will came back to gamble again just to recover your loses or if you win huge profit greediness is one of the reason instead of making profit they are lose all he had..
So if you gamble don't gamble with hurt feelings just think that you gamble for fun..
Looks the owner of gambling casino they are making huge profit because they know people are greedy and the bad thing you can get you just waste time and lose money.. That is why gambling is a good business and it can makes you profitable if you start a gambling business..

GBaMiner

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Unlikely, because the game is not sustainable and not good at all, if you gamble few bitcents everyday then losing would equal +50% with the house edge over long term.
The house edge means even over the possible wins in short terms, in long term it would be a negative sum game.

nmaryrai

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Quote from: marlboroza on June 17, 2017, 07:35:06 AM

Gambling is not for a long term profit.Gambling is a game its either you can win or lose.But if you're a wise player dont play your capital,play your profit and save and keep it so that you will not be a loser.But if you invest your money in a big time gambling like casino your profit is gaining but if it is just a small time gambling its not for long term.

Maybe you are right gambling is not good for long term , but if you limit your bet i think its good. When you win some money then try to save the half of it. Then the other half you will use to play. A proper limitation and control to our bitcoin is kindly good enough for us to have a long term profit.

If i consider your statement, I think again. Thats true, limitation and control greatly affect our emotions while gambling. And that's the weakness of every gambler, including me (few years ago).

iqlimasyadiqa

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Quote from: Ayiranorea on June 17, 2017, 07:12:01 AM

Gambling can sure be profitable in the long run. Profit always accompanies the lucky people, so in the long run the one who has the willingness to learn and make new strategies will make a bigger and better profit. Hope to make a lucky day in the long run.

Strategies won't raise your luck, and you can't really learn how to gamble unless you are playing poker. Otherwise it is always you against the house, and house has advantage over you.
That all doesn't mean you can't beat house in long run, but you have to be luckiest gambler ever.

I do not think we can be sure luck is always accompanying. Luck is unpredictable and desirable. So in my opinion the advantage will not always be achieved when playing gambling, it might look silly to see someone get lucky all the time. Probably only a few percent. And you could have a huge risk when deciding to play gambling.

Kotone

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