Can gambling be profitable in long term ? - page 52.

marlboroza

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Quote from: 8Habits on June 14, 2017, 04:58:10 AM

Quote from: Tamilson on June 14, 2017, 04:03:01 AM

The only way gambling will be profitable in long term is when you lose continuously in a long period of time and then won all of those losses at the last part. Most of the time, the whole gain and loss thing is fluctuating and the only way it ends is when you finally lost all of your money. In the long run, everyone's losing because we only stop when there's nothing left to gamble.

The lesson is to have a pre-bet calculated plan. Where you only do certain amount of bets in a session and stop on designated target whether you lose or win. There is no emotion involve - only follow your pre-planned bets.

What is pre-bet plan?
Stopping on target won't make you win in long run, also emotions won't help either to win in long run. You can control emotions and you can be cold as ice and it still won't change the fact that most of players will lose.
Or do you think this plan is working and everyone is winning and all gambling sites will close their doors? I don't think so.

Klausi

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Quote from: daringdiscovered on June 14, 2017, 12:56:42 AM

Quote from: bhantom on June 13, 2017, 11:51:43 PM

With gambling everything is clear. It is pure mathematics. If you play only to win like in any lottery it is everything about luck. If you play like in poker or sports bettings is much more about your experience and skills. Nothin more to say..

It is not like that. Gambling in either game will just have the same result, it's either you win or lose. But for me gambling is more of luck most of the time we do need in gambling. No matter how much experience we do have in gambling we are still going to lose and luck is the rrason why most of the time we win. This skills are only comes at handy when we are hesitating on what to do.

I see that the statements discussing here is all about money to profitable and I don't see any advantages which linked to it as profit, because time is the most concern here as well as money. You are playing at the same time and you also loss an amount of money, and even if you win at once it will not guarantee that you exactly win. All I can say is you only recover your losses which you previously invested struggling more time to win, which you consumed a lot of time and I think you wasted.

mace15

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For me when I played into gambling since Last Year short term is most profitable. I experience if long term I got always lose of bitcoin, if played in short term I can experience of winning. Anyway in gambling it is luck and skills to in always winning.

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Quote from: Zenithar on June 14, 2017, 02:10:52 PM

Quote from: kodes88 on June 14, 2017, 09:34:33 AM

Quote from: bhantom on June 13, 2017, 11:51:43 PM

With gambling everything is clear. It is pure mathematics. If you play only to win like in any lottery it is everything about luck. If you play like in poker or sports bettings is much more about your experience and skills. Nothin more to say..

Yes, luck, skill and analysis are the most important things in gambling, but luck always has a big role in anything. And true the lottery is a game that is 100% dependent on luck. And sport betting and poker are not so dependent on luck, but still depend on luck though not too big.

yes i also agree with you . i will give more preference to luck in gambling. although skill, experience and knowledge are important tool in some format of gambling but still we mostly depend on our luck for not only for gambling but for everything in our life. although some gambling games are there where we totally depend on our luck and there is no role of our experience and skill.

All the gambling games depend luck, without it you won't have profit, doesn't matter the strategy being used. The only exception is the sports betting which you need to have luck on short term to have profit, but on long term surely your prediction skills will count a lot. It's not always the weak teams or players win the sports game, it's rarely to happen...

BillCoin

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Quote from: revans on June 13, 2017, 11:23:53 PM

You can win from gambling from long run.Because of the house Edge you will lose if you gamble in the long run.If you gamble through poker or player vs player game you have high chance to win.But if you gamble vs house you will surely lose if you gamble long run.Read more about house edge.

Can't agree with a word you are saying.
At one side you say that bitcoin gambling has an house edge , and and the other side you mention that you can earn from gambling at the long run.
But one thing I didn't understood, how the fact that gambling has a house edge makes it profitable for the players? I think you meant to say that it is profitable to the house, who charges the house edge obviously.

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Quote from: kodes88 on June 14, 2017, 09:34:33 AM

Quote from: bhantom on June 13, 2017, 11:51:43 PM

With gambling everything is clear. It is pure mathematics. If you play only to win like in any lottery it is everything about luck. If you play like in poker or sports bettings is much more about your experience and skills. Nothin more to say..

Yes, luck, skill and analysis are the most important things in gambling, but luck always has a big role in anything. And true the lottery is a game that is 100% dependent on luck. And sport betting and poker are not so dependent on luck, but still depend on luck though not too big.

yes i also agree with you . i will give more preference to luck in gambling. although skill, experience and knowledge are important tool in some format of gambling but still we mostly depend on our luck for not only for gambling but for everything in our life. although some gambling games are there where we totally depend on our luck and there is no role of our experience and skill.

kodes88

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Quote from: bhantom on June 13, 2017, 11:51:43 PM

With gambling everything is clear. It is pure mathematics. If you play only to win like in any lottery it is everything about luck. If you play like in poker or sports bettings is much more about your experience and skills. Nothin more to say..

Yes, luck, skill and analysis are the most important things in gambling, but luck always has a big role in anything. And true the lottery is a game that is 100% dependent on luck. And sport betting and poker are not so dependent on luck, but still depend on luck though not too big.

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Quote from: phaddie on June 13, 2017, 08:21:49 PM

Gambling is profitable only for house always.Only very luckiest persons can turn the gambling in their favor,not everyone.You win win but then suddenly sky falls on you when you remain empty handed.Gambling can not be profitable for long.

Yes the real profit-makers in gambling is the casino owners and not the players - otherwise the casino would not exist. It is a business that the owners are running and surely they would not want any negative profits. Besides casino are not charity that they give away money to beggars. People should learn to invest money in the proper manner and not play with it like gambling.

8Habits

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Quote from: Tamilson on June 14, 2017, 04:03:01 AM

The only way gambling will be profitable in long term is when you lose continuously in a long period of time and then won all of those losses at the last part. Most of the time, the whole gain and loss thing is fluctuating and the only way it ends is when you finally lost all of your money. In the long run, everyone's losing because we only stop when there's nothing left to gamble.

The lesson is to have a pre-bet calculated plan. Where you only do certain amount of bets in a session and stop on designated target whether you lose or win. There is no emotion involve - only follow your pre-planned bets.

Tamilson

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The only way gambling will be profitable in long term is when you lose continuously in a long period of time and then won all of those losses at the last part. Most of the time, the whole gain and loss thing is fluctuating and the only way it ends is when you finally lost all of your money. In the long run, everyone's losing because we only stop when there's nothing left to gamble.

Caladonian

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Quote from: gsrcrxsi on June 14, 2017, 12:25:43 AM

Yes i just played for 15 hours straight and i made some good profit in the end if you are going to think and always revise your strategies make sure that you are not greedy when you are loosing too much gambling is need patience and don't it to be rush gambling can really be a profitable in a long term of playing.

15hrs is really a long time consuming just for gambling i guess you already got a lots of patient considering that you win after that long period of time, a lots of gamblers really got greedy when they seen some potential forgetting about the main goal why you first create your strategy, maybe its really depend on the person itself to win from it especially in the lone period of playing.

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Quote from: akar87 on June 14, 2017, 01:48:07 AM

It seems like not, alot gamblers whose financial condition was ruined after gambling for a long time. They lost much and not only money. They also have a debt thata piled up, i dont say about other people. But, I have a brother experiencing such conditions.

Alot of people is going to suffer, what do you expect anyway it is EV- games which means you are supposed to lose in the long run. Even if someone win by some chance of luck then it is not something great. After all people should be aware of the risk they are facing when they gamble, anything that you deposit is bound to lose

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Quote from: daringdiscovered on June 14, 2017, 12:56:42 AM

Quote from: bhantom on June 13, 2017, 11:51:43 PM

With gambling everything is clear. It is pure mathematics. If you play only to win like in any lottery it is everything about luck. If you play like in poker or sports bettings is much more about your experience and skills. Nothin more to say..

It is not like that. Gambling in either game will just have the same result, it's either you win or lose. But for me gambling is more of luck most of the time we do need in gambling. No matter how much experience we do have in gambling we are still going to lose and luck is the rrason why most of the time we win. This skills are only comes at handy when we are hesitating on what to do.

You will win if you are lucky most of the time but it does not happen to most of the gamblers, though sometimes we have
some luck but we love to keep betting and because of the greediness inside we will lose in the long run.
Sad to accept but that is the reality, we all lose in the long run.

poplolnman

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Quote from: gsrcrxsi on June 14, 2017, 12:25:43 AM

Yes i just played for 15 hours straight and i made some good profit in the end if you are going to think and always revise your strategies make sure that you are not greedy when you are loosing too much gambling is need patience and don't it to be rush gambling can really be a profitable in a long term of playing.

you mean when you gamble so calmly you might could make gambling profitable ? i don't think it so that easy. strategy or something like that basically didn't have big effect in gambling due its uncertainity that always makes a surprising outcome , gambling actually won't make anyone profitable in the long run due the fact that the games mostly -EV.

akar87

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It seems like not, alot gamblers whose financial condition was ruined after gambling for a long time. They lost much and not only money. They also have a debt thata piled up, i dont say about other people. But, I have a brother experiencing such conditions.

daringdiscovered

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Quote from: bhantom on June 13, 2017, 11:51:43 PM

With gambling everything is clear. It is pure mathematics. If you play only to win like in any lottery it is everything about luck. If you play like in poker or sports bettings is much more about your experience and skills. Nothin more to say..

It is not like that. Gambling in either game will just have the same result, it's either you win or lose. But for me gambling is more of luck most of the time we do need in gambling. No matter how much experience we do have in gambling we are still going to lose and luck is the rrason why most of the time we win. This skills are only comes at handy when we are hesitating on what to do.

gsrcrxsi

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Yes i just played for 15 hours straight and i made some good profit in the end if you are going to think and always revise your strategies make sure that you are not greedy when you are loosing too much gambling is need patience and don't it to be rush gambling can really be a profitable in a long term of playing.

bhantom

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With gambling everything is clear. It is pure mathematics. If you play only to win like in any lottery it is everything about luck. If you play like in poker or sports bettings is much more about your experience and skills. Nothin more to say..

revans

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You can win from gambling from long run.Because of the house Edge you will lose if you gamble in the long run.If you gamble through poker or player vs player game you have high chance to win.But if you gamble vs house you will surely lose if you gamble long run.Read more about house edge.

czvezda

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Gambling always suck in long term if we think we can make some serious money like our daily job than that is very wrong type of thinking but if you are lucky than can get profit at any day buy not always.

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