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Topic: Can gambling be profitable in long term ? - page 53. (Read 112232 times)

copper member
Activity: 2870
Merit: 1279
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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.

It is pretty profitable also if you manage to win always because it's not the house that is always winning, whether you are winning or not, some person is losing already and regained what the house lost from the winning moment that you got. Gambling cannot be dependent on how much you would get consistently.
sr. member
Activity: 308
Merit: 250
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.
hero member
Activity: 854
Merit: 500
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Well there are people who have gotten pretty rich from gambling so I guess it could be if you "play your cards" right Cheesy

And luck, dont forget about luck, there are people who have gotten pretty rich from gambling but not much, because luck have a biggest role in gambling. There are a lot people who "play their card" pretty good but still not rich because they aren't lucky enough to be rich from gambling.
Yeah and you can be one of those if you are too lucky to win but is it for 2% out of 100% players only .Well it is not profitable in long terms because the more you longer play the more you lose .the bonus only if your luck is with you .
hero member
Activity: 672
Merit: 500
Well there are people who have gotten pretty rich from gambling so I guess it could be if you "play your cards" right Cheesy

And luck, dont forget about luck, there are people who have gotten pretty rich from gambling but not much, because luck have a biggest role in gambling. There are a lot people who "play their card" pretty good but still not rich because they aren't lucky enough to be rich from gambling.
sr. member
Activity: 910
Merit: 251
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.
in my side of view, it is not 100% probable that you can gain bitcoin profit in the gambling site, because most of the time
Gambling can make us loss most often in the games so in the end losses of money.
hero member
Activity: 644
Merit: 500
For me seems cann't. Although I have tried to target 10% profit per day, a few days later ended busto. And the main mistake is ourselves that greedy. Although target has been reached, sometimes a desire to get a little more and that's when emotions begin to get out of control.

That's true mate. When you started earning something wether if it's for gambling or other form of investment sometimes you become greedy and that's what most people do they forget where they come from and you'll out of control until you'll lose all of your money.
sr. member
Activity: 490
Merit: 250
For me seems cann't. Although I have tried to target 10% profit per day, a few days later ended busto. And the main mistake is ourselves that greedy. Although target has been reached, sometimes a desire to get a little more and that's when emotions begin to get out of control.
sr. member
Activity: 560
Merit: 257
It seems very difficult to expect to profit from gambling for the long term because gambling is not forever winning and not always getting a continuous profit, sometimes losing sometimes win. While winning and getting profit we may assume that gambling is reliable for the long term. However, when we experience a successive defeat, then we will assume that gambling has destroyed our balance.
jr. member
Activity: 60
Merit: 1
On long term, I see gambling more profitable to service providers and investors in gambling websites rather than players, since mathematical variance and odds are at their side and with more bets and playing, mathematics should take the better hand and the house wins more than 50% (the edge + %50) of course it isn't necessary as a big gambler can change the whole money profit stat for a dice website.
hero member
Activity: 1428
Merit: 506
As I observe gambling is not profitable in long term as they monitor your style and techniques on how you play the game. For me it is profitable for short term playing as Ive experience it.
legendary
Activity: 2674
Merit: 1048
Unlikely, gambling might be profitable in a session or two but over the long term gambling is a negative sum game, the house edge is always against the player and hence on long term, majority of the player's money profit is in negative if you calculate for a year or more.
yes that is right , and it is like a mission impossible to manage your bankroll to make it always profitable now or then . i believe too if you do a calculation or create a book where you lost or get profit written there , the result mostly just negative as you said.

gambling can be profitable in the long run but i can say it has 1% chance for anybody to successfully make it happen.
hero member
Activity: 821
Merit: 501
gambling never be profitable in long term.also you asking can be possible to earn $50 to $100 each day.its impossible you can earn continues fixed amount on gambling.every day will be not your day and owner of casino will always win on the long run.so any rules or discipline can not make you every day win.
legendary
Activity: 1400
Merit: 1009
IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.


How about skilled people that knows how to use strategy in skill based games like poker and blackjack?  Won't they win in the long run ?  In my opinion they will win and be profitable in the long run because they know how to deal with the situation and know the strategy on how to beat their opponent.  
Well, it depends whom with the skilled player is playing with. if he's playing with bots/online the chances of winning on the long-run is not that good, if he's playing offline with real folks/faces he'll be winning(but one should never push their luck). offline poker is fun.
hero member
Activity: 1302
Merit: 503
Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
Bottomline is gambling is never for long term profit whether you win or not. It's never for anything long term at all. You also have to be careful about what you're saying about how gambling should be fir fun as a lot of addicted gamblers start that way.

Gambling is only gambling, it is only profit able if we get fun and don't take tension when we get lose from it. Otherwise no specific way to play gambling in a profitable way and also in a long term way. Because, it is not a source of income, only those kind people think that who have no specific income and they think that may be gambling give them earning in a long way.   
- There is no way to help us earn a long term profit from gambling, profit will only last for a short time, in the long run profits will disappear and instead be loss. Gambling is a game of fate, we can not know what will happen next, so if we think of a long-term profit from it, that's a mistake and our mistakes will make us lose a lot of money. We only have long-term profitability unless we are lucky but we should know that luck does not follow us forever, so long-term profit from gambling is impossible.
sr. member
Activity: 532
Merit: 327
Well there are people who have gotten pretty rich from gambling so I guess it could be if you "play your cards" right Cheesy
hero member
Activity: 588
Merit: 500
Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
Bottomline is gambling is never for long term profit whether you win or not. It's never for anything long term at all. You also have to be careful about what you're saying about how gambling should be fir fun as a lot of addicted gamblers start that way.

Gambling is only gambling, it is only profit able if we get fun and don't take tension when we get lose from it. Otherwise no specific way to play gambling in a profitable way and also in a long term way. Because, it is not a source of income, only those kind people think that who have no specific income and they think that may be gambling give them earning in a long way.   
sr. member
Activity: 672
Merit: 251
Content| Press Releases | Articles | Strategy
Big bankroll allows this very realistically.  Just don't start downing margaritas when you are winning or all that discipline will vanish and along with it, your profit.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
Bottomline is gambling is never for long term profit whether you win or not. It's never for anything long term at all. You also have to be careful about what you're saying about how gambling should be fir fun as a lot of addicted gamblers start that way.

Gambling for long term profit in other words tends to addicted gamblers. In gambling one never knows when a loss might appear. There may not be any wins at all in many unlucky cases as well. In the long term the only profitmaker is the casino owner and the investors of the casino and not the players. Otherwise the casino would not run in the first place.
newbie
Activity: 19
Merit: 0
Unlikely, gambling might be profitable in a session or two but over the long term gambling is a negative sum game, the house edge is always against the player and hence on long term, majority of the player's money profit is in negative if you calculate for a year or more.
hero member
Activity: 1246
Merit: 529
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Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
Bottomline is gambling is never for long term profit whether you win or not. It's never for anything long term at all. You also have to be careful about what you're saying about how gambling should be fir fun as a lot of addicted gamblers start that way.
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