Can gambling be profitable in long term ? - page 55.

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Quote from: rahoman on May 22, 2017, 07:13:06 AM

IN SPORTBETTING LONG TERM THERE IS NO LUCK

Hmm if you are saying that sports betting is not profitable in the long term then I think I have to disagree. There is someone in the forum that apply a martingale system to sportsbetting and the result is incredible. Having knowlege on every team and betting with a method that will enable you to regain the lost bet in a single win will surely make gambling profitable in long term.

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Quote from: TheUltraElite on May 23, 2017, 11:02:24 AM

It is important to control your emotions while gambling and not get fooled by your greed, which is an inherent property in humans. It is tough to control temptations but you must understand that betting even in sports is not always safe. You need to consider your edge and luck factors. Though its easier said than done know your limits on betting and do responsible gambling.

It is tough to control it however when we learn to control it then it will be easy . although we may not be controlling everything however atleast we can control it a bit. Sometimes it is better to think of it as entertainment even when you play for profit to avoid getting stress over this kind of stuff

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So anyway, I applied as a merit source :)

Quote from: susila_bai on May 22, 2017, 11:18:39 AM

Quote from: rahoman on May 22, 2017, 07:13:06 AM

IN SPORTBETTING LONG TERM THERE IS NO LUCK

This you are telling due to you get greedy and bet on unsafe bets, as i am doing sports betting for more then 15 months and i have got recovered all my loss and now i am in profit. I first do full analyses of the games and teams and then i go for safe bet let the profit be less but i dont take loss

It is important to control your emotions while gambling and not get fooled by your greed, which is an inherent property in humans. It is tough to control temptations but you must understand that betting even in sports is not always safe. You need to consider your edge and luck factors. Though its easier said than done know your limits on betting and do responsible gambling.

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Quote from: LimLims on May 22, 2017, 10:45:16 PM

Sports betting can give you good profits if you can handle it smartly but there is no guarantee that it will be profitable in long term as some day you may gamble with higher amount and decision may not go in your favor in that case you will loose everything that you have earned till date.

Thats pretty stupid IMO, it doesnt matter which game that you are playing. As long as you could get profit from it then it is fine. Secondly , it is hard to get profit in EV- games therefore dont even think of it. Everything is just so based of luck therefore you dont have to worry about it. If you are meant to win then you are going to win

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The truth is gambling at the end is not profitable. Even you win more but its have a bad effect or influence to the other. This will the reason why we have no enough time to our family. And the winning coming from gambling is easy to consume so that when time comes that need a capital we have no money instead we borrow to other. And if they lose more we turn into stress and that's why our health condition down.

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Sports betting can give you good profits if you can handle it smartly but there is no guarantee that it will be profitable in long term as some day you may gamble with higher amount and decision may not go in your favor in that case you will loose everything that you have earned till date.

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Quote from: Malsetid on May 22, 2017, 09:59:04 AM

Quote from: rahoman on May 22, 2017, 07:13:06 AM

IN SPORTBETTING LONG TERM THERE IS NO LUCK

This goes for gambling in general. If you're looking for long term, investing is the best option for you. Gambling is for people who are looking for short term easy profits. And a lot of people are getting this temporarily, though as with anything that you acquire easily, there's a far bigger chance that you're going to lose this easily as well

Just make gambling as your past time, and not your source of income. You're right, if you invest your money it has more higher chance that your money will back with profit, than to gamble it. Investing is also a type of gambling, you're also taking the risk of losing your money, so i suggest to invest in ico, wait for the campaign to become successful then sell the particular altcoin you invest then, there you have it. Your money is back with profit.

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Quote from: izanagi narukami on May 22, 2017, 12:10:06 PM

For now I'm suggest to hold your coins before you gamble all in since bitcoin is increase everyday it means if you loss your gambling , it means you're loss more than you can afford today.
For who decide to invest on gambling site and the gambling site able to yield profit , congrats because investment on gambling site is better than gambling recently

If gambling not for profit it is alright to gamble, some gamblers are not really investors and they do not care so much with the price increase, you will only care if you earn it but mostly they buy bitcoins with their fiat to gamble. I do earn bitcoin so I never gamble everything, I make sure I am going to balance my fund management, having fun a little bit but focus more on investing.

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Quote from: crwth on May 22, 2017, 12:04:46 PM

Talking about gambling, playing in the long run won't help you improve or add to your wins because the house would win most of the time.

You could win as long as it is EV+ however it wont be easy to play on EV+ games. First of all it is still best to avoid a long term play no matter it is EV- or EV+. It is definitely time consuming while you can either win or lose everything in an instant. Due note that either way there will be only two possibilities and once you decided to gamble then just go with it

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For now I'm suggest to hold your coins before you gamble all in since bitcoin is increase everyday it means if you loss your gambling , it means you're loss more than you can afford today.
For who decide to invest on gambling site and the gambling site able to yield profit , congrats because investment on gambling site is better than gambling recently

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Quote from: carlisle1 on May 22, 2017, 11:54:27 AM

Quote from: erwin45hacked on May 21, 2017, 07:32:23 AM

Quote from: TheUltraElite on May 21, 2017, 05:05:45 AM

To hell with being broke even broke people are becoming antisocial and gambling more and more. Gambling has taken over their minds and its killing them from inside even then they are so addicted that they cant stop themselves from robbing other people and killing others just for money.

Of course they end up in jail. But then you will find them gambling in jail as well. Grin

Not alot of addicted gamblers actually ended up stealing or robbing other people's possesion. In fact most finally realized their mistake and move back to their way of living. Things are not really as what it seems however when someone lose everything in gambling, it is highly likely that he will stop gambling forever

But most of the time those addicted gamblers have already treated gambling as the way of their living that they seem to have forgotten how they used to lived their lives the time that they were not yet dealing with gambling and even they know that they lost everything they can't even stop, maybe there are still people who have totally overcome their addiction but there are still number of people who have been eaten by their addiction not all of them are doing such crime but there's a few people I guess who are working to make money only to sustain their gambling habits .

It's already a part of their lives, and you can never take it away from them, that's what I think. It's going to be hard for them to remove it because it's already there. No matter what you are trying to imply, like telling you can quit, it's going to be a rough road. Talking about gambling, playing in the long run won't help you improve or add to your wins because the house would win most of the time.

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Quote from: erwin45hacked on May 21, 2017, 07:32:23 AM

Quote from: TheUltraElite on May 21, 2017, 05:05:45 AM

To hell with being broke even broke people are becoming antisocial and gambling more and more. Gambling has taken over their minds and its killing them from inside even then they are so addicted that they cant stop themselves from robbing other people and killing others just for money.

Of course they end up in jail. But then you will find them gambling in jail as well. Grin

Not alot of addicted gamblers actually ended up stealing or robbing other people's possesion. In fact most finally realized their mistake and move back to their way of living. Things are not really as what it seems however when someone lose everything in gambling, it is highly likely that he will stop gambling forever

But most of the time those addicted gamblers have already treated gambling as the way of their living that they seem to have forgotten how they used to lived their lives the time that they were not yet dealing with gambling and even they know that they lost everything they can't even stop, maybe there are still people who have totally overcome their addiction but there are still number of people who have been eaten by their addiction not all of them are doing such crime but there's a few people I guess who are working to make money only to sustain their gambling habits .

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Quote from: rahoman on May 22, 2017, 07:13:06 AM

IN SPORTBETTING LONG TERM THERE IS NO LUCK

This you are telling due to you get greedy and bet on unsafe bets, as i am doing sports betting for more then 15 months and i have got recovered all my loss and now i am in profit. I first do full analyses of the games and teams and then i go for safe bet let the profit be less but i dont take loss

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: chris200x9 on May 22, 2017, 06:50:29 AM

Quote from: mirakal on May 21, 2017, 09:18:32 PM

Quote from: MMA on May 21, 2017, 05:36:55 PM

Quote from: hatshepsut93 on May 20, 2017, 01:18:09 PM

The best way to turn gambling into profitable activity is to play skill-based games (like poker) against real people. First, you will be able to increase your chances by playing well against weaker opponents, and second - you can read their faces to get more information. Together it will give you an edge over your opponents and will turn your Expected Value positive, which means that you will have chances to be profitable over the long run. You can also try betting on yourself while playing some online games like CS:GO or DOTA 2, there are services that allow players to challenge each other for money.

yes that is too much important and through this way we can even get a good profit on long term. as there are some gambling games like sports games, car racing and horse racing where we have the change to use our skill and experience where our analysis also worn and we can really make good profit using these tools in gambling games, but still the element of luck is always there, which can change your result any time.

Choosing the right game is very important because this is gambling, your chance to win is when you have an edge over the other and we all know that gambling with house edge will beat players in the long run. For gamblers who aim for long term success, never choose a game with house edge, it is only good for entertainment and nothing else, that is just my opinion but if one wants to make big instant money he can try his luck with gambling.

House edge games are too risky to play and more entertainment. Here we get only fun no returns. So don't get excited when you playing in casino games just invest how much you can afford and have fun. You want to make money in gambling then best play only skill games what you like it may be poker game or sports betting or any other card game. Play seriously with using your all strategies your winning chances will be high in skill games.

House edge games can never bring a net profit because you never know when the red streaks will start and you will lose like anything. Hence its better to avoid them and make sure you dont get addicted to them. Skill based games are better in that they need your judgement and knowledge and skills to win and not simply your luck - but again you cannot rule out luck. Because without luck you cant win any game in gambling.

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Quote from: rahoman on May 22, 2017, 07:13:06 AM

IN SPORTBETTING LONG TERM THERE IS NO LUCK

This goes for gambling in general. If you're looking for long term, investing is the best option for you. Gambling is for people who are looking for short term easy profits. And a lot of people are getting this temporarily, though as with anything that you acquire easily, there's a far bigger chance that you're going to lose this easily as well

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Quote from: mothergodness on May 20, 2017, 06:38:27 AM

Gambling in general can not be regarded as a source of income, because they are based only on luck and an intelligent person will not invest all their money in them.

Well, it's basically just a gambling game that gives pleasure to us. advantage just as a bonus for each game we get or use it well. But it needs to be underlined in the line, that every good fortune will surely make us happy. So, those who get pleasure is that can get good luck. So, when we can't play well then the benefits will not be available.When you look at that gambling which give profit or revenue for you. then the main thing that you have to set is self control, when you can do it well then I am sure you will not experience major losses

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Quote from: romero121 on May 22, 2017, 07:27:22 AM

Quote from: FlightyPouch on May 22, 2017, 07:11:23 AM

Quote from: chris200x9 on May 22, 2017, 06:50:29 AM

Quote from: mirakal on May 21, 2017, 09:18:32 PM

Quote from: MMA on May 21, 2017, 05:36:55 PM

Quote from: hatshepsut93 on May 20, 2017, 01:18:09 PM

The best way to turn gambling into profitable activity is to play skill-based games (like poker) against real people. First, you will be able to increase your chances by playing well against weaker opponents, and second - you can read their faces to get more information. Together it will give you an edge over your opponents and will turn your Expected Value positive, which means that you will have chances to be profitable over the long run. You can also try betting on yourself while playing some online games like CS:GO or DOTA 2, there are services that allow players to challenge each other for money.

yes that is too much important and through this way we can even get a good profit on long term. as there are some gambling games like sports games, car racing and horse racing where we have the change to use our skill and experience where our analysis also worn and we can really make good profit using these tools in gambling games, but still the element of luck is always there, which can change your result any time.

Choosing the right game is very important because this is gambling, your chance to win is when you have an edge over the other and we all know that gambling with house edge will beat players in the long run. For gamblers who aim for long term success, never choose a game with house edge, it is only good for entertainment and nothing else, that is just my opinion but if one wants to make big instant money he can try his luck with gambling.

House edge games are too risky to play and more entertainment. Here we get only fun no returns. So don't get excited when you playing in casino games just invest how much you can afford and have fun. You want to make money in gambling then best play only skill games what you like it may be poker game or sports betting or any other card game. Play seriously with using your all strategies your winning chances will be high in skill games.

Well, that makes sense, if you really want to make money out of your gambling, you better take it seriously, and you really must play a game where you know much and not really relies on your luck. Sports betting is good one because you can always stake your money with a high possibility of winning. If you want casino, I think you must really know how to do pokers and stuffs.

For Money making through gambling, both Casinos and sports betting is good. Both needs luck at stance, but with sports betting you can have increased winning chance based on the knowledge you have on the particular event. In other hand Casino provide big winnings as 100 btc and so on with the lucky people. The same is not possible with sports betting as it has got limitations in betting value for each event.

Yes sports betting has an limitations in betting value but still many people will prefer to go for sports betting as it is a game which is not totally based on luck and if you have good knowledge and skills about the particular sport then you can make good money from it and its always better to win small amount instead of loosing a bigger amount in casino games where only luck will decide your end result.

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Quote from: FlightyPouch on May 22, 2017, 07:11:23 AM

Quote from: chris200x9 on May 22, 2017, 06:50:29 AM

Quote from: mirakal on May 21, 2017, 09:18:32 PM

Quote from: MMA on May 21, 2017, 05:36:55 PM

Quote from: hatshepsut93 on May 20, 2017, 01:18:09 PM

The best way to turn gambling into profitable activity is to play skill-based games (like poker) against real people. First, you will be able to increase your chances by playing well against weaker opponents, and second - you can read their faces to get more information. Together it will give you an edge over your opponents and will turn your Expected Value positive, which means that you will have chances to be profitable over the long run. You can also try betting on yourself while playing some online games like CS:GO or DOTA 2, there are services that allow players to challenge each other for money.

yes that is too much important and through this way we can even get a good profit on long term. as there are some gambling games like sports games, car racing and horse racing where we have the change to use our skill and experience where our analysis also worn and we can really make good profit using these tools in gambling games, but still the element of luck is always there, which can change your result any time.

Choosing the right game is very important because this is gambling, your chance to win is when you have an edge over the other and we all know that gambling with house edge will beat players in the long run. For gamblers who aim for long term success, never choose a game with house edge, it is only good for entertainment and nothing else, that is just my opinion but if one wants to make big instant money he can try his luck with gambling.

House edge games are too risky to play and more entertainment. Here we get only fun no returns. So don't get excited when you playing in casino games just invest how much you can afford and have fun. You want to make money in gambling then best play only skill games what you like it may be poker game or sports betting or any other card game. Play seriously with using your all strategies your winning chances will be high in skill games.

Well, that makes sense, if you really want to make money out of your gambling, you better take it seriously, and you really must play a game where you know much and not really relies on your luck. Sports betting is good one because you can always stake your money with a high possibility of winning. If you want casino, I think you must really know how to do pokers and stuffs.

For Money making through gambling, both Casinos and sports betting is good. Both needs luck at stance, but with sports betting you can have increased winning chance based on the knowledge you have on the particular event. In other hand Casino provide big winnings as 100 btc and so on with the lucky people. The same is not possible with sports betting as it has got limitations in betting value for each event.

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IN SPORTBETTING LONG TERM THERE IS NO LUCK

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Quote from: chris200x9 on May 22, 2017, 06:50:29 AM

Quote from: mirakal on May 21, 2017, 09:18:32 PM

Quote from: MMA on May 21, 2017, 05:36:55 PM

Quote from: hatshepsut93 on May 20, 2017, 01:18:09 PM

The best way to turn gambling into profitable activity is to play skill-based games (like poker) against real people. First, you will be able to increase your chances by playing well against weaker opponents, and second - you can read their faces to get more information. Together it will give you an edge over your opponents and will turn your Expected Value positive, which means that you will have chances to be profitable over the long run. You can also try betting on yourself while playing some online games like CS:GO or DOTA 2, there are services that allow players to challenge each other for money.

yes that is too much important and through this way we can even get a good profit on long term. as there are some gambling games like sports games, car racing and horse racing where we have the change to use our skill and experience where our analysis also worn and we can really make good profit using these tools in gambling games, but still the element of luck is always there, which can change your result any time.

Choosing the right game is very important because this is gambling, your chance to win is when you have an edge over the other and we all know that gambling with house edge will beat players in the long run. For gamblers who aim for long term success, never choose a game with house edge, it is only good for entertainment and nothing else, that is just my opinion but if one wants to make big instant money he can try his luck with gambling.

House edge games are too risky to play and more entertainment. Here we get only fun no returns. So don't get excited when you playing in casino games just invest how much you can afford and have fun. You want to make money in gambling then best play only skill games what you like it may be poker game or sports betting or any other card game. Play seriously with using your all strategies your winning chances will be high in skill games.

Well, that makes sense, if you really want to make money out of your gambling, you better take it seriously, and you really must play a game where you know much and not really relies on your luck. Sports betting is good one because you can always stake your money with a high possibility of winning. If you want casino, I think you must really know how to do pokers and stuffs.

Topic: Can gambling be profitable in long term ? - page 55. (Read 112232 times)