Can gambling be profitable in long term ? - page 57.

TheUltraElite

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Quote from: fujyo86 on May 15, 2017, 11:12:07 AM

I'm not sure about that. Maybe gambling can give profit but few days only. For long time seems difficult to happen. Winning isn't always in our hands.

i think it depend on people for those people who have a lot of experience in gambling and much lucky and always win in gambling then gambling can be profitable for them in long term but generally gambling is always profitable in short term because it depend more on luck and luck does not always favor a person and of course winning is not in our hands.

Indeed, gambling is for a profitable in a long term because we know it requires a luck and luck is doesn't always in our side. Gambling can only profitable on short term however you can't assure that you will win because there is a low chance of winnnings on it.

I think you mean to say that gambling is not profitable in the long term - indeed I agree with you and I would also add that gambling is not profitable in the short term as well. Gambling is not meant to be a mode of earning and making profit from. It is a mode of entertainment. When it becomes an addiction then its tough for one to get over it and it leads to big losses.

Yes I agree gambling is never a profitable activity you can just make money in it like one in a blue moon. The rest the gamblers lose most of the time and the ultimate benefit of it goes to the casino owners. There will be hardly one out fifty people who will win the game otherwise not possibly anytime one can win the gambling. Nor is it profitable.

There are so many other factors which are effect your result. For example patient, your skill and experience, your analysis your investment and the most important is your luck. I think these factors are important for your luck, as there are some people who can fulfill and these requirements and are really making good profit form gambling on regular basis.

I thinks those factors are very minor in place of which luck plays a major role. You can have skills and you can gain a huge experience but if you are not lucky you cant win the gamble. Gambling is about luck and it the only thing we cannot predict and then we cry about it so much.Why bother about letting your luck earn money for you while your skills went to a waste? Rather use your time and skills for some other work that will let you earn money.

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Quote from: alphablitzer on May 20, 2017, 02:04:24 AM

I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

I agree with you.
Gambling should not be considered as a way of earning as it is truly based on luck.
Anyway as for the topic, gambling can not be profitable in the long term, the gamble houses were opened to make money of people, they will always make sure that they have a true advantage over their players, which will actually prevent you from winning anything from gambling.

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Quote from: crwth on May 20, 2017, 12:07:53 AM

I don't think playing every day in casinos would be ideal because it would just eat your money up no matter how lucky you are in their games. If you play in intervals, probably you could have a chance to win that kind of money. It depends if you have a lot of money in the bank to play in gambling, it would be easy. For example, having 1 Bitcoin is enough then playing at a 1.1x where the chance of winning is 90%. You would have already 1.1 already, and that's a lot in my opinion.

Its true, but also in interval play you can lose all your money in one bet. It happened to me.

alphablitzer

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I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

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I don't think playing every day in casinos would be ideal because it would just eat your money up no matter how lucky you are in their games. If you play in intervals, probably you could have a chance to win that kind of money. It depends if you have a lot of money in the bank to play in gambling, it would be easy. For example, having 1 Bitcoin is enough then playing at a 1.1x where the chance of winning is 90%. You would have already 1.1 already, and that's a lot in my opinion.

Charot12345

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For me it is not profitable in the long term because gambling depends greatly on your luck. Even your lucky today maybe tommorow is not. When you have good strategy and plans gambling will be profitable for a short term only so you should be smart for your winnings in the short term, invest it to bussiness and focus on it, and surely it can be profutable for long term.

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Quote from: bravehearth0319 on May 19, 2017, 08:18:57 PM

Whenever gambling can't be profitable in a long terms. The only things profitable in a long terms is Holding bitcoins/altcoins
in a long terms or doing trade in the market because gambling is just a game of relaxation and for entertainment only.

Yes, gambling should be just for a fun for short time to enjoy your free time. It can't be used to make a quick money because one can lose money easily instead of making it. As you said investing on other products or trading can give more chances of making money in the longer run. So if you want enjoyment then go to gambling not to make a money.

bravehearth0319

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Whenever gambling can't be profitable in a long terms. The only things profitable in a long terms is Holding bitcoins/altcoins
in a long terms or doing trade in the market because gambling is just a game of relaxation and for entertainment only.

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I lost long term, but as I play for fun, I do not care much. Everything you do cost money, why not spend some money for gambling fun.

If you play strategic games, you surely can win long term, but is it fun to always follow a certain strategy, instead of simply gamble how you feel?

Yeah .but don't ever play if you fall out with greed and i guess if you inly play for fun and don't chase money you will not fall in greediness feeling so to come up in long term it is most possibly that gamblers will loss and add more losses while only some of the wise gamblers who taking up to long term to spend wisely and earn.

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Quote from: Demidovasp on May 17, 2017, 09:55:35 AM

Betting on a sport which you have a clear understanding on, going with a very discipled money management strategy and yes you will be profitable long term.

I'm thinking about this because if I'm going to try other ways of earning through gambling which I'm not familiar or good at it. That will be hard for me, in sports betting like in basketball. There are a lot of good predictors with valid reason to bet and I just need to follow it and I can be good for a long term with this way.

You're right, everybody is different when someone is trying to make money through gambling. If we all wanted to just give money to one another for no reason at all then we would all just pick the same bets. Being familiar with the game is an important thing to remember also researching the newest updates on the game is a wise thing to do as well because as you may know already -things change within the gambling niche.

Research is our responsibility and we should do it always as it is the one that most of the gamblers are lacking of. They are mostly thinking that it will be profitable for them to stay in gambling without any plans. Not knowing that in the end without plan and goals in gambling it will result to a very bad one.

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Quote from: fujyo86 on May 15, 2017, 11:12:07 AM

I'm not sure about that. Maybe gambling can give profit but few days only. For long time seems difficult to happen. Winning isn't always in our hands.

i think it depend on people for those people who have a lot of experience in gambling and much lucky and always win in gambling then gambling can be profitable for them in long term but generally gambling is always profitable in short term because it depend more on luck and luck does not always favor a person and of course winning is not in our hands.

Indeed, gambling is for a profitable in a long term because we know it requires a luck and luck is doesn't always in our side. Gambling can only profitable on short term however you can't assure that you will win because there is a low chance of winnnings on it.

I think you mean to say that gambling is not profitable in the long term - indeed I agree with you and I would also add that gambling is not profitable in the short term as well. Gambling is not meant to be a mode of earning and making profit from. It is a mode of entertainment. When it becomes an addiction then its tough for one to get over it and it leads to big losses.

Yes I agree gambling is never a profitable activity you can just make money in it like one in a blue moon. The rest the gamblers lose most of the time and the ultimate benefit of it goes to the casino owners. There will be hardly one out fifty people who will win the game otherwise not possibly anytime one can win the gambling. Nor is it profitable.

There are so many other factors which are effect your result. For example patient, your skill and experience, your analysis your investment and the most important is your luck. I think these factors are important for your luck, as there are some people who can fulfill and these requirements and are really making good profit form gambling on regular basis.

When gambler is ready to learn some tactics on how smartly dealing against gambling house, I guess gambling will be profitable over time. Still we cannot be sure houses also will become smart over time or not.

Naokia980

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Greed and fear moves whole markets include sports betting,gambling etc...Even in sport betting will ruin people life because just like you say that greedy and emotional..Is that coincidence?!
You should play poker or sport bets with clear head without any emotions and always stick to rules.. It's better to play just for fun that too with limited money,just keep money management. You might be lucky to win some amount sometimes however to keep on winning is a different side of coin .
It isnt impossible that you can stay there long because gambling can drain your balance easily and without prorite your skills. That was different story Wink

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Quote from: fujyo86 on May 16, 2017, 11:24:00 AM

If, our target profit in gambling is still logical, there's a possibility of profitable for a long time. But, our mood is not always good, sometimes difficult to concentrate when gambling. And that's what makes us miss winning. A professional gambler can win big because it has big funds.

It is never about having bigger bankroll, in this case everyone could win in the long term given if that is EV+ gambling. If it is EV- then no one could win in the long term not even those of proffesional gambler. Incase you are wondering what EV+ means then you will need to take learn more about this stuff through google

Well yeah the EV is pretty new terminology to me anyway I am not interested in it currently to know it. Actually I am interested but not right now because of certain reasons. Anyway I don’t find gambling a profitable for both the sort and the long term. It is only good for the professionals who have a good understanding of the games and have more practice that they get profit from it.

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Quote from: fujyo86 on May 15, 2017, 11:12:07 AM

I'm not sure about that. Maybe gambling can give profit but few days only. For long time seems difficult to happen. Winning isn't always in our hands.

i think it depend on people for those people who have a lot of experience in gambling and much lucky and always win in gambling then gambling can be profitable for them in long term but generally gambling is always profitable in short term because it depend more on luck and luck does not always favor a person and of course winning is not in our hands.

Indeed, gambling is for a profitable in a long term because we know it requires a luck and luck is doesn't always in our side. Gambling can only profitable on short term however you can't assure that you will win because there is a low chance of winnnings on it.

I think you mean to say that gambling is not profitable in the long term - indeed I agree with you and I would also add that gambling is not profitable in the short term as well. Gambling is not meant to be a mode of earning and making profit from. It is a mode of entertainment. When it becomes an addiction then its tough for one to get over it and it leads to big losses.

Yes I agree gambling is never a profitable activity you can just make money in it like one in a blue moon. The rest the gamblers lose most of the time and the ultimate benefit of it goes to the casino owners. There will be hardly one out fifty people who will win the game otherwise not possibly anytime one can win the gambling. Nor is it profitable.

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Quote from: fujyo86 on May 15, 2017, 11:12:07 AM

I'm not sure about that. Maybe gambling can give profit but few days only. For long time seems difficult to happen. Winning isn't always in our hands.

If you are able to know to get out at the right time then you can make some profit gambling in the long run and i am wagging bet in sports for a very long time and with experience i do know what to do and what to expect in it and i am having a good profit with it. So it is possible to be profitable in the long run.

With sports betting, you can do that.. However, with other gambling games like slots, you definitely cannot do that because short or long term play doesn't matter at all because it is purely founded with luck!

Yeah sports betting is bit safer in compare to casino games where you depend only on luck to make money but in sports betting if you have knowledge of any particular sport then with a good strategy you can make good profits from each and every game and will help you in growing your profits in long term

I still cannot easily say it is, knowledge in what you are playing is very important, odds in sports betting is lower since you have to pay for the juice which is the bread and butter of the site. Believe me, I have been thinking most of the time that sports betting is easy and less risky but it came out that most of my loses are coming from sports betting.

Well there are many types of gambling and it depends upon the type that you are preferring to play depends on whether it is something that can help you makes you a good profit in the end or not. But no doubt knowledge about the game you are playing is must. Without knowledge it will be like dumping your money for none.

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Quote from: Demidovasp on May 17, 2017, 09:55:35 AM

Betting on a sport which you have a clear understanding on, going with a very discipled money management strategy and yes you will be profitable long term.

I agree with this as I have made a profit on sports betting for a while now. Like you said, we just need a good strategy and manage the money right and not get too greedy. Also I never chase after a loss and just stick to my strategy and it seems to work well for me and make me some profit each year.

Sports betting is good for those who are having some inside story and info about teams and bookies. I am not talking about rumors in the internet. I talking of real information here - like match fixings and signs that players look for in order to make a fixes with bookies. They do get caught by doing this but this will remain because there are a lot of sports bettors who tend to make money in this manner.

Yes, to bet on sports you need to have real information, and not to trust rumors on the Internet, because they in most cases lead only to a loss.

well that's why you needed to research and make your good judgement regarding to any event that will take place considering the advantage of the team or players that you will place your bet with its a big community where you can use the internet as your reference but not the actual source is still your instinct and understanding that will lead you to win.

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Quote from: TheUltraElite on May 19, 2017, 06:25:49 AM

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Quote from: Demidovasp on May 17, 2017, 09:55:35 AM

Betting on a sport which you have a clear understanding on, going with a very discipled money management strategy and yes you will be profitable long term.

I agree with this as I have made a profit on sports betting for a while now. Like you said, we just need a good strategy and manage the money right and not get too greedy. Also I never chase after a loss and just stick to my strategy and it seems to work well for me and make me some profit each year.

Sports betting is good for those who are having some inside story and info about teams and bookies. I am not talking about rumors in the internet. I talking of real information here - like match fixings and signs that players look for in order to make a fixes with bookies. They do get caught by doing this but this will remain because there are a lot of sports bettors who tend to make money in this manner.

Yes, to bet on sports you need to have real information, and not to trust rumors on the Internet, because they in most cases lead only to a loss.

i think it is not such a difficult job to get information about a particular match, if you have some information about the player of both the teams, their strong and weak points. then you can give better analysis about the match. you can also get valuable information about the match from social media and even from your friend, but still your own experience and your own analysis is too much important.

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Quote from: TheUltraElite on May 19, 2017, 06:25:49 AM

Quote from: vella85 on May 18, 2017, 07:57:36 PM

Quote from: Demidovasp on May 17, 2017, 09:55:35 AM

Betting on a sport which you have a clear understanding on, going with a very discipled money management strategy and yes you will be profitable long term.

I agree with this as I have made a profit on sports betting for a while now. Like you said, we just need a good strategy and manage the money right and not get too greedy. Also I never chase after a loss and just stick to my strategy and it seems to work well for me and make me some profit each year.

Sports betting is good for those who are having some inside story and info about teams and bookies. I am not talking about rumors in the internet. I talking of real information here - like match fixings and signs that players look for in order to make a fixes with bookies. They do get caught by doing this but this will remain because there are a lot of sports bettors who tend to make money in this manner.

Yes, to bet on sports you need to have real information, and not to trust rumors on the Internet, because they in most cases lead only to a loss.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: vella85 on May 18, 2017, 07:57:36 PM

Quote from: Demidovasp on May 17, 2017, 09:55:35 AM

Betting on a sport which you have a clear understanding on, going with a very discipled money management strategy and yes you will be profitable long term.

I agree with this as I have made a profit on sports betting for a while now. Like you said, we just need a good strategy and manage the money right and not get too greedy. Also I never chase after a loss and just stick to my strategy and it seems to work well for me and make me some profit each year.

Sports betting is good for those who are having some inside story and info about teams and bookies. I am not talking about rumors in the internet. I talking of real information here - like match fixings and signs that players look for in order to make a fixes with bookies. They do get caught by doing this but this will remain because there are a lot of sports bettors who tend to make money in this manner.

vella85

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Quote from: Demidovasp on May 17, 2017, 09:55:35 AM

Betting on a sport which you have a clear understanding on, going with a very discipled money management strategy and yes you will be profitable long term.

I agree with this as I have made a profit on sports betting for a while now. Like you said, we just need a good strategy and manage the money right and not get too greedy. Also I never chase after a loss and just stick to my strategy and it seems to work well for me and make me some profit each year.

Topic: Can gambling be profitable in long term ? - page 57. (Read 112258 times)