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Topic: Can gambling be profitable in long term ? - page 58. (Read 112258 times)

sr. member
Activity: 249
Merit: 250
I live in a gambling city Vegas and the full-time gamblers that I know are either 1) sports bettors and 2) poker players.

Sports bettors know all the nuances and details of sports that most people don't care to know for that slight edge.  The full-time poker players play against the tourists who they see as easy marks who are in town for the experience and not there to make a living off it.
hero member
Activity: 700
Merit: 500

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.

yes you are right that gambling cannot be profitable in long term because it purely depend on luck and luck is not always on your side but only sometimes it needs skill or experience and also it is very difficult to win every time in gambling but i think if a person win a very huge amount in gambling and after that he start some another kind of business on that amount then i think it will be profitable for him in long term.
But not all gamblers do like that to start another business because most of gamblers they think that they can get more easy money on gambling. If many person think like that to do business while he/she gamble i think its not profitable for him.

Yeah. Because he won't earn any money even he do have business while he is gambling. He will just lose his income that he is making in business if he is going to spend it on gambling. So, if we do really want to earn money, then we have to focus on one thing, on one thing which we know that we could really earn money.
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
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.
hero member
Activity: 3024
Merit: 745
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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.
Good luck to you mate, sports betting is fun but I never earn on that game although sometimes I also win.
In order to make money in sports betting, you need to fully focus and stop relying on other person's capacity to cap games, you need to have on your own and study it carefully because there are things that you need to consider, stats and most important news, you have to include it when you analyze.

Thanks with your good luck mate, This is the only close way in gambling that can be profitable for me in the long term. I think it's good to rely with other people's speculation because sometimes it's good and sometimes it's not. But of course I'm only going to get the good speculations with basis so that it can help me with my bets.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
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

I still seen some player having lost in the long run even if the gambling is EV+.  This only means gambling is really random.  It is just like EV+  have more chance of winning in the long run than EV-.  Still it is the chance to win  in the calculation so I guess the result is still dependent on the internal setting of the game.

Of course you could lose in the long run in an EV+ games as well as you could probably win with some luck during your EV- games. In the end everything is related on luck so dont even bother to think about it anymore. Take the one that is going to give you the higher chance to win and you could make the best out of it

Gambling is all about luck be it EV+ or EV- these days even EV- games are rigged and the people are greedily betting on them hoping for huge win but only leads to big losses. In the long term definitely EV+ games are a bit profitable but then it becomes an addiction and its hard to get over with. in gambling if you calculate your total losses and total wins you will find out that you are in a situation of net negative profit, or in other words you are having a loss - a loss that is a profit for the casino and that was what the casino wanted from its players.

Do you have any proofs that casino games are rigged? If they are EV-, why would operators cheat, do you think they are that greedy? Most Bitcoin gambling sites feature Provably Fair system, where players can verify that every bet they made is random and wasn't tampered by any side. 

Yes they are greedy. It is the greed which makes the casino owners run their business of making people fools. Well business if absolutely about making fool of others and stealing their money. However the casino do that in a much more clean method and we cannot observe that in the midst of the shouting and screaming of the casino. Agents of the casino are always there to stop the big hitters and the lucky people from playing too much - stating that it was a technical fault.
hero member
Activity: 672
Merit: 500
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.
Good luck to you mate, sports betting is fun but I never earn on that game although sometimes I also win.
In order to make money in sports betting, you need to fully focus and stop relying on other person's capacity to cap games, you need to have on your own and study it carefully because there are things that you need to consider, stats and most important news, you have to include it when you analyze.

At first I thought betting on sport games that I already familiar with, like soccer games would be easier. But frankly, the results are not what I expected. I began to think that all forms of gambling were the same in terms of the opportunity to win it.

Sport betting in football is sometimes not as easy as we think. The outcome of the match is sometimes surprising, not as predicted. We know that in football we will sometimes think that big teams will win against small teams, but sometimes the results are not like that, sometimes small clubs beat big teams. This is where we have to analyze well, though luck remains a determinant.
legendary
Activity: 1442
Merit: 1008
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.
please make a valid report if you have a time , then people could know if your method to keep following someone called a random 'pro tipster' work to make profit in the long run , otherwise it's just another bullshit. mathematically people who play on a casino would always lost to the casino that always there waiting for your another game to lost in the end. the circle are there happened everytime.
legendary
Activity: 1904
Merit: 1000
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.
Good luck to you mate, sports betting is fun but I never earn on that game although sometimes I also win.
In order to make money in sports betting, you need to fully focus and stop relying on other person's capacity to cap games, you need to have on your own and study it carefully because there are things that you need to consider, stats and most important news, you have to include it when you analyze.

At first I thought betting on sport games that I already familiar with, like soccer games would be easier. But frankly, the results are not what I expected. I began to think that all forms of gambling were the same in terms of the opportunity to win it.
sr. member
Activity: 756
Merit: 294
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.
Good luck to you mate, sports betting is fun but I never earn on that game although sometimes I also win.
In order to make money in sports betting, you need to fully focus and stop relying on other person's capacity to cap games, you need to have on your own and study it carefully because there are things that you need to consider, stats and most important news, you have to include it when you analyze.

Could not agree more to that. It is a matter of creating your own personal strategy of betting into sports betting. A strategy that you think is working for you and you at the same time you are comfortable with.
hero member
Activity: 3010
Merit: 666
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.
Good luck to you mate, sports betting is fun but I never earn on that game although sometimes I also win.
In order to make money in sports betting, you need to fully focus and stop relying on other person's capacity to cap games, you need to have on your own and study it carefully because there are things that you need to consider, stats and most important news, you have to include it when you analyze.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
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.
legendary
Activity: 938
Merit: 1002
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.
In gambling most of the people do not have control over themselves. I think those people who have control over their emotions while playing gambling then they can really show good results in longer haul. But in fact while playing gambling most of the people lost control over their emotions which cause a lot of lost to them hence there will be only a thin chances gambling to be profitable on long run.
legendary
Activity: 2674
Merit: 1048
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

I still seen some player having lost in the long run even if the gambling is EV+.  This only means gambling is really random.  It is just like EV+  have more chance of winning in the long run than EV-.  Still it is the chance to win  in the calculation so I guess the result is still dependent on the internal setting of the game.

Of course you could lose in the long run in an EV+ games as well as you could probably win with some luck during your EV- games. In the end everything is related on luck so dont even bother to think about it anymore. Take the one that is going to give you the higher chance to win and you could make the best out of it

Gambling is all about luck be it EV+ or EV- these days even EV- games are rigged and the people are greedily betting on them hoping for huge win but only leads to big losses. In the long term definitely EV+ games are a bit profitable but then it becomes an addiction and its hard to get over with. in gambling if you calculate your total losses and total wins you will find out that you are in a situation of net negative profit, or in other words you are having a loss - a loss that is a profit for the casino and that was what the casino wanted from its players.
so which one the games that have a +EV do you think? for me all gambling games are -EV no matter it is poker or sportsbetting which a lot of people think and consider it as a skill based games. any gambling games will remain as a -EV .

you can not expect a steady profit in the long run through this way.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
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.

Betting is not meant for long term. Because matter how long and expert on sports that you are betting on. It is still a game of probability since you didn't know the exact condition of all players and other factors that can affect on the game. Besides of that. Sportsbook maker is also an expert sports analyst​ so it is very hard to defeat them too.
newbie
Activity: 28
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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.
legendary
Activity: 3038
Merit: 2162
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

I still seen some player having lost in the long run even if the gambling is EV+.  This only means gambling is really random.  It is just like EV+  have more chance of winning in the long run than EV-.  Still it is the chance to win  in the calculation so I guess the result is still dependent on the internal setting of the game.

Of course you could lose in the long run in an EV+ games as well as you could probably win with some luck during your EV- games. In the end everything is related on luck so dont even bother to think about it anymore. Take the one that is going to give you the higher chance to win and you could make the best out of it

Gambling is all about luck be it EV+ or EV- these days even EV- games are rigged and the people are greedily betting on them hoping for huge win but only leads to big losses. In the long term definitely EV+ games are a bit profitable but then it becomes an addiction and its hard to get over with. in gambling if you calculate your total losses and total wins you will find out that you are in a situation of net negative profit, or in other words you are having a loss - a loss that is a profit for the casino and that was what the casino wanted from its players.

Do you have any proofs that casino games are rigged? If they are EV-, why would operators cheat, do you think they are that greedy? Most Bitcoin gambling sites feature Provably Fair system, where players can verify that every bet they made is random and wasn't tampered by any side. 
hero member
Activity: 910
Merit: 507

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.

yes you are right that gambling cannot be profitable in long term because it purely depend on luck and luck is not always on your side but only sometimes it needs skill or experience and also it is very difficult to win every time in gambling but i think if a person win a very huge amount in gambling and after that he start some another kind of business on that amount then i think it will be profitable for him in long term.
But not all gamblers do like that to start another business because most of gamblers they think that they can get more easy money on gambling. If many person think like that to do business while he/she gamble i think its not profitable for him.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
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

I still seen some player having lost in the long run even if the gambling is EV+.  This only means gambling is really random.  It is just like EV+  have more chance of winning in the long run than EV-.  Still it is the chance to win  in the calculation so I guess the result is still dependent on the internal setting of the game.

Of course you could lose in the long run in an EV+ games as well as you could probably win with some luck during your EV- games. In the end everything is related on luck so dont even bother to think about it anymore. Take the one that is going to give you the higher chance to win and you could make the best out of it

Gambling is all about luck be it EV+ or EV- these days even EV- games are rigged and the people are greedily betting on them hoping for huge win but only leads to big losses. In the long term definitely EV+ games are a bit profitable but then it becomes an addiction and its hard to get over with. in gambling if you calculate your total losses and total wins you will find out that you are in a situation of net negative profit, or in other words you are having a loss - a loss that is a profit for the casino and that was what the casino wanted from its players.
hero member
Activity: 700
Merit: 500

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.

yes you are right that gambling cannot be profitable in long term because it purely depend on luck and luck is not always on your side but only sometimes it needs skill or experience and also it is very difficult to win every time in gambling but i think if a person win a very huge amount in gambling and after that he start some another kind of business on that amount then i think it will be profitable for him in long term.
legendary
Activity: 1064
Merit: 1000
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

I still seen some player having lost in the long run even if the gambling is EV+.  This only means gambling is really random.  It is just like EV+  have more chance of winning in the long run than EV-.  Still it is the chance to win  in the calculation so I guess the result is still dependent on the internal setting of the game.

Of course you could lose in the long run in an EV+ games as well as you could probably win with some luck during your EV- games. In the end everything is related on luck so dont even bother to think about it anymore. Take the one that is going to give you the higher chance to win and you could make the best out of it
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