Topic: Can gambling be profitable in long term ? - page 63. (Read 112258 times)

Quote from: raven7886 on May 12, 2017, 11:12:25 AM

Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

Remember that gambling can't give us $50 to $100 per day, even you use 10 BTC. I am not just saying that i have been seen and also it is my experience of gambling. May be i am wrong but my whole experience of gambling lose is must we get and if we win than it is not guarantee we always win in everyday, than our skills and strategy also not worked.

I think that here the long term mean that to continue gambling for a long time.

Maybe you remain as lucky in short term, for a bet or to, but if you will invest your money for long term or you wll continue playing gambling for the whole day then it is more risky and there are chances to lose your money because no one can be so much lucky for every time .

Yes, long term is when you continue gambling for a long time, but what happens is that the luck of the gambler can make this long term faster or longer. For some people the long term comes faster than for others. So, it's not a rule like: if you play for 90 minutes you are safe, you won't lose money... It's unpredictable and playing few minutes per day isn't a guarentee too, doing it everyday is risky and at some point you will take a big loss streak and lose all your money.

gambling has no time frame. it is just pure luck. also depends on your experience. maybe on the long term if you learn some strategies and patterns maybe you may maximize your profit on gambling.

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Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

Remember that gambling can't give us $50 to $100 per day, even you use 10 BTC. I am not just saying that i have been seen and also it is my experience of gambling. May be i am wrong but my whole experience of gambling lose is must we get and if we win than it is not guarantee we always win in everyday, than our skills and strategy also not worked.

I think that here the long term mean that to continue gambling for a long time.

Maybe you remain as lucky in short term, for a bet or to, but if you will invest your money for long term or you wll continue playing gambling for the whole day then it is more risky and there are chances to lose your money because no one can be so much lucky for every time .

Yes, long term is when you continue gambling for a long time, but what happens is that the luck of the gambler can make this long term faster or longer. For some people the long term comes faster than for others. So, it's not a rule like: if you play for 90 minutes you are safe, you won't lose money... It's unpredictable and playing few minutes per day isn't a guarentee too, doing it everyday is risky and at some point you will take a big loss streak and lose all your money.

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Quote from: kpcian on May 11, 2017, 05:33:32 AM

Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

Remember that gambling can't give us $50 to $100 per day, even you use 10 BTC. I am not just saying that i have been seen and also it is my experience of gambling. May be i am wrong but my whole experience of gambling lose is must we get and if we win than it is not guarantee we always win in everyday, than our skills and strategy also not worked.

I think that here the long term mean that to continue gambling for a long time.

Maybe you remain as lucky in short term, for a bet or to, but if you will invest your money for long term or you wll continue playing gambling for the whole day then it is more risky and there are chances to lose your money because no one can be so much lucky for every time .

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I don't agree with you on this point.
Gambling can't be a long term profitable source, it's just bringing you some entertainment with money. So it's called paid entertainment.
It needs money to get involved here. Pay some money and get entertained, nothing else.

you are right, it was only supposed to be an activity for entertainment purposes but people nowadays are seeing it as a way to profit that they are almost spending all of their money just to take a chance . it is indeed that gambling can't be a profitable source of income as there are no assurance that you can actually make money with gambling easily .

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Quote from: shintosai on May 12, 2017, 09:06:56 AM

Quote from: yrreg ger on May 12, 2017, 08:46:19 AM

Player or owner of casino have no good infuence to every one, at the end gamblings give a big problem especially in our family. In a long time we play or spent our time in gambling, we have no enough time for our family and this one is the reason why they have a broken family. Instead of playing and playing gambling we find ourselves for non-sense thing like gambling.

Even when we always win, time comes that our winnings come back in zero.

its impossible though to keep winning even you know the drill chances of losing are still big, I'm not sure but that's why its call gambling
anyway, learn to know how to take advantage and keep in mind that luck is not always at your side so better to quit while you have some
earnings from your bankroll.

That is right, everyone knows that gambling cannot be profitable, even with just a short term, you are losing a lot of money, what else might happen in the long run? You might win, but that rarely happens, right? You lose everytime, and whenever you plan to get back your money, you are not realizing that you are losing.

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Quote from: yrreg ger on May 12, 2017, 08:46:19 AM

Player or owner of casino have no good infuence to every one, at the end gamblings give a big problem especially in our family. In a long time we play or spent our time in gambling, we have no enough time for our family and this one is the reason why they have a broken family. Instead of playing and playing gambling we find ourselves for non-sense thing like gambling.

Even when we always win, time comes that our winnings come back in zero.

its impossible though to keep winning even you know the drill chances of losing are still big, I'm not sure but that's why its call gambling
anyway, learn to know how to take advantage and keep in mind that luck is not always at your side so better to quit while you have some
earnings from your bankroll.

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Player or owner of casino have no good infuence to every one, at the end gamblings give a big problem especially in our family. In a long time we play or spent our time in gambling, we have no enough time for our family and this one is the reason why they have a broken family. Instead of playing and playing gambling we find ourselves for non-sense thing like gambling.

Even when we always win, time comes that our winnings come back in zero.

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Quote from: Humanxlemming on May 10, 2017, 01:03:49 AM

Quote from: coolkiller on September 22, 2015, 04:16:01 AM

Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

Remember that gambling can't give us $50 to $100 per day, even you use 10 BTC. I am not just saying that i have been seen and also it is my experience of gambling. May be i am wrong but my whole experience of gambling lose is must we get and if we win than it is not guarantee we always win in everyday, than our skills and strategy also not worked.

Yeah gambling wont bring us everyday money even if you use a big bankroll because casino have 1% house edge that can eat all your bankroll within just a minutes. Also like if you have some 5BTC bankroll it can have some chance to lose it all because gambling create to win the hiuse and not us

I think that in some formats of gambling you remain as a fresh player for every time, because in such formats you totally depend on your luck and not on your experience, for example in slots games and in slides game and even in lottery you totally depend on your luck so if you are luck then you will certainly show good result in gambling for that time but if you are not lucky for very next time you will lose, therefore in some games we totally depend on our luck.

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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

It depends it can be profitable in a long run if you be able to use the money that you won in a good way lile putting up a business, saving it in a bank or investing it into a something that will profit you a lot however if you are a gambler who doesn't mind to lose everything there is no way that gambling can be profitable to you.

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Quote from: hurain on May 11, 2017, 06:40:51 AM

Quote from: ethereumhunter on November 06, 2016, 03:51:33 AM

Quote from: mrkevio on November 05, 2016, 05:38:16 PM

Quote from: skyway1 on November 05, 2016, 03:30:25 PM

i think gambling is not profitable for long term because lose of your money is the main part of any gambling and i think anyone can not get a big profit from gambling so gambling can not be profitable.

Gambling is profitable for the lucky, chosen ones. There are rich people who got money only out of gambling.. they only needed the luck that we've got in everything else. Maybe we will be able to conduct a business that will work even better than gambling.

no matter in long term or short term as long as that person is lucky guy then when he playing gambling, that person is always get win. and this is the important thing when we want to make gambling as profitable for the long term.

yes that is right to say that luck is one of the most important factor of our life. if a person is lucky then you do not need for any experience or skill you can every make good profit without have these things in hands.

In real life, the more we create and find opportunities, the more we get lucky. However in gambling, it is not always the case. You just need to be lucky and that is it. But if you are really want to win big and do it in a calculated manner, be a professional gambler - it is hard though!

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Quote from: ethereumhunter on November 06, 2016, 03:51:33 AM

Quote from: mrkevio on November 05, 2016, 05:38:16 PM

Quote from: skyway1 on November 05, 2016, 03:30:25 PM

i think gambling is not profitable for long term because lose of your money is the main part of any gambling and i think anyone can not get a big profit from gambling so gambling can not be profitable.

Gambling is profitable for the lucky, chosen ones. There are rich people who got money only out of gambling.. they only needed the luck that we've got in everything else. Maybe we will be able to conduct a business that will work even better than gambling.

no matter in long term or short term as long as that person is lucky guy then when he playing gambling, that person is always get win. and this is the important thing when we want to make gambling as profitable for the long term.

yes that is right to say that luck is one of the most important factor of our life. if a person is lucky then you do not need for any experience or skill you can every make good profit without have these things in hands.

kpcian

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I don't agree with you on this point.
Gambling can't be a long term profitable source, it's just bringing you some entertainment with money. So it's called paid entertainment.
It needs money to get involved here. Pay some money and get entertained, nothing else.

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Quote from: iqlimasyadiqa on May 11, 2017, 05:23:38 AM

Quote from: SvenBomvolen on May 11, 2017, 04:15:14 AM

Quote from: iqlimasyadiqa on May 11, 2017, 05:23:38 AM

Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

If the game your are playing does not require skills like poker, and you are playing against the casino, you will eventually lose due to the house edge advantage. I agree, better play only with the money that you can afford to lose and only for entertainment.

Yes, we all know what way of play would be better, but the problem of addiction is still stays actual. I gamble on poker almost everyday, who knows how much I lost on this already.

That is the factor that is very difficult to remove. Even if we lose and lose a lot of money then we will keep playing continuously. This is a very bad addiction. There must be strong self-control to get over it. Gambling can be profitable when we are always lucky. While if only rely on skill then we must surrender to all the results achieved.

Actually there is no real profit in gambling since we know that there is no definite thing that we either gain or lose because we are talking about luck and chances. Even you take it for moderation, gambling can endanger your entire income hence gambling should be considered only as an entertainment rather than a way to make profit. When you gamble, as you said, gamble what you are ready to lose and enjoy the rest. Some usually gambles just for fun without thinking of profits because they know that no one can really know whether they will win or not so might as well just enjoy and don't worry too much and besides there are other way to make profit which is more stable and risky. Gambling only drains your money like a water in the sink but at some time you may be lucky enough to hit the jackpot! If you're thinking about profit then take gambling out to your profitable way of earning some Bitcoin or money.

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Quote from: SvenBomvolen on May 11, 2017, 04:15:14 AM

Quote from: SvenBomvolen on May 11, 2017, 04:15:14 AM

Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

If the game your are playing does not require skills like poker, and you are playing against the casino, you will eventually lose due to the house edge advantage. I agree, better play only with the money that you can afford to lose and only for entertainment.

Yes, we all know what way of play would be better, but the problem of addiction is still stays actual. I gamble on poker almost everyday, who knows how much I lost on this already.

That is the factor that is very difficult to remove. Even if we lose and lose a lot of money then we will keep playing continuously. This is a very bad addiction. There must be strong self-control to get over it. Gambling can be profitable when we are always lucky. While if only rely on skill then we must surrender to all the results achieved.

Making money on playing poker is possible but would really depend on your skills but when addiction hits you then you would really do the things that aren't right already which is losing soo much money and you do still play it no matter what.There are some players could able to maintain making money but just for experienced and skill based games on some card games.This is possible but really hard to achieve.

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Quote from: SvenBomvolen on May 11, 2017, 04:15:14 AM

Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

If the game your are playing does not require skills like poker, and you are playing against the casino, you will eventually lose due to the house edge advantage. I agree, better play only with the money that you can afford to lose and only for entertainment.

Yes, we all know what way of play would be better, but the problem of addiction is still stays actual. I gamble on poker almost everyday, who knows how much I lost on this already.

That is the factor that is very difficult to remove. Even if we lose and lose a lot of money then we will keep playing continuously. This is a very bad addiction. There must be strong self-control to get over it. Gambling can be profitable when we are always lucky. While if only rely on skill then we must surrender to all the results achieved.

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Quote from: SvenBomvolen on May 11, 2017, 04:15:14 AM

Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

If the game your are playing does not require skills like poker, and you are playing against the casino, you will eventually lose due to the house edge advantage. I agree, better play only with the money that you can afford to lose and only for entertainment.

Yes, we all know what way of play would be better, but the problem of addiction is still stays actual. I gamble on poker almost everyday, who knows how much I lost on this already.

Does this mean you are admitting that you are already addicted in gambling? I hope I am wrong though. Well, it is true when we are playing regularly, we never track how much we had lost but all we know is that we roll and play. Though it is said that it is best to track our gambling performance and statistics to be able to know if we need to change strategy or move to another games, since we losing to much in a certain game means we are performing badly on it.

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Gambling can be profitable in the long run, provided we are not greedy or seek greater benefits than we have get. Profit 1%/day are better than 100% but only once.

How let's say you deposit 1 btc to gamble and don't win anything so you can't call the person greedy in this case.
Basic rule of gambling and it applies to anyone who gambles 'Deposit only the amount you can afford to lose' if you follow this rule you will either not gamble or if you lose you may not have any regret (hopefully)

If the game your are playing does not require skills like poker, and you are playing against the casino, you will eventually lose due to the house edge advantage. I agree, better play only with the money that you can afford to lose and only for entertainment.

Yes, we all know what way of play would be better, but the problem of addiction is still stays actual. I gamble on poker almost everyday, who knows how much I lost on this already.

I'm playing poker regularly, But I don't experience on this game since it requires skills and I play with person only. Playing poker against casino is suicide. I always think that casino knows everything even my cards that's why i always avoid playing against them. I'm not afraid on house because it is just a small percentage of the bet.

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