Can gambling be profitable in long term ? - page 84.

DarkIT

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Quote from: Mr. Big on December 23, 2016, 12:19:51 PM

Quote from: Selly Arumsari on December 23, 2016, 12:09:31 PM

Quote from: coolkiller on September 22, 2015, 05:16:01 AM

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

everything is posible , i think this is possible
gamble is game if you playing you get money
if you play every day may be you can get money everyday

Nope, very wrong mate... Wrong way to say that it gambling could give you money in the long term and doing it everyday... Just take a look at the gambling crying thread and other thread, mostly had a problem in doing excessive gambling... If you are thinking about making money, it should be taken seriously and your way should be a sure way, not just expecting that luck would come into your way...

you're right, count on it happening every day just going to make you run out of money and addiction to gambling. maybe you can win multiple times in one day, but it probably will not be repeated in the next day. if you think like that, chances are, you will lose some of the money you have. a relaxing stay in gambling is the key to victory

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Quote from: Mr. Big on December 23, 2016, 12:19:51 PM

Quote from: Selly Arumsari on December 23, 2016, 12:09:31 PM

Quote from: coolkiller on September 22, 2015, 05:16:01 AM

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

everything is posible , i think this is possible
gamble is game if you playing you get money
if you play every day may be you can get money everyday

Nope, very wrong mate... Wrong way to say that it gambling could give you money in the long term and doing it everyday... Just take a look at the gambling crying thread and other thread, mostly had a problem in doing excessive gambling... If you are thinking about making money, it should be taken seriously and your way should be a sure way, not just expecting that luck would come into your way...

As quoted by the above mate gambling is given a new definition. Gambling is profitable in the long term but every user can't experience it. The reason is that only very few users involve whole heartedly and learn how to make winning and avoid losing. This makes a sustained earning to limited users.

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Quote from: Selly Arumsari on December 23, 2016, 12:09:31 PM

Quote from: coolkiller on September 22, 2015, 05:16:01 AM

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

everything is posible , i think this is possible
gamble is game if you playing you get money
if you play every day may be you can get money everyday

Nope, very wrong mate... Wrong way to say that it gambling could give you money in the long term and doing it everyday... Just take a look at the gambling crying thread and other thread, mostly had a problem in doing excessive gambling... If you are thinking about making money, it should be taken seriously and your way should be a sure way, not just expecting that luck would come into your way...

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Quote from: coolkiller on September 22, 2015, 05:16:01 AM

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

everything is posible , i think this is possible
gamble is game if you playing you get money
if you play every day may be you can get money everyday

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Quote from: sanakhan1 on December 15, 2016, 01:07:53 AM

yes its possible , if we control our feeling and if we have good strategy , we will win .

it is not always your emotions that lead to your loss, in some cases people lose their control and obviously end up making bad decisions and lose money. but generally when you gamble specially against the house you MUST lose otherwise the house is losing and the house can not lose otherwise they go bankrupt.

that is why people mostly say gambling is not profitable in long run because in long run the statistics become more real and things like house edge show themselves more clearly and show players disadvantage.

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Quote from: sanakhan1 on December 15, 2016, 01:07:53 AM

yes its possible , if we control our feeling and if we have good strategy , we will win .

No, it is not possible, even you will have good strategy and control your feeling, gambling will not profitable in the long term.

Unless you are getting your source of income with gambling as a gambling site operator or worker, but for being a gambler.

I don't see a way that it can be a good way to be profitable for a longer time.

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Quote from: sanakhan1 on December 15, 2016, 01:07:53 AM

yes its possible , if we control our feeling and if we have good strategy , we will win .

Our weak of control our emotion is definitely what cause us to lose, with a good bankroll and the ability to select winning bets is not enough if we do not have discipline to control ourselves in gambling. It should be the kind of package that we must employ when gambling to have at least a clearer chance of winning.

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yes its possible , if we control our feeling and if we have good strategy , we will win .

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Quote from: Luke2939 on December 13, 2016, 11:45:11 AM

It depends on your luck. If you are lucky enough to hit a jack pot or something. Then you can be profitable. Else you don't.

Referring to a long term profitability, I guess it can never be profitable in the long if you rely on luck alone. Without skills it's not possible as the key to win in the long run is to be consistent on winning and you called that consistency, without effort and the right bankroll, we cannot win in the long run.

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Quote from: Luke2939 on December 13, 2016, 11:45:11 AM

It depends on your luck. If you are lucky enough to hit a jack pot or something. Then you can be profitable. Else you don't.

I agree up to a point but it also can be profitable if you consistently make profit,it doesn't need to be big but it has to be on the regular.This way you can generate nice profit over time and then continue to do the same.Of course hitting a big win will make things a lot easier but you can be in profit even if you don't win that big,just your win ratio has to be better overall.

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It depends on your luck. If you are lucky enough to hit a jack pot or something. Then you can be profitable. Else you don't.

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Quote from: Ecxz on December 13, 2016, 05:06:37 AM

In a long run it will always depends on how you play and what you are playing.It is so hard to maintain your bankroll even you win already because you will keep on playing and that's risking all of your money but at the same time, Yes it can be profitable too if you know how to play well and if luck hits you good.

I agree, it really depends on how you manage your money in gambling.. controlling yourself is really important and it also depends on a game you play and I think that sports betting is profitable because the chances of winning is high even if the amount of win is not too high but in the long term it's a good profit for you just as long as you know how to read stats and really familiar with the sports.

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In a long run it will always depends on how you play and what you are playing.It is so hard to maintain your bankroll even you win already because you will keep on playing and that's risking all of your money but at the same time, Yes it can be profitable too if you know how to play well and if luck hits you good.

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Quote from: Fireblade on December 03, 2016, 01:54:44 PM

Quote from: ice098 on December 03, 2016, 08:30:29 AM

Maybe it can to those people who are always doing gambling because for me gambling is not really that profitable in the first place, maybe, if you always win but if you are always losing then it will never be profitable no matter what. Gambling is just a game, and you are putting your money at risk. It is a trial and error because you will never know if you are going to win and lose if you will never try.

yes that is a fact that a person cannot be lucky every time and no one can win 100% bets, but it does ot mean that every one will lose in the long run, as there are so many people who are making good money from gambling and they are playing it as a profession, their average win is more that their average lost.

I disagree a little bit with this, since not many people are earning money through gambling precisely because it's very hard and only a few games can be beaten by skill games like poker and all their variations.

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Quote from: coolkiller on September 22, 2015, 05:16:01 AM

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

This is just the gamblers fallacy. You can make that much but lose more everyday xP There is no way to have gambling as a career or to live off. If you could it would be very nerve wrecking for you since you dont know what amount you will make that day and how much you need for the month. Losing it all will bring sadness.

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Quote from: epitome on December 05, 2016, 04:19:48 PM

Quote from: Wowcoin on December 05, 2016, 03:29:55 PM

I think gambling is not a profitable in long term and even in a short term. Because gambling is not good to become a habbit of some people they know that no one can get profit in gambling. Much better dont gambling to avoid greediness and addiction.

i have seen players winning more than 300 bitcoins in gambling sites and i have seen people losing more coins in the long run ,so it all depends upon how you are going to take the game and how you could control your greed.If you can do that then you will be profitable if not you wont lose more.

It depends to to the gamblers on how they are going to gamble because just like epitome said there are some gamblers who are winning hundreds of bitcoins as they gamble and there are many that gambling is not really for them. But the most individuals who are making a lot of bitcoins with gambling in the long run are the owners or operators of gambling sites.

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Quote from: Dhimas Kanjeng on November 29, 2016, 06:41:46 AM

If we only focus profit on the long term, let alone the gains was certainly we will stress, gambling is only a distraction, I will not use gambling for priority investments and moreover long term.

But gambling is not destruction but the way you play gambling is really depend that either it destruction or supportive, if you have no limit of playing gambling then it is just a destruction but if you are playing gambling with a strategy then it is okay and you can really enjoy it especially in long run.

You know, we all are play gambling only one way, and it is winning way, But in fact, we always faces that way and it is lose, So it is really difficult to say that gambling is profitable thing and especially in a long term, I am not agree on it, even every experience gambler person can't accept that gambling is a profitable way, Because it is not a business or investment, it is gambling and also it is full of risk.

In general, gambling is not profitable and the statistics speaks for itself, there are more losers than winners which makes a statement that gambling is not profitable in the long run. For some it is but for the majority of gamblers it's not. Now, we can rate ourselves now on where do we belong and it should be be base on our record if we are tracking it.

I don't think even those some people also can make money every time they gamble. Because gambling needs some luck along with your skills to win and that luck will support sometimes but if you gamble everyday then most likely will lose money. I think even expert gamblers also lose money in the longer run.

i think to expert and skillful gambler have some advantages in gambling, as not 100% games of gambling are depending on luck, there are some games where you experience and your skill can count in gambling, like sports gambling if you have some experience in sports betting you can increase the chance of making money.

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Quote from: Wowcoin on December 05, 2016, 03:29:55 PM

I think gambling is not a profitable in long term and even in a short term. Because gambling is not good to become a habbit of some people they know that no one can get profit in gambling. Much better dont gambling to avoid greediness and addiction.

i have seen players winning more than 300 bitcoins in gambling sites and i have seen people losing more coins in the long run ,so it all depends upon how you are going to take the game and how you could control your greed.If you can do that then you will be profitable if not you wont lose more.

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I think gambling is not a profitable in long term and even in a short term. Because gambling is not good to become a habbit of some people they know that no one can get profit in gambling. Much better dont gambling to avoid greediness and addiction.

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Meh.

Quote from: BitFinnese on December 04, 2016, 12:09:58 PM

Quote from: Hhampuz on December 03, 2016, 08:40:33 AM

However, there is always an edge to the house to make sure it does not go broke, but simply saying "you'll lose the longer you play" is a lie.

It is not a lie actually it is a fact, regardless of the house edge, since the game is a game of chance, the times you roll will increase both the losing and winning chance but decrease the chance to have a streak of winning. the difficulty is raised exponentially, you can apply a series of flipping a coin and the odds that it will be landing in series of same side will decrease. To the calculation, saying we flip the coin six times, the odds will be 1/2 ^ 6 which is 1/128 to have a 6 straight landing of the same side.

That may be true. However we are not basing this on whether you'll win several times in a row, we are looking at if you can gain profit in the long run.

If you've ever played casino games you'll know that you don't only win your initial bet back, you usually win at least 2-5x the amount. So, we do not have to win several bets in a row to stay in the profitzone. You see?

That is why it is not a fact that you WILL lose in the long run, because it is random. The game does not have a memory, each beat you make is made on a fresh string without attachment to the previous bet.

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