Can gambling be profitable in long term ? - page 88.

noictib

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Quote from: michkima on December 01, 2016, 01:43:59 AM

I think no. Unless you are investing in the casino or the house and also when you just gamble with faucets since you get free money. Gambling with your money will only be profitable if you aim in the short run, however the risks are very high since this is gambling. If you want to earn in the long-term I suggest you invest in the house.

You are right , Not only a particular factor that is given by you but also there is the big reason , which is house edge profit ( that is probably made by the site script which cannot be cross by the user).
So we can't make this much amount of Profit only by gambling .

michkima

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I think no. Unless you are investing in the casino or the house and also when you just gamble with faucets since you get free money. Gambling with your money will only be profitable if you aim in the short run, however the risks are very high since this is gambling. If you want to earn in the long-term I suggest you invest in the house.

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Quote from: Ziskinberg on November 30, 2016, 08:47:53 PM

Quote from: emberbekas on November 30, 2016, 11:01:09 AM

Quote from: butcherboss on November 29, 2016, 02:40:01 AM

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

It's not only the house edge that are killing us in gambling but one factor also is our weaknesses in managing our emotion, it's the biggest traitor of all time and will lead us to be greedy. The moment we win we are happy but when we think their more to win and we do not want to stop, it's the human nature of being greedy that prevent us from stopping until we lose.

Not realy we can win at the short term, On gambling we talking about "strategy / Lucky / goal" . Are you sure talking about greedy's big point we lost on gambling ? Even you have won then just briefly got lost money, this not talking about "Greedy" cause on play we need big point's lucky on gambling.

You are greedy if you keep pushing your luck in gambling, luck can come anytime with a surprise and it can give us a little excitement maybe thinking we are unbeatable but since the math of our chances will play, we will still lose in the long run and that not a surprise for every gambler. We will be dealt with that due to greediness.

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Quote from: Ziskinberg on November 30, 2016, 08:47:53 PM

Quote from: emberbekas on November 30, 2016, 11:01:09 AM

Quote from: butcherboss on November 29, 2016, 02:40:01 AM

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

It's not only the house edge that are killing us in gambling but one factor also is our weaknesses in managing our emotion, it's the biggest traitor of all time and will lead us to be greedy. The moment we win we are happy but when we think their more to win and we do not want to stop, it's the human nature of being greedy that prevent us from stopping until we lose.

That's why greediness will lead us into our falling and I've been there and I can say that it also deceived me thinking that gambling will be the best way of getting some decent profit. And this is how I think either that gambling will be a profitable thing for long term but it seems that it is not applicable for those ordinary gamblers.

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Quote from: MinerHQ on November 30, 2016, 10:16:36 PM

Quote from: EdenHazard on November 30, 2016, 08:56:08 PM

Quote from: emberbekas on November 30, 2016, 11:01:09 AM

Quote from: butcherboss on November 29, 2016, 02:40:01 AM

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

people just don't know how to manage their money in gambling because in the long term this skill to manage money really important to keep your profit in line , not crossed the target and so on.

without having skill to manage money , gambling will always ended up negative .

I don't agree that just with money management skill one can be in profit in the long term in gambling. Because these skills can help maximum to reduce your losses in the long run but no guaranty that it can bring you profits. You just gamble with a small amount to try your luck and to enjoy these games and remember not to gamble every day.

Me either, because it will consists by a lot of ways to make gambling as a profitable activity in long term. And if you think it is applicable it is insufficient.

It can help you to have chance of winning or having some good profit with gambling but it will never result to be profitable in the end.

Because this is just applicable to those owners, operators and also to the investors but for gamblers, no.

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Quote from: EdenHazard on November 30, 2016, 08:56:08 PM

Quote from: emberbekas on November 30, 2016, 11:01:09 AM

Quote from: butcherboss on November 29, 2016, 02:40:01 AM

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

people just don't know how to manage their money in gambling because in the long term this skill to manage money really important to keep your profit in line , not crossed the target and so on.

without having skill to manage money , gambling will always ended up negative .

I don't agree that just with money management skill one can be in profit in the long term in gambling. Because these skills can help maximum to reduce your losses in the long run but no guaranty that it can bring you profits. You just gamble with a small amount to try your luck and to enjoy these games and remember not to gamble every day.

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Quote from: EdenHazard on November 30, 2016, 08:56:08 PM

Quote from: emberbekas on November 30, 2016, 11:01:09 AM

Quote from: butcherboss on November 29, 2016, 02:40:01 AM

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

people just don't know how to manage their money in gambling because in the long term this skill to manage money really important to keep your profit in line , not crossed the target and so on.

without having skill to manage money , gambling will always ended up negative .

Money management skills are important but if you don't have any skill the most it can do for you is to help you avoid losing everything to the casino since money managements skills by themselves don't help you win more bets.

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Quote from: emberbekas on November 30, 2016, 11:01:09 AM

Quote from: butcherboss on November 29, 2016, 02:40:01 AM

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

people just don't know how to manage their money in gambling because in the long term this skill to manage money really important to keep your profit in line , not crossed the target and so on.

without having skill to manage money , gambling will always ended up negative .

Ziskinberg

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Quote from: emberbekas on November 30, 2016, 11:01:09 AM

Quote from: butcherboss on November 29, 2016, 02:40:01 AM

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

It's not only the house edge that are killing us in gambling but one factor also is our weaknesses in managing our emotion, it's the biggest traitor of all time and will lead us to be greedy. The moment we win we are happy but when we think their more to win and we do not want to stop, it's the human nature of being greedy that prevent us from stopping until we lose.

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Quote from: serjent05 on November 30, 2016, 10:51:42 AM

Quote from: marcuslong on November 30, 2016, 10:37:45 AM

Quote from: tabas on November 23, 2016, 06:34:26 PM

Quote from: marcuslong on November 23, 2016, 10:25:05 AM

Yes i just played for 15 hours straight and i made some good profit in the end if you are going to think and always revise your strategies make sure that you are not greedy when you are loosing too much gambling is need patience and don't it to be rush gambling can really be a profitable in a long term of playing.

That's good to know that you have made some good profit out of that 15 hours straight and it made productive to you. And your advise is helpful, because many greed people thinking that gambling is really a profitable activity in the long run which is somehow true but that depends on how they will take it. Because out of that aim makes them more greedy which fall into not profitable so they usually say that it is just profitable for short term.

Just focus in game and never think negative effect in gambling,most of gamblers nowadays are really greedy and we can't please them they have own strategies somehow the more they play greed the more they turn gambling into profitable, Im not really do this kind of risk since then.

It can be profitable if they are the owner of the casino. I really don't think gambling will profit us in the long term. Remember when you are betting there is always someone to have an edge. Like for example in dice / coin flip, in this game, you will lose in the long run. The reason is that you are always betting on a 50-50 chance (though in most cases it is way lower) and were always paid less than double your money on each bet, just think of this scenario if you play in a long run, your balance will be sucked up because of the fee you are paying.

Just like what marcuslong said, focus and don't think about negative effects as you gamble. But this can't be avoided easily for each time we gamble the rich is always there. And there is no doubt that the owners are the ones who are most benefiting with gambling in the long run, especially when they have their very own gamblers.

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Quote from: butcherboss on November 29, 2016, 02:40:01 AM

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

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Quote from: marcuslong on November 30, 2016, 10:37:45 AM

Quote from: tabas on November 23, 2016, 06:34:26 PM

Quote from: marcuslong on November 23, 2016, 10:25:05 AM

Yes i just played for 15 hours straight and i made some good profit in the end if you are going to think and always revise your strategies make sure that you are not greedy when you are loosing too much gambling is need patience and don't it to be rush gambling can really be a profitable in a long term of playing.

That's good to know that you have made some good profit out of that 15 hours straight and it made productive to you. And your advise is helpful, because many greed people thinking that gambling is really a profitable activity in the long run which is somehow true but that depends on how they will take it. Because out of that aim makes them more greedy which fall into not profitable so they usually say that it is just profitable for short term.

Just focus in game and never think negative effect in gambling,most of gamblers nowadays are really greedy and we can't please them they have own strategies somehow the more they play greed the more they turn gambling into profitable, Im not really do this kind of risk since then.

It can be profitable if they are the owner of the casino. I really don't think gambling will profit us in the long term. Remember when you are betting there is always someone to have an edge. Like for example in dice / coin flip, in this game, you will lose in the long run. The reason is that you are always betting on a 50-50 chance (though in most cases it is way lower) and were always paid less than double your money on each bet, just think of this scenario if you play in a long run, your balance will be sucked up because of the fee you are paying.

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Quote from: tabas on November 23, 2016, 06:34:26 PM

Quote from: marcuslong on November 23, 2016, 10:25:05 AM

Yes i just played for 15 hours straight and i made some good profit in the end if you are going to think and always revise your strategies make sure that you are not greedy when you are loosing too much gambling is need patience and don't it to be rush gambling can really be a profitable in a long term of playing.

That's good to know that you have made some good profit out of that 15 hours straight and it made productive to you. And your advise is helpful, because many greed people thinking that gambling is really a profitable activity in the long run which is somehow true but that depends on how they will take it. Because out of that aim makes them more greedy which fall into not profitable so they usually say that it is just profitable for short term.

Just focus in game and never think negative effect in gambling,most of gamblers nowadays are really greedy and we can't please them they have own strategies somehow the more they play greed the more they turn gambling into profitable, Im not really do this kind of risk since then.

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Quote from: mrcash02 on November 30, 2016, 10:01:19 AM

Quote from: roadbits on November 30, 2016, 09:36:04 AM

Quote from: Liang_Kubur on November 30, 2016, 05:24:06 AM

If we want long-term fortunes by gambling, of course this is a matter of capital. the greater the capital we certainly could benefit in the long run. This we can see that the large companies able to survive the gambling and always profitable in their financial reports.

With the high capital, we can make a profit, this will help us not to stop our play when we are in loss. But this will not help us to make long run win. In slot games I am not sure with high capital can make a profit or not. But in sports betting if we have enough money we can make a huge profit. It depends on our sports knowledge.

I tried this sports betting and didn't make profit. I joined a site which gives free coins to bet, started with 13.000 coins, two days after I were with 4000 coins. I choosed the favorite teams to win the games and lost anyway. I'm not sure it will work too...

Sometimes uncommon things happen on sport games as in the Dice game or any other gambling games.

That's a lesson learned for you, because in sports betting not just because your favorite team is playing, you will trust and bet to them.

It requires analysis and some study for their recent games and as well as history of the team, that is a plus for you.

This is not new to those people who are already in sports betting for a longer time.

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Quote from: roadbits on November 30, 2016, 09:36:04 AM

Quote from: Liang_Kubur on November 30, 2016, 05:24:06 AM

If we want long-term fortunes by gambling, of course this is a matter of capital. the greater the capital we certainly could benefit in the long run. This we can see that the large companies able to survive the gambling and always profitable in their financial reports.

With the high capital, we can make a profit, this will help us not to stop our play when we are in loss. But this will not help us to make long run win. In slot games I am not sure with high capital can make a profit or not. But in sports betting if we have enough money we can make a huge profit. It depends on our sports knowledge.

I tried this sports betting and didn't make profit. I joined a site which gives free coins to bet, started with 13.000 coins, two days after I were with 4000 coins. I choosed the favorite teams to win the games and lost anyway. I'm not sure it will work too...

Sometimes uncommon things happen on sport games as in the Dice game or any other gambling games.

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Quote from: ArdiPrabowo on November 30, 2016, 01:59:59 AM

very posible you can constant profit in longterm

I don't think this is a very possible thing for a normal player that has nothing to do but to gamble all day, we all know that it cannot be profitable in the long run.

Quote from: ArdiPrabowo on November 30, 2016, 01:59:59 AM

but in playing you must use strategy and analys

Yes, in able to make some good profit in the long run with gambling you must have some plans to follow and you must apply what you have planned.

Quote from: ArdiPrabowo on November 30, 2016, 01:59:59 AM

without match analys if you win only lucky and very dificult to constant profit

That's why it is very impossible for a normal player to make gambling as a profitable in the long run.

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Quote from: Liang_Kubur on November 30, 2016, 05:24:06 AM

If we want long-term fortunes by gambling, of course this is a matter of capital. the greater the capital we certainly could benefit in the long run. This we can see that the large companies able to survive the gambling and always profitable in their financial reports.

With the high capital, we can make a profit, this will help us not to stop our play when we are in loss. But this will not help us to make long run win. In slot games I am not sure with high capital can make a profit or not. But in sports betting if we have enough money we can make a huge profit. It depends on our sports knowledge.

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If we want long-term fortunes by gambling, of course this is a matter of capital. the greater the capital we certainly could benefit in the long run. This we can see that the large companies able to survive the gambling and always profitable in their financial reports.

ArdiPrabowo

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very posible you can constant profit in longterm
but in playing you must use strategy and analys
without match analys if you win only lucky and very dificult to constant profit

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Quote from: RealPhotoshoper on November 29, 2016, 01:04:12 AM

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Quote from: mrcash02 on November 27, 2016, 04:05:49 PM

Quote from: raphma on November 27, 2016, 01:47:48 PM

i'm a "the house always win" adopter.
i dont see it being profitable, yet, i do it as a hobby.

i do it for fun, not for profit. i'm sure there are a few successful gamblers even in the long term but definitely isn't easy.

If the house always win, make profit being at house's side, investing on their bankroll. It's not a lot of profit promises, but it's the only way to make profit on long term with gambling. You can play for fun and make some easy profit income at same time.

It takes only one person to come with a huge bankroll and have a little bit of luck and take away all the website's bankroll.. it happens pretty often in gambling, and if you're that unlucky to be exactly on that website.. your investment will be over sooner than you might have planned. Gambling isn't profitable in a long term and investing isn't either, in my honest opinion.

I disagree, investing can be profitable in the long term especially if you are going to hold a lot of bitcoins in your cold storage and this has been proven by those early bitcoin adopters. And gambling is a fact that can't be profitable in the long term and the only one that will say this are the owners or operators of gambling sites.

That's why investing in bankroll casino's are good to consider that can be profitable in the long run. But you are not gambling literally, but you are letting the gambling site work for your investments, but this is also risky because there are some people who are becoming lucky enough and hitting the jackpot for sometime.

Basically the only side that always provided profit almost sure in gambling is the casino owner yeaa.
And mathematically the investors will get profit too , so this is an obvious for casino investor to get profit than to gamble it by yourself.
The number of lucky player hit the jackpot and make casino bankroll drained is so low , dont worry.

Investors can get some too but that depends on the profit of the whole gambling site and yes, the most who are profiting with gambling are the owners. It can be hard for a normal gambler to make gambling as a profitable activity in the long term unless he is that too skilled and he has been working with gambling as his career for a long time.

Topic: Can gambling be profitable in long term ? - page 88. (Read 112258 times)