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Topic: Can gambling be profitable in long term ? - page 96. (Read 112258 times)

hero member
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November 12, 2016, 12:22:56 AM
The answer to that is, it depends, for most people long term earnings are simply unattainable either because they don’t care since they are playing for fun or because they are playing games that cannot be beaten, for a minority, less than 1%, there is a chance to make money in games like poker or sports betting.

It always depends on the people who the aim is to have a long term earnings in gambling even its simple unattainable and either they lose or win they always have extra profit last afternoon they ain't playing for just fun only in my case i alread seeing people who can really make good profit everyday.
hero member
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November 12, 2016, 12:11:08 AM
From my opinion gambling is not kind of investment it's game of luck so there is no doubt if anybody think he can take some benefit in long term than it will regret it. Even in sports betting where we can boost our luck with good analysis but nobody can give you grantee about the match result. Than it has no doubt gambling is not to play for long term.
Yes, people need to understand that gambling sites are running in profit not just for fun but because they have a proper management and think tank who know that people will always loose in gambling.

So, if you think you can win in gambling in long term then you might be mistaken, because gambling sites in fact search for such people who are desperate to win.
Gambling sites will have fun when they have more profit and we also think of that way, we want to enjoy the game and at the same time to make money. However, we do not own the site and we do not create the rules so the favor is always on them as we will remain losers.

Yeah i think so as well. For players, i don't think gambling would be profitable be it long term or short term. You enjoy the moment while you're gambling and then just hope for good luck. It's not going to give you any guarantee that there would be steady winnings. The ones benefitting most would be operators and site owners and i think this thread would mostly apply to them as they will definitely be earning from this in thw long run
hero member
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November 11, 2016, 11:53:17 PM
It is profitable in long term if you bet on sports and not dice games because dice games if pure luck . You will be an experienced bettor if you choose to bet always in sports you can be an analyst because you have to depend on statistics rather than choosing randomly.
It can be profitable in those kind of games but only if you have the necessary skills and discipline in order to succeed and not in games like craps or roulette which are pure luck based.

those games are also hard and no matter how much skills you have you still are going to lack some more skills and experience. and in the end no matter what type of game you are playing they all come down to one factor and that is "luck" which no amount of skill can change it.
hero member
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November 11, 2016, 11:24:55 PM
From my opinion gambling is not kind of investment it's game of luck so there is no doubt if anybody think he can take some benefit in long term than it will regret it. Even in sports betting where we can boost our luck with good analysis but nobody can give you grantee about the match result. Than it has no doubt gambling is not to play for long term.
Yes, people need to understand that gambling sites are running in profit not just for fun but because they have a proper management and think tank who know that people will always loose in gambling.

So, if you think you can win in gambling in long term then you might be mistaken, because gambling sites in fact search for such people who are desperate to win.
Gambling sites will have fun when they have more profit and we also think of that way, we want to enjoy the game and at the same time to make money. However, we do not own the site and we do not create the rules so the favor is always on them as we will remain losers.
legendary
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November 11, 2016, 10:51:54 PM
From my opinion gambling is not kind of investment it's game of luck so there is no doubt if anybody think he can take some benefit in long term than it will regret it. Even in sports betting where we can boost our luck with good analysis but nobody can give you grantee about the match result. Than it has no doubt gambling is not to play for long term.
Yes, people need to understand that gambling sites are running in profit not just for fun but because they have a proper management and think tank who know that people will always loose in gambling.

So, if you think you can win in gambling in long term then you might be mistaken, because gambling sites in fact search for such people who are desperate to win.
hero member
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I am terrible at Fantasy Football!!!
November 11, 2016, 03:36:52 PM
It is profitable in long term if you bet on sports and not dice games because dice games if pure luck . You will be an experienced bettor if you choose to bet always in sports you can be an analyst because you have to depend on statistics rather than choosing randomly.
It can be profitable in those kind of games but only if you have the necessary skills and discipline in order to succeed and not in games like craps or roulette which are pure luck based.
hero member
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November 11, 2016, 12:44:32 PM
I dont think soo  that  gambling  would   be profitable  for  long term. but  i do  hear  about   some  professional gambler  could able to handle   and  making   gambling  as   a  profitable  activity but they are doing  sport betting and  poker which seems  its possible   because  those games are basing on experience and strategies but   when you play gambling   like dice and  slots  i dont  think its possible.
to me bitcoin can be profitable in long term but not for every one, for those people who play gambling in a limit and having good experience in gambling they can get profit from gambling.
Indeed.. but if you use your bitcoin to do gambling.. definitely you will lose in the long run. Not like investing your btc via trading although there's always a risk but still you can still make a profit from it.
hero member
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November 11, 2016, 11:17:53 AM
I dont think soo  that  gambling  would   be profitable  for  long term. but  i do  hear  about   some  professional gambler  could able to handle   and  making   gambling  as   a  profitable  activity but they are doing  sport betting and  poker which seems  its possible   because  those games are basing on experience and strategies but   when you play gambling   like dice and  slots  i dont  think its possible.
to me bitcoin can be profitable in long term but not for every one, for those people who play gambling in a limit and having good experience in gambling they can get profit from gambling.
hero member
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November 11, 2016, 11:06:21 AM
I dont think soo  that  gambling  would   be profitable  for  long term. but  i do  hear  about   some  professional gambler  could able to handle   and  making   gambling  as   a  profitable  activity but they are doing  sport betting and  poker which seems  its possible   because  those games are basing on experience and strategies but   when you play gambling   like dice and  slots  i dont  think its possible.
Well yeah if you're the one playing, i don't think it would ever be profitable at all even if you're skilled in some gambling games. Better to invest in your own gambling site or casino because there, you're sure to profit eventually
hero member
Activity: 2464
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November 11, 2016, 10:42:10 AM
It is profitable in long term if you bet on sports and not dice games because dice games if pure luck . You will be an experienced bettor if you choose to bet always in sports you can be an analyst because you have to depend on statistics rather than choosing randomly.
I agree, choose gambling that uses skills and play smart then you will have a chance to make profit in the long run than other form of gambling like dice game which have only a very low chances of winnings cause it depends on luck and luck is very rare indeed.
sr. member
Activity: 434
Merit: 250
November 11, 2016, 09:45:59 AM
It is profitable in long term if you bet on sports and not dice games because dice games if pure luck . You will be an experienced bettor if you choose to bet always in sports you can be an analyst because you have to depend on statistics rather than choosing randomly.
legendary
Activity: 3122
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November 11, 2016, 09:13:04 AM
I dont think soo  that  gambling  would   be profitable  for  long term. but  i do  hear  about   some  professional gambler  could able to handle   and  making   gambling  as   a  profitable  activity but they are doing  sport betting and  poker which seems  its possible   because  those games are basing on experience and strategies but   when you play gambling   like dice and  slots  i dont  think its possible.
legendary
Activity: 3038
Merit: 1169
November 11, 2016, 08:57:33 AM
From my opinion gambling is not kind of investment it's game of luck so there is no doubt if anybody think he can take some benefit in long term than it will regret it. Even in sports betting where we can boost our luck with good analysis but nobody can give you grantee about the match result. Than it has no doubt gambling is not to play for long term.

Yup! you can really never take a long time in playing gambling it is a game of randomness and luck and there is no guaranteed winning even not in long term game, it is base on luck alone, you can never really tell if you could possibly can get a profit out from gambling alone a man should get a job and work hard if he would want a sure income!
hero member
Activity: 728
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November 11, 2016, 08:17:01 AM
From my opinion gambling is not kind of investment it's game of luck so there is no doubt if anybody think he can take some benefit in long term than it will regret it. Even in sports betting where we can boost our luck with good analysis but nobody can give you grantee about the match result. Than it has no doubt gambling is not to play for long term.
hero member
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November 11, 2016, 07:14:46 AM
I always believe that gambling is not profitable in the long run cause the games are meant to take money from you so the owner, casino owner can make money from it. Otherwise why would they have casino in the first place.

It is profitable for those people who are already in that industry for a lot of years already. But for those people who are just new with it.

Then it is not going to be profitable and most of the people who are making big profits with gambling in long term are the investors and owners of gambling sites.

Very few people who are simply lucky that make it profitable in the long term.

We cannot say that gambling could be profitable in the long run base on the duration that we are on gambling or how long are we dealing with gambling . I don't see any difference between the person who spent a lot his time from gambling and the person who is new to gamblimg although they have different experience and time spent on gambling they still have the chances to make it profitable because we all know that even you have enough knowledge and skill you are still depending on your luck .
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 10, 2016, 03:59:13 PM
If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
making of 50-100$ just by gambling is not a simple task . It is a very tedious task because i think in long gambling we will loss all the capital , so we need to bet with our bitcoin with bulk amount of bitcoin in very less time .
Forget about the tediousness, that is not the biggest hurdle, the real problem is that earning that amount is really difficult even if you had a good bankroll because you will have the house edge against you.

If we talk about $50-$100 per day it is possible. We have usually around 49% chance to win this amount when we bet $50-$100 on black or red in roulette. We just need a bit of luck, but it will happen only few times.  Grin Winning in long run is impossible just because of house edge.
Only if we take poker and sports betting, where skills (in my opinion) are more important then luck, our chances are growing with time and our experience. So if anyone think about long run playing, i will choose poker or sports betting. Only with this games is possible to win in long term.
But we are talking about the profitability of gambling long term, if you bet 100 dollars for 100 days and you win 49 times and you lost 51 at the end of the 100 day period you would have lost 200 dollars, so its not profitable, so please people gamble for fun.
hero member
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Merit: 500
November 10, 2016, 12:13:25 PM
I always believe that gambling is not profitable in the long run cause the games are meant to take money from you so the owner, casino owner can make money from it. Otherwise why would they have casino in the first place.

Yeah, i also agree, gambling is not profitable for specially in a long run way, If we win in gambling than we consider ourself that we are Luck, so that's why we win in gambling, Because winning value is very valuable in gambling, on one can win every time, So how can it possible that gambling always give us winning amount and in a long run way? Not a talk, i also don't believe on it.
But I can say sometime gambling helpful for us but only in a short time.   
hero member
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November 10, 2016, 09:11:14 AM
Sorry to burst your bubble but anyone who's doing autobetting will never have profits in the long run. You'll eventually stumble into that inevitable streak loss that will take all of your money away including your profits. Gambling is based on luck and the ones that are possible to have profits in the long term are those that are actually betting. Those that do manually betting have that slight chance since everything in their way depends in luck and not some strategy.

well for me it's the same with autobetting and manual betting. the odds would still be the same. gambling cannot be profitable in the long run unless you're  actually the one running the gambling site or casino. then your profits are steady until you retire.
legendary
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November 10, 2016, 09:02:41 AM
Sorry to burst your bubble but anyone who's doing autobetting will never have profits in the long run. You'll eventually stumble into that inevitable streak loss that will take all of your money away including your profits. Gambling is based on luck and the ones that are possible to have profits in the long term are those that are actually betting. Those that do manually betting have that slight chance since everything in their way depends in luck and not some strategy.
How about basing on skills as well. It should be both if you really want to win in the long run, you should have a system and you must stick to that all the time, once you rage in gambling, everything will be ruin and your bankroll will be easy wipe out for sure.
hero member
Activity: 588
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November 10, 2016, 08:16:55 AM
Sorry to burst your bubble but anyone who's doing autobetting will never have profits in the long run. You'll eventually stumble into that inevitable streak loss that will take all of your money away including your profits. Gambling is based on luck and the ones that are possible to have profits in the long term are those that are actually betting. Those that do manually betting have that slight chance since everything in their way depends in luck and not some strategy.
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