Topic: Can i make 100 $ daily from online casinos - page 18. (Read 5933 times)

It's true what you say. Every time he succeeds in reaching his target, he will increase the number of targets to a higher profit even though he knows that reaching the target is not easy and he keeps trying. And after he succeeded in achieving it, he raised the target again and so on. And as you said, your greed got to him and made him want more wins. It would only cause him to incur losses, probably an enormous amount. In the end, he would only suffer losses and would not be able to reach his desired target.

Never be too greedy in gambling. I think if one is greedy in gambling, he will not be able to stay in gambling for long. I think we should choose gambling as fun. If one thinks that he can earn a certain amount of money by gambling every day.  He will never be able to fulfill it properly. He can lose all his money while fulfilling certain amount of money. So I think one should never get excited while gambling and take no wrong decision. There are some gamblers who gamble.

Absolutely true and I agree with your comment. although there is a guarantee in all cases, no profit can be guaranteed in trading and gambling. Because of this gambling should not be chosen as a profession and gambling should be taken as fun. and if one is planning to earn from gambling then we should keep our own passive income and then gamble part time. But no greed can be kept here and no fixed amount target can be kept, it should always be kept as a target for the profit to give up gambling for that day, be it $1 or Hughes.

Yes when a gambler profits $10 his target is $50 and when he gains that too his target is $100 and if he gains that too he continues gambling without stopping gambling until he loses all his money. this mentality of gamblers leads them to destruction instead of success. because the more a gambler wins, the more his greed increases. that's why if someone sets a target to earn $100 a day from gambling, it will not be possible for him to do so. and never having regular win in gambling is a big problem and that is why it is not possible to earn a certain amount daily from gambling.

Yeah, there simply isn't a way to consistently win against the casino. That's just standard math and probabilities.

You can for example toss a coin 10 times and it can land on face every single time, it is possible but increasingly improbable. And the next time you toss it it still has a 50-50 chance to land on tails.

Now, a casino has even worse odds for the gambler than 50-50, so it is even more improbable to win every time. It's just a rounding error out of being impossible.

What is clear is that if gamblers can actually do this, there will be many casinos that go bankrupt and close because they have to pay gamblers' winnings every day.
After all, if you can use a method that can consistently generate profits every day then there will be no gamblers who want to work or do business because they already have satisfying results from gambling.

Unfortunately all of that is just a joke and impossible to do repeatedly.
If it does work, maybe it's just because you're lucky and it's impossible to repeat it again.

And even if there was a way to get the profits the OP is looking for the person which discovered such method will keep quiet about it, since there is no point on sharing this valuable information with anyone else.

And even if we were to assume such a person at some point decided to make public that information then the casinos will modify their games so this strategy is not effective anymore, something we know for a fact it will happen as this is exactly what they did once card counting was revealed to the world.

Of course there isn't. If there was one, we'll all be doing that and nobody would work. And if there was a way to get $100/day regularly by betting, then you could just bump it up to say $1,000/day by following the same pattern but increasing stakes by x10.

But in reality, what do you think happens if you regularly bet at odds that are set to bring a profit to the betting site? Who's going to make a profit, you or the house?
To be profitable you'd either have to rely on pure luck, or you'll have to bet only when you spot an opportunity where it's you who have the mathematical edge. But by definition, such opportunities won't come very often, so they won't yield you any regular, daily income.

Maybe yes, maybe not. for sure, there are many professional gamblers who really know what they are doing. in fact, we are well aware that the risk of gambling is losing the money we risk. however, if someone says he is a professional gambler, and goes broke. apparently, they are not yet qualified to assume that they are professional gamblers. "btw, just my personal opinion" well, in sports betting, some professional gamblers that I know, especially in my country, almost every betting session they do, they win it "in this case football betting". it's just, not for every betting session they run. in other words, in gambling as intended by @mirakal, at least professional gamblers can get intense wins rather than loses.

But to do so according to the theme of the title of this thread, I think only a small percentage of gamblers can do it. even then, with a note that it is not a purely luck-based type of gambling. but the fact is, we don't know who the person who can consistently make $ 100 per day. in fact, it would be utterly impossible for me personally.

But most gamblers tend to think that they can somehow bypass their way into the system and steadily acquire winning which I feel is impossible because like you said luck is everything when its comes to gambling be it sport betting or casino games like poker and slots it all boils down to one major factor which is if you have luck on your side you will win and luck doesn't seem to smile on you on a daily basis.

Luck in gambling is an important factor, because you can be a professional poker player, but if you are unlucky with the dealing of cards, your professionalism is unlikely to help anything. When it comes to sports betting, luck is just as important, as guessing which match will be fixed is virtually unrealistic even for a professional bettor. Moreover, it is on such matches that professionals lose a lot of money.

In what I play, if I make a micro win I have learned that I am satisfied with it, there is no way I can say that I do worse because when I try to win things go wrong and I can lose what I did that day and what I had done the previous days, so this type of thing teaches me to say that at least I do when I see a profit in the casinos and in trading, well I just leave it that way, because it is preferable to have a profit than a loss, the more you add even though little is better than losing.

This is what I have simply learned, when I have made different decisions, for example I have little capital and I decide to bet hard, because in the first instance I have won, but if I continue playing like this 2 more times I end up losing everything, sometimes I have tried that kind of thing, but I have done it to test, because I have seen that many players win big, but of course it is because those players have a lot of money and they don't mind losing so much money because they know that their lives are not going away break down, because they have the stomach to lose money.

  Sometimes I have taken another action to play, I make minimum profits, then I bet a lot and I have profits, but I change the strategy and play with the minimum and if I neglect betting little, everything is lost, so everything has to do with the mastery or goals that a player wants to have in the game.

Exactly, professional gamblers use a lot of time to the extra effort in finding the right sports or right game that they can use as a channel to make some decent amount to win but even they are being called as pro they can't guarantee that they will always win against the house, still in gambling and the chance of winning is the same with the chance of losing.

I go with you. I also see that point where not to recommend or not backup anyone who thinks gambling can be a good source of earning money but instead a place where you can relax a little and enjoy.

Because luck is random, even the most astute gamblers can't guarantee a certain result. This randomness makes it hard to win consistently while gambling. Its upsetting that your buddy saw gambling as a way to make money and lost everything. Obviously, the potential harm from gambling outweighs any short-term gain from winning.

Working and trading, which are grounded in tangible skills and information, are better, more long-term options for generating revenue. It's critical that we disseminate experiences like this so that others can learn from them and avoid making the same mistakes we did. This is a serious problem that requires our immediate attention and preventative measures.

Professional gamblers generally play games that require skill rather luck and that is why they are able to make good profits. That being said not anyone can become a professional gambler as it takes a lot of effort, time, dedication, and good mathematical skills to become a pro. Games that are solely about luck cannot be considered a daily source of income. A few times luck can be helpful but more than profit you will always encounter loss with those games. These games are good if anyone is looking for pure entertainment. I would never recommend anyone to believe in gambling and think about it as an earning source.   

and sometimes RTP doesn't work as we think. especially for slot games a few weeks ago I tried to play in slot games in the short term my budget was immediately drained and it wasn't just me who felt like the RTP wasn't working and some of the members here also discussed it in other threads.
so RTP also sometimes does not guarantee the returns we will get if we remember that this is based on luck.

another example, maybe we take from a dice game with a 98% chance of winning and I enter the wrong bet amount that should be $ 10 to $ 100 and finally on the first spin my balance runs out immediately because of that 2%.
so here it is clear that there is no other way to earn daily or weekly income from gambling because it is very impossible except in sports betting and maybe if you are not lucky you will also lose.

Thanks for informing us. I always thought that professional gamblers are ones that are very rich - so my brain automatically calculated that they won that money through gambling. I guess this is common misconception. I guess at least half of those rich professional gamblers were already rich as result of successful businesses or money passed through granddad/father. They are lucky ones for sure. Its pretty normal if they try gambling as a fun way in their life. Trying to make 100 dollar a day consistently cant be easy.

I'm sure getting daily income is difficult at gambling, let alone making it a source of income, it's obviously very difficult, even if it's done by professionals, no one is really rich and has great success at gambling, all of them will experience defeat from time to time, so it's never recommended to make gambling as a place to make a living.

Working and trading are the right solutions to get a source of income let alone make a living, in the past I also had a friend who thought that gambling could be a steady income for him it turned out that for the first week he got lucky winning streak after that he suffered a big defeat because of greed so all his money and assets his family's property sold out only to make up for his previous losses and make up the money he had lost before. but never came back again. he became a frustrated and poor man now.

In fact it is possible for gamblers to win against the casino if luck is really on their side because nothing can stop luck but in the long run it is the casino that wins.
The gambler actually has the opportunity to become a winner when he is lucky, but because of greed and too big ambition, the gambler's winnings are taken back by the house edge and worse, they can lose more than their previous winnings.

Casinos were founded for the purpose of doing business, so we must be able to accept and realize that casinos will always be winners in any form.

The percentage of this type of gambler is over 80%, I guess. I was the same type of gambler at the time. But I realized that the house always wins in the long run. So, I decided to play with only a small amount and for fun. It's not possible to make a profit every time someone gamble. Casinos make money from their house edge. Some of them even trick players with promotions.

Casinos have the advantage of the house edge, which players don't have. In most slots, RTP is less than 96%. So, players already losing 4% from their bets in the long run. Nobody knows if you will hit a big win in slots or other games. That's why there is a saying; play with the money that you can afford to lose.