Do some gamblers actually win? - page 10.

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Quote from: maydna on February 18, 2020, 08:49:17 PM

Quote from: XCANA on February 18, 2020, 03:54:03 PM

am okay with my gamble winnings, never be too greedy to gamble for money, ensure you have a limit against addiction.

That is what gamblers need to accept. Never be too greedy means if we can win some money, we need to know when to stop and save the money, and not continue playing gambling because we don't know if in the next round we can win or not. It's better to keep the money in our account and withdraw while we can than to play some more. Limiting money and time will prevent addiction because we can stop at the right time, and we know that gambling can make addiction to us.

Once we win in gambling we need to stop for a moment to hold the money so as not to get caught up again in the gambling game because if we win then play gambling again then I think defeat will await him there sometimes we are frustrated what we do and only regret it is better to stop after winning a gamble.
I have experienced this before but now I realize that it is all just lust that wants to continue playing without thinking about the risk of its defeat.

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If you manage to track the stats of a particular gambler on a dice platform or any platform in general for a more extended period of time, it's generally true that these players will lose money over time due to house edge. Some people do end up winning but generally only in the short term because things eventually level out in favor of the house, and also because people typically don't always gamble a set amount of money every time for an extended period of time. You can do risk management as much as you want, but mathematically you're destined to eventually lose.

This applies most clearly to games like dice where the outcome is entirely luck.

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Quote from: maydna on February 18, 2020, 08:49:17 PM

Quote from: XCANA on February 18, 2020, 03:54:03 PM

am okay with my gamble winnings, never be too greedy to gamble for money, ensure you have a limit against addiction.

That is what gamblers need to accept. Never be too greedy means if we can win some money, we need to know when to stop and save the money, and not continue playing gambling because we don't know if in the next round we can win or not.

but that is easy said that done right?because when we are in gambling table our mindset is to take a winning and not enough just for smaller specially when we are seeing too much money on the table.
unless we are indeed having mindset before sitting on the table so we have direction to follow.

Quote from: maydna on February 18, 2020, 08:49:17 PM

It's better to keep the money in our account and withdraw while we can than to play some more. Limiting money and time will prevent addiction because we can stop at the right time, and we know that gambling can make addiction to us.

well this is Online Gambling i guess because real money attracts more than online,imagine you are winning and the money is in our front?the desire to add more is there because it is too tempting.

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Quote from: XCANA on February 18, 2020, 03:54:03 PM

am okay with my gamble winnings, never be too greedy to gamble for money, ensure you have a limit against addiction.

That is what gamblers need to accept. Never be too greedy means if we can win some money, we need to know when to stop and save the money, and not continue playing gambling because we don't know if in the next round we can win or not. It's better to keep the money in our account and withdraw while we can than to play some more. Limiting money and time will prevent addiction because we can stop at the right time, and we know that gambling can make addiction to us.

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Quote from: BTCappu on February 17, 2020, 03:21:12 AM

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?

You just think that these active gamblers always manage profits because they are always in chat but in reality, most of them lose in their respective sessions and just stay active in the chatbox to somehow calm the situation or end their bad streak. Once they think it's over, they will come back again for another round and so on.

These gamblers already gained a good experience doing gambling for a long-time that's why managing their respective funds is the thing now that they can handle properly without too much difficulty. The reason why they remain active in the long-run of playing.

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Quote from: BTCappu on February 17, 2020, 03:21:12 AM

We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.

But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?

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It's an interesting point but what stats are you talking about? If there are no tricks to cheat in the dice game you are talking about, people can't beat the house edge in the majority of cases. Only few people can stay positive in the long run, the most lucky ones.

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Quote from: pakhitheboss on February 18, 2020, 02:29:39 PM

Quote from: BTCappu on February 17, 2020, 03:21:12 AM

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I have won few times but, the ratio to win and lose will always be 5:1. Where if I have lost 5 times I have also won 1 time. It also does not mean it happens every day, the ratio does change on some odd day but overall the house always wins.

Actually, the house win but never mean that the house wins all the time while we gamble. Am a full-time gambler and will opening say this; most of winnings are done with strategies, having a strategy will surely give a win and not a lost as some assumed. Although i gamble on dice and my play doesn't accedes x20 and am okay with my gamble winnings, never be too greedy to gamble for money, ensure you have a limit against addiction.

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I gamble on dice games these days and you know that it is the most dangerous and quick way to win or lose your entire capital and even more. I win a lot but sometimes lose due to that greed, greed that stops me from withdrawing or stopping the game there and come back another day. I feel like, no, I need more BTC now and my luck is doing good so why not play more? I lose everything if I keep that mindset during gambling. The best thing that I consider being a gambler is, you need to know about your mistakes and keep a track of all of them, so you will not repeat them again in your future.

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Quote from: BTCappu on February 17, 2020, 03:21:12 AM

We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.

But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?

Self-moderation policy:
When you talk on-topic, we are all fine to go. May lock after considerable discussion. Thanks for understanding.

I have won few times but, the ratio to win and lose will always be 5:1. Where if I have lost 5 times I have also won 1 time. It also does not mean it happens every day, the ratio does change on some odd day but overall the house always wins.

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Yes, some gamblers do actually win but the ration is really very steep. Although the favor is in the house's court most of the time, but still, that is why it is called gambling - anything can happen. For example I take part in 10 gambles in a week and invest 10 bucks in total and lose 9 of them and by chance win 12 bucks in one gamble. So that will inspire me to gamble more whereas 50 more people like me are losing those 9 gambles which is a big profit for the house. Roll Eyes

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Gamblers can win, but only a few of them. (Whatever game it is, it's all just the same)

It is still possible to win against the gambling house because we can't call it fair if there is no gambler who can win. But the thing is, most of the time, gamblers lose to the house.

About the stats of winnings of those people that you see in live chats, it is real but it is only the amount of money they win, the amount of money they lose is always not included or not being shown to the public.

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Depends on the game but more often than not the gamblers do not win all that much, even the people who have won a lot of money from gambling has actually managed to lose all of it back while spending a lot of money during the process, just to give an example there was a poker player who said he won over 10 million dollars and then lost it all but he claims he has spent close to 2 million dollars during the process and that means he didn't "lost it all back" he just lost the ones heh as left. That kind of "win" happens all the time, I don't know if that is win or lose deal because in the end dude is left with zero but at least he has a good amount of period of time in his life that he lived like rich and that kinda means that is good enough for some people.

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I think they are after all why would they keep on coming back if they are only losing all of the time?
Most of the old gamblers could have manage to do it before and I think there are some who still manage to win most of the time.
A gambling site would run out of gamblers if no one is winning on their site.

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You should expect the chat to be misleading if there is no way to prove the claims. This doesn't mean that people don't win though. Winning reasonable amount of money shouldn't happen too often. And the numbers of big winners should be small.

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Quote from: stadus on February 18, 2020, 02:33:24 AM

Quote from: michellee on February 18, 2020, 02:22:33 AM

Quote from: kayvie on February 18, 2020, 12:21:33 AM

Of course, there are actually gamblers who can win,
Especially when it comes to games like dice or lottery. This games are more on luck that is why the chances to win is very minimal. And those who can win always can be considered as really lucky or maybe they have some sort of strategy that they used to consecutively win in games.

Some people prefer to hide their winning stories from other people and keep winning for themselves. If we can know how many of them win, maybe there are not many people who win the money. In the dice gambling game itself, many people who lose their money without they realize how big money they already spend, so they still chasing the win money. But yes, the gamblers win in many gambling games.

There's no need to verify how many who wins because the obvious answer is there are more losers than winners and just like a business simple logic, when income is higher than your expenses, you'll end up profitable, that's the status of most dice gambling sites that's why they are still operating until now.

Indeed!

It already proves out that the house always wins or this business is profitable due to this reason.If they werent winning in the end then we wont see lots of them.
Its indeed a simple logic or to think that there are indeed lots of losers to compensate to those who do win money while they do play gambling.
The true essence on playing gambling is to get entertainment but people goes far way beyond to that motive and messing their own lives because of it.

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Quote from: Saisher on February 17, 2020, 11:49:37 AM

Quote from: Ulven on February 17, 2020, 11:40:39 AM

Yes, the stats can be real for most trusted gambling sites!!!It can be false to fraudulent gambling sites.You can win if you are lucky and in a reliable place, Gambling venues are created to make a lot of money, not to provide assistance to those in need Grin

But if you think of the ratio between those who wins on luck and those who lose you can see a big difference in favor of those who lose, my wild guess is for every 8 losers there are two winners, house edge and the administrator will not allow majority of their gambler to win, if that happens they are very close to bankcruptsy.

i think the ratio is too low,for me it is 2 out of 10 who wins and lose,and this is what my experience tells me .
i had been into gambling for more than 2 decades and what i learn is i only win 2x in every 10 games and sometimes it is worst than that so the thing is more chances of losing compared to winning.

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Quote from: 20kevin20 on February 17, 2020, 07:11:30 AM

Is there a popular belief saying that all players lose in the long run? You do lose as soon as you don't accept the fact that you've won and turn greedy.

Yes, since the house edge is always there, and since it's working against a player, many people (at least here, on this forum) argue that everyone will lose in the long run. They do have a point to some extent, because most people will definitely lose in the long run, and not because they are greedy or anything, but because of the math: you have more chances of losing than that of winning because of the house edge. And if you think that, with a good self-control, you can always withdraw after winning a certain percentage of your balance, and thus stay in profit continuously ... well, it can happen, but only because of luck, not because your strategy is so good. And you should always remember that in a dice game, regardless of your strategy, you are more likely to lose.

In short, people don't lose because they are greedy, and they don't win because they have great self-control, or whatever. All of that happens because of luck and luck only.

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Quote from: bearexin on February 17, 2020, 10:55:19 AM

Well, I can tell you how that happens basically some people are smart and they make make profits and they actually don't gamble big enough to loose that initially gained profit stats. For example I win 0.01 bitcoins and now I can make sure I don't gamble higher than 0.001 BTC at all so this means I can never go in negative stats and another reason I have seen is some people love to have winning stats and they chat all day but won't gamble just to manage their stats as it is and if they feel like gambling they can make a new account and gamble there.

Creating a new account just to save your positive stats from an older account doesnt make sense though. It would just lead to multi accounting since most gambling sites are so strict in creating a new account.

Quote from: michellee on February 18, 2020, 02:22:33 AM

Some people prefer to hide their winning stories from other people and keep winning for themselves. If we can know how many of them win, maybe there are not many people who win the money. In the dice gambling game itself, many people who lose their money without they realize how big money they already spend, so they still chasing the win money. But yes, the gamblers win in many gambling games.

People don't like to share their wins because it could put themselves at risk and apart from those people winning some of them have probably lost their winnings on another casino.

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Quote from: michellee on February 18, 2020, 02:22:33 AM

Quote from: kayvie on February 18, 2020, 12:21:33 AM

Of course, there are actually gamblers who can win,
Especially when it comes to games like dice or lottery. This games are more on luck that is why the chances to win is very minimal. And those who can win always can be considered as really lucky or maybe they have some sort of strategy that they used to consecutively win in games.

Some people prefer to hide their winning stories from other people and keep winning for themselves. If we can know how many of them win, maybe there are not many people who win the money. In the dice gambling game itself, many people who lose their money without they realize how big money they already spend, so they still chasing the win money. But yes, the gamblers win in many gambling games.

There's no need to verify how many who wins because the obvious answer is there are more losers than winners and just like a business simple logic, when income is higher than your expenses, you'll end up profitable, that's the status of most dice gambling sites that's why they are still operating until now.

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Quote from: kayvie on February 18, 2020, 12:21:33 AM

Of course, there are actually gamblers who can win,
Especially when it comes to games like dice or lottery. This games are more on luck that is why the chances to win is very minimal. And those who can win always can be considered as really lucky or maybe they have some sort of strategy that they used to consecutively win in games.

Some people prefer to hide their winning stories from other people and keep winning for themselves. If we can know how many of them win, maybe there are not many people who win the money. In the dice gambling game itself, many people who lose their money without they realize how big money they already spend, so they still chasing the win money. But yes, the gamblers win in many gambling games.

Topic: Do some gamblers actually win? - page 10. (Read 1602 times)