Do some gamblers actually win? - page 4.

SaShiRaJaVu

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Quote from: Saint-loup on April 17, 2020, 05:09:35 PM

It depends on which game you're playing. If you play card game like poker, you can win, even on the long run.
It's the same for sport betting, you can win if you have skills for that.

The winning percentage increases with skilled based gambling and chance based gambling depends upon your luck, for me sports gambling is the best form of gambling if you are interested in sports as the output is not determined by the sports book and they cannot determine the outcome, the rest you can have the slightest of doubt even though it depends upon random number generated as you will win in a short period but if you play longer you will loose and i am sure majority who played felt the same experience Wink

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Quote from: Saint-loup on April 17, 2020, 05:09:35 PM

It depends on which game you're playing. If you play card game like poker, you can win, even on the long run.
It's the same for sport betting, you can win if you have skills for that.

I don't think that statement is entirely true, friend. if only playing gambling like poker and sports betting can win of course everyone will only play poker and sports gambling.
since the gambling game is based on luck, so gambling addicts don't just choose the two games, they play a lot of the games they like. and with the hope that luck is on the game they play.

Zeke_23

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Yes, gamblers do win but it is very seasonal. There is only a little chance for every gambler to win and I think it depends on the game that they are playing if it is base on luck or their skills.

Quote from: BTCappu on February 17, 2020, 04:21:12 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?

Most of the time, those who are active in chat almost every day doesn't mean that they are playing every single day. They have their own reason but it is not like what you think.

And another possibility, gamblers who are active in chat are more likely to have their remaining balance on their account so that they are active.

DoublerHunter

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^ Gamblers may really win but not all a daily basis. Winners may win today but definitely they may lose on the succeeding days. Those testify that they won and earn profit from gambling probably they only won on that particular day. Nevertheless, the stories of those gamblers are also part of advertisement that will encourage everyone to join and play gumbling.

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Quote from: Saint-loup on April 17, 2020, 05:09:35 PM

Quote from: BTCappu on February 17, 2020, 04:21:12 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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When you talk on-topic, we are all fine to go. May lock after considerable discussion. Thanks for understanding.

It depends on which game you're playing. If you play card game like poker, you can win, even on the long run.
It's the same for sport betting, you can win if you have skills for that.

It seems to me that playing poker or betting on sports is very similar to trading! Where can constantly earn about 6% of traders, and the rest lose money!
Probably approximate statistics in gambling...

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Quote from: fullhdpixel on April 14, 2020, 04:53:06 PM

In my opinion, no one could win consistently yes even with skill based gambling. Because, for consistent winning you must have high level of discipline which may not be possible with an entertainment because there are plenty of chances for you to slip down somewhere when you are too excited about your entertainments.

No, to have a consistent winning you are right that it is almost impossible but the reason is wrong. The correct reason is that luck is also involved in a skill based game and that luck factor is enough to turn the tide of the game against your favor. So in the end it all seems like a dice roll does it not?

Actually sports betting and poker are games loved by many players so they bet on them and put in a lot of money there. They either do analysis on sports, learn poker and try to compete. They do win but not always. Every responsible gambler knows that and so they keep a limited amount to be spent on gambling only.

Saint-loup

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Quote from: BTCappu on February 17, 2020, 04:21:12 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.

It depends on which game you're playing. If you play card game like poker, you can win, even on the long run.
It's the same for sport betting, you can win if you have skills for that.

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Quote from: Kemarit on April 15, 2020, 04:35:46 AM

I doubt that gamblers are going to answer that question, LOL.

Often times, gamblers are going to tell you story of their success, big wins or jackpots. However, when they are on a losing spree, then will keep quite about it because after all they don't want to be identified as a loser here, actually everyone does. So it is still a personal preference, and whether they want it to admit it our not, chances are most gamblers have lost so much money in their gambling journey.

Due to the fact that it is psychologically easy to talk about your winnings and it is very difficult to talk about your defeats, beginners who read about gambling think that many players win. If they knew objective general statistics, then they would never have tried to make money in gambling since they understood that this was almost unrealistic.

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Quote from: aioc on April 17, 2020, 11:25:28 AM

Gamblers do win, even new gambler win but you cannot hear them talk their losses only their winnings, this is is to justify their gambling activity, I also do that every time I win, I tell my friends about it but kept quiet when losing, I guess it's part of defending mechanism of justifying why we gamble.

Same thoughts. In betting, the common probability is 50-50, it's either you win or lose. So obviously a gambler can win and nothing is unusual with that. People are not often to talk about winnings and losings when you're an avid gambler. Sometimes winning is not enough when your recent streak is a loss, so people don't bother to share it with others but normally people/gamblers win in gambling.

aioc

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Gamblers do win, even new gambler win but you cannot hear them talk their losses only their winnings, this is is to justify their gambling activity, I also do that every time I win, I tell my friends about it but kept quiet when losing, I guess it's part of defending mechanism of justifying why we gamble.

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Quote from: LogitechMouse on April 15, 2020, 06:30:56 AM

Gambling is a game of luck. All of the gamblers who got the jackpot are just lucky. Most of the people are losing in gambling but it can be profitable too as long as you have plans as you gamble. In the end, if you aren't lucky then you will not gain any money Cheesy

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I believe if you control your emotional and use proper plan toy can win. However mostly whenever people win a game will play with the money once again and again until they lose and leave. that's just because people are greedy and this greediness will just never stop.

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Quote from: rexxarofmoknathal on April 13, 2020, 07:06:49 PM

Just like trading, most people lose because they don't understand what they are getting into. They don't understand odds and risk management, they don't understand that the odds are likely to be against them.

This is one of the reason why people are losing but for me this isn't the main reason.

For me, people are losing because of their own attitudes. Most of the gamblers who are winning often becoming more greedy since they see that they can win more if they continue. They don't know that this is a trap for them. The problem for most of the gamblers is that, they don't have any plans if they are either winning or losing. If they win, they will still continue to gamble until they lose all of their money and if they lose some of them are going back to get their losses which is a wrong idea.

Quote from: rexxarofmoknathal on April 13, 2020, 07:06:49 PM

However, just because most lose, doesn't mean it can't be profitable. You just need to be aware that more likely than not, you're going to lose more than you win, or possibly even bankrupt yourself.

Gambling is a game of luck. All of the gamblers who got the jackpot are just lucky. Most of the people are losing in gambling but it can be profitable too as long as you have plans as you gamble. In the end, if you aren't lucky then you will not gain any money Cheesy

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Quote from: Eugenar on April 15, 2020, 02:39:20 AM

Quote from: BTCappu on February 17, 2020, 04:21:12 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.

Yes of course, there are some some gamblers became rich because of gambling and because of winning jackpot prize. Even though on a simple gambling with low odds of winning we can still win, but actually the owner of the gambling website or the casino gambling because whatever happens they will still be the winner they will still have profit especially if there are so many gamblers try thr gambling.

But I have one question if you compare your winning prize and the money you spent in gambling, do you still consider yourself that you win the prize?

I doubt that gamblers are going to answer that question, LOL.

Often times, gamblers are going to tell you story of their success, big wins or jackpots. However, when they are on a losing spree, then will keep quite about it because after all they don't want to be identified as a loser here, actually everyone does. So it is still a personal preference, and whether they want it to admit it our not, chances are most gamblers have lost so much money in their gambling journey.

Bitcoinislife09

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Quote from: BTCappu on February 17, 2020, 04:21:12 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.

Surely if you are a beginner in gambling you surely have doubts when it comes to winning since most of the time when your a newbie you will loss a lot.
Gambling is a win or lose situation. In gambling you cannot be sure if you would win or lose. The beat thing that you can do in gambling is just gamble what you can. Do dot give all your coins because if you lose you will loss everything you have. In gambling if you gamble a lot and you won you will jave a lot. But if you gamble a lot and lose you will loss a lot. You will not always win daily because gamble is a luck. If you are lucky on that specific day you may win but if not better luck next time dude. In coins you must be intelligent in making decisions in able to succeed.

Eugenar

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Quote from: BTCappu on February 17, 2020, 04:21:12 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.

Yes of course, there are some some gamblers became rich because of gambling and because of winning jackpot prize. Even though on a simple gambling with low odds of winning we can still win, but actually the owner of the gambling website or the casino gambling because whatever happens they will still be the winner they will still have profit especially if there are so many gamblers try thr gambling.

But I have one question if you compare your winning prize and the money you spent in gambling, do you still consider yourself that you win the prize?

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Quote from: fullhdpixel on April 14, 2020, 04:53:06 PM

Quote from: slackovic on April 14, 2020, 02:56:09 PM

in the long term you can't beat the house on the games based on luck. But I know few people (but only few) who manage to stay on the plus side year after year. But they gamble only on sport and play poker. They never play games based purely on luck.

How it will be possible for those few people. If there is an exception in luck based gambling that could be due to some illegal methods or due to some extraordinary super power. I agree that sportsbetting and poker are skill based gambling on-which anyone could stay profitable for year after year. But, like you mentioned on your first statement I guess it would be too difficult for anyone to be profitable in long run with luck based gambling.

I do not agree with OP. In my opinion, no one could win consistently yes even with skill based gambling. Because, for consistent winning you must have high level of discipline which may not be possible with an entertainment because there are plenty of chances for you to slip down somewhere when you are too excited about your entertainments.

Oh man, is my english really that bas that no one understand me? I said (the part in bold) that those people gamble only on sport games and play poker. So I don't understand where you read that they play luck based games?

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Quote from: rexxarofmoknathal on April 13, 2020, 07:06:49 PM

Just like trading, most people lose because they don't understand what they are getting into. They don't understand odds and risk management, they don't understand that the odds are likely to be against them.

What do you mean understand the risk and odds? I think there aren't any ways in order to predict winning in gambling, or to somehow manage to control your winnings because in gambling, what we can just do is to limit our losses by being disciplined enough in betting enough amount of our funds. Winnings on the other hand is quite hard to get.

Quote from: rexxarofmoknathal on April 13, 2020, 07:06:49 PM

However, just because most lose, doesn't mean it can't be profitable. You just need to be aware that more likely than not, you're going to lose more than you win, or possibly even bankrupt yourself.

This is probably the reason why they think that house always win in this way. But I think considering to be aware that we aren't most likely win will not benefit us any good. If we are a normal person and we know we will not win, we will probably don't have a motivation to continue what we are doing. Sometimes, we need to be always positive and think of positivity when it comes to gambling and betting, this will allow us to continue playing despite of knowing the fact that the odds of winning isn't likely.

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Quote from: TheAndy500 on April 14, 2020, 09:33:18 AM

Quote from: rexxarofmoknathal on April 13, 2020, 07:06:49 PM

Just like trading, most people lose because they don't understand what they are getting into. They don't understand odds and risk management, they don't understand that the odds are likely to be against them.

However, just because most lose, doesn't mean it can't be profitable. You just need to be aware that more likely than not, you're going to lose more than you win, or possibly even bankrupt yourself.

When it comes to games related only to luck and having a house edge, it is mathematically obvious that the longer someone plays, the more certain their loss is.
Only in games where, apart from luck, experience and knowledge that allow you to gain an advantage, can it be profitable.
That's why I think that in games related only to luck, such as, for example, slot machines or roulette, there is no possibility that they will be profitable over time. Games such as betting on sport or poker, along with growing experience and knowledge, can be profitable.

That is correct. The side which has the edge, however small it may be, will always prevail in the end. In the shorter term, it could happen that the lucky ones will get the upper hand, but we all know that luck cannot sustain. Sooner or later, it will be gone. House edge, on the other hand, remains in place.

But it does not mean that there are no winners on the players' side. I am talking about random games such as dice. Quite frankly, I am as curious as the OP why there are some who are regularly rolling that dice but keep on maintaining their net green.

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Quote from: slackovic on April 14, 2020, 02:56:09 PM

in the long term you can't beat the house on the games based on luck. But I know few people (but only few) who manage to stay on the plus side year after year. But they gamble only on sport and play poker. They never play games based purely on luck.

How it will be possible for those few people. If there is an exception in luck based gambling that could be due to some illegal methods or due to some extraordinary super power. I agree that sportsbetting and poker are skill based gambling on-which anyone could stay profitable for year after year. But, like you mentioned on your first statement I guess it would be too difficult for anyone to be profitable in long run with luck based gambling.

I do not agree with OP. In my opinion, no one could win consistently yes even with skill based gambling. Because, for consistent winning you must have high level of discipline which may not be possible with an entertainment because there are plenty of chances for you to slip down somewhere when you are too excited about your entertainments.

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Quote from: TheAndy500 on April 14, 2020, 09:33:18 AM

Quote from: rexxarofmoknathal on April 13, 2020, 07:06:49 PM

Just like trading, most people lose because they don't understand what they are getting into. They don't understand odds and risk management, they don't understand that the odds are likely to be against them.

However, just because most lose, doesn't mean it can't be profitable. You just need to be aware that more likely than not, you're going to lose more than you win, or possibly even bankrupt yourself.

When it comes to games related only to luck and having a house edge, it is mathematically obvious that the longer someone plays, the more certain their loss is.
Only in games where, apart from luck, experience and knowledge that allow you to gain an advantage, can it be profitable.
That's why I think that in games related only to luck, such as, for example, slot machines or roulette, there is no possibility that they will be profitable over time. Games such as betting on sport or poker, along with growing experience and knowledge, can be profitable.

I agree that in the long term you can't beat the house on the games based on luck. But I know few people (but only few) who manage to stay on the plus side year after year. But they gamble only on sport and play poker. They never play games based purely on luck.

Topic: Do some gamblers actually win? - page 4. (Read 1596 times)