Do some gamblers actually win? - page 6.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: jhonjhon on April 11, 2020, 07:13:41 PM

Quote from: joshy23 on April 11, 2020, 06:27:36 PM

Quote from: quality.crypto on April 10, 2020, 02:57:39 AM

Quote from: Ronaldcoin2017 on April 10, 2020, 01:47:03 AM

snip~

You are right, few people are very lucky to make money while gambling, there are some people who keep on loosing their money in gambling, even though they try different approaches, but they fail to make through gambling, if we are not continuously not making money through gambling better we need to shift to other things to make money.

Gamblers wanted to win using different strategy that came out from their minds, they wanted to keep trying their luck using those approach thinking that day will come and they will win but afterwards once luck showed up greed follow, most of the time instead of quitting with a win the other things happened.

Then they end up losing. This is to clearly understand that luck isn't with us all the time. That is why being a gambler we need to control ourselves and not being control by our emotions and greediness. This will be a reason why we suffer losses instead of winning but we let this thing happen because of being greedy.

Greed is part of human nature but not all does really have a good control of this behavior and this is the main reason why gambling
industry is so successful or becomes vast due to people that have the same motive from time to time when they do gamble.They becoming
out of control when it comes to finances and spend money all that they can until they go broke or wreck out their lives into the fullest.
Of course there would be winners but mostly are losers in the end of the game.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

Free Bitcoins Every Hour!

Quote from: joshy23 on April 11, 2020, 06:27:36 PM

Gamblers wanted to win using different strategy that came out from their minds,

But they sometimes don't know that most gambling games have no effective strategy to win and they are all about luck. Actually, we need to be smart gamblers, don't gamble blindly and just play with the confidence only. Please learn and read more everything about gambling games that we are playing, then you know what you must do with them. If they are just luck-based games, don't think too much of strategy and don't stupid to force your luck there. Cheesy

jhonjhon

full member

Activity: 1316

Merit: 126

Quote from: joshy23 on April 11, 2020, 06:27:36 PM

Quote from: quality.crypto on April 10, 2020, 02:57:39 AM

Quote from: Ronaldcoin2017 on April 10, 2020, 01:47:03 AM

snip~

You are right, few people are very lucky to make money while gambling, there are some people who keep on loosing their money in gambling, even though they try different approaches, but they fail to make through gambling, if we are not continuously not making money through gambling better we need to shift to other things to make money.

Gamblers wanted to win using different strategy that came out from their minds, they wanted to keep trying their luck using those approach thinking that day will come and they will win but afterwards once luck showed up greed follow, most of the time instead of quitting with a win the other things happened.

Then they end up losing. This is to clearly understand that luck isn't with us all the time. That is why being a gambler we need to control ourselves and not being control by our emotions and greediness. This will be a reason why we suffer losses instead of winning but we let this thing happen because of being greedy.

joshy23

sr. member

Activity: 1078

Merit: 256

Quote from: quality.crypto on April 10, 2020, 02:57:39 AM

Quote from: Ronaldcoin2017 on April 10, 2020, 01:47:03 AM

Some gamblers really win i believe that if we don't stop gambling we can really win on it some people really didn't have luck on gambling and they always lose. Sometime we need to be more pratical if we are not lucky on gambling we can still have some many options to choose to earn a huge amount of profit.

You are right, few people are very lucky to make money while gambling, there are some people who keep on loosing their money in gambling, even though they try different approaches, but they fail to make through gambling, if we are not continuously not making money through gambling better we need to shift to other things to make money.

Gamblers wanted to win using different strategy that came out from their minds, they wanted to keep trying their luck using those approach thinking that day will come and they will win but afterwards once luck showed up greed follow, most of the time instead of quitting with a win the other things happened.

KTChampions

legendary

Activity: 2464

Merit: 1943

Leading Crypto Sports Betting & Casino Platform

Quote from: DarkDays on April 09, 2020, 11:07:13 AM

Well I wouldn't say it's as extreme as that. Based on pure statistics just under half of people should walk away as winners.

Assuming a casino has a house edge of 2%, this means that 48% of people walk away winners assuming they only bet once. However, most people bet more than once, hence this multiplier is applied to each successive bet, which means they gradually lose more and more money.

This is exactly why more casinos will do what they can to ensure players wager multiple times, rather than just a large one and done bet.

I think there is no difference between taking 2% of a large rate or 2% of a lot of small ones. But it’s very difficult to convince people to make one big bet. It is much easier to convince them to make many small bets. All sorts of bonuses, rakebacks, free spins, etc. are aimed at this.

quality.crypto

member

Activity: 854

Merit: 10

Quote from: Ronaldcoin2017 on April 10, 2020, 01:47:03 AM

Some gamblers really win i believe that if we don't stop gambling we can really win on it some people really didn't have luck on gambling and they always lose. Sometime we need to be more pratical if we are not lucky on gambling we can still have some many options to choose to earn a huge amount of profit.

You are right, few people are very lucky to make money while gambling, there are some people who keep on loosing their money in gambling, even though they try different approaches, but they fail to make through gambling, if we are not continuously not making money through gambling better we need to shift to other things to make money.

Ronaldcoin2017

sr. member

Activity: 1148

Merit: 300

Some gamblers really win i believe that if we don't stop gambling we can really win on it some people really didn't have luck on gambling and they always lose. Sometime we need to be more pratical if we are not lucky on gambling we can still have some many options to choose to earn a huge amount of profit.

Becky666

full member

Activity: 756

Merit: 231

Quote from: skiorf on April 07, 2020, 06:24:04 PM

Quote from: Becky666 on April 07, 2020, 06:12:18 AM

Personally, I love gamble because I choose to keep myself busy and entertain. Frankly speaking, winning in gambling though difficult but when get it right you win definitely.

I'm not sure, even if you gamble in the right way in the end you will also lose, gambling is no strategy that really gives a victory except when you play together with luck. in my opinion the level of winning ratio between gamblers and bookie is 30% -70%.

Well, you may be right but luck wouldn't come to those who have not even a single strategy in gambling, this has been a fact and not just Fancy. We shouldn't portray some unverified proofs about gambling, gambling actually can come through luck but that doesn't mean without strategy your luck will shine Rather. Although, the house always win but with some good strategy as a gambler you can strike the winning button

DarkDays

legendary

Activity: 2030

Merit: 1189

Quote from: JoMarrah Iarim Dan on April 09, 2020, 08:38:41 AM

I know someone who actually win but I only seen this on tv and I think this kind of game only exist in my country. (But I am not really sure of that). Well, I just want to share this video from one of the famous TV show.
Video url of the winner : https://youtu.be/H_jILsnmo5Q
So some gamblers actually win ? Yes. But luck is not for all so let us not assume that we can won easily on gambling. It is still risky after all.

Well I wouldn't say it's as extreme as that. Based on pure statistics just under half of people should walk away as winners.

Assuming a casino has a house edge of 2%, this means that 48% of people walk away winners assuming they only bet once. However, most people bet more than once, hence this multiplier is applied to each successive bet, which means they gradually lose more and more money.

This is exactly why more casinos will do what they can to ensure players wager multiple times, rather than just a large one and done bet.

AicecreaME

sr. member

Activity: 2394

Merit: 454

Quote from: Lucasgabd on April 08, 2020, 07:02:09 AM

Quote from: The Cryptovator on February 17, 2020, 04:35:02 AM

Yes, some gamblers win of course. Otherwise no one will join any gambling sites whatever it dice or something else. Even on a corrupted gambling sites, some gamblers should win in oder to bring more new gamblers. But I believe house always winner averagely, otherwise they won't pay from their pocket always. If you always lost fund on a gambling site will you stay there ? I don't think so, so sometimes you will win as well. Those people are chatting they all are not fakes in my opinions. There is some decent sites called probably fair.

definitely, in some sites the information is verifiable and there's also the lindy effect for gambling sites (even for them!)
so some people may win at random but of course the house will always have their edge.

the point is that the house can't pay more rewards than they earn with other gamblers losing their bets.

It is not gambling anymore if no one is winning on it, it should be called capitalism, where the owner of the business always after so much huge profits where it forgot to share something on its client, which are gamblers.

I agree on the fact that they need to let us win even if it is just sometimes or when we're not expecting it, otherwise it would be boring, it will turn out to be a low-key stealing money on their clients, which is bad to their reputation and business if they wanted a long term business as well as profits.

JoMarrah Iarim Dan

sr. member

Activity: 644

Merit: 252

I know someone who actually win but I only seen this on tv and I think this kind of game only exist in my country. (But I am not really sure of that). Well, I just want to share this video from one of the famous TV show.
Video url of the winner : https://youtu.be/H_jILsnmo5Q
So some gamblers actually win ? Yes. But luck is not for all so let us not assume that we can won easily on gambling. It is still risky after all.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: seleme on April 08, 2020, 06:57:54 PM

That is why everyone suggests gambling when you feel boring or emotionally drained with money management.

As long as he can manage his money and control his emotion on gambling, that will be okay, and he can play anytime he wants. But most people will lose that thing if they play too long and they cannot remember that things will be gone if they still playing gambling. We should realize that losing money is something that we can get in gambling, but if we are lucky, we can win some cash. So you need to leave when you think it is enough to play gambling.

Degens

copper member

Activity: 146

Merit: 2

I work for Degens betting exchange and 36% of our customers are long term winners. Betting exchanges have a higher win rate because punters can choose their own odds. IE) They will get +110 on coin flips, whereas a sportsbook user gets -110.

I'd suspect the amount of winners at sportsbooks to be in the 7% range as it's extremely difficult to beat the vig in the long run.

Kong Hey Pakboy

member

Activity: 1120

Merit: 68

Gamblers do actually win and earn a huge profit from playing gambling. The only reason why gamblers lose a lot of money in gambling because they are pushing themselves to earn huge profit again and become so greedy that they think they could win in their next bet. So it is better to control yourself and to stop playing if you are experience a lose streak because you may get back all of your losses next time.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: seleme on April 08, 2020, 06:57:54 PM

Quote from: KTChampions on April 08, 2020, 05:58:39 PM

Obviously, most gamblers over a long distance will have a negative balance (losses). But some of them will be in plus even after thousands of bets. This is explained purely mathematically: out of a million players, someone (purely by accident) makes an almost always successful bet.

Those who suffer from gambling addiction will understand your arguments and will agree with the mentioned points. House edge melts the risk/reward ratio and beating the house edge is impossible. Every possibility is calculated statistically, long term gambling is not fun, it is called gambling addiction. That is why everyone suggests gambling when you feel boring or emotionally drained with money management.

If you do earn for profits then expect for that kind of behavior because people do seek entertainment wont mind if they do loss or not as long they do able to get the fun the do seek.
Of course there are gamblers that do actually win but we know the ratio of losers is high compared to it.Money making is what most people do target of thats why in the end of the day
most of them or majority being wrecked up by the house and this is why gambling industry is profitable due to this kind of behavior of most people.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: KTChampions on April 08, 2020, 05:58:39 PM

Obviously, most gamblers over a long distance will have a negative balance (losses). But some of them will be in plus even after thousands of bets. This is explained purely mathematically: out of a million players, someone (purely by accident) makes an almost always successful bet.

Those who suffer from gambling addiction will understand your arguments and will agree with the mentioned points. House edge melts the risk/reward ratio and beating the house edge is impossible. Every possibility is calculated statistically, long term gambling is not fun, it is called gambling addiction. That is why everyone suggests gambling when you feel boring or emotionally drained with money management.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

Whatever gambling is against the house at least we cannot do it continuously or I mean, we must be able to realize the right time to continue betting or stop immediately and at least that is the experience I have experienced, it is also part of the way we manage victory or keep funds or capital still good because then at least we have good control so that we will be able to realize the time to continue or stop, when the results are bad in the initial roll several times then at least we will try the roll again in a few hours later and that is a control that we must realize in gambling against house.

KTChampions

legendary

Activity: 2464

Merit: 1943

Leading Crypto Sports Betting & Casino Platform

Obviously, most gamblers over a long distance will have a negative balance (losses). But some of them will be in plus even after thousands of bets. This is explained purely mathematically: out of a million players, someone (purely by accident) makes an almost always successful bet.

BlackMambaPH

hero member

Activity: 1022

Merit: 509

AXIE INFINITY IS THE BEST!

Recently I suffer an addiction to gambling (Because of this fucking quarantine). So this kind of question also comes to my mind then my mind answers me "No, they will just ruin your life". I gambling to look for enjoyment but what happens to me is the opposite of what I'm looking for.

romero121

legendary

Activity: 3234

Merit: 1214

casinosblockchain.io

Lots and lots of professional gamblers experience good winning, but the success can be defined based on the winning that is carried forward. Very few have a good track record of continued winning, while majority experience win and further loss everything within a very short time period.

The mistake or the lack of understanding about gambling results in loss. Every gamblers could've won atleast once, but for the same everyone isn't a winning gambler.

Topic: Do some gamblers actually win? - page 6. (Read 1596 times)