Does hard work in gambling count? - page 19.

hulla

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Quote from: doomistake on August 29, 2018, 03:44:30 PM

Quote from: onrise on August 24, 2018, 08:36:22 AM

Quote from: Taki on August 24, 2018, 07:20:53 AM

When I just began to play online poker and slot games I was looking for strategies to improve my results, even watched learning videos on YouTube. I tried couple of the most popular strategies, but it didn't bring me any success, probably in a long term it would, but I gave up fast seeing that I'm loosing. So, for now I play on my senses only and just for fun, to kill some of my free time with bottle of cold beer.

I hope you are not playing for money in gambling and just for fun and to entertain yourself you do the gambling. Because if you start playing as a income source than you are stuck and high chances of you getting addicted to it increases which is not what you would want it.

Most of the gamblers are playing gambling for money, who doesn't like easy profits. The only problem is that others mistook it for a source of income for their daily needs, and the results are very much the same, they are all ended up in addiction. Everyone are obsessed about profits in gambling, they are experimenting what they needed to do just to win in gambling, and most of the time they failed.

Hard work---seems inappropriate to be apply on gambling, it is like you are hard working on losing your money, that is the meaning of that.

In some cases hard work is bad for gamblers because it could also lead to an addiction and we can't base our gambling on guess either cause we're talking about something which money is involve. Meanwhile, the only solution to this scenario balancing it csuse a gambler need to know himself totally if he could handle his feelings or if been hard work would lead to his addiction.

This is why I prefer sport betting cause all I have to do is predict the game base on the team previous record, preparation and dedication.

STT

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Quote

Regarding the story when MIT Students had managed to win $8 Million in a Lottery we must understand that that happened not because they were smart and hardworking but rather because the providers of the Massachusetts’ Cash WinFall were retards. In this particular lottery if the main prizes were unclaimed for a certain period of time, there was a round when they were distributed into lower prize pools, and thus by buying big amounts of tickets for that particular round it was possible to win the money spent by players in the previous rounds. As far as I know nothing like that ever happened since.

Still seems to me they could have lost money if especially unlucky. However because the prizes were being distributed across many multiple winners, thats how the strategy became a calculable risk and worth doing. Very unlikely not to return a profit to them I guess. Roll over is common in many lotteries but its always given to the riskiest least distributed section of prize winners.

The biggest win for the lottery operators is when people dont collect prizes or lose tickets. Sometimes that might go to charity but often I think its the company who effectively wins at that point

Hard work idea is most relevant to sports betting and possibly Poker players I think. It can relate to some statistical work as well

onrise

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Quote from: btctalk4life on August 30, 2018, 12:19:33 AM

Quote from: quality.crypto on August 29, 2018, 11:40:09 PM

I never think that hard work will work because we have seen many gambling even though they research very nicely but couldn't manage to make successful in it. Sometimes it makes us lose a lot of money, gambling is completely based on luck and finding the right game to win.

Yeah, to be honest gambling is mostly because of luck. Hard work is not that affect much on gambling. Maybe it will works on gambling type like poker, but it will not works on casino and sportsbook.

Hardwork is not required only in gambling if i understand it. It is your strategy or experience that can count while playing some games or rest of the games are luck based where you can close your eyes and select it and if you are luck you win or lose it.

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Quote from: quality.crypto on August 29, 2018, 11:40:09 PM

I never think that hard work will work because we have seen many gambling even though they research very nicely but couldn't manage to make successful in it. Sometimes it makes us lose a lot of money, gambling is completely based on luck and finding the right game to win.

Yeah, to be honest gambling is mostly because of luck. Hard work is not that affect much on gambling. Maybe it will works on gambling type like poker, but it will not works on casino and sportsbook.

quality.crypto

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I never think that hard work will work because we have seen many gambling even though they research very nicely but couldn't manage to make successful in it. Sometimes it makes us lose a lot of money, gambling is completely based on luck and finding the right game to win.

sunsilk

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Quote from: Finestream on August 29, 2018, 06:11:34 PM

Quote from: sunsilk on August 28, 2018, 05:48:24 AM

Quote from: Saveplus on August 25, 2018, 07:27:54 PM

Hard work is not for gambling,it is when you are lucky to play on gambling and you win.Hard work is for trading and you patiently waiting for your profit to come.

Things that you can do for gambling such as hard work can be defined there. There are gamblers who have been working hard just to think of it that they will become successful with it. I'm not against with them but they have to realize that putting too much effort and working hard in gambling will only give you random results.

Working hard can help you reap in the future but if they think that's going to be enough for them, it's up to them to decide. Hard work for the casino owners can be worth taking but to the gamblers, it can be worth to take a shot but for most it isn't.

I think hard work does not really count in gambling because i believe when it comes to gambling,pure luck is what we all need to have.They say practice makes perfect but in gambling,even how many times you keep on playing for it,if its not your lucky day,i think you will still have chances losing in the end.

It counts or it doesn't that depends on the result as per gambler. I won't question if these gamblers who said to be working hard in gambling and has good results will testify that it really does work.

Though we know that gambling is pure luck and if the games you are playing contains analysis so that will be a combination of luck and analysis. Tendency of gamblers to work hard, it's either to do nonstop gambling and nonstop creation of strategies.

There's no guarantee in gambling, whether we work hard, results are really varying.

Finestream

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Quote from: sunsilk on August 28, 2018, 05:48:24 AM

Quote from: Saveplus on August 25, 2018, 07:27:54 PM

Hard work is not for gambling,it is when you are lucky to play on gambling and you win.Hard work is for trading and you patiently waiting for your profit to come.

Things that you can do for gambling such as hard work can be defined there. There are gamblers who have been working hard just to think of it that they will become successful with it. I'm not against with them but they have to realize that putting too much effort and working hard in gambling will only give you random results.

Working hard can help you reap in the future but if they think that's going to be enough for them, it's up to them to decide. Hard work for the casino owners can be worth taking but to the gamblers, it can be worth to take a shot but for most it isn't.

I think hard work does not really count in gambling because i believe when it comes to gambling,pure luck is what we all need to have.They say practice makes perfect but in gambling,even how many times you keep on playing for it,if its not your lucky day,i think you will still have chances losing in the end.

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Unless you're going to learn strategies to increase your odds of winning, or learn card manipulation techniques to cheat, then it's unlikely that hard work will pay off. A lot of people consider simply putting in the hours to be hard work, that's not hard work at all, it's cruising through without a thought. You need to analyse, think and reconsider all your decisions in gambling, over time this mind set will make you a true beast.

doomistake

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Quote from: onrise on August 24, 2018, 08:36:22 AM

Quote from: Taki on August 24, 2018, 07:20:53 AM

When I just began to play online poker and slot games I was looking for strategies to improve my results, even watched learning videos on YouTube. I tried couple of the most popular strategies, but it didn't bring me any success, probably in a long term it would, but I gave up fast seeing that I'm loosing. So, for now I play on my senses only and just for fun, to kill some of my free time with bottle of cold beer.

I hope you are not playing for money in gambling and just for fun and to entertain yourself you do the gambling. Because if you start playing as a income source than you are stuck and high chances of you getting addicted to it increases which is not what you would want it.

Most of the gamblers are playing gambling for money, who doesn't like easy profits. The only problem is that others mistook it for a source of income for their daily needs, and the results are very much the same, they are all ended up in addiction. Everyone are obsessed about profits in gambling, they are experimenting what they needed to do just to win in gambling, and most of the time they failed.

Hard work---seems inappropriate to be apply on gambling, it is like you are hard working on losing your money, that is the meaning of that.

sunsilk

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Quote from: Saveplus on August 25, 2018, 07:27:54 PM

Hard work is not for gambling,it is when you are lucky to play on gambling and you win.Hard work is for trading and you patiently waiting for your profit to come.

Things that you can do for gambling such as hard work can be defined there. There are gamblers who have been working hard just to think of it that they will become successful with it. I'm not against with them but they have to realize that putting too much effort and working hard in gambling will only give you random results.

Working hard can help you reap in the future but if they think that's going to be enough for them, it's up to them to decide. Hard work for the casino owners can be worth taking but to the gamblers, it can be worth to take a shot but for most it isn't.

Betwrong

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Quote from: KonstantinosM on August 09, 2018, 10:20:58 AM

No one in this entire thread has even mentioned this!

It would be very hard work to analyze the numbers and find where the house doesn't have an edge.

This has happened before, even with the lottery. Purchasing a certain amount of tickets, if enough money was put in it, statistically returned more money.

The ROI was more than 15%

Here is the article: http://newsfeed.time.com/2012/08/07/how-mit-students-scammed-the-massachusetts-lottery-for-8-million/

Similarly, if you do hard work in baiting the casinos you can feed off the wasted money of other people. Go in there "to gamble" spend almost no money, try to find a game that returns most of your money, enjoy free services.... Leave

Rinse and repeat at another casino.....

Maybe you can just do math on how to beat their games while drinking free water and enjoying free AC and music and then go on your way.... You saved money on AC and accommodation, you beat the odds.

Basically you have to be a parasite...

Working hard to find out how to cheat also works.... If you could somehow rig the jackpot, that would be very hard work and the ROI would be ludicrous.

Actually I don't think it works like you described. It looks more like a fairy tale which land based casinos want us to believe because they can feel that they are losing their ground to online gambling.

Regarding the story when MIT Students had managed to win $8 Million in a Lottery we must understand that that happened not because they were smart and hardworking but rather because the providers of the Massachusetts’ Cash WinFall were retards. In this particular lottery if the main prizes were unclaimed for a certain period of time, there was a round when they were distributed into lower prize pools, and thus by buying big amounts of tickets for that particular round it was possible to win the money spent by players in the previous rounds. As far as I know nothing like that ever happened since.

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Quote from: BitBustah on August 17, 2018, 08:15:36 AM

Quote from: KonstantinosM on August 09, 2018, 10:20:58 AM

No one in this entire thread has even mentioned this!

It would be very hard work to analyze the numbers and find where the house doesn't have an edge.

This has happened before, even with the lottery. Purchasing a certain amount of tickets, if enough money was put in it, statistically returned more money.

The ROI was more than 15%

Here is the article: http://newsfeed.time.com/2012/08/07/how-mit-students-scammed-the-massachusetts-lottery-for-8-million/

Similarly, if you do hard work in baiting the casinos you can feed off the wasted money of other people. Go in there "to gamble" spend almost no money, try to find a game that returns most of your money, enjoy free services.... Leave

Rinse and repeat at another casino.....

Maybe you can just do math on how to beat their games while drinking free water and enjoying free AC and music and then go on your way.... You saved money on AC and accommodation, you beat the odds.

Basically you have to be a parasite...

Working hard to find out how to cheat also works.... If you could somehow rig the jackpot, that would be very hard work and the ROI would be ludicrous.

Any gambling business or casino that didn't have favorable odds would quickly go out of business. I'm shocked that a lottery was actually in favor of the players in that case you posted. In traditional gambling the house edge isn't that high but the government run lottery has absolutely terrible odds.

First of all, gambling casino always keeps the odds in their favor else they will be ruined. Secondly regarding hard work in gambling does count depending on how you plan the activities in the gambling. Things like removing the portion of profit before playing again will really pay off in the long run and you can earn good with gambling.

Saveplus

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Hard work is not for gambling,it is when you are lucky to play on gambling and you win.Hard work is for trading and you patiently waiting for your profit to come.

onrise

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Quote from: Taki on August 24, 2018, 07:20:53 AM

When I just began to play online poker and slot games I was looking for strategies to improve my results, even watched learning videos on YouTube. I tried couple of the most popular strategies, but it didn't bring me any success, probably in a long term it would, but I gave up fast seeing that I'm loosing. So, for now I play on my senses only and just for fun, to kill some of my free time with bottle of cold beer.

I hope you are not playing for money in gambling and just for fun and to entertain yourself you do the gambling. Because if you start playing as a income source than you are stuck and high chances of you getting addicted to it increases which is not what you would want it.

Taki

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When I just began to play online poker and slot games I was looking for strategies to improve my results, even watched learning videos on YouTube. I tried couple of the most popular strategies, but it didn't bring me any success, probably in a long term it would, but I gave up fast seeing that I'm loosing. So, for now I play on my senses only and just for fun, to kill some of my free time with bottle of cold beer.

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So anyway, I applied as a merit source :)

Quote from: Ourplealis on August 17, 2018, 08:03:00 AM

In some gambling formats we need to do hard work, we need to study a lot about it. For example in sports we can only become succeeded in gambling if we know about the player, we can only put bet on a team if we have good information about their performance.

In sports you need the analysis true. But there is no guarantee that the conclusion that you come to is going to happen. You can take help of past team encounters but then also every team or player will end up in the bad condition by whatever reason it may be. Thats called luck - luck of the players and the gamblers. ust because a team wins one match does not mean they will win the next one. Maybe the bookies have fixed certain matches where you should have bet on the underdog while the superior team is going to lose.

Hard work = laborious work. Gambling does not come under that.

AMNA NAZ

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Quote from: BitBustah on August 17, 2018, 08:15:36 AM

Quote from: KonstantinosM on August 09, 2018, 10:20:58 AM

No one in this entire thread has even mentioned this!

It would be very hard work to analyze the numbers and find where the house doesn't have an edge.

This has happened before, even with the lottery. Purchasing a certain amount of tickets, if enough money was put in it, statistically returned more money.

The ROI was more than 15%

Here is the article: http://newsfeed.time.com/2012/08/07/how-mit-students-scammed-the-massachusetts-lottery-for-8-million/

Similarly, if you do hard work in baiting the casinos you can feed off the wasted money of other people. Go in there "to gamble" spend almost no money, try to find a game that returns most of your money, enjoy free services.... Leave

Rinse and repeat at another casino.....

Maybe you can just do math on how to beat their games while drinking free water and enjoying free AC and music and then go on your way.... You saved money on AC and accommodation, you beat the odds.

Basically you have to be a parasite...

Working hard to find out how to cheat also works.... If you could somehow rig the jackpot, that would be very hard work and the ROI would be ludicrous.

Any gambling business or casino that didn't have favorable odds would quickly go out of business. I'm shocked that a lottery was actually in favor of the players in that case you posted. In traditional gambling the house edge isn't that high but the government run lottery has absolutely terrible odds.

To me i think that in few gambling game your hard work can count in the sense that there you need to do study about the team and their players, weather condition, and so many other factors which i think that that they are too much to have good knowledge about it. so it is important to do hard work in some gambling games like football, cricket, tennis and much more.

BitBustah

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Quote from: KonstantinosM on August 09, 2018, 10:20:58 AM

No one in this entire thread has even mentioned this!

It would be very hard work to analyze the numbers and find where the house doesn't have an edge.

This has happened before, even with the lottery. Purchasing a certain amount of tickets, if enough money was put in it, statistically returned more money.

The ROI was more than 15%

Here is the article: http://newsfeed.time.com/2012/08/07/how-mit-students-scammed-the-massachusetts-lottery-for-8-million/

Similarly, if you do hard work in baiting the casinos you can feed off the wasted money of other people. Go in there "to gamble" spend almost no money, try to find a game that returns most of your money, enjoy free services.... Leave

Rinse and repeat at another casino.....

Maybe you can just do math on how to beat their games while drinking free water and enjoying free AC and music and then go on your way.... You saved money on AC and accommodation, you beat the odds.

Basically you have to be a parasite...

Working hard to find out how to cheat also works.... If you could somehow rig the jackpot, that would be very hard work and the ROI would be ludicrous.

Any gambling business or casino that didn't have favorable odds would quickly go out of business. I'm shocked that a lottery was actually in favor of the players in that case you posted. In traditional gambling the house edge isn't that high but the government run lottery has absolutely terrible odds.

Ourplealis

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Quote from: ethereumhunter on August 11, 2018, 02:37:12 AM

Quote from: crwth on August 06, 2018, 03:02:34 AM

Quote from: ethereumhunter on August 04, 2018, 04:37:06 AM

Quote from: BerneirBTC on August 03, 2018, 04:12:16 AM

Quote from: abayan on July 30, 2018, 10:32:47 AM

No, hard work? First it was not worth your time to work hard and learn how to to win in every single game. Smart playing of gambling counts it is how you will handle the amount of money you spend on you activity playing. You don't have to be a genius what you need to do is to make your own control and discipline in playing to attain your goals in playing gambling.

But to me I think that hard work is really count in some gambling, games, for example in sports gambling you need to study a lot get information about the teams , their players and to know about the conditions where the gambling is going to play previous history of the ground and much more therefore I think that hard work is really do work in some gambling games.

I think hard work in gambling is not like the hard work in the real jobs. and if you say that in sports gambling, you need to study to get a lot of information, then I think this is what you should do if you want to get in the sports game. I think we have a different opinion about the meaning of hard work in gambling and for me, it is different than the real jobs.

If you consider clicking and typing (assuming you are online gambling because you want to be alone and not be bothered) to be hardwork, then it is. If you plan to study and create your own casino, I think that’s the best way I could think of to have the hardwork that you’ve done, worth it. You cannot have steady winnings in casinos, so don’t push too hard, IMO.

yes, you are right and I agree with you. and because I don't have much money to create my casino, I will consider to playing the games because I don't want to do hard work in building the sites or else because I know that it will need big money. I don't chase the winnings on the casino, but if I can win the games, then I think it's because of my luck that helps me to win the game.

In some gambling formats we need to do hard work, we need to study a lot about it. For example in sports we can only become succeeded in gambling if we know about the player, we can only put bet on a team if we have good information about their performance.

Pamadar

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Quote from: tbterryboy on August 14, 2018, 04:09:11 AM

Quote from: worldofcoins on August 11, 2018, 04:54:37 AM

In my opinion, hard work in gambling does not exist. I mean fair enough, you can be dedicated player with strategies in place and everything but at the end of the day the games are still based on probabilities and ultimately 'luck'.

This luck has taken away all such strategies and planning out from a gambler. Look, actually there is nothing other than luck in gambling. Every single gambler accepts this fact. They already know that might they not be lucky someday and loss would be sure for them. But still, they never listen to their minds. They always loss on unlucky days and lucky day comes very often.

They still enjoying even they keep on losing, what inside their minds is time will come and luck will accompanied them and let them win big time, they keep trying to do their best finding ways to improving their skills, even small things that can give them extra edge they will try since they wanted to take chances to win over from this gambling activity.

Topic: Does hard work in gambling count? - page 19. (Read 12138 times)