Everyone looses in the long run - page 105.

Altynbekova

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Quote from: zerocharisma on May 04, 2016, 02:42:06 AM

Quote from: CryptoBjorn on May 04, 2016, 02:20:27 AM

Yeah it is almost impossible to make a profit in the long run when it comes to gambling. That means that you have to gamble many times and for you to win most times is pretty unlikely to happen.

Correct!! Your just like giving away your money to the owner of the site with a lowest chance of doubling it. But i think it still depend on what gambling game are you playing. If it's a sports betting maybe you'll get some profit in the long run instead of loosing.

If you do some sport bets is indeed possible for the most gambling games you will lose on the long term but with some games this is indeed also the opposite.

Zooplus

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Quote from: rektDude on May 04, 2016, 03:51:27 AM

That's what everyone says and it's true no one will win on a long run.
You will only lose more money on the long run because the machines of a casino are
to difficult to predict you cant win much if you come back everyday.

I beg to disagree with you, it's not true that no one will win in the long run the appropriate way to say is majority of gamblers loses in the long run. There are still those who are really good in gambling who make fortune in gambling.

rektDude

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That's what everyone says and it's true no one will win on a long run.
You will only lose more money on the long run because the machines of a casino are
to difficult to predict you cant win much if you come back everyday.

zerocharisma

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Quote from: CryptoBjorn on May 04, 2016, 02:20:27 AM

Yeah it is almost impossible to make a profit in the long run when it comes to gambling. That means that you have to gamble many times and for you to win most times is pretty unlikely to happen.

Correct!! Your just like giving away your money to the owner of the site with a lowest chance of doubling it. But i think it still depend on what gambling game are you playing. If it's a sports betting maybe you'll get some profit in the long run instead of loosing.

CryptoBjorn

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Yeah it is almost impossible to make a profit in the long run when it comes to gambling. That means that you have to gamble many times and for you to win most times is pretty unlikely to happen.

futurebit640

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Not every one there are some gamblers can win in long run but they will not teach that strategy to every one i because every one knows that strategy means house will be alert so they will not share that with every one. But some times no strategy will work so that time every one should accept there loss. According to me i loss one time in long run that day i made profit beginning so i played continuously but i can't control at the end so lost everything what i won before.

cazkooo

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Quote from: adaseb on May 04, 2016, 12:30:52 AM

But yes, winning the Powerball is rare and waste of money.

Even if it is rare, it is always be someone's lucky day. Someone could have won a very big amount from just fee dollar . Luck could always come to you in an unexpected day so people cant just stop buying powerball, besides not everyone is losing everything, some win a small amount even if you dont win the grand prize

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Quote from: Hatuferu on May 04, 2016, 12:29:38 AM

Quote from: maku on May 03, 2016, 09:15:52 AM

Quote from: ?? on ??

Cry me a river. Some win scratch offs, some don't. Some win PowerBall, some don't. To say that everyone always loses in the end is idiotic...

Have you ever won PowerBall? Do you know someone who have? Chances of winning the jackpot are 1 in 292,201,338.
Saying that everyone loses is not idiotic is rather something like shorthand - most of us lose so few can win, do you get it?
Also if you would play everyday in casino for 2 years with $100 bankroll - guess what will your total profit be...

You cannot have a good profit with that small amount of money, if you are serious in gambling you have to set up first a decent bankroll to commensurate your expectation. Use math and analyze it carefully the requirements you need in order to win.

That is not true. You don't need a huge amount of bankroll to win. Whether its small or large, your house edge and profitability remains the same.

But yes, winning the Powerball is rare and waste of money.

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Quote from: maku on May 03, 2016, 09:15:52 AM

Quote from: ?? on ??

Cry me a river. Some win scratch offs, some don't. Some win PowerBall, some don't. To say that everyone always loses in the end is idiotic...

Have you ever won PowerBall? Do you know someone who have? Chances of winning the jackpot are 1 in 292,201,338.
Saying that everyone loses is not idiotic is rather something like shorthand - most of us lose so few can win, do you get it?
Also if you would play everyday in casino for 2 years with $100 bankroll - guess what will your total profit be...

You cannot have a good profit with that small amount of money, if you are serious in gambling you have to set up first a decent bankroll to commensurate your expectation. Use math and analyze it carefully the requirements you need in order to win.

maku

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Quote from: ?? on ??

Cry me a river. Some win scratch offs, some don't. Some win PowerBall, some don't. To say that everyone always loses in the end is idiotic...

Have you ever won PowerBall? Do you know someone who have? Chances of winning the jackpot are 1 in 292,201,338.
Saying that everyone loses is not idiotic is rather something like shorthand - most of us lose so few can win, do you get it?
Also if you would play everyday in casino for 2 years with $100 bankroll - guess what will your total profit be...

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Quote from: MaritiJames3 on May 03, 2016, 03:18:00 AM

It is sort of impossible to make much money in the long run when it comes to gambling. If you want to make money in the long run this means that you will have to gamble much. This makes the chances of you losing even greater.

That's true... The longer you gamble, the bigger the amount of money you are throwing away...That is why I think it's best to win in gambling fast and move on, forget about getting back..There's no way to go when you are gambling but to throw away your money..

Hatuferu

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Quote from: Falconer on October 04, 2015, 02:02:39 AM

Gambling site was built by the owner to give him the profit of money he has spent. Gambling isnt a charity foundation that give people free money anytime. Although there are some professional gamblers out there, the site owner surely will be always trying to beat all of them. Thats the fun side of gambling, where we could test our luck and skills combined against the house. Maybe you couldnt win everyday, but if you bet responsibly and patiently, you couldnt be disappointed so bad.

That's absolutely true, you never see a gambling site that closes because they lost they moneypot to the gamblers, they are a strong industry and they are very profitable, and knowing that it only signifies that the operations favors to them, they win all the time.

InsideBjorn

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Quote from: dukeneptun on October 03, 2015, 03:34:23 PM

Everybody loses in gambling in the long run but some clever and successfull bettors can make their living from sport bets. It's like a profession. If you have great game plans and your discipline is at max, you can make a lot of money from betting. Don't mix your feelings when you bet.

That's true much people make their living with betting on sports. Many people are also living by betting with poker
maybe it's an idea to play poker with the bitcoin.

MaritiJames3

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It is sort of impossible to make much money in the long run when it comes to gambling. If you want to make money in the long run this means that you will have to gamble much. This makes the chances of you losing even greater.

CoinsRoyal

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The chance is really high that you can lose some money with gambling and that is because the chance of losing is quite high and that is bad but you never know what will happen.
You have to be lucky if you want to make some profit with it and that happens not that often.

mu77aL

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Zooplus

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Quote from: adaseb on May 02, 2016, 09:21:45 PM

Quote from: Zooplus on May 02, 2016, 09:03:58 PM

Quote from: hua_hui on May 02, 2016, 09:39:14 AM

Quote from: Hatuferu on May 02, 2016, 07:30:43 AM

Quote from: Etalia on May 02, 2016, 03:54:14 AM

Quote from: Hatuferu on May 01, 2016, 04:05:39 AM

Quote from: Text on May 01, 2016, 03:20:55 AM

You should have a lot of experience in sports betting before you can win. Knowing how it works first is a good idea but still it is a gambling. Your winnings will always depends on your strategy, how you play the game.
But in other gamble sites, you just have to click and play and at the end you are a looser.

Absolutely, in every gambling you need to have the skills and knowlegde and so as in sports betting, you don't rely on your luck alone cause luck is the key to win in the long its consistency, being able to manage the bankroll and select more winners that losers.

There is of course a high chance that you can lose some money with gambling and that is because the value is not even rising now so that wont be that nice for all of us now and gambling is quite bad.
Because the only thing that you need to do is that you have to be lucky with gambling otherwise you cant make profit with it.

The value of bitcoin now doesn't seem to matter in gambling because of its volatility it will rise and drop at any given time. The most exciting thing in gambling using bitcoin is you gamble for the two factors, you gamble to win your bets and you gamble for the BTC price to rise. Regardless you can win in the long run if you are exceptional but if you are a typical gamble you will experience the opposite.

gamble usually will lead most people to lose as that is how the games are designed. Otherwise how is the casino able to profit. i have to agree that investing in btc is also a form of gambling in itself cause it can drop to really worth nothing in the future but it also can worth lot of money too.

Only those bitcoin believers are using the coins in gambling. I myself is very optimistic that the value will appreciate in the future so I am using it while betting in my sporst book. I may have to say that I am not good in gambling and I have lost a considerable amount of money in gambling but that does not matter now cause the amount of enjoyment I get from gambling is worthy.

Well if you believe in Bitcoin and think that it will go up, you can make an account on OKcoin or Bitfinex and buy bitcoin on margin. With 1 BTC, you can buy up to 3 BTC, and you will make 3x as much if the price goes up.

I believe in bitcoin but I am a day trader, I don't usually but and hold it for a longer time as I also understand the risk of doing such, however I would probably spend a little of my earnings from trading to buy a minimal amount of BTC and I am gonna keep it for at least 20 years and let's see what will happen. I will just experiment on that as I only invest an amount that I can afford to lose.

iulianbutanu

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That's why we should stay away from this.
I'm a gambler in real life even today I was playing at roullete and slots.
It is funny when you win, but after any win you just need to take your money, leave the casino and never come back!

adaseb

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Quote from: Zooplus on May 02, 2016, 09:03:58 PM

Quote from: hua_hui on May 02, 2016, 09:39:14 AM

Quote from: Hatuferu on May 02, 2016, 07:30:43 AM

Quote from: Etalia on May 02, 2016, 03:54:14 AM

Quote from: Hatuferu on May 01, 2016, 04:05:39 AM

Quote from: Text on May 01, 2016, 03:20:55 AM

You should have a lot of experience in sports betting before you can win. Knowing how it works first is a good idea but still it is a gambling. Your winnings will always depends on your strategy, how you play the game.
But in other gamble sites, you just have to click and play and at the end you are a looser.

Absolutely, in every gambling you need to have the skills and knowlegde and so as in sports betting, you don't rely on your luck alone cause luck is the key to win in the long its consistency, being able to manage the bankroll and select more winners that losers.

There is of course a high chance that you can lose some money with gambling and that is because the value is not even rising now so that wont be that nice for all of us now and gambling is quite bad.
Because the only thing that you need to do is that you have to be lucky with gambling otherwise you cant make profit with it.

The value of bitcoin now doesn't seem to matter in gambling because of its volatility it will rise and drop at any given time. The most exciting thing in gambling using bitcoin is you gamble for the two factors, you gamble to win your bets and you gamble for the BTC price to rise. Regardless you can win in the long run if you are exceptional but if you are a typical gamble you will experience the opposite.

gamble usually will lead most people to lose as that is how the games are designed. Otherwise how is the casino able to profit. i have to agree that investing in btc is also a form of gambling in itself cause it can drop to really worth nothing in the future but it also can worth lot of money too.

Only those bitcoin believers are using the coins in gambling. I myself is very optimistic that the value will appreciate in the future so I am using it while betting in my sporst book. I may have to say that I am not good in gambling and I have lost a considerable amount of money in gambling but that does not matter now cause the amount of enjoyment I get from gambling is worthy.

Well if you believe in Bitcoin and think that it will go up, you can make an account on OKcoin or Bitfinex and buy bitcoin on margin. With 1 BTC, you can buy up to 3 BTC, and you will make 3x as much if the price goes up.

Zooplus

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Activity: 1106

Merit: 1000

Quote from: hua_hui on May 02, 2016, 09:39:14 AM

Quote from: Hatuferu on May 02, 2016, 07:30:43 AM

Quote from: Etalia on May 02, 2016, 03:54:14 AM

Quote from: Hatuferu on May 01, 2016, 04:05:39 AM

Quote from: Text on May 01, 2016, 03:20:55 AM

You should have a lot of experience in sports betting before you can win. Knowing how it works first is a good idea but still it is a gambling. Your winnings will always depends on your strategy, how you play the game.
But in other gamble sites, you just have to click and play and at the end you are a looser.

Absolutely, in every gambling you need to have the skills and knowlegde and so as in sports betting, you don't rely on your luck alone cause luck is the key to win in the long its consistency, being able to manage the bankroll and select more winners that losers.

There is of course a high chance that you can lose some money with gambling and that is because the value is not even rising now so that wont be that nice for all of us now and gambling is quite bad.
Because the only thing that you need to do is that you have to be lucky with gambling otherwise you cant make profit with it.

The value of bitcoin now doesn't seem to matter in gambling because of its volatility it will rise and drop at any given time. The most exciting thing in gambling using bitcoin is you gamble for the two factors, you gamble to win your bets and you gamble for the BTC price to rise. Regardless you can win in the long run if you are exceptional but if you are a typical gamble you will experience the opposite.

gamble usually will lead most people to lose as that is how the games are designed. Otherwise how is the casino able to profit. i have to agree that investing in btc is also a form of gambling in itself cause it can drop to really worth nothing in the future but it also can worth lot of money too.

Only those bitcoin believers are using the coins in gambling. I myself is very optimistic that the value will appreciate in the future so I am using it while betting in my sporst book. I may have to say that I am not good in gambling and I have lost a considerable amount of money in gambling but that does not matter now cause the amount of enjoyment I get from gambling is worthy.

Topic: Everyone looses in the long run - page 105. (Read 96777 times)