Everyone looses in the long run - page 11.

EdenHazard

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Quote from: crwth on February 06, 2017, 10:10:33 PM

Quote from: EdenHazard on February 06, 2017, 08:52:25 PM

Quote from: shulio on February 06, 2017, 06:35:38 PM

Quote from: Gameroid on February 06, 2017, 03:01:42 PM

but most of the people play gambling for making money and not for entertainment and they can only entertained in gambling if they are making money in gambling. but it is also a fact that majority of people lose money in gambling but still they continue their struggle to make money in gambling.

People wont be able to make any money in gambling for sure. I'll probably be the first one to be rich in gambling if I could be making money from it. I have been gamble alot and Im not rich for sure , the only way to make money is to only invest in a gambling sites that has top volume and the result is worth it

no i disagree with your opinion, you could make money in gambling it is just the mater of how much your chance. and the answer are there is very low chance for you to make it happen , you need a super lucky to leave gambling in the right time.

and ended up your career with a good amount to live in the rest of your life.

You could earn if you are not that greedy. Make sure that you can provide a healthy bankroll to start with and not be greedy when the time comes you need it. Bet proper amounts and withdraw small amounts, in the long run, you could win. There is no assurance in that if you just gamble and not making good decisions. Better be safe than sorry.

healthy bankroll you mean with larger bankroll? i don't think it was a good idea.

higher bankroll you bring in higher risk you take to lost the whole amount . why you have to do it when you can make low amount to the high when you are lucky enough right? better to lost small amount rather than take too big risk.

Fireblade

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Quote from: fullypak on February 09, 2017, 02:05:38 PM

Quote from: marcuslong on February 09, 2017, 11:11:31 AM

Quote from: rozee on February 08, 2017, 09:12:27 PM

some of us get this experience that we will lose when play gambling in the long run, but i don't know why? honestly i have got this experience too maybe its because of our greed in the short run i get some profits although its small but in the long run i play with some strategy still get losses

Not everyone experience this kind of looses in the long run some of them are enjoying the game and enjoying the money they get from the gambling yes i already experience this kind of winning in the long run but suddenly when im get tired playing trying to all in and then lose them in one shot. I blame my self not to withdraw it by i enjoy playing on gambling.

It's called greedy, people will make long run win, but they don't know what the right time to stop play and withdraw their winnings is. That is why this long run will always lose for everyone. You expected more profit and made all in and end up with the loss. Don't get excited when you are in the long run win. It will make you lose in next bets.

in fact gambling also need some strategy and planning, if a person is playing gambling without any strategy and planning then surely their chance of losing money is more that those people who are playing gambling with a planning and strategy, and they strickly follow their strategy and planning. for example i have limit for playing gambling and i reach to that pint i stop gambling any more although it is very difficult to control myself some time bu still i try best and which protect me from such big lost.

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Quote from: rozee on February 08, 2017, 09:12:27 PM

some of us get this experience that we will lose when play gambling in the long run, but i don't know why?

Why? Because that is designed by the casino operators and the longer you are going to stay in their place the higher vulnerability that you can lose more money from them and that's the same thing in online casino's, you can lose more bitcoins. Because your hands are itchy to play and you can't stop it.

Quote from: rozee on February 08, 2017, 09:12:27 PM

honestly i have got this experience too maybe its because of our greed in the short run i get some profits although its small but in the long run i play with some strategy still get losses

Your not the only that experience it because most of us are doing the same thing. Grin

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Quote from: Gameroid on February 06, 2017, 03:01:42 PM

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Quote from: zagarcoin on January 22, 2017, 11:48:43 AM

Would be very difficult to win some profits by gambling, if you can gamble for fun and know when to stop, you will not suffer huge losses.

Treat gambling as a way to entertain yourself and not as a source of income since it is very difficult to obtain earnings out of it for the simple reason the math of the game is against us in the form of the house edge, so don’t be greedy and play for fun.

but most of the people play gambling for making money and not for entertainment and they can only entertained in gambling if they are making money in gambling. but it is also a fact that majority of people lose money in gambling but still they continue their struggle to make money in gambling.

Some do that but I will not say that most do that since anyone that takes a few minutes to try to see if they can make a living out of gambling must realize extremely fast that is simply not possible and as such must change their goals when they gamble from making profits to getting fun.

fullypak

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Quote from: marcuslong on February 09, 2017, 11:11:31 AM

Quote from: rozee on February 08, 2017, 09:12:27 PM

some of us get this experience that we will lose when play gambling in the long run, but i don't know why? honestly i have got this experience too maybe its because of our greed in the short run i get some profits although its small but in the long run i play with some strategy still get losses

Not everyone experience this kind of looses in the long run some of them are enjoying the game and enjoying the money they get from the gambling yes i already experience this kind of winning in the long run but suddenly when im get tired playing trying to all in and then lose them in one shot. I blame my self not to withdraw it by i enjoy playing on gambling.

It's called greedy, people will make long run win, but they don't know what the right time to stop play and withdraw their winnings is. That is why this long run will always lose for everyone. You expected more profit and made all in and end up with the loss. Don't get excited when you are in the long run win. It will make you lose in next bets.

poplolnman

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Quote from: shulio on January 25, 2017, 10:41:02 AM

Quote from: poplolnman on January 25, 2017, 07:53:14 AM

as long as you play on a game that have a house edge which it's has -EV , i'm sure you wouldn't have fun at all and never get profit in the long run. but you can try a game like poker or sportsbetting which has +EV , at least you would have better chance to fight for your luck there instead against house edge that honestly i think it's never ending.

If sportsbetting has EV+ house edge then everyone will win and no one will open up sportsbook site. Does this even make sense to you? because it doesnt to me, you might need to make some math calculation for this. Even if you do few math calculation, you wont really see sportsbet as an EV+ game

of course i do, there a lot of things to do to make sportsbetting +EV , like to looking for a news that could affected the team/player form , statistics , head to head etc all of them need to be analyzed then you would have a +EV there. it's doesn't mean everyone would win just because a game have +EV , then makes sense now?

shulio

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Quote from: dhampir-D on February 09, 2017, 08:45:16 AM

I prefer the alternatives that allow you to do a more broader analysis of the game, such as blackjack, where you can use statistical and probabilistic analysis. Or sports betting, where you can analyze teams' performance to get a better view of the game, and make better decisions.

Playing blackjack doesnt need any analysis, you just need to follow the step that has been written. In the wizardofodds.com you could see the probability of each card and match it with your own card then you just need to follow those step. It is not guaranteed to win however you have higher chance to win if you follow the step

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Quote from: rozee on February 08, 2017, 09:12:27 PM

some of us get this experience that we will lose when play gambling in the long run, but i don't know why? honestly i have got this experience too maybe its because of our greed in the short run i get some profits although its small but in the long run i play with some strategy still get losses

Not everyone experience this kind of looses in the long run some of them are enjoying the game and enjoying the money they get from the gambling yes i already experience this kind of winning in the long run but suddenly when im get tired playing trying to all in and then lose them in one shot. I blame my self not to withdraw it by i enjoy playing on gambling.

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Quote from: dhampir-D on February 09, 2017, 08:45:16 AM

Quote from: Ziskinberg on February 08, 2017, 09:10:42 PM

Quote from: aardvark15 on February 08, 2017, 08:04:02 PM

It's true that most people will lose money with gambling. The only ones that will ever make money are the casinos and those few people with a gift at poker or counting cards.

Most people loves to play luck based games because they are more entertaining than skilled based games, with luck based, we will not need to do analyzing our bets that consumes a lot of time.With this, I can tell that most of the gamblers loses in the long run, they came to play to have fun and to earn money, but they do not have the skills to do it as luck cannot be trusted in long term gambling.

I prefer the alternatives that allow you to do a more broader analysis of the game, such as blackjack, where you can use statistical and probabilistic analysis. Or sports betting, where you can analyze teams' performance to get a better view of the game, and make better decisions.

Such kinds of analysis still won't allow you to get even to 0% House Edge, so if the profit is your goal, it's better to apply those skills in other fields, like trading. But if you want to just have fun while mentally challenging yourself and adding some risk, than gambling games with elements of strategy are definitely a good choice.

dhampir-D

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Quote from: Ziskinberg on February 08, 2017, 09:10:42 PM

Quote from: aardvark15 on February 08, 2017, 08:04:02 PM

It's true that most people will lose money with gambling. The only ones that will ever make money are the casinos and those few people with a gift at poker or counting cards.

Most people loves to play luck based games because they are more entertaining than skilled based games, with luck based, we will not need to do analyzing our bets that consumes a lot of time.With this, I can tell that most of the gamblers loses in the long run, they came to play to have fun and to earn money, but they do not have the skills to do it as luck cannot be trusted in long term gambling.

I prefer the alternatives that allow you to do a more broader analysis of the game, such as blackjack, where you can use statistical and probabilistic analysis. Or sports betting, where you can analyze teams' performance to get a better view of the game, and make better decisions.

shulio

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Quote from: boyptc on February 08, 2017, 10:31:56 PM

I don't think that it is not going to work out on myself because I did it many times and I wanted to look for some other source that I can be good at it. Because I did experience that gambling is really hard to defeat.

There is nothing that can help you to win, everyone lose in the long run just like usual however the thing that makes it different is that some people invest in a gambling sites so even when they lose they get something back in return therefore it is still some profit especially when you put high amount in the investment

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Quote from: hurain on February 08, 2017, 01:37:00 AM

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Quote from: shulio on February 07, 2017, 11:04:36 AM

Quote from: bitllionaire on February 07, 2017, 10:16:46 AM

in fact entertainment is not the main reason for playing gambling. most of the people play gambling for making money and only then they can entertain gambling other wise they will feel gambling as boring game of the world. i think if some one want to get entertainment so there are so many other types of activity from where one can get more fun and enjoyment as compare to gambling.

Some people feel different about it, they want to get entertainment form it and also making money at the same time. This is a good way of doing two things in the same time, some people get lucky of course and win so we cant really blame them for what they are doing as long as they feel cool about losing money in gambling

And most of us are not included with those people that are getting lucky, they are getting entertainment and money at the same time. But most of us are really winning for just a while and lose a lot after gambling. Also it is our choice when we are losing in the long run we don't intend to quit as if we already know how gambling owrks.

but i think there are also some expert people having good luck, they really making good money in gambling on regular basis. in fact these people play gambling for long long time and they know all the tricks of gambling that the new gambler do not know. but still gambling is a game of luck they also have the risk to lose money.

Yes there are some people who are earning good amount in gambling but they are very few and its rarely happening. And I don't think that it is not going to work out on myself because I did it many times and I wanted to look for some other source that I can be good at it. Because I did experience that gambling is really hard to defeat.

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Quote from: ethereumhunter on February 08, 2017, 10:03:52 PM

Quote from: rozee on February 08, 2017, 09:12:27 PM

some of us get this experience that we will lose when play gambling in the long run, but i don't know why? honestly i have got this experience too maybe its because of our greed in the short run i get some profits although its small but in the long run i play with some strategy still get losses

i think the more we play, the more we win, the more greed we are in the gambling games and we can not leave in the games and continue to playing gambling and finally its only makes us to loss much money than we can imagine. no one can guarantee that we can win much of money in the long run but the one thing is right is we can get loss in the long run.

Yes, there is no guarantee in gambling, but still we are doing it, we love to take risk for bigger rewards. The reason why we lose in the long run is because we do not have a long term game plan, most of the time we rely only on our luck to win instead of developing our technique to turn it into an effective method that would give us consistent win.

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Quote from: rozee on February 08, 2017, 09:12:27 PM

some of us get this experience that we will lose when play gambling in the long run, but i don't know why? honestly i have got this experience too maybe its because of our greed in the short run i get some profits although its small but in the long run i play with some strategy still get losses

i think the more we play, the more we win, the more greed we are in the gambling games and we can not leave in the games and continue to playing gambling and finally its only makes us to loss much money than we can imagine. no one can guarantee that we can win much of money in the long run but the one thing is right is we can get loss in the long run.

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Quote from: rozee on February 08, 2017, 09:12:27 PM

some of us get this experience that we will lose when play gambling in the long run, but i don't know why? honestly i have got this experience too maybe its because of our greed in the short run i get some profits although its small but in the long run i play with some strategy still get losses

Yes greediness is one of the reason why we also lose in the long run. It is the one that makes us deceive and wants to keep us gamble in the long run. Like many of the gamblers here wanted to win bigger amount but that is dragging us into losing more because of that attitude we are not contented. We just need to be aware of what we are doing.

rozee

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some of us get this experience that we will lose when play gambling in the long run, but i don't know why? honestly i have got this experience too maybe its because of our greed in the short run i get some profits although its small but in the long run i play with some strategy still get losses

Ziskinberg

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Quote from: aardvark15 on February 08, 2017, 08:04:02 PM

It's true that most people will lose money with gambling. The only ones that will ever make money are the casinos and those few people with a gift at poker or counting cards.

Most people loves to play luck based games because they are more entertaining than skilled based games, with luck based, we will not need to do analyzing our bets that consumes a lot of time.With this, I can tell that most of the gamblers loses in the long run, they came to play to have fun and to earn money, but they do not have the skills to do it as luck cannot be trusted in long term gambling.

aardvark15

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It's true that most people will lose money with gambling. The only ones that will ever make money are the casinos and those few people with a gift at poker or counting cards.

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Quote from: Text on February 07, 2017, 09:49:30 AM

If the house edge has the advantage against us then we should take an advantage too while playing gamble games which is saving, so whenever we are losing we can say it totally not. If you feel that you have already made a profit, stop for a while and continue tomorrow.

We can easily say that but it is hard to apply when you are in the situation of winning a lot or in winning by little. Because the pride always triggers us and let us think that we are not going to lose no matter what and we got of plenty of winnings already so that is making us confident that we won't lose in the end but as go on we are losing in the long run and that's really happening.

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Quote from: Monnt on February 08, 2017, 02:47:50 PM

Quote from: shulio on February 07, 2017, 11:04:36 AM

Quote from: bitllionaire on February 07, 2017, 10:16:46 AM

in fact entertainment is not the main reason for playing gambling. most of the people play gambling for making money and only then they can entertain gambling other wise they will feel gambling as boring game of the world. i think if some one want to get entertainment so there are so many other types of activity from where one can get more fun and enjoyment as compare to gambling.

Some people feel different about it, they want to get entertainment form it and also making money at the same time. This is a good way of doing two things in the same time, some people get lucky of course and win so we cant really blame them for what they are doing as long as they feel cool about losing money in gambling

That is not entirely true, from the way I see it all the people who gamble once always come back for more if they win, and we can say that each time they win they push their luck and get greedy and lose all the money they have and they started with, so if you see it gambling is not profitable for these people

If you put certain rules in yourself and obey it, not just playing it for the profit, you could end up profitable with it. I've tried different strategies concerning dice and I have successfully been profitable (not in a big way, just mBTC) but still it's positive. Your luck can be improved by certain strategies and just don't' get greedy. I've been greedy and made mistakes, and I've learned.

Topic: Everyone looses in the long run - page 11. (Read 96775 times)