Everyone looses in the long run - page 115.

cjmoles

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Quote from: magicmexican on December 30, 2015, 09:10:42 AM

Quote from: JeWay on December 30, 2015, 06:34:40 AM

You are actually true, no one will always win a gambling. Gambling can not be the main income of someone life, it should be just an additional income for someone

Absolutely can and is main incoming for a lot of poker players. The luck factor is pretty much nullified when you put 6+ hours a day grinding. Your weekly/monthly sample size becomes so big that its pretty much impossible to face a losing month, (if you are winning player obviously)

I agree here. However, it does take a little fast math and a whole lot of discipline. Bankroll management is key to maintaining a working game because proper bankroll management decreases the effect of variance. Always get your stack in good with positive expected value, never play against the odds, never put more than ten percent of your roll in play at once, and grind, grind, grind! Volume is the secret ingredient: more open tables and longer sessions equal larger profits...the law of large numbers hasn't been proven wrong yet.

wuvdoll

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Quote from: fullypak on December 31, 2015, 12:50:45 AM

Quote from: fruito on December 30, 2015, 11:50:05 PM

Poker in my eyes is the best way to have a good advantage while gambling. There are also other games that have known professional players, like Blakcjack for one. If you know the proper way to play and have a good bankroll for it I think you could make some pretty steady money. Also games like craps and sportsbetting if your good at what you do, you really don't go bust much.

What ever you say, at the end one should need some luck to win money in gambling. Whether it is skill based game or pure luck based game, we don't have any sure ways that we can generate some steady money. So do not go after making money in gambling but try to enjoy the game.

That is must be true. Because, gambling can be profitable one day just because of luck and will not be profitable for some other day. So, expecting a consistent income from gambling must be a bad idea.
Interestingly most of the gamblers losing more money than what they have achieved earlier as profits.

fullypak

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Quote from: fruito on December 30, 2015, 11:50:05 PM

Poker in my eyes is the best way to have a good advantage while gambling. There are also other games that have known professional players, like Blakcjack for one. If you know the proper way to play and have a good bankroll for it I think you could make some pretty steady money. Also games like craps and sportsbetting if your good at what you do, you really don't go bust much.

What ever you say, at the end one should need some luck to win money in gambling. Whether it is skill based game or pure luck based game, we don't have any sure ways that we can generate some steady money. So do not go after making money in gambling but try to enjoy the game.

fruito

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Poker in my eyes is the best way to have a good advantage while gambling. There are also other games that have known professional players, like Blakcjack for one. If you know the proper way to play and have a good bankroll for it I think you could make some pretty steady money. Also games like craps and sportsbetting if your good at what you do, you really don't go bust much.

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Quote from: raaajlucky on December 30, 2015, 03:59:53 AM

If you play for small amounts which you can afford to lose than you will get entertainment otherwise lot of problems only.

This is wrong. If you keep on playing small you will try and try to get bigger amount and this will become addicted. So by the time you will just growing your gambling addiction and this can't be fun or even entertain yourselves

michinzx

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Quote from: JeWay on December 30, 2015, 06:34:40 AM

You are actually true, no one will always win a gambling. Gambling can not be the main income of someone life, it should be just an additional income for someone

it most definitely can, there are professional poker players you know. however, i think professional gambling is mostly limited to poke, there just arent many games where a player can manage to get a consistent advantage somehow.

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Quote from: trademark on December 30, 2015, 11:02:19 PM

All casinos only need time before they can clean you out. If you notice, casinos do not have clocks and their windows are always pitch dark. You can not tell if it is day or night. It's just a matter of time before they will empty your pockets if you do not have the patience to leave while you're ahead. Also, the free alcohol doesn't help either. Wink

Yes.
The obvious reason many gamblers turn into losses in long run must be they are losing control over their emotions. Following all the plans and disciplines in long term is not possible for all the gamblers. When they are breaching their determined plan they are facing losses.

trademark

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All casinos only need time before they can clean you out. If you notice, casinos do not have clocks and their windows are always pitch dark. You can not tell if it is day or night. It's just a matter of time before they will empty your pockets if you do not have the patience to leave while you're ahead. Also, the free alcohol doesn't help either. Wink

magicmexican

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Quote from: JeWay on December 30, 2015, 06:34:40 AM

You are actually true, no one will always win a gambling. Gambling can not be the main income of someone life, it should be just an additional income for someone

Absolutely can and is main incoming for a lot of poker players. The luck factor is pretty much nullified when you put 6+ hours a day grinding. Your weekly/monthly sample size becomes so big that its pretty much impossible to face a losing month, (if you are winning player obviously)

frank0929

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Quote from: JeWay on December 30, 2015, 06:34:40 AM

You are actually true, no one will always win a gambling. Gambling can not be the main income of someone life, it should be just an additional income for someone

I don't completely agree. It's true that you can't win all the time but you have to make income/outcome calculation for your bets. For example you lose two 1-unit in a row but when you win another 1-unit >3 odds you can compensate your previous 2 losses. You have to calculate margins, your possible income and act like that. If you have a very good system you will probably win something. If you play without any plans you end up losing all in the long run.

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Quote from: Kevin77 on December 30, 2015, 07:49:27 AM

Quote from: JeWay on December 30, 2015, 06:34:40 AM

You are actually true, no one will always win a gambling. Gambling can not be the main income of someone life, it should be just an additional income for someone

Practically gambling can be an additional source of income for no one. Because there is no consistent income or profit from gambling can be achieved. Even someone makes profit rarely in some days, they will lose more than that in some other day.

Actually things like Sports betting and Poker can work out for people. I have a friend who has been sports betting for the last 7 years and has been making a good steady income of 500-1000$ sometimes above monthly.

Kevin77

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Quote from: JeWay on December 30, 2015, 06:34:40 AM

You are actually true, no one will always win a gambling. Gambling can not be the main income of someone life, it should be just an additional income for someone

Practically gambling can be an additional source of income for no one. Because there is no consistent income or profit from gambling can be achieved. Even someone makes profit rarely in some days, they will lose more than that in some other day.

JeWay

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You are actually true, no one will always win a gambling. Gambling can not be the main income of someone life, it should be just an additional income for someone

tolikkk

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speaking of gambling, we are primarily talking about intimate experience , taking a very delicate notes and affecting the dark depths, which are only the work of one man, only it is concerned, not to say that losing your luck is very easy due to clear reasons or feelings that are very difficult to control, so the company gambling for entertainment , but not for a big risk, we know many examples where this rule does not work and therefore starting disorders and charges of all kadogo, approach to gambling is necessary carefully and everything before that, carefully considered, what will be the consequences of certain decisions and what will be the impact player after the outcome

Revelation Machine

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Quote from: raaajlucky on December 30, 2015, 03:59:53 AM

Quote from: hexitor on December 29, 2015, 09:33:28 PM

Quote from: tommorisonwebdesign on October 03, 2015, 03:32:01 PM

Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.

All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.

And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.

Yep... Gambling's only going to give you entertainment... No other rewards.

If you play for small amounts which you can afford to lose than you will get entertainment otherwise lot of problems only.

Once you start playing small amount for entertainment you will start getting addicted until it becomes an addiction.

raaajlucky

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Quote from: hexitor on December 29, 2015, 09:33:28 PM

Quote from: tommorisonwebdesign on October 03, 2015, 03:32:01 PM

Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.

All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.

And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.

Yep... Gambling's only going to give you entertainment... No other rewards.

If you play for small amounts which you can afford to lose than you will get entertainment otherwise lot of problems only.

23dzmaz

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Quote from: hexitor on December 29, 2015, 09:33:28 PM

Quote from: tommorisonwebdesign on October 03, 2015, 03:32:01 PM

Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.

All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.

And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.

Yep... Gambling's only going to give you entertainment... No other rewards.

I don't think so man, you can earn BIG amount of bitcoins by gambling. actually not every long run can make anyone lose. if you have really2 big bankroll, you can earn more bitcoin and playing with safety.

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Quote from: hexitor on December 29, 2015, 09:33:28 PM

Quote from: tommorisonwebdesign on October 03, 2015, 03:32:01 PM

Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.

All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.

And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.

Yep... Gambling's only going to give you entertainment... No other rewards.

For me no because there are many gambling games that takes long time to play and sometimes this game can win based on skills.
But not all in online gambling sites its better to play in live than playing for bot.

hexitor

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Quote from: tommorisonwebdesign on October 03, 2015, 03:32:01 PM

Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.

All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.

And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.

Yep... Gambling's only going to give you entertainment... No other rewards.

golapani

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Quote from: LFC_Bitcoin on October 03, 2015, 05:20:31 PM

Gambling should be a hobby, something you do for fun. It's great when you win but you shouldn't gamble with amounts that you can't afford to lose. The only rule is to gamble responsibly & don't get yourself in financial trouble. Sounds easy right? It should be but some people struggle.

Thats why i have never gambled in my life.

Topic: Everyone looses in the long run - page 115. (Read 96777 times)