Everyone looses in the long run - page 116.

Erza

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Quote from: enhu on December 29, 2015, 11:18:00 AM

You just have to choose which game to stick so you won't loose in the long run. Sports betting seem to be a better path than establishing a poker pro career

Nope, all gambling games is the same although you have better odds on that games sometimes you will lose it too in the long run. We never know what is waiting for us in the future so better to get your profit as soon as you can rather than loss it all in a long run

Quote from: enhu on December 29, 2015, 11:18:00 AM

Lets say in a horse or dog race, you will have higher chance of winning when you get to know a horse or if you yourself took care of this horse or dog

This kind of bet wont give you anything because most of the breeder as I can say is wait for someone to pay better fee from buying your horse or dog. they dont do this kind of bet because you need a lot of thing to raise dog or horse to be qualified so if you loss you can't get what you need for raising them

DarkStar_

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I 100% agree with what you are saying.
No matter what game you are playing, even if the odds are low that you will lose, you WILL lose eventually.
One of my friends turned 0.50$ into 4$. Instead of cashing out, he decided to keep gambling and lost it all.
The trick is to quit while you are ahead. (assuming you even get ahead)

Supercrypt

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Quote from: Newcoins2020 on December 29, 2015, 01:29:28 PM

Quote from: faince222 on December 29, 2015, 10:41:50 AM

that's right. You can win only in the short term, win in the long term it's absolutely impossible. There are only few game that allow you to have profit on long term (see poker, sport bet, etc.). For the other, like bingo, roulette, dice, etc. in long term you will surely lose all.

It doesn't matter which game you are playing. In the end you can't beat luck.

So If you are an an strike just get the most out of it and come back another day.

You are right. The gambling will never get finished even you have some big profits in your hand. That is the reason gambling makes losses in long run. Some people are managing to end some days with profits but not on regular basis. Because gambling never let their greed to fade away.

Newcoins2020

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Quote from: faince222 on December 29, 2015, 10:41:50 AM

that's right. You can win only in the short term, win in the long term it's absolutely impossible. There are only few game that allow you to have profit on long term (see poker, sport bet, etc.). For the other, like bingo, roulette, dice, etc. in long term you will surely lose all.

It doesn't matter which game you are playing. In the end you can't beat luck.

So If you are an an strike just get the most out of it and come back another day.

Dogedigital

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Quote from: Straux on December 29, 2015, 06:54:58 AM

Everyone does lose in the long run. The house edge ensures that. On average, with a 1% house edge, you lose 1% of your roll every time. It doesn't sound very daunting now, does it? But statistically, with a 1% house edge, after 100 rolls, you'll lose everything. Now that's daunting.

But gambling is luck. Gambling is chance. You could lose everything in your first 10 rolls! Or maybe not lose everything until your thousandth roll. But it all comes down to one thing - if you don't stop, you'll lose. You'll lose some time. The only matter is when.

Maybe the best idea is to enjoy yourself more and have your money statistically speaking last longer by playing with a lower (sharper?) house edge to bet against. {cough cough}

enhu

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You just have to choose which game to stick so you won't loose in the long run. Sports betting seem to be a better path than establishing a poker pro career. Lets say in a horse or dog race, you will have higher chance of winning when you get to know a horse or if you yourself took care of this horse or dog. Anyone heard of cock fight derby? I like betting on cock fight if its my cock lol. My father use to have a lot of these that he bought from another island and was taken care with food supplements and trained these chickens to fight and fly higher than the usual.

AtheistAKASaneBrain

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Quote from: mrcashking on December 29, 2015, 11:02:56 AM

Quote from: ftwbtc1 on December 29, 2015, 10:14:36 AM

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.

This simply isn't true that everyone loses in the long run with sports gambling and poker. There are many people that are multimillionaires from gambling in these two disciplines specifically. Like anything else in order to be good, you must study it and practice proper cash management. With regard to the table games like blackjack, slots, etc you will lose in the long run, but they can be entertaining when under control.

If anything you do is based on luck then you are going to get fucked someday or the other is the general rule cause it is not dependent on statistics or any planning ,any game you gamble at is not sure completely nor is made for you to win.

Yeah, to make true progress in life, as in solid progress, you need some sort of hard work an dedication scheme, you can't just rely on good luck events, because they are rare. Good luck is needed tho, to break the even and become really rich, there's no way around this.

mrcashking

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Quote from: ftwbtc1 on December 29, 2015, 10:14:36 AM

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.

This simply isn't true that everyone loses in the long run with sports gambling and poker. There are many people that are multimillionaires from gambling in these two disciplines specifically. Like anything else in order to be good, you must study it and practice proper cash management. With regard to the table games like blackjack, slots, etc you will lose in the long run, but they can be entertaining when under control.

If anything you do is based on luck then you are going to get fucked someday or the other is the general rule cause it is not dependent on statistics or any planning ,any game you gamble at is not sure completely nor is made for you to win.

faince222

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that's right. You can win only in the short term, win in the long term it's absolutely impossible. There are only few game that allow you to have profit on long term (see poker, sport bet, etc.). For the other, like bingo, roulette, dice, etc. in long term you will surely lose all.

ftwbtc1

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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.

This simply isn't true that everyone loses in the long run with sports gambling and poker. There are many people that are multimillionaires from gambling in these two disciplines specifically. Like anything else in order to be good, you must study it and practice proper cash management. With regard to the table games like blackjack, slots, etc you will lose in the long run, but they can be entertaining when under control.

Straux

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Everyone does lose in the long run. The house edge ensures that. On average, with a 1% house edge, you lose 1% of your roll every time. It doesn't sound very daunting now, does it? But statistically, with a 1% house edge, after 100 rolls, you'll lose everything. Now that's daunting.

But gambling is luck. Gambling is chance. You could lose everything in your first 10 rolls! Or maybe not lose everything until your thousandth roll. But it all comes down to one thing - if you don't stop, you'll lose. You'll lose some time. The only matter is when.

poplolnman

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Quote from: AtheistAKASaneBrain on December 21, 2015, 09:45:56 AM

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, then you end up lossing it all.

Most people always feel they will never lost once they get straight win yeah it was gambler problem.
And likely it would be hard to handle that feeling due the atmosphere while we are on the field doing gamble have different situation with the theory we mentioned here.
It's easy to speak than do it.

YuginKadoya

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Quote from: jpouza on December 25, 2015, 05:56:43 PM

Quote from: AtheistAKASaneBrain on December 21, 2015, 09:45:56 AM

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, then you end up lossing it all.

OP is right, everyone looses in the long way, no one get alive in this territory.

Yup! certainly I say to you that gambling is just for losing money, ending in a state that you will never turn your back in gambling will make you no good and could cause addiction in your part, but you can gamble because gambling is not wrong it is on the person if he's gonna abuse it.

jpouza

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Quote from: AtheistAKASaneBrain on December 21, 2015, 09:45:56 AM

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, then you end up lossing it all.

OP is right, everyone looses in the long way, no one get alive in this territory.

AtheistAKASaneBrain

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If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, then you end up lossing it all.

pawel7777

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Quote from: n2004al on December 21, 2015, 08:54:45 AM

Quote from: LuckyYOU on December 14, 2015, 03:42:17 PM

House will always have the most profits, doesn't matter how much you win. In the end you will lose more than you win.
Unless you're some kind of pro gambler and now all the strategies to keep on winning.

Have you meet in your life only one of that kind of "pro gamblers"? Have you seen in your life only one of that kind of species? Or you have seen them only on the Hollywood movies. I bet that is only the second option. Because cannot be "pro" someone in something when the word "pro" have no meaning. To be "pro" mean to be professional. How can be possible to be professional in something who want only LUCK and nothing else? Except some rare games played face to face or only with your own which maybe have to do a little with some knowledge or psychology (but that have nothing to do with the being or naming the players as "pro") all the other kind of gambling at casinos or in online gambling sites want only LUCK. That doesn't mean at all that someone of them named above, independently in which of groups is classified, including here all the other possible gamblers of every kind, are immune from the lose for sure in long term. The latest named end is inevitable for everyone who gamble. For to many reasons. To name some, addiction and proud to be invincible firsts and then the satisfaction that is proven in lose money or the desire to be within a casino only to be here and to feel part of the world of gambling.

'Pro' means you do make a living by gambling. Whether it's down to luck or skills is not that relevant.

Out of curiosity, would you say that brain-surgeries cannot be classed as profession as there's always some luck factor involved, with some of procedures having only small % chances of going right.

There's also huge difference between playing 'luck' games (dice, roulette etc) and poker or sport betting.

Oscoda

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If you gamble everyday then yes you will lose in the long run. There's no denying in that. The house will always be the more profitable party in gambling.
This is why it's best to gamble just for entertainment and when you can afford it.

n2004al

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Quote from: LuckyYOU on December 14, 2015, 03:42:17 PM

House will always have the most profits, doesn't matter how much you win. In the end you will lose more than you win.
Unless you're some kind of pro gambler and now all the strategies to keep on winning.

Have you meet in your life only one of that kind of "pro gamblers"? Have you seen in your life only one of that kind of species? Or you have seen them only on the Hollywood movies. I bet that is only the second option. Because cannot be "pro" someone in something when the word "pro" have no meaning. To be "pro" mean to be professional. How can be possible to be professional in something who want only LUCK and nothing else? Except some rare games played face to face or only with your own which maybe have to do a little with some knowledge or psychology (but that have nothing to do with the being or naming the players as "pro") all the other kind of gambling at casinos or in online gambling sites want only LUCK. That doesn't mean at all that someone of them named above, independently in which of groups is classified, including here all the other possible gamblers of every kind, are immune from the lose for sure in long term. The latest named end is inevitable for everyone who gamble. For to many reasons. To name some, addiction and proud to be invincible firsts and then the satisfaction that is proven in lose money or the desire to be within a casino only to be here and to feel part of the world of gambling - and then spent there all your money.

lite

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Quote from: DimensionZ on December 16, 2015, 09:59:32 AM

When you are head it's better to stop before you end up on a bad streak and bankrupt.

Well when someone is on good winning streak/won lot of money they just don't stop, they want more and more money lol..

fravia

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of course everyone looses in a long term because of a wide variety of reasons first of all nearly every person is very greedy and does not know when to stop gambling, secondly every casino has a house edge which is impossible to beat thats why people always loose

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