Everyone looses in the long run - page 120.

futurebit640

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Quote from: BTCBinary on November 13, 2015, 01:22:48 PM

Yes everyone looses in the long run! But there's a lot of gamblers who have their working strategy and make a living out of it!

I think your wrong that you think lot of gamblers have a working strategy because if that is true by now many online gambling sites should have been closed but that is not happening means in gambling no working strategy is there. Only addicted gamblers thinking that there is working strategy so they will try every day and lose there money in gambling.

RealBitcoin

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Quote from: tommorisonwebdesign on October 03, 2015, 04:32:01 PM

Everyone looses in the long run

Let's be honest.

False, there is a probability that you can end up profitable in the long run.

There are 2 ways to make a profit from gambling : Bet a few times and win big, or Bet many times and win small and consistent.

Both scenarios are possible, although the probability is not high, however it is possible.

Ex:

1000 gamblers play slots for 100$ /day each. 600 of them might lose 100$ every day. The house wins from 100 players 10,000$/day, and the rest of the 400 gamblers win the money of the 500 losers (as 100 goes to the house).

So the probability is about 40% that you end up winner in the long run in this scenario.

This scenario is totally possible.

Eastwind

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Quote from: kpitti on November 13, 2015, 11:49:29 AM

I am pretty sure that everyone starts to gamble with idea to win. If there will be all winners in a long term then looser is gambling site. This is not real, it`s just opposite and everyone know it.

Gamblers are essential part of gambling industry. They provide funding to the industry by losing in the gambling process. There will be some winners, but majority of them will lose money to provide jobs in the industry and pay tax to the governments to support the whole society. Gamblers pay more tax than ordinary people.

Ninjaskills

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Quote from: gampher on November 11, 2015, 04:47:11 AM

Quote from: Ninjaskills on November 11, 2015, 02:47:52 AM

Quote from: StevenLiang on November 10, 2015, 11:07:33 AM

I know, it's me. Cry

That's suck to lose from first bet, and keep lose to get back first lost money.

I think gambling is place for spend money now.

you must have discipline in gambling, if you have it, if lost you will be keep calm
and not too ambitious to recover

discipline has nothing to do with it ,we all have that instinct to recover on loss.
plus i dont think disciplined people gamble ?

with discipline you will not do anything stupid, like when you lose and decided to gamble with maxbet
I think discipline is indispensable

tommorisonwebdesign

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Quote from: Xialla on November 13, 2015, 12:59:14 PM

Quote from: jpouza on November 12, 2015, 05:03:21 PM

Quote from: Xialla on November 11, 2015, 01:13:20 PM

.)) whores with signatures needs posts in gambling section, so they decided to create whole thread, how gaming is bad. this board is just amazing.

to topic, once you step to gamble, you already lost personally, regardless win/loss ratio and potentinal profit..

Wow, easy on the comments bro, totally ofensive.

People just needs to argue about long run here, and this depends at all in not getting emotional.

this shit what you just posted will be paid also?

BTCBinary

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Yes everyone looses in the long run! But there's a lot of gamblers who have their working strategy and make a living out of it!

Xialla

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/dev/null

Quote from: jpouza on November 12, 2015, 05:03:21 PM

Quote from: Xialla on November 11, 2015, 01:13:20 PM

.)) whores with signatures needs posts in gambling section, so they decided to create whole thread, how gaming is bad. this board is just amazing.

to topic, once you step to gamble, you already lost personally, regardless win/loss ratio and potentinal profit..

Wow, easy on the comments bro, totally ofensive.

People just needs to argue about long run here, and this depends at all in not getting emotional.

this shit what you just posted will be paid also?

Kevin77

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Quote from: kpitti on November 13, 2015, 11:49:29 AM

I am pretty sure that everyone starts to gamble with idea to win. If there will be all winners in a long term then looser is gambling site. This is not real, it`s just opposite and everyone know it.

Yes when entering into gambling I do see many people are making some profits with their small amount of bets. But when they persist long term with gambling, out of greedy they increase their betting amounts and ending up in losses. This is the usual thing happening with gamblers always.

kpitti

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I am pretty sure that everyone starts to gamble with idea to win. If there will be all winners in a long term then looser is gambling site. This is not real, it`s just opposite and everyone know it.

tsaroz

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Loosing or wining is a relative term. It depends on the perspective. Everyone dies one day. It doesn't mean that you loose. The real wining is in the moments you lived. Gamble responsibly. Gamble for fun. Don't gamble with life.

tommorisonwebdesign

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Quote from: YuginKadoya on November 13, 2015, 08:59:04 AM

Quote from: tommorisonwebdesign on November 13, 2015, 08:48:35 AM

Shut the fuck up you fucking loser. Go insult someone face to face so they can smash your face in. You even agree with me.

Whoow! hang in there dude no flaming in the thread there are certain people here who might give you a negative trust, or worse get ban in the forum, you don't want getting your account be deactivated right?

You're right. I've retracted that statement. I get hate mail all the time from the YouTube videos I appear in. Oh well, I apologize, but he was the one who flamed me first.

YuginKadoya

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Quote from: tommorisonwebdesign on November 13, 2015, 08:48:35 AM

Shut the fuck up you fucking loser. Go insult someone face to face so they can smash your face in. You even agree with me.

Whoow! hang in there dude no flaming in the thread there are certain people here who might give you a negative trust, or worse get ban in the forum, you don't want getting your account be deactivated right?

tommorisonwebdesign

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[snip]

Quote from: jpouza on November 12, 2015, 05:03:21 PM

Wow, easy on the comments bro, totally ofensive.

People just needs to argue about long run here, and this depends at all in not getting emotional.

Nah, some people just have no social skills whatsoever so they sit in front of the computer all day insulting people since they are so insecure abvout themselves.

fullypak

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Quote from: faince222 on November 11, 2015, 01:09:31 PM

Consider that in the long term, in every part where there is an house edge, you will lose all in the long term. If there isn't any house edge (for example in the poker) you have some possibility to win something.

I think not only people lose money on games where house edge is there but even in sports betting also many people lost lot of money because in gambling one must have some kind of luck to win any bet. So luck may not come every time and play for long time then one surely will lose at the end.

UnknownUsername

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Quote from: jpouza on November 12, 2015, 05:03:21 PM

Quote from: Xialla on November 11, 2015, 01:13:20 PM

.)) whores with signatures needs posts in gambling section, so they decided to create whole thread, how gaming is bad. this board is just amazing.

to topic, once you step to gamble, you already lost personally, regardless win/loss ratio and potentinal profit..

Wow, easy on the comments bro, totally ofensive.

People just needs to argue about long run here, and this depends at all in not getting emotional.

its totally true though, just read the whole pages probably people are just saying the same things.

jpouza

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Quote from: Xialla on November 11, 2015, 01:13:20 PM

.)) whores with signatures needs posts in gambling section, so they decided to create whole thread, how gaming is bad. this board is just amazing.

to topic, once you step to gamble, you already lost personally, regardless win/loss ratio and potentinal profit..

Wow, easy on the comments bro, totally ofensive.

People just needs to argue about long run here, and this depends at all in not getting emotional.

Xialla

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Activity: 1036

Merit: 1001

/dev/null

.)) whores with signatures needs posts in gambling section, so they decided to create whole thread, how gaming is bad. this board is just amazing.

to topic, once you step to gamble, you already lost personally, regardless win/loss ratio and potentinal profit..

faince222

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Consider that in the long term, in every part where there is an house edge, you will lose all in the long term. If there isn't any house edge (for example in the poker) you have some possibility to win something.

Betwrong

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Quote from: fruito on November 10, 2015, 01:01:28 PM

Quote from: Betwrong on November 10, 2015, 12:07:57 PM

Quote from: Cereberus on November 10, 2015, 12:03:37 PM

Quote from: StevenLiang on November 10, 2015, 04:33:49 AM

Indeed, if you can just play gambling for fun only and just play with profit from yesterday wins, gambling can be quite fun and challenging.

This is how i view it too. It is fun when you win. But don't let it get too far, just as you are saying, use your profit from day before.
If on a losing streak stop and walk away.

Yeah, but the problem is when you are on a losing you think it will end 2-3 bets from now, and you are betting and betting, getiing more and more reds.

And how about got profit first and then you lose all ? bad happiness.

Not sure I understand what "bad happiness" means ) but yeah, you are right in general, its much better to got profit first and then lose all which is left, sure )

EDIT: its better than deposit and lose all )

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Quote from: lixer on November 11, 2015, 09:13:33 AM

Quote from: poplolnman on November 11, 2015, 08:23:26 AM

Quote from: bank of bits on November 11, 2015, 02:37:35 AM

Quote from: poplolnman on November 10, 2015, 09:41:35 AM

Quote from: bank of bits on November 10, 2015, 09:07:32 AM

Quote from: bering on November 10, 2015, 05:51:50 AM

some people always felt curious if they lose by doing a gambling and will continue to do so until they could win
i think it is causing people looses in the long run

few people could recover their money, or maybe they will lose more
it seems all the more reason about loses long run, its there is it
did you ever see any other reason why lose in long run ?

people lose in long run because gamble company created to always win and make profit. only few gamble company got banckruptcy. but so many gambler got banckruptcy.

yeah true, you can check in dicesites.com, almost all of the company always win and profit

But I see there are some gambling site is lost?
is there someone who wins the long run on there ?

So the point are just gamble once you get profit and don't come back. Because your winning rarely back to back there. Right?
But since it's hard to leave gamble we have to accept that we are a loser soon.

I do see some gamblers getting profit on their first attempt or being newbie itself they are cracking some profit from gambling. But when they get grow in gambling they are getting greediness or tention and they are slowly turning into looser.

They were just lucky enough to make some quick profit in the beginning ,as you don't get lucky every time but you do have the house edge all the time ,which got them busted .Not greed ,tension..etc....

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