Everyone looses in the long run - page 13.

erwin45hacked

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Quote from: bhadz on February 06, 2017, 10:26:50 PM

Quote from: upsidedown75 on February 06, 2017, 10:01:14 AM

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.

If the odds is high, that means your 'real' chance of winning is actually small although theoretically it still means 50 %, either you win or lose. The house doeant always win in the end however they will win in the long run on average and people just cant really tell the difference of these statements

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Quote from: bhadz on February 06, 2017, 10:26:50 PM

Quote from: upsidedown75 on February 06, 2017, 10:01:14 AM

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.

Exactly, there is a reason why gambling sites is very profitable and that is because of the house edge. They have the advantage over us and of course since it's provably fair, it cannot be rigged but we are only be entitled for some temporary win.

bhadz

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Quote from: upsidedown75 on February 06, 2017, 10:01:14 AM

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.

crwth

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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.

EdenHazard

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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.

shulio

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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

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

Quote from: wxa7115 on February 06, 2017, 11:19:30 AM

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.

There are people who happen to use gambling sites or Casino to relax and spend some time to forget any problem they had. Others go back to meet with their peers and have a chat. Though there are those who does not care about the suroundings and just focused on the game to win money. I think this is the beauty of gambling games, you can either play to win or to entertain yourself and refresh, removing all the stress given by your job. Though you better have control cause if you left your game unattended, you will lose in the long run.

Gameroid

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Quote from: wxa7115 on February 06, 2017, 11:19:30 AM

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.

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Quote from: erwin45hacked on February 06, 2017, 01:32:37 AM

Quote from: traderethereum on February 06, 2017, 12:58:07 AM

Quote from: erwin45hacked on February 06, 2017, 12:40:07 AM

Quote from: daringdiscovered on February 05, 2017, 09:57:30 PM

If anyone will be lucky everytime they will gamble, then they will just do it all day and won't go to their work anymore. And if that will be the situation then no casino or gambling sites will be made anymore. Because they will just lose money if people can always earn profit from their business. Gambling is just for entertainment and not a way to make money.

There is always a loophole to everything, if you think that people wont earn anything from gambling then that is so wrong. If people actually dont win anything from gambling then there wont be anyone that got extremely lucky and win thousands of dollars through gambling in vegas and other places

some people win from gambling and the other is loss, it will be change from time to time and we don't know who will be the winner for next round. but in the end, every people which playing gambling in the long run will looses his money without he can realize that he loss big money so be careful if you decide to playing gambling in the long run.

Gambling in the long run is fine if it is an EV+ gambling. People actually dont know this kind of stuff and just gamble blindly and lose. They expect things to be better in the long run however it will just get worse, the moment that they realized this stuff actually they have already spent and lose Lot of money

Well i think people need to research or know what they are doing especially in gambling. They should at least know the basic since all think that gambling is only affected by luck and there is no strategy or whatsoever to make your chance to win bigger, but I think otherwise. Proper planning and self control can make you walk away with a win.

chris200x9

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Quote from: wxa7115 on February 06, 2017, 11:19:30 AM

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.

Making long run win in gambling is not easy, but you can make this in skill games. If you are a pro in Poker game, you can make it. And you will play sports betting you have a chance to make this. But don't concentrate on high odds you only concentrate on low odds and place high amount. Sometimes we will get big losses because of unexpected results. If you can afford this loss, you can make a long run in sports betting.

wxa7115

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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.

shintosai

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Quote from: upsidedown75 on February 06, 2017, 10:01:14 AM

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Aside from those if you keep playing for a long time than you are bound to lose, its mathematically impossible for you to be profitable on the long run because of the odds of the house, there is always a house edge. Unless you play in a place with no house edge than you might overcome the house.

well its really a long discussion but only one concrete answer, you will always lose since there's a house edge that house getting from you and because of long period of playing chances of being greedy and forgetting how to manage your bankroll will be disregarded its always been this way better to stop and go or one shot hit then quit if you wants to earn little.

upsidedown75

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I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Aside from those if you keep playing for a long time than you are bound to lose, its mathematically impossible for you to be profitable on the long run because of the odds of the house, there is always a house edge. Unless you play in a place with no house edge than you might overcome the house.

conected

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Quote from: erwin45hacked on February 04, 2017, 11:46:23 AM

Quote from: conected on February 04, 2017, 09:38:56 AM

- Gambling is a game based on luck, although you can try to analyze or statistics, but you can still lose

Dont try to analyze anything as it wont really make any different at all unless it is sportsbetting however that is not really going to help much I doubt. In the end if it is an EV- games, you are going to lose no matter how good you are in analyzing if variance is not on your side, thats a fact that you should know

- Well, I never try to analyze anything in gambling, because if I too hope in something, I will be very disappointed when I know my prediction is wrong
- In fact, nothing is certain. And in sports betting we still be able lose, we do not need too try to analyze the statistics. Because the gambling is risky, and we have to take risks if we want to make a profit from it

erwin45hacked

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Quote from: traderethereum on February 06, 2017, 12:58:07 AM

Quote from: erwin45hacked on February 06, 2017, 12:40:07 AM

Quote from: daringdiscovered on February 05, 2017, 09:57:30 PM

If anyone will be lucky everytime they will gamble, then they will just do it all day and won't go to their work anymore. And if that will be the situation then no casino or gambling sites will be made anymore. Because they will just lose money if people can always earn profit from their business. Gambling is just for entertainment and not a way to make money.

There is always a loophole to everything, if you think that people wont earn anything from gambling then that is so wrong. If people actually dont win anything from gambling then there wont be anyone that got extremely lucky and win thousands of dollars through gambling in vegas and other places

some people win from gambling and the other is loss, it will be change from time to time and we don't know who will be the winner for next round. but in the end, every people which playing gambling in the long run will looses his money without he can realize that he loss big money so be careful if you decide to playing gambling in the long run.

Gambling in the long run is fine if it is an EV+ gambling. People actually dont know this kind of stuff and just gamble blindly and lose. They expect things to be better in the long run however it will just get worse, the moment that they realized this stuff actually they have already spent and lose Lot of money

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Quote from: erwin45hacked on February 06, 2017, 12:40:07 AM

Quote from: daringdiscovered on February 05, 2017, 09:57:30 PM

If anyone will be lucky everytime they will gamble, then they will just do it all day and won't go to their work anymore. And if that will be the situation then no casino or gambling sites will be made anymore. Because they will just lose money if people can always earn profit from their business. Gambling is just for entertainment and not a way to make money.

There is always a loophole to everything, if you think that people wont earn anything from gambling then that is so wrong. If people actually dont win anything from gambling then there wont be anyone that got extremely lucky and win thousands of dollars through gambling in vegas and other places

some people win from gambling and the other is loss, it will be change from time to time and we don't know who will be the winner for next round. but in the end, every people which playing gambling in the long run will looses his money without he can realize that he loss big money so be careful if you decide to playing gambling in the long run.

erwin45hacked

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Quote from: daringdiscovered on February 05, 2017, 09:57:30 PM

If anyone will be lucky everytime they will gamble, then they will just do it all day and won't go to their work anymore. And if that will be the situation then no casino or gambling sites will be made anymore. Because they will just lose money if people can always earn profit from their business. Gambling is just for entertainment and not a way to make money.

There is always a loophole to everything, if you think that people wont earn anything from gambling then that is so wrong. If people actually dont win anything from gambling then there wont be anyone that got extremely lucky and win thousands of dollars through gambling in vegas and other places

daringdiscovered

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Quote from: bitbob82 on February 05, 2017, 05:58:35 PM

Quote from: crwth on February 05, 2017, 01:40:33 PM

Quote from: serjent05 on February 05, 2017, 12:55:04 PM

Quote from: erwin45hacked on February 05, 2017, 12:20:47 PM

Quote from: PacePay on February 05, 2017, 10:49:38 AM

sports betting is really better because in these gambling people often rely on their previous knowledge and experience but when someone will play gambling in sites like dice then it will be only rely on luck

Sportsbetting rely on luck as well. You are going to know that everything actually relies on luck, even when you have did quite a few analysis for the match, it might screw you so dont think that with serious knowledge of the game you might be getting profit from sportsbetting, I'll tell you this , it isnt going to happen

I do agree that sports betting relies on luck too. Aside from that there are different result a person can bet making it harder for the gambler to win. There are certain sports betting games where we need to bet on which side to win and then the scores of each team plus the possible draw between the match. It is harder than we think and luck is much more needed in here

Everything is almost based on luck but doesn't depend on that too much. An analysis is still essential in winning, especially in sports betting. Better know what team you want to bet, how they play, who they are playing, what is their weakness, etc. Some would be difficult, but it's not impossible. Maybe you need luck on your side to win, and some underdogs will soon be the top teams, that can happen.

yes no doubt that luck play one of the most important part in our life. and specially while playing gambling where we mostly depend on our luck, therefore if someone have good luck in gambling he will make good money. keep it in your mind that one can not be luck for every time in gambling.

If anyone will be lucky everytime they will gamble, then they will just do it all day and won't go to their work anymore. And if that will be the situation then no casino or gambling sites will be made anymore. Because they will just lose money if people can always earn profit from their business. Gambling is just for entertainment and not a way to make money.

bitbob82

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Quote from: crwth on February 05, 2017, 01:40:33 PM

Quote from: serjent05 on February 05, 2017, 12:55:04 PM

Quote from: erwin45hacked on February 05, 2017, 12:20:47 PM

Quote from: PacePay on February 05, 2017, 10:49:38 AM

sports betting is really better because in these gambling people often rely on their previous knowledge and experience but when someone will play gambling in sites like dice then it will be only rely on luck

Sportsbetting rely on luck as well. You are going to know that everything actually relies on luck, even when you have did quite a few analysis for the match, it might screw you so dont think that with serious knowledge of the game you might be getting profit from sportsbetting, I'll tell you this , it isnt going to happen

I do agree that sports betting relies on luck too. Aside from that there are different result a person can bet making it harder for the gambler to win. There are certain sports betting games where we need to bet on which side to win and then the scores of each team plus the possible draw between the match. It is harder than we think and luck is much more needed in here

Everything is almost based on luck but doesn't depend on that too much. An analysis is still essential in winning, especially in sports betting. Better know what team you want to bet, how they play, who they are playing, what is their weakness, etc. Some would be difficult, but it's not impossible. Maybe you need luck on your side to win, and some underdogs will soon be the top teams, that can happen.

yes no doubt that luck play one of the most important part in our life. and specially while playing gambling where we mostly depend on our luck, therefore if someone have good luck in gambling he will make good money. keep it in your mind that one can not be luck for every time in gambling.

crwth

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Quote from: serjent05 on February 05, 2017, 12:55:04 PM

Quote from: erwin45hacked on February 05, 2017, 12:20:47 PM

Quote from: PacePay on February 05, 2017, 10:49:38 AM

sports betting is really better because in these gambling people often rely on their previous knowledge and experience but when someone will play gambling in sites like dice then it will be only rely on luck

Sportsbetting rely on luck as well. You are going to know that everything actually relies on luck, even when you have did quite a few analysis for the match, it might screw you so dont think that with serious knowledge of the game you might be getting profit from sportsbetting, I'll tell you this , it isnt going to happen

I do agree that sports betting relies on luck too. Aside from that there are different result a person can bet making it harder for the gambler to win. There are certain sports betting games where we need to bet on which side to win and then the scores of each team plus the possible draw between the match. It is harder than we think and luck is much more needed in here

Everything is almost based on luck but doesn't depend on that too much. An analysis is still essential in winning, especially in sports betting. Better know what team you want to bet, how they play, who they are playing, what is their weakness, etc. Some would be difficult, but it's not impossible. Maybe you need luck on your side to win, and some underdogs will soon be the top teams, that can happen.

Topic: Everyone looses in the long run - page 13. (Read 96775 times)