Author

Topic: Everyone looses in the long run - page 130. (Read 96765 times)

legendary
Activity: 1386
Merit: 1016
October 20, 2015, 11:28:25 AM
I do agree that the house edge always gets you, now I'm not a gambler at all however in my early years I used to go to a local casino for half an hour and win around $15-30-50 a day. It was in an electronic type roulette. I swear I somehow learned a pattern where certain numbers kinda started to fall which eventually lead to me betting on number zero and win big.

The moral of the story is that, while I did this for a month or so and I was very disciplined (cashing out after I hit 0 or other number), one night I thought I was invincible and started playing BlackJack because I wanted more. I think I loss 30-40% of my winnings so far in that one night. So even if you somehow managed to get good in a game, a bad streak or a bad decision will take it all away eventually. The casino knows that when you win, you will come back to lose it all sooner or later.

I know what you are wondering, so why don't you just kept playing on the roulette? I did for a little why, but they eventually closed it and then later upgraded it for a new one. There was no pattern to learn on this one...  Cry

The most true words about gambling. A real story of everything I write in my posts about gambling since the first day I wrote about it. This post mus be read by everyone who gamble. Every word of this post is a precious lesson for every gambler. This story will be repeated always by everyone which will continue to gamble.

From above post:

The casino knows that when you win, you will come back to lose it all sooner or later.

This is the cruel true for every gambler. Gambling create addiction. The addiction create for sure loss of all the money. End of story.  Sad

yah, it is really very hard to stop. it is like when u r on a winning streak, you will believe you are and carry on playing. and when u lose a bit, you will bet more to win back cause u will believe you are winning, it is only when you lose quite a huge amount that you realise it is no longer and most of the time you end up losin becuz of that.
legendary
Activity: 1568
Merit: 1000
October 20, 2015, 11:23:44 AM
I do agree that the house edge always gets you, now I'm not a gambler at all however in my early years I used to go to a local casino for half an hour and win around $15-30-50 a day. It was in an electronic type roulette. I swear I somehow learned a pattern where certain numbers kinda started to fall which eventually lead to me betting on number zero and win big.

The moral of the story is that, while I did this for a month or so and I was very disciplined (cashing out after I hit 0 or other number), one night I thought I was invincible and started playing BlackJack because I wanted more. I think I loss 30-40% of my winnings so far in that one night. So even if you somehow managed to get good in a game, a bad streak or a bad decision will take it all away eventually. The casino knows that when you win, you will come back to lose it all sooner or later.

I know what you are wondering, so why don't you just kept playing on the roulette? I did for a little why, but they eventually closed it and then later upgraded it for a new one. There was no pattern to learn on this one...  Cry

The most true words about gambling. A real story of everything I write in my posts about gambling since the first day I wrote about it. This post mus be read by everyone who gamble. Every word of this post is a precious lesson for every gambler. This story will be repeated always by everyone which will continue to gamble.

From above post:

The casino knows that when you win, you will come back to lose it all sooner or later.

This is the cruel true for every gambler. Gambling create addiction. The addiction create for sure loss of all the money. End of story.  Sad

Thanks, while my story is actually a happy one since it was not really an addiction at all (that's also scarier, imagine what could happen if that was the case) I completely agree that these concepts and messages should always be mentioned first. This is a forum with very intelligent people, geeks, developers, etc and we somehow still fall for this mind tricks, it doesn't make sense.

Anyway, I still think that some types of gambling are ok to do once in a while. For example when there is no house edge, a lottery once in a while or maybe sports betting or betting on something that isn't going to take all your money the longer you play. If you are good at poker or predicting sports or whatever then YOU have the edge. With that said, just have fun like I did and forget about it no matter if you win or lose.
legendary
Activity: 1834
Merit: 1008
October 20, 2015, 06:00:11 AM
If you deposit at a gambling site then you should think what you deposit is already a lost that is why it will help to take some stress out if you really lose them all but if you make a little back then withdraw them and keep it safe until you decide to deposit it back to the site

This is a superb strategy.

But this strategy will not really useful if you lose and always keep it safe. Lets say that you dont withdraw them but stop for a while and then you will do the same as tmorow so you will safe the sending fee rather than put in and out your balance
legendary
Activity: 1134
Merit: 1000
October 20, 2015, 03:59:40 AM
I do agree that the house edge always gets you, now I'm not a gambler at all however in my early years I used to go to a local casino for half an hour and win around $15-30-50 a day. It was in an electronic type roulette. I swear I somehow learned a pattern where certain numbers kinda started to fall which eventually lead to me betting on number zero and win big.

The moral of the story is that, while I did this for a month or so and I was very disciplined (cashing out after I hit 0 or other number), one night I thought I was invincible and started playing BlackJack because I wanted more. I think I loss 30-40% of my winnings so far in that one night. So even if you somehow managed to get good in a game, a bad streak or a bad decision will take it all away eventually. The casino knows that when you win, you will come back to lose it all sooner or later.

I know what you are wondering, so why don't you just kept playing on the roulette? I did for a little why, but they eventually closed it and then later upgraded it for a new one. There was no pattern to learn on this one...  Cry

The most true words about gambling. A real story of everything I write in my posts about gambling since the first day I wrote about it. This post mus be read by everyone who gamble. Every word of this post is a precious lesson for every gambler. This story will be repeated always by everyone which will continue to gamble.

From above post:

The casino knows that when you win, you will come back to lose it all sooner or later.

This is the cruel true for every gambler. Gambling create addiction. The addiction create for sure loss of all the money. End of story.  Sad
legendary
Activity: 1064
Merit: 1000
October 18, 2015, 11:24:59 PM
If you deposit at a gambling site then you should think what you deposit is already a lost that is why it will help to take some stress out if you really lose them all but if you make a little back then withdraw them and keep it safe until you decide to deposit it back to the site

This is a superb strategy.
then you was already addicted on gambling.

Not necessarily, how does using the strategy listed above "make you addicted to gambling"? I think that the strategy listed above is a good mindset to have while gambling, and will not "make you addicted"
hero member
Activity: 847
Merit: 500
October 18, 2015, 09:56:17 PM
You're so right. For the most part. However, I do know of some people that make a profit from sports gambling. They research the  teams and spend a ton of time before making a wager
full member
Activity: 238
Merit: 100
October 18, 2015, 08:29:29 PM
If you deposit at a gambling site then you should think what you deposit is already a lost that is why it will help to take some stress out if you really lose them all but if you make a little back then withdraw them and keep it safe until you decide to deposit it back to the site

This is a superb strategy.
then you was already addicted on gambling.
legendary
Activity: 1470
Merit: 1002
October 18, 2015, 08:24:10 PM
If you deposit at a gambling site then you should think what you deposit is already a lost that is why it will help to take some stress out if you really lose them all but if you make a little back then withdraw them and keep it safe until you decide to deposit it back to the site

This is a superb strategy.

This is how I approach gambling. I really only gamble on poker and sports betting, and I do it for the entertainment. If I win, that's awesome, and if I lose, I was simply paying for entertainment.

I also started doing parlay betting on NFL a lot recently. It's quite a cheap hobby, and just being right a fraction of the time yields insane profits.

yah see it as a form of entertainment. and to be honest, you can bet for as cheap as $0.02, where can you find such cheap betting in real world betting. but just dont overdo it. it is one of the cheapest way for entertainment. movies or gaming or drinking cost way more.
legendary
Activity: 1526
Merit: 1034
October 18, 2015, 08:03:54 PM
If you deposit at a gambling site then you should think what you deposit is already a lost that is why it will help to take some stress out if you really lose them all but if you make a little back then withdraw them and keep it safe until you decide to deposit it back to the site

This is a superb strategy.

This is how I approach gambling. I really only gamble on poker and sports betting, and I do it for the entertainment. If I win, that's awesome, and if I lose, I was simply paying for entertainment.

I also started doing parlay betting on NFL a lot recently. It's quite a cheap hobby, and just being right a fraction of the time yields insane profits.
hero member
Activity: 742
Merit: 500
October 18, 2015, 07:40:45 PM
thats true i used to think that it is possible to beat the casino but the house edge the games have usually does not allow players to win in long run

gambling in casinos is just like the other gambling games and sites , there is no great difference i think , so you can win or lose depending in your luck and your strategy
hero member
Activity: 784
Merit: 500
October 18, 2015, 04:00:45 PM
If you deposit at a gambling site then you should think what you deposit is already a lost that is why it will help to take some stress out if you really lose them all but if you make a little back then withdraw them and keep it safe until you decide to deposit it back to the site

This is a superb strategy.

Yes, if you have enough money and you can afford to loose some of them then this strategy can be work but make sure to withdraw the profit immediately. As per me its not possible to avoid the losses, there are wins and losses and its a part of gambling but in the long run people always loose their money.
hero member
Activity: 784
Merit: 500
October 18, 2015, 03:51:09 PM
thats true i used to think that it is possible to beat the casino but the house edge the games have usually does not allow players to win in long run

Agreed with you, these houses are designed in such a way that no one will win in the long run. People will keep loosing the money if they did not stop as there they can not win continuously, people win one game and then looses two or three game in a row and at the end they will be in a huge loss.
sr. member
Activity: 406
Merit: 250
October 18, 2015, 03:08:22 PM
thats true i used to think that it is possible to beat the casino but the house edge the games have usually does not allow players to win in long run
legendary
Activity: 1008
Merit: 1001
Out of crypto entirely and don't miss it
October 18, 2015, 03:01:57 PM
If you deposit at a gambling site then you should think what you deposit is already a lost that is why it will help to take some stress out if you really lose them all but if you make a little back then withdraw them and keep it safe until you decide to deposit it back to the site

This is a superb strategy.
sr. member
Activity: 420
Merit: 250
October 18, 2015, 10:06:20 AM
Yes like my cousin always lose and he also use my balance because of his addiction.He cant stop it i told him dont play gambling with your feelings. just play with hard think before to bet... Im affected in his addiction tsk tsk tsk... no tommorow...
why the hell would you give your money to him ? wont you deny him ?
what do you mean by not to gamble with feelings ? hard think ?
in any case you would lose , no relation to feelings .
legendary
Activity: 1638
Merit: 1046
October 18, 2015, 06:22:53 AM
Yes like my cousin always lose and he also use my balance because of his addiction.He cant stop it i told him dont play gambling with your feelings. just play with hard think before to bet... Im affected in his addiction tsk tsk tsk... no tommorow...
hero member
Activity: 812
Merit: 1000
Act #Neutral,Think y'self as a citizen of Universe
October 18, 2015, 06:15:17 AM
if you guys said that long run =  lose , you can simply doing withdraw after/everywinning,and leave a little for gambling again, it'll give you low chance to be lose but it'll make low profit

Nope that it not considered as long run ,of course if you make just a couple of bets and withdraw its possible to gain some profit but as you repeat the method or sequence then you will lose all the deposited amount in some time ,which is assumed to be long run.
legendary
Activity: 1540
Merit: 1013
October 18, 2015, 02:33:07 AM
also to minimize the risks it's suggested to stabilize your number of bets daily, this way you can either win or just lose small or limited amount of your Bitcoins, so this can help gamblers too

Thats not helping at all. If you deposit at a gambling site then you should think what you deposit is already a lost that is why it will help to take some stress out if you really lose them all but if you make a little back then withdraw them and keep it safe until you decide to deposit it back to the site
full member
Activity: 140
Merit: 100
October 18, 2015, 02:11:07 AM
I tried to be a Gambler but I became a funds giver. LOL  Grin
hero member
Activity: 742
Merit: 500
October 17, 2015, 09:25:52 PM
Exactly... Everyone looses in long run.... A win for sometime doesnt guarantees you that will win later bets too... The basic way to continue in long run is to keep changing the strategies you use..

also to minimize the risks it's suggested to stabilize your number of bets daily, this way you can either win or just lose small or limited amount of your Bitcoins, so this can help gamblers too
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