Everyone looses in the long run - page 133.

stingleword

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Out of crypto entirely and don't miss it

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

As the community manager and signature campaign director for a gambling site, I cannot stress this enough.
I have seen people wager more than they can afford to lose many times and it always leads to ruin - win or lose.

Gambling is for entertainment only, and is not a way to make money quick!
The Gambler's Fallacy is just that - a logical fallacy. You cannot predict a table or a game!

Never wager more than you are willing to lose!

leex1528

hero member

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Quote from: actmyname on October 12, 2015, 10:21:22 AM

Quote from: leex1528 on October 12, 2015, 10:13:03 AM

How do you figure there is a house edge in poker? Is poker gambling, are there professional players? What about professional blackjack players? There is even a house edge there. Don't say it isn't possible because obviously it is.

You lose in the long run.

Statistically, you will lose.
With a house edge of 1% if you play 100 times and win 50% of the time, you will be down in profit.

I think you are missing the point. I am stating it is possible to beat the house edge in certain games, mostly Blackjack for example where you can make the house edge disappear with card counting. In Poker there is no house edge, so again, you can easily win money from gambling, it depends on what you are gambling though.

actmyname

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Spear the bees

Quote from: leex1528 on October 12, 2015, 10:13:03 AM

How do you figure there is a house edge in poker? Is poker gambling, are there professional players? What about professional blackjack players? There is even a house edge there. Don't say it isn't possible because obviously it is.

You lose in the long run.

Statistically, you will lose.
With a house edge of 1% if you play 100 times and win 50% of the time, you will be down in profit.

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: actmyname on October 12, 2015, 10:06:11 AM

This is obvious. Everybody DOES lose, because of the fact that there's a house edge and you're not infinitely wealthy. It's simple statistics, really.

How do you figure there is a house edge in poker? Is poker gambling, are there professional players? What about professional blackjack players? There is even a house edge there. Don't say it isn't possible because obviously it is.

actmyname

copper member

Activity: 2562

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Spear the bees

This is obvious. Everybody DOES lose, because of the fact that there's a house edge and you're not infinitely wealthy. It's simple statistics, really.

rizkyhiw

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Quote from: shulio on October 12, 2015, 01:31:03 AM

Quote from: StevenLiang on October 11, 2015, 11:41:18 AM

Quote from: operrajunk74 on October 10, 2015, 04:42:11 AM

Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.

I must agree with you.
All your profits in gambling surely will less than your loss.

I usually thing play gambling is like "pay for the game".
First deposit amount of money is all payment that we think is ok to "pay".

I dont agree with you. Its true that I loss a lot at first gambling, but sooner this become lesser and at last I recovered my loss now Im still on gambling site playing with it. So all my loss is recovered plus I get some profit again so it is not like you said profit in gambling is less than your loss. It depends on people how they are doing the gambling thing

I could agree with you shulio, because we are talk as a winner not a loser.
It would be different talk if you and me on negative or lost situation.
The most important is how we do gamble on. If we play it reckless it would be calamity. If you play wisely it would be something good.

n2004al

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Quote from: 3Coins on October 12, 2015, 01:15:45 AM

just imagine or think whats in the mind of the owner of casino's and gambling sites, of course they want to earn, they did not set up this business to lose. so the one who loose in the long run is the the owners of casino's and gambling sites

You wanted to tell "so the one who win in the long run is (are) the the owners of casino's and gambling sites[/b]. At least this needed to be this sentence reading the previous one.

I your answer would be "yes" I want to have the power to put this post in every gambling thread. Not only for the words (that are excellent as for me) but because that words are written and I found in the gambling section and in a gambling thread. Maybe all the people who gamble understand this and be conscious that this is the cruel true of all the gamble business. Who want to play and spent pennies or few dollars there is no problem. Bot never more. Because I have doubts that everyone who gamble or want to gamble have the power to not be prey of addiction from gambling.

lexuz

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Me, myself and I

Quote from: shulio on October 12, 2015, 01:31:03 AM

Quote from: StevenLiang on October 11, 2015, 11:41:18 AM

Quote from: operrajunk74 on October 10, 2015, 04:42:11 AM

Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.

I must agree with you.
All your profits in gambling surely will less than your loss.

I usually thing play gambling is like "pay for the game".
First deposit amount of money is all payment that we think is ok to "pay".

I dont agree with you. Its true that I loss a lot at first gambling, but sooner this become lesser and at last I recovered my loss now Im still on gambling site playing with it. So all my loss is recovered plus I get some profit again so it is not like you said profit in gambling is less than your loss. It depends on people how they are doing the gambling thing

Gambling using method long run is same like you hold a bomb and it will explosive in the time you never know
In other word: you will lose all you have

YuginKadoya

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Quote from: shulio on October 12, 2015, 01:31:03 AM

I dont agree with you. Its true that I loss a lot at first gambling, but sooner this become lesser and at last I recovered my loss now Im still on gambling site playing with it. So all my loss is recovered plus I get some profit again so it is not like you said profit in gambling is less than your loss. It depends on people how they are doing the gambling thing

Gambling is depend on peoples luck, what if that person has 0% percentage of luck! there is not a chance he can manage
to take up all his loss in just 1 day, what if hes not lucky now but will be 90% lucky tomorrow but didn't play that day and
plays the day that his luck meter turns to zero again!? that is why you will never know your luck if you don't try it!
people tend not to try gambling because of experience in the first time they try it!

but in a long run you will never know if you losses or you gain if you not gamble!

Heutenamos

hero member

Activity: 812

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Act #Neutral,Think y'self as a citizen of Universe

Quote from: 3Coins on October 12, 2015, 01:15:45 AM

just imagine or think whats in the mind of the owner of casino's and gambling sites, of course they want to earn, they did not set up this business to lose.

Quote from: 3Coins on October 12, 2015, 01:15:45 AM

so the one who loose in the long run is the the owners of casino's and gambling sites

what are you even saying ? how do they lose ?
plus you dont even have a signature ?

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: StevenLiang on October 11, 2015, 11:41:18 AM

Quote from: operrajunk74 on October 10, 2015, 04:42:11 AM

Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.

I must agree with you.
All your profits in gambling surely will less than your loss.

I usually thing play gambling is like "pay for the game".
First deposit amount of money is all payment that we think is ok to "pay".

I dont agree with you. Its true that I loss a lot at first gambling, but sooner this become lesser and at last I recovered my loss now Im still on gambling site playing with it. So all my loss is recovered plus I get some profit again so it is not like you said profit in gambling is less than your loss. It depends on people how they are doing the gambling thing

3Coins

newbie

Activity: 42

Merit: 0

just imagine or think whats in the mind of the owner of casino's and gambling sites, of course they want to earn, they did not set up this business to lose. so the one who loose in the long run is the the owners of casino's and gambling sites

StevenLiang

full member

Activity: 168

Merit: 100

Quote from: operrajunk74 on October 10, 2015, 04:42:11 AM

Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.

I must agree with you.
All your profits in gambling surely will less than your loss.

I usually thing play gambling is like "pay for the game".
First deposit amount of money is all payment that we think is ok to "pay".

lorylore

legendary

Activity: 1470

Merit: 1002

Quote from: lemipawa on October 10, 2015, 10:57:13 PM

Quote from: jangloos on October 10, 2015, 08:05:34 AM

It is true that everyone looses in the long run.One can't just win always sometimes will experience bad time too and that time will loose from someone .

You can always check your betting history just like in MagicalDice, you check how many times you win and how many times you lose by checking your history. Secondstrade also have that function. If you see that the total numbers of loss is higher than the number of wins then maybe gambling is not for you.

it is not about how many games you win or lose. it is about how is ur overall profit and losses. some people have more wins than lose but they still lose a lot.

leex1528

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Activity: 784

Merit: 1000

We need to understand math here in order to understand if people can win from gambling long term. I am assuming we are talking about games with a house edge, and not sports betting or poker. Lets just look at blackjack, there are professional blackjack players who can manipulate the game into a favor for them. So they are able to profit in the long term. Even with an expected loss %, it is still possible to win long term, it is just not likely to happen.

WEBcreator

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Activity: 840

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Quote from: YuginKadoya on October 10, 2015, 03:21:25 AM

Quote from: WEBcreator on October 09, 2015, 12:18:40 PM

There are no such thing in this world. Gambling is pure on your luck, they can beat the house because of their luck not their spirit to play there or how good they are. Work hard in gambling is depends on your balance too, if you got good balance you will earn more and low balance you will earn less

Yup! the one that i was referring too are people with so much luck! they win with luck alone such people exist in this world.
and I am not one of them! Sad

There is no such people in this world. Much luck? What are you talking about? Luck is just luck there is no like much luck, people with luck will win just one time they can't even win big again and again

Anmol_Verma

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It depends on you if you are winner or loser but yeah most of people end up being loser

shulio

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Quote from: operrajunk74 on October 10, 2015, 04:42:11 AM

Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.

Nope it wont be that way either. I ever gamble and earn 0.1 per day. I can hold it until next week after that I lose then I stop and continue on the next day and I keep on winning again. Actually this is depends on your luck and your mind too. When you are going to stop on continue it. So playing for fun will not affect to gamble. Playing for fun will only wasting your money

lemipawa

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Quote from: jangloos on October 10, 2015, 08:05:34 AM

It is true that everyone looses in the long run.One can't just win always sometimes will experience bad time too and that time will loose from someone .

You can always check your betting history just like in MagicalDice, you check how many times you win and how many times you lose by checking your history. Secondstrade also have that function. If you see that the total numbers of loss is higher than the number of wins then maybe gambling is not for you.

birdcat90

hero member

Activity: 602

Merit: 500

Quote from: glass1pane on October 10, 2015, 06:05:00 AM

it is true and no mater how much money you have if you wont stop you will loose

thats is called gambling addiction..its so hard to fixed,,,

even we know that we will lose in the long run,,still we do gambling...maybe rehabilitation is needed..

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