Everyone looses in the long run - page 136.

Heutenamos

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

Quote from: gogxmagog on October 07, 2015, 11:16:00 AM

the guys with a "system" are even worse. they need you to be just as deluded as they are. its sociopathic actually.

very true, i have seen doog doing it many times.lolll

Quote from: gogxmagog on October 07, 2015, 11:16:00 AM

if you can gamble for fun and know when to quit you'll be fine. everything else is suicide

NOt really the case ,i have won many coins at some time in my past on sports..
but if you were mean to say DICE etc.. probably it is.

BigMac

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Quote from: agustina2 on October 07, 2015, 07:41:24 AM

Quote from: ?? on ??

if you are smart enough and you can calculate the possibilites on gambling ,maybe you can do the long run with profit , but its all depend on your luck , in my opinion long run just waste time, why we need to waste more time if we can know the result as fast as it possible? if im lose 1btc in short run , then lose , nothing to be worried , if i win then i just win , gambling is about your brain and your luckyness

LOL why bother to calculate hard mathematical equation and scientific calculation if all will depend on luck. Just bet and bet without strategy. Everyone knows that all gamblers will soon lost in the long run.

In some rare cases, betting could actually have a positive EV and you could take advantage of it if you notice it. IIRC a few sites were discovered to have rounding problem in multiplier for example, giving gamblers positive EV for a certain type of bets.

Bitcoin Marketing

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in BTC we trust

Keep in mind that there are slot games that the RNG is well known to be around 97% usually. So a player knows in advance his chances and still decide to play. Casino games are not only about making money, but about the fun, the design, the sounds and the entertainment while playing.

There are games in some casinos which are so fun to play and so enjoyable, that its like any other form of entertainment.
When you go to a movie, you pay $10 for the ticket, you sit in a chair 90 minutes and you get fun
When you play roulette, you deposit $10, you play, win lose, win lose and if you lose it all after 90 min, you had fun.

TheGr33k

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Quote from: darkangel11 on October 07, 2015, 04:51:44 PM

Quote from: TheGr33k on October 07, 2015, 04:43:46 PM

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.

I knew a guy who supported his entire family and lived comfortably off of just small-time gambling. I know that's not typical or something you can count on, but crazier things have happened.

I heard such stories and they are just as true as the ones about people who gambled their savings away and ended up under a bridge. It's a double edged blade Wink

This is correct and exactly the reason why I don't suggest living your life this way. You leave it up to chance and you're just as likely to end up with nothing.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: TheGr33k on October 07, 2015, 04:43:46 PM

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.

I knew a guy who supported his entire family and lived comfortably off of just small-time gambling. I know that's not typical or something you can count on, but crazier things have happened.

I heard such stories and they are just as true as the ones about people who gambled their savings away and ended up under a bridge. It's a double edged blade Wink

TheGr33k

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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.

I knew a guy who supported his entire family and lived comfortably off of just small-time gambling. I know that's not typical or something you can count on, but crazier things have happened.

iv4n

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Gambling is a dream. With little invest to make big money sounds attractive to many people, but in reality u need to have money if u wish to earn it. But as always there is exception there is a people with good prediction skills, with strategies ( for this u need money) that gamble and they live from it. So conclusion is that in gambling everything is possible.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: clixcoin on October 07, 2015, 10:32:34 AM

Quote from: BTCBinary on October 07, 2015, 10:23:58 AM

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.

Yes, on the long run you lose. That's why Professional players need to act like machines and know when to stop. However, even some Professional gamblers lose on the long run.

Yes that is true everyone lose in long run even some people are selling their winning strategy with claim of 100% win guarantee at dice site, really funny to see that kind of stupid thread.

The trick is to lose less than you previously won. Gambling isn't a bad thing you just need to know when to stop.

gogxmagog

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Ad maiora!

this is how degenerate gamblers think; they bet and lose most of the time, but they lie to themselves and everyone else. say a gambling addict loses 5000$ in one losing streak but then places one last bet and wins 50$... he will inevitably tell his friends he is UP 50$, that he WON 50$
in reality he is out of pocket 4950$ but since he is an addict he does what all addicts do. he minimizes his losses and exaggerates his winnings.

gambling's for fools you know you're going to lose, but that's the way i like it baby, i dont want to live forever.

the guys with a "system" are even worse. they need you to be just as deluded as they are. its sociopathic actually.

if you can gamble for fun and know when to quit you'll be fine. everything else is suicide

clixcoin

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Quote from: BTCBinary on October 07, 2015, 10:23:58 AM

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.

Yes, on the long run you lose. That's why Professional players need to act like machines and know when to stop. However, even some Professional gamblers lose on the long run.

Yes that is true everyone lose in long run even some people are selling their winning strategy with claim of 100% win guarantee at dice site, really funny to see that kind of stupid thread.

BTCBinary

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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.

Yes, on the long run you lose. That's why Professional players need to act like machines and know when to stop. However, even some Professional gamblers lose on the long run.

YuginKadoya

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Gambling is a difficult issue because if it is done in moderation and only on occasion, it is a waste of money, but it is not necessarily evil. People waste money on all sorts of activities. Gambling is no more or less of a waste of money than seeing a movie (in many cases), eating an unnecessarily expensive meal, or purchasing a worthless item. At the same time, the fact that money is wasted on other things does not justify gambling. Money should not be wasted. Excess money should be saved for future needs or given to the Lord's work, not gambled away.

agustina2

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Quote from: ?? on ??

if you are smart enough and you can calculate the possibilites on gambling ,maybe you can do the long run with profit , but its all depend on your luck , in my opinion long run just waste time, why we need to waste more time if we can know the result as fast as it possible? if im lose 1btc in short run , then lose , nothing to be worried , if i win then i just win , gambling is about your brain and your luckyness

LOL why bother to calculate hard mathematical equation and scientific calculation if all will depend on luck. Just bet and bet without strategy. Everyone knows that all gamblers will soon lost in the long run.

StevenLiang

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Quote from: Dennis7777 on October 06, 2015, 06:56:05 PM

Quote from: BTCevo on October 06, 2015, 12:28:44 PM

Quote from: TheGr33k on October 06, 2015, 01:48:02 AM

Gambling is like a circle, you start with 0 profit and keep on going around the circle and start earning profits and a time comes when you have some good amount of profit but you still want to complete the circle and you reach the same starting point where the profit comes back to 0 and if you keep on following the circle your loss increases Tongue

I dont think this is how its works, yes sometimes you feel that you are in bottom and hope that you will end up winning and reach higher position but in the reality you wont even have a chance to reach higher because most people using big balance to reach higher meanwhile people that play using low balance will always in bottom

If you measure profit in absolute amount, then yes it is more likely for you to make a profit of 1 btc if you have a bankroll of 10 btc than 1 btc. But if you measure profit in %, then it is equally hard for you to get a 10% profit or to overcome a 5% loss regardless of your bankroll.

In my opinion, to get 10-15% profits from gambilng is quite easy.

The problem comes when someone want to double their money from 0.01 BTC to 1 BTC.

If we calculating in percentage, that is around
100% = 0.02
200% = 0.04
300% = 0.08
400% = 0.16
500% = 0.32
600% = 0.64
700% = 1.28 BTC

And that's why people always lose..

Dennis7777

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Quote from: BTCevo on October 06, 2015, 12:28:44 PM

Quote from: TheGr33k on October 06, 2015, 01:48:02 AM

Gambling is like a circle, you start with 0 profit and keep on going around the circle and start earning profits and a time comes when you have some good amount of profit but you still want to complete the circle and you reach the same starting point where the profit comes back to 0 and if you keep on following the circle your loss increases Tongue

I dont think this is how its works, yes sometimes you feel that you are in bottom and hope that you will end up winning and reach higher position but in the reality you wont even have a chance to reach higher because most people using big balance to reach higher meanwhile people that play using low balance will always in bottom

If you measure profit in absolute amount, then yes it is more likely for you to make a profit of 1 btc if you have a bankroll of 10 btc than 1 btc. But if you measure profit in %, then it is equally hard for you to get a 10% profit or to overcome a 5% loss regardless of your bankroll.

BTCevo

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Quote from: TheGr33k on October 06, 2015, 01:48:02 AM

Gambling is like a circle, you start with 0 profit and keep on going around the circle and start earning profits and a time comes when you have some good amount of profit but you still want to complete the circle and you reach the same starting point where the profit comes back to 0 and if you keep on following the circle your loss increases Tongue

I dont think this is how its works, yes sometimes you feel that you are in bottom and hope that you will end up winning and reach higher position but in the reality you wont even have a chance to reach higher because most people using big balance to reach higher meanwhile people that play using low balance will always in bottom

rickadone

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Long run is not a thing for a looser. Even in short term if you go with out any preparation then loosing in gambling is an obvious thing. A calculated bet can make you to stay with gambling for long run. But making yourself into profitable side is purely based on your skill set.

rivoke

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Quote from: Xenoph0bia on October 06, 2015, 10:50:20 AM

Yes, people always looses in the long run and addicted to the gambling is not at all good for them. Gamblers are the same as alcoholics, they lie and cheat the people they love so that they can carry on with their addiction. It is a true addiction if he says it is his life. That means gambling comes before you and your family, some gamblers are so addicted that they couldn't see that only the bookie wins.

No wonder if there are many suicide case by gambler Undecided

But to keep this happen, law enforcer and family are really hope for helping gambler to save him from depth

agustina2

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Yes everyone and that is true.

There was a man who hit a big jackpot. He able to hit that within a short run. If all will experience this they will just say "Im lucky" so rather than stopping they continue because of "luck". Then eventually boom.

Xenoph0bia

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Yes, people always looses in the long run and addicted to the gambling is not at all good for them. Gamblers are the same as alcoholics, they lie and cheat the people they love so that they can carry on with their addiction. It is a true addiction if he says it is his life. That means gambling comes before you and your family, some gamblers are so addicted that they couldn't see that only the bookie wins.

Topic: Everyone looses in the long run - page 136. (Read 96765 times)