Everyone looses in the long run - page 137.

StevenLiang

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Quote from: n2004al on October 06, 2015, 08:54:32 AM

Quote from: lemipawa on October 06, 2015, 03:53:02 AM

I always set aside an amount of coins for gambling.
If I reach a certain amount that I need to stop because of loses, I stop, If I reach a certain amount of winnings I stop.
It's tempting to max out my wallet but I always say to my self there's always tomorrow.

I can sure you that one day you will lose the control. Maybe after a big unexpected wining or big loss you will want more or want that you have lost. Or even only simple for another reason. It will always a reason for this. After the loss of control no one can stop you until you will have empty your pockets.

"I can sure you that one day you will lose the control."

Maybe yes or maybe not.

For some people on a gambling games, they already make a lot mistakes from the past.

And after many times experienced lose self-controlled when lose the game.

I think, they will have good self-controlled habits, or maybe they will spend less time on gambling.

Regards, and have fun with your time.

n2004al

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Quote from: lemipawa on October 06, 2015, 03:53:02 AM

I always set aside an amount of coins for gambling.
If I reach a certain amount that I need to stop because of loses, I stop, If I reach a certain amount of winnings I stop.
It's tempting to max out my wallet but I always say to my self there's always tomorrow.

I can sure you that one day you will lose the control. Maybe after a big unexpected wining or big loss you will want more or want that you have lost. Or even only simple for another reason. It will always a reason for this. After the loss of control no one can stop you until you will have empty your pockets.

shanem

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This is true for the vast majority. However, for a few people like Joca97, it is possible to win money slowly. It is important to be patient and not to rush when gambling.

patt0

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Quote from: lemipawa on October 06, 2015, 03:53:02 AM

I always set aside an amount of coins for gambling.
If I reach a certain amount that I need to stop because of loses, I stop, If I reach a certain amount of winnings I stop.
It's tempting to max out my wallet but I always say to my self there's always tomorrow.

I agree with the stop on loss, but why stop on winning? You could be limiting you winnings don't you think?
You could just keep going on winnings and stop if it changes direction. Like a trailing stop. I got that concept from trading which is pretty much like gambling and it worked for me.

LFC_Bitcoin

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It's not necessarily true that everybody loses in the long run but the vast majority do.

Gambling should just be a hobby, don't wager too much, use it to have fun & don't take it too serious.

You win some, you lose some.

lemipawa

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I always set aside an amount of coins for gambling.
If I reach a certain amount that I need to stop because of loses, I stop, If I reach a certain amount of winnings I stop.
It's tempting to max out my wallet but I always say to my self there's always tomorrow.

electronicfactura

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When we talk in the long run I will do agree with those who say everyone looses.You need to be lucky each time you play which doesn't work always.When we say some players win but there can very few people and those can not represent majority which looses in the long run.

DaddyMonsi

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If you know how to get a hold of your self while your are still winning then this (Everyone looses in the long run) will not happen to you.
Problem with some gamblers is they don't know how to control them selves. They don't know when to stop even if they hove no money to gamble.

coinplus

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I hear if you are capable to sustain for long run then we can start making profits, but this tread is saying totally reciprocal to my understanding. If you bet for small amount then you can get more chances, more chances means more time to test and get and idea of that game. This is the basics of long run. I do not know how long run hurts all the gamblers.

TheGr33k

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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

nickaizoku

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❃ CyberNick ❃

all gambler will play in long run, its depend on the gambler if successful to win and not greedy,
in short time can stop and be a winner so wont lose

SyGambler

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guess who's back

gambling can lead to a good living or very bad living , it depends on the player
there are smart gamblers who know what they are doing , just google about Phil Ivey gambling life ( not poker or sportsbetting )
you will see that he is smart as hell , he could turn -EV games into +EV using his brain , he was asking casino owners for example to give him 5 rooms in the hotel and let's say 10% lossback , after he made millions from them they realized that Ivey is having a huge edge

of course we are not even close to Ivey , but this may prove that the games depends mostly on the gamer
if the gambler is smart he should try to do what ivey did , or directly stick to poker only
thousands of people who are making living from gambling can't be fools

Shaco

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Quote from: jtalk on October 04, 2015, 11:01:21 AM

I do agree that everyone looses in the long run.It does not matter of professional or immature gambler.House always win in the long run everywhere whether it is online casino or offline (physical).When two professionals compete with each other there too only one of them wins.

Its why every game in the gambling industry is a form of a illusion to make you play their rigged rules.

You win anytime of their games youre officially going to be coming back. Hence the illusion part where they think they will win again.

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Quote from: BTCevo on October 05, 2015, 08:57:02 AM

Quote from: jtalk on October 04, 2015, 11:01:21 AM

I do agree that everyone looses in the long run.It does not matter of professional or immature gambler.House always win in the long run everywhere whether it is online casino or offline (physical).When two professionals compete with each other there too only one of them wins.

So what is the point people that using gambling as finance gamble if in the end they will lose it? There are many people that use gambling as their own finance to feed his family and it seems that everything run well

Some people who use gambling as their main source of income are either really skilled or really dumb. Those people who use gambling as a source of income, are usually professionals, so while they will lose they won't lose all of their finances. Gambling probably shouldn't be regarded as a source of income for the average person, as you will probably lose more than you can win.

michietn94

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Everybody has their own choice whenever to gamble or not since we all can read that don't gambling more than you can afford to lose , when learned math on Chance subject said that when you gambling , you will loss more than you can win

futurebit640

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Quote from: ajrah on October 05, 2015, 08:33:49 PM

I guess gambling is designed like that. At first it will allow you to win, then when it sinked in to your emotions and on your succeeding bets you will start to lose and you feel can't stop until you get your money back. But there are people who do this for fun, they are the one's who have enough money to gamble. But for those who doesn't, they should know their limits or else they might end up empty handed every time they play.

Yes I think most of the gamblers will have a same thinking that at the beginning some how they will win and when they continue with same intention of winning then they start losing money but what I know is people want to take back their losses from where they lost it. In the process of recovery they may lose more so it is better to put a break at some point instead continue betting until can loss every thing.

ajrah

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I guess gambling is designed like that. At first it will allow you to win, then when it sinked in to your emotions and on your succeeding bets you will start to lose and you feel can't stop until you get your money back. But there are people who do this for fun, they are the one's who have enough money to gamble. But for those who doesn't, they should know their limits or else they might end up empty handed every time they play.

wearepoor

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Agreed that everyone looses in the long run. I think gambling should be a hobby, something you do for fun. It's great when you win but you shouldn't gamble with amounts that you can't afford to lose. The only rule is to gamble responsibly & don't get yourself in financial trouble. people should know their limits when to stop and to prevent the possible loss.

BTCevo

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Quote from: jtalk on October 04, 2015, 11:01:21 AM

I do agree that everyone looses in the long run.It does not matter of professional or immature gambler.House always win in the long run everywhere whether it is online casino or offline (physical).When two professionals compete with each other there too only one of them wins.

So what is the point people that using gambling as finance gamble if in the end they will lose it? There are many people that use gambling as their own finance to feed his family and it seems that everything run well

thefaucetrunner

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Quote from: bithasher on October 05, 2015, 06:12:18 AM

Quote from: yanka50 on October 05, 2015, 02:43:47 AM

First you should define what a long run is - it could be 1 day it could be 90 years and second if nobody ever won in the long run why people are still playing?

Yes that is long run gambling has different meaning for each person because it is much hard to stop when we are on winning streak.

Agreed. I think the hardest thing with gambling is that people are quite easily drawn in on bigger wins/streaks and they still remember those wins even when they are losings.

The losses are easily forgotten/overridden by a big win - unless it's huge!

I try not to gamble my BTC (more than a few £ or so) as my faucets depend on it.

Topic: Everyone looses in the long run - page 137. (Read 96775 times)