Everyone looses in the long run - page 18.

Caladonian

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Quote from: Natalim on January 24, 2017, 09:22:47 PM

Quote from: RealPhotoshoper on January 24, 2017, 08:49:25 PM

Quote from: erwin45hacked on January 23, 2017, 01:29:25 AM

Quote from: diegz on January 23, 2017, 12:30:22 AM

Well, that's not always the case. Sometimes even if you have techniques or whatever that we do to make losing slow down, if not prevented it's not enough, remember, when we are betting, we depend on luck and not just any beliefs to win.

There is no such thing as believing that you will win. If everyone keep losing and no one wins then how is it possible that people keep coming back to the site? There is a thin line between a smart and a lousy gambler, for me I dont keep on rampaging my money when I lose in fact I tend to find and gamble EV + bet

Not noone wins , but most people who gamble is always in losing.
It is like there is 10 player, a casino gives 1 player to win and actually the funds is taken from the rest of 9 player.
Because there is house edge , then they take percentage from there , that's why it called 'everyone lost'.

There's plenty of games that has no house edge, one of them are sports betting or those that we call as skilled based games. It is not only the house edge that made us lose in the long run but the lack of discipline in gambling, we always want it instant and that makes us greedy. If we think it is easy to win in gambling then that would only make us lose as we will not work hard to discover a working method.

i guess there's also house edge from sports betting if you can see the diff from odd that's consider the house edge, and regarding to your statement it is correct that we make our loses because of lack of discipline when we are in the game we always wanted to win and to keep winning greediness follows and thats why we keep on losing.

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Quote from: RealPhotoshoper on January 24, 2017, 08:49:25 PM

Quote from: erwin45hacked on January 23, 2017, 01:29:25 AM

Quote from: diegz on January 23, 2017, 12:30:22 AM

Well, that's not always the case. Sometimes even if you have techniques or whatever that we do to make losing slow down, if not prevented it's not enough, remember, when we are betting, we depend on luck and not just any beliefs to win.

There is no such thing as believing that you will win. If everyone keep losing and no one wins then how is it possible that people keep coming back to the site? There is a thin line between a smart and a lousy gambler, for me I dont keep on rampaging my money when I lose in fact I tend to find and gamble EV + bet

Not noone wins , but most people who gamble is always in losing.
It is like there is 10 player, a casino gives 1 player to win and actually the funds is taken from the rest of 9 player.
Because there is house edge , then they take percentage from there , that's why it called 'everyone lost'.

There's plenty of games that has no house edge, one of them are sports betting or those that we call as skilled based games. It is not only the house edge that made us lose in the long run but the lack of discipline in gambling, we always want it instant and that makes us greedy. If we think it is easy to win in gambling then that would only make us lose as we will not work hard to discover a working method.

RealPhotoshoper

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Quote from: erwin45hacked on January 23, 2017, 01:29:25 AM

Quote from: diegz on January 23, 2017, 12:30:22 AM

Well, that's not always the case. Sometimes even if you have techniques or whatever that we do to make losing slow down, if not prevented it's not enough, remember, when we are betting, we depend on luck and not just any beliefs to win.

There is no such thing as believing that you will win. If everyone keep losing and no one wins then how is it possible that people keep coming back to the site? There is a thin line between a smart and a lousy gambler, for me I dont keep on rampaging my money when I lose in fact I tend to find and gamble EV + bet

Not noone wins , but most people who gamble is always in losing.
It is like there is 10 player, a casino gives 1 player to win and actually the funds is taken from the rest of 9 player.
Because there is house edge , then they take percentage from there , that's why it called 'everyone lost'.

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Quote from: mtnsaa on January 24, 2017, 07:15:18 PM

I've read lately somewhere that one should not only consider how much you are willing to lose when you enter a casino but what's the limit in terms of profits. I definitely agree with this since most of the times you bet, at least one time you're in the green, but you keep playing and lose it all. The hardest thing is walking away with just 10-20% profit.

That is not even the hardest thing I've ever heard 10-20% of profit is already a good reward for you. Why not try to consider those gamblers who are walking away without something and even lose a lot plus with debts pending to be paid by them? If you won 10%-20% that's a good thing that you should be thankful because most of us are just losing in the end.

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I've read lately somewhere that one should not only consider how much you are willing to lose when you enter a casino but what's the limit in terms of profits. I definitely agree with this since most of the times you bet, at least one time you're in the green, but you keep playing and lose it all. The hardest thing is walking away with just 10-20% profit.

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Quote from: bitcoinmasterlord on January 23, 2017, 12:00:44 PM

Quote from: shulio on January 23, 2017, 11:03:57 AM

Quote from: TheUltraElite on January 23, 2017, 04:10:22 AM

Most people start to gamble with an idea of having fun and entertainment in the first place.

There are alot of other entertainment but people choose to gamble? if you wonder why then probably you could think of the reason already, it is for money. More people is actually gamble for money instead of just having fun or atleast doing both of them, people still think that it is nice to win even when they are just having fun

Yup in gambling we have two advantages one is fun, and another one is money, we will get fun with profit that is why all people like gambling. But this fun will not get every time. The profit depends on your luck but the fun and entertainment you will get a lot in gambling.

Not all the time a gambler can guaranteed that gambling for fun only. Because there are times that can we can be tempted and always want to get some profit when we gamble. That's why we already know that gambling will just make us lose in the end and if you are wise enough and you already won some winnings better to stop that time.

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Quote from: bitcoinmasterlord on January 23, 2017, 12:00:44 PM

Quote from: shulio on January 23, 2017, 11:03:57 AM

Quote from: TheUltraElite on January 23, 2017, 04:10:22 AM

Most people start to gamble with an idea of having fun and entertainment in the first place.

There are alot of other entertainment but people choose to gamble? if you wonder why then probably you could think of the reason already, it is for money. More people is actually gamble for money instead of just having fun or atleast doing both of them, people still think that it is nice to win even when they are just having fun

Yup in gambling we have two advantages one is fun, and another one is money, we will get fun with profit that is why all people like gambling. But this fun will not get every time. The profit depends on your luck but the fun and entertainment you will get a lot in gambling.

If you win alot then you will be happy and will be having fun on the site , that is for sure however if you lose then you wont be happy at all. There is no fun in gambling if there is a real money involved in it and if you are risking your money then you should be taking it seriously instead of just having fun with it

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Quote from: romero121 on January 18, 2017, 02:15:20 PM

Loss is everywhere, but with gambling it stands next to us. Similar to the Op's question everyone looses in the long run. Because initially even without strategy people used to win, but when they always depend upon the luck without making strategies winning chances will go down slowly.

Yeah, whatever gambling game you are going to play, you are bound for losing. And if you think that playing casino online and real will differs, still you are bound for losing. It is just a matter on how you are going to take the advantage when you are winning while the money is still your hands, it's on how you are going to keep them.

This is false, there are casino games where you cannot win the long run like dice or games like that but there are games that if you have skill you can make profits games like poker which you can learn online or you can sports bet and make good profits.

So what do you think if 5 of you are online and playing poker and beating against each other. Do you think that it is false that all of you are going to win? Or you are going to believe that only a chosen one has the chance to win and all of you are bound for losing? And besides I don't treat gambling money as profit because you didn't work for it.

It is impossible for everyone to win since gambling it is a zero sum game, it is even possible that no one wins even in a poker table because of the rake every casino takes from every pot, but if you are against weaker players than you then your expected value it is positive and you will make some earnings in the long run, it is not about luck but about mathematics.

I doubt if you really know gambling well, in the first place, why would people gamble when it's impossible to win, knowing that it's impossible to win and still do gambling is only making them fool. I know it's very hard to win in gambling due to the edge they have and lack of discipline in our part but I don't think we cannot have a good day in gambling, we will experience a win and we have to make sure that is huge enough to quit.

At least take the time to read the post you are responding to, I did not say it was impossible to win I said it was impossible for everyone to win, some will win and some will lose, and if you took the time to read my post you will see I was talking about poker and in poker there is the possibility no one wins money in a table because in cash games the house gets a cut of every pot played and if the players are about the same level of skill then no one will obtain an edge over the other players.

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Quote from: shulio on January 23, 2017, 11:03:57 AM

Quote from: TheUltraElite on January 23, 2017, 04:10:22 AM

Most people start to gamble with an idea of having fun and entertainment in the first place.

There are alot of other entertainment but people choose to gamble? if you wonder why then probably you could think of the reason already, it is for money. More people is actually gamble for money instead of just having fun or atleast doing both of them, people still think that it is nice to win even when they are just having fun

Yup in gambling we have two advantages one is fun, and another one is money, we will get fun with profit that is why all people like gambling. But this fun will not get every time. The profit depends on your luck but the fun and entertainment you will get a lot in gambling.

shulio

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Quote from: TheUltraElite on January 23, 2017, 04:10:22 AM

Most people start to gamble with an idea of having fun and entertainment in the first place.

There are alot of other entertainment but people choose to gamble? if you wonder why then probably you could think of the reason already, it is for money. More people is actually gamble for money instead of just having fun or atleast doing both of them, people still think that it is nice to win even when they are just having fun

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I will say it actually depends on the position one is looking at losses in gambling in the log run for individuals engaging in gambling like myself and couple of others, I will say yes it is true but same thing cannot be said to the gambling site which will continue to win whether short term or long term simply because 'the house will always win' for them there is never losses in the long run and that is why for the reputable gambling sites, they have stayed with us for years and still counting.

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Quote from: Kotone on January 23, 2017, 09:36:39 AM

Quote from: TheUltraElite on January 23, 2017, 04:10:22 AM

Quote from: aardvark15 on January 22, 2017, 08:45:09 AM

I tend to agree that you will eventually lose in gambling always. It's better to just gamble for entertainment rather than to make money.

Most people start to gamble with an idea of having fun and entertainment in the first place. However the fun soon starts out to be an addiction due to tempting win of other players, jackpots, occasional bonuses that casino offer. In the end we have the same result - an addicted gambler about to become a beggar and ruin their live.

Its important to control your emotions while gambling. Otherwise you will have the same fate as everyone else - zero balance.

we all start gamble with no idea we are just reading mechanics or how the gamble works well if you had already experience or incounter any kind of gambling you can't say that you are professional already. Becoming addicted is when you chasing your lose from gambling or trying to hit the jackpot that can't you even get atleast 10% of it.

Well said if anyone chases their loss in gambling he/she is addicted to this gambling. Those who play for fun they will not make this mistake because they know it will not work and they will lose more money. And they invest amount only how much they can afford. Those who can not afford their loss and play gambling they are addicted gamblers. These kind of people will never make profit in long run, becasue they will not control there emotions when they are in long run win and finally they end with loss.

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Quote from: TheUltraElite on January 23, 2017, 04:10:22 AM

Quote from: aardvark15 on January 22, 2017, 08:45:09 AM

I tend to agree that you will eventually lose in gambling always. It's better to just gamble for entertainment rather than to make money.

Most people start to gamble with an idea of having fun and entertainment in the first place. However the fun soon starts out to be an addiction due to tempting win of other players, jackpots, occasional bonuses that casino offer. In the end we have the same result - an addicted gambler about to become a beggar and ruin their live.

Its important to control your emotions while gambling. Otherwise you will have the same fate as everyone else - zero balance.

we all start gamble with no idea we are just reading mechanics or how the gamble works well if you had already experience or incounter any kind of gambling you can't say that you are professional already. Becoming addicted is when you chasing your lose from gambling or trying to hit the jackpot that can't you even get atleast 10% of it.

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Quote from: aardvark15 on January 22, 2017, 08:45:09 AM

I tend to agree that you will eventually lose in gambling always. It's better to just gamble for entertainment rather than to make money.

Most people start to gamble with an idea of having fun and entertainment in the first place. However the fun soon starts out to be an addiction due to tempting win of other players, jackpots, occasional bonuses that casino offer. In the end we have the same result - an addicted gambler about to become a beggar and ruin their live.

Its important to control your emotions while gambling. Otherwise you will have the same fate as everyone else - zero balance.

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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.

It is really one of the hardest way to make money if you are going to treat gambling as source of your income. And it is already fated that a gambler will just lose in the end. So instead of thinking and aiming that you are going to win some amount, its better that you are just going to enjoy every single satoshi's that you are going to bet and just have fun.

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Quote from: erwin45hacked on January 23, 2017, 01:29:25 AM

Quote from: diegz on January 23, 2017, 12:30:22 AM

Well, that's not always the case. Sometimes even if you have techniques or whatever that we do to make losing slow down, if not prevented it's not enough, remember, when we are betting, we depend on luck and not just any beliefs to win.

There is no such thing as believing that you will win. If everyone keep losing and no one wins then how is it possible that people keep coming back to the site? There is a thin line between a smart and a lousy gambler, for me I dont keep on rampaging my money when I lose in fact I tend to find and gamble EV + bet

Yeah, because believing without doing the right action is not enough to win, it should be both present as the factors that is necessary to win in gambling. We cannot just believe in our self and just trust our luck to give us something we are expecting, it's not realistic anymore and most likely we will just lose and blame ourselves in the end.

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Quote from: diegz on January 23, 2017, 12:30:22 AM

Well, that's not always the case. Sometimes even if you have techniques or whatever that we do to make losing slow down, if not prevented it's not enough, remember, when we are betting, we depend on luck and not just any beliefs to win.

There is no such thing as believing that you will win. If everyone keep losing and no one wins then how is it possible that people keep coming back to the site? There is a thin line between a smart and a lousy gambler, for me I dont keep on rampaging my money when I lose in fact I tend to find and gamble EV + bet

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Quote from: diegz on January 22, 2017, 07:50:48 PM

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.

Even if you control your self, in the long run you will still lose. That's how gambling works and how the owner profit. The more you believe that when you control your self in gambling you will not lose, the more you will stay in the website and the more you will lose in the long run.

Though some people really believe that there is something at the end of the line in gambling, that's not true, the result of gambling is unpredictable, what is predictable is you will lose money and time there.

If you lose in gambling in the long run even if you have control in yourself then there might be wrong in the way you are gambling. Maybe you don't learn from your previous mistakes and keep repeating them that's why you are not earning any profit from your gambling for a long time. If you know how to control yourself in gambling then you won't let the casino take your money easily. And take any profit from the beggining you win some amounts.

Well, that's not always the case. Sometimes even if you have techniques or whatever that we do to make losing slow down, if not prevented it's not enough, remember, when we are betting, we depend on luck and not just any beliefs to win. Actually from the beginning, I don't believe that a gambler don't find a way to make himself comfortable in betting.

But still, in the end and in the long run you will still lose, though you could win one time or few times, when you sum it up, you still lose in time and money.

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Quote from: poplolnman on January 22, 2017, 12:01:09 PM

Quote from: aardvark15 on January 22, 2017, 08:45:09 AM

I tend to agree that you will eventually lose in gambling always. It's better to just gamble for entertainment rather than to make money.

yeah actually it has proven by a lot of research about how much chance a player can win against house edge? the answer was below 1 percent or so. pretty clear i guess for everyone to avoid gambling for making profit . do it for entertainment purpose only , it wouldn't be a matter at all even you always lost.

I don't even think that it is going to be lesser than 1 percent because most of the time we are less fortunate with gambling and it is making us lose all the time.

No matter how we are going to be good at any gambling game, higher chances of losing is always there.

There might be people who are really lucky enough but they are really one of the kind and that's not going to happen to us.

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Quote from: tabas on January 18, 2017, 10:04:28 PM

Quote from: romero121 on January 18, 2017, 02:15:20 PM

Loss is everywhere, but with gambling it stands next to us. Similar to the Op's question everyone looses in the long run. Because initially even without strategy people used to win, but when they always depend upon the luck without making strategies winning chances will go down slowly.

Yeah, whatever gambling game you are going to play, you are bound for losing. And if you think that playing casino online and real will differs, still you are bound for losing. It is just a matter on how you are going to take the advantage when you are winning while the money is still your hands, it's on how you are going to keep them.

This is false, there are casino games where you cannot win the long run like dice or games like that but there are games that if you have skill you can make profits games like poker which you can learn online or you can sports bet and make good profits.

So what do you think if 5 of you are online and playing poker and beating against each other. Do you think that it is false that all of you are going to win? Or you are going to believe that only a chosen one has the chance to win and all of you are bound for losing? And besides I don't treat gambling money as profit because you didn't work for it.

It is impossible for everyone to win since gambling it is a zero sum game, it is even possible that no one wins even in a poker table because of the rake every casino takes from every pot, but if you are against weaker players than you then your expected value it is positive and you will make some earnings in the long run, it is not about luck but about mathematics.

but i think there are so many people who are even making good money in gambling and specially in sports gambling. because in sports gambling you have the advantage to use your previous experience, knowledge and skill, but it is a fact the most gambling games depend on your luck except sports gambling.

i think sports betting is different than other gambling games, because in sports betting we need to know almost all about each of team so we can make prediction. but in other gambling games, maybe only a few of that games that need to analyze so finally we will be looses in the long run.

Topic: Everyone looses in the long run - page 18. (Read 96775 times)