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Topic: Everyone looses in the long run - page 2. (Read 96775 times)

hero member
Activity: 1302
Merit: 540
March 06, 2017, 01:12:50 AM
Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

It is game of chances however we know that it wont really work. We could say that if we play with a chance of 98 % chance to win all the time, it will be easy to avoid that 2 % chance to lose. Imagine the chance, it is really low and when we play we know that it happened alot and make us lose most of the time
That's where good strategy comes in, if you manage to do your best thing everytime you gamble, then you would see how it improves your chances in winning. Maybe you can try the first times, bet high and with a large amount at 95%. It's highly unlikely that you would lose the first time. Then lower the amount and continue to bet, and as you go further, wait for that losing moment then try it again.
maybe it will work for someone but not for everyone, chances to lose even its in a first try can be possible, we can't say what will be the result
until its already showing, but you are correct strategy can be learned and adding some it to your game will allow you to have better chance, just be more attentive and keep your self in control not by emotions.
hero member
Activity: 2856
Merit: 667
March 05, 2017, 11:00:35 PM
Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

It is game of chances however we know that it wont really work. We could say that if we play with a chance of 98 % chance to win all the time, it will be easy to avoid that 2 % chance to lose. Imagine the chance, it is really low and when we play we know that it happened alot and make us lose most of the time
That's where good strategy comes in, if you manage to do your best thing everytime you gamble, then you would see how it improves your chances in winning. Maybe you can try the first times, bet high and with a large amount at 95%. It's highly unlikely that you would lose the first time. Then lower the amount and continue to bet, and as you go further, wait for that losing moment then try it again.
That would not work at all, everything has been tried by me and since we do gamble in the long run, there are times that we really unlucky. Choosing high percentage of winning will only work for awhile and as long as there is a house edge, we are not excepted of losing.
I hope we will learn from our experience, in gambling, it's more fun choosing bigger payouts especially when we are lucky.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
March 05, 2017, 08:14:09 PM
Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

It is game of chances however we know that it wont really work. We could say that if we play with a chance of 98 % chance to win all the time, it will be easy to avoid that 2 % chance to lose. Imagine the chance, it is really low and when we play we know that it happened alot and make us lose most of the time
That's where good strategy comes in, if you manage to do your best thing everytime you gamble, then you would see how it improves your chances in winning. Maybe you can try the first times, bet high and with a large amount at 95%. It's highly unlikely that you would lose the first time. Then lower the amount and continue to bet, and as you go further, wait for that losing moment then try it again.
legendary
Activity: 1540
Merit: 1016
March 05, 2017, 01:36:48 AM
Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

It is game of chances however we know that it wont really work. We could say that if we play with a chance of 98 % chance to win all the time, it will be easy to avoid that 2 % chance to lose. Imagine the chance, it is really low and when we play we know that it happened alot and make us lose most of the time
sr. member
Activity: 784
Merit: 250
March 04, 2017, 11:20:21 PM
As I said in other parts of the forum,you need to split everything in other activities, not stick to once.

Agreed on this things, at least there is a reservation in fun of games. Where the gambler will not get easily bored in the games, if you want to shift into something you go to other place of games. Though losses is most often happened than winning, well its in the blood og being a gambler.
legendary
Activity: 1442
Merit: 1008
February 23, 2017, 04:52:12 PM
Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.
legendary
Activity: 938
Merit: 1002
February 23, 2017, 04:25:47 PM
It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

You are perfectly right , greed is the reason many lose in the long run but not everyone lose in the long run because if you study the fundamentals of financial management and know when to quit you'll never lose in the long run but you'll rather maximize your wins against your loses.
Actually every man is greedy by nature, just need for the opportunity and he will never let that opportunity free us. Similarly when a person start earning money from gambling then he want to continue earning money so as we mostly depend on our luck and  we cannot be lucky for every time.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 23, 2017, 02:26:40 PM
Gambling is an old exercise that even started with the Roman empire. It has existed for a very long time and I don't think it is going to die any soon. In fact, as days passes by, it gains more popularity. The problem is when people resort to gamble in order to gain instant riches. Of course there are some people who have won big but that is just a matter of chance. It is true that in the long run, you will have to loose to the casino because the casino exists to make money from you and not give you money.
I don't think gambling or casinos are ever going to be stopped and i don't think we should actually blame casinos for people losing money in long run or maybe losing in general. It is obvious and one should clearly know that if casinos could actually double our then they would have been closed years ago. And out of every 10 gamblers only 1-2 people have been lucky till date and actually became rich from gambling.

the one thing that we can blame is our self because if we don't stop for playing gambling then we are risk our money in the long run and in that times, if we don't have a luck, then we can loss every thing and its really hard to recover our money since the casinos won't let us to get our money back so better we don't playing gambling for the long run.
hero member
Activity: 672
Merit: 500
February 23, 2017, 10:57:07 AM
Gambling is an old exercise that even started with the Roman empire. It has existed for a very long time and I don't think it is going to die any soon. In fact, as days passes by, it gains more popularity. The problem is when people resort to gamble in order to gain instant riches. Of course there are some people who have won big but that is just a matter of chance. It is true that in the long run, you will have to loose to the casino because the casino exists to make money from you and not give you money.
I don't think gambling or casinos are ever going to be stopped and i don't think we should actually blame casinos for people losing money in long run or maybe losing in general. It is obvious and one should clearly know that if casinos could actually double our then they would have been closed years ago. And out of every 10 gamblers only 1-2 people have been lucky till date and actually became rich from gambling.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 23, 2017, 03:55:55 AM
It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

Many people do think of gambling as a big source of earning and think they can win jackpots and become millionaires. However they are the same people who after losing a big sum at the casino, complain that the casino is a scam one. Sometimes we must question these people that if they wanted to become millionaires then why are they getting angry on losses?

It is the greed which makes these people play more and more, and not concentrate on more productive stuff like getting a job or starting their own business which are good in the long term. Everyone wants to get rich in an easy way and no one wants to work hard for money.
sr. member
Activity: 1092
Merit: 271
February 23, 2017, 01:29:58 AM
Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
legendary
Activity: 1456
Merit: 1023
February 23, 2017, 01:15:09 AM
in fact making money is difficult for those people who do have any experience in gambling. people says that gambling is 100% depending on our luck but i would like to say that for gambling we also require experience, skill and knowledge. and specially in sports gambling where you need to know about the performance of the players their week and strong points and their interest and their nature of playing and then you can surely increase the chance of your winning in gambling.

It is depends on the luck however you should know what you are doing , if you just gamble like it is nothing and hope that good luck strike you then thats probably not going to happen or even if it happened the chances for it to happen is incredibly low . Try to go for EV+ games as you have better chance to win in those kind of games

I think it is not correct to gamble to make money even with any knowledge-based games as well because at the end only luck can bring us money in gambling, and all other things are just help to reduce your losses in the longer run. So just gamble once in awhile for fun with a small amount and if you're lucky then you make some money otherwise just enjoy the games.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 23, 2017, 01:02:16 AM
It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

You are perfectly right , greed is the reason many lose in the long run but not everyone lose in the long run because if you study the fundamentals of financial management and know when to quit you'll never lose in the long run but you'll rather maximize your wins against your loses.

Greediness is just normal and we know that it's a human nature but that's a real reason why we are also losing in the long run. Instead of saving the winnings that we got already when we gamble. We are not contented on what we win and we keep on gambling because we are hoping to get more money as we keep on going.

That is why most people don't make any profit from gambling. They are not easily satisfied with their profit even if it is already big. Greediness is normal. But if you can't stop or control yourself from it in the long run that will just result in gambling addiction which is not good. Amd you will just waste money in gambling sites/casinos.
Making money is very hard in gambling therefore it's would be very nice if we will not just aim for winning, instead we have to be satisfied with the entertainment that we can get and just let go of our loses. Besides, there are a lot of ways to make money which could give us a bigger chance of success, we should focus our time with it, one good example is investing and trading.
in fact making money is difficult for those people who do have any experience in gambling. people says that gambling is 100% depending on our luck but i would like to say that for gambling we also require experience, skill and knowledge. and specially in sports gambling where you need to know about the performance of the players their week and strong points and their interest and their nature of playing and then you can surely increase the chance of your winning in gambling.
If you say that it's difficult to make money from people who have experience in gambling,  where did they get the money from? It's weird,  are they a criminal? Or they have work? Anyway, having experience and knowledge with what you are playing on will really give you an advantage and strategy leading to winning streaks or profit, It's better that way also.

Yeah, instead of saying that it's difficult to earn money if a person has experience in gambling. I know that it's easier for them because they know how gambling is working behind their backs. They know the risk, they know that their winnings can be recovered by the house easily if they will let their greediness defeat them.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
February 23, 2017, 12:16:24 AM
It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

You are perfectly right , greed is the reason many lose in the long run but not everyone lose in the long run because if you study the fundamentals of financial management and know when to quit you'll never lose in the long run but you'll rather maximize your wins against your loses.

Greediness is just normal and we know that it's a human nature but that's a real reason why we are also losing in the long run. Instead of saving the winnings that we got already when we gamble. We are not contented on what we win and we keep on gambling because we are hoping to get more money as we keep on going.

That is why most people don't make any profit from gambling. They are not easily satisfied with their profit even if it is already big. Greediness is normal. But if you can't stop or control yourself from it in the long run that will just result in gambling addiction which is not good. Amd you will just waste money in gambling sites/casinos.
Making money is very hard in gambling therefore it's would be very nice if we will not just aim for winning, instead we have to be satisfied with the entertainment that we can get and just let go of our loses. Besides, there are a lot of ways to make money which could give us a bigger chance of success, we should focus our time with it, one good example is investing and trading.
in fact making money is difficult for those people who do have any experience in gambling. people says that gambling is 100% depending on our luck but i would like to say that for gambling we also require experience, skill and knowledge. and specially in sports gambling where you need to know about the performance of the players their week and strong points and their interest and their nature of playing and then you can surely increase the chance of your winning in gambling.
If you say that it's difficult to make money from people who have experience in gambling,  where did they get the money from? It's weird,  are they a criminal? Or they have work? Anyway, having experience and knowledge with what you are playing on will really give you an advantage and strategy leading to winning streaks or profit, It's better that way also.
legendary
Activity: 1064
Merit: 1000
February 23, 2017, 12:14:51 AM
in fact making money is difficult for those people who do have any experience in gambling. people says that gambling is 100% depending on our luck but i would like to say that for gambling we also require experience, skill and knowledge. and specially in sports gambling where you need to know about the performance of the players their week and strong points and their interest and their nature of playing and then you can surely increase the chance of your winning in gambling.

It is depends on the luck however you should know what you are doing , if you just gamble like it is nothing and hope that good luck strike you then thats probably not going to happen or even if it happened the chances for it to happen is incredibly low . Try to go for EV+ games as you have better chance to win in those kind of games
hero member
Activity: 770
Merit: 500
February 22, 2017, 11:39:49 PM
It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

You are perfectly right , greed is the reason many lose in the long run but not everyone lose in the long run because if you study the fundamentals of financial management and know when to quit you'll never lose in the long run but you'll rather maximize your wins against your loses.

Greediness is just normal and we know that it's a human nature but that's a real reason why we are also losing in the long run. Instead of saving the winnings that we got already when we gamble. We are not contented on what we win and we keep on gambling because we are hoping to get more money as we keep on going.

That is why most people don't make any profit from gambling. They are not easily satisfied with their profit even if it is already big. Greediness is normal. But if you can't stop or control yourself from it in the long run that will just result in gambling addiction which is not good. Amd you will just waste money in gambling sites/casinos.
Making money is very hard in gambling therefore it's would be very nice if we will not just aim for winning, instead we have to be satisfied with the entertainment that we can get and just let go of our loses. Besides, there are a lot of ways to make money which could give us a bigger chance of success, we should focus our time with it, one good example is investing and trading.
in fact making money is difficult for those people who do have any experience in gambling. people says that gambling is 100% depending on our luck but i would like to say that for gambling we also require experience, skill and knowledge. and specially in sports gambling where you need to know about the performance of the players their week and strong points and their interest and their nature of playing and then you can surely increase the chance of your winning in gambling.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
February 22, 2017, 11:34:51 PM
It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

You are perfectly right , greed is the reason many lose in the long run but not everyone lose in the long run because if you study the fundamentals of financial management and know when to quit you'll never lose in the long run but you'll rather maximize your wins against your loses.

Greediness is just normal and we know that it's a human nature but that's a real reason why we are also losing in the long run. Instead of saving the winnings that we got already when we gamble. We are not contented on what we win and we keep on gambling because we are hoping to get more money as we keep on going.

That is why most people don't make any profit from gambling. They are not easily satisfied with their profit even if it is already big. Greediness is normal. But if you can't stop or control yourself from it in the long run that will just result in gambling addiction which is not good. Amd you will just waste money in gambling sites/casinos.
Making money is very hard in gambling therefore it's would be very nice if we will not just aim for winning, instead we have to be satisfied with the entertainment that we can get and just let go of our loses. Besides, there are a lot of ways to make money which could give us a bigger chance of success, we should focus our time with it, one good example is investing and trading.
hero member
Activity: 700
Merit: 500
February 22, 2017, 11:12:20 PM
It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

You are perfectly right , greed is the reason many lose in the long run but not everyone lose in the long run because if you study the fundamentals of financial management and know when to quit you'll never lose in the long run but you'll rather maximize your wins against your loses.

Greediness is just normal and we know that it's a human nature but that's a real reason why we are also losing in the long run. Instead of saving the winnings that we got already when we gamble. We are not contented on what we win and we keep on gambling because we are hoping to get more money as we keep on going.

That is why most people don't make any profit from gambling. They are not easily satisfied with their profit even if it is already big. Greediness is normal. But if you can't stop or control yourself from it in the long run that will just result in gambling addiction which is not good. Amd you will just waste money in gambling sites/casinos.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 22, 2017, 09:43:10 PM
It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

You are perfectly right , greed is the reason many lose in the long run but not everyone lose in the long run because if you study the fundamentals of financial management and know when to quit you'll never lose in the long run but you'll rather maximize your wins against your loses.

Greediness is just normal and we know that it's a human nature but that's a real reason why we are also losing in the long run. Instead of saving the winnings that we got already when we gamble. We are not contented on what we win and we keep on gambling because we are hoping to get more money as we keep on going.
legendary
Activity: 1064
Merit: 1000
February 22, 2017, 08:14:30 PM
Controlling is another problem but it's really something that we need to do when we are gambling. Because the sure thing about house, the faor is always with them. The best thing to do is just to gamble for fun so when we win that will be a reward but if we lose, that's a thinking that we need to pay the entertainment we got from that casino.

Gambling is not something that you do for fun, it is something that involved money in the process therefore it is not something that could be taken for fun purposes . There are lot of things that could be used for fun however if you think that gambling is also for fun then you shouldnt be doing it as you will lose more when you have no conscience of what you are doing
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