Everyone looses in the long run - page 48.

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Quote from: tabas on September 29, 2016, 01:43:53 AM

Quote from: lister storm on September 28, 2016, 08:11:32 PM

Quote from: doomistake on September 27, 2016, 12:19:05 PM

I agree with what you've all said sir. Nobody wins in gambling because there's no such thing on gambling. Most of the people who do gambling thinks that they are lucky whenever they win, but is it really their luck because they win? I think it's not. Letting them win is just a plan of gambling houses like Casinos and so on. They are doing this on purpose in order to the gamblers get more addicted on what they are doing but most of the gamblers are just ignoring this fact about gambling that's why most of them ended up from a rich one to a broke one because they've loss all of their money and all their property in this stupid way of earning a living.

yeah, in gambling it is impossible to have a strategy that never fails so i think it is better to just not play gambling for a long time

Well we can't simply stop addicted gamblers and say that 'don't gamble if you don't want to lose' because there is an extreme feeling that they are not able to survive if they are not going to gamble. And I think that gambling is just designed for the gamblers to lose whatever is going to be their way of winning still in the end they are going to lose.

Losing in gambling is acceptable if we only lose the amount that we can afford to lose, that's is the basic principle in gambling that everyone should follow because once you lose your money not intended for gambling you will really regret the time you know gambling.

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Quote from: tabas on September 29, 2016, 01:43:53 AM

Quote from: lister storm on September 28, 2016, 08:11:32 PM

Quote from: doomistake on September 27, 2016, 12:19:05 PM

I agree with what you've all said sir. Nobody wins in gambling because there's no such thing on gambling. Most of the people who do gambling thinks that they are lucky whenever they win, but is it really their luck because they win? I think it's not. Letting them win is just a plan of gambling houses like Casinos and so on. They are doing this on purpose in order to the gamblers get more addicted on what they are doing but most of the gamblers are just ignoring this fact about gambling that's why most of them ended up from a rich one to a broke one because they've loss all of their money and all their property in this stupid way of earning a living.

yeah, in gambling it is impossible to have a strategy that never fails so i think it is better to just not play gambling for a long time

Well we can't simply stop addicted gamblers and say that 'don't gamble if you don't want to lose' because there is an extreme feeling that they are not able to survive if they are not going to gamble. And I think that gambling is just designed for the gamblers to lose whatever is going to be their way of winning still in the end they are going to lose.

yes and i hope before in the end of road, the gamblers will realize that he can loss all of the money so he can quit from gambling as soon as possible but if he just only thinking about how to win in gambling, then there is a big sign to loss all of his money.

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Quote from: lister storm on September 28, 2016, 08:11:32 PM

Quote from: doomistake on September 27, 2016, 12:19:05 PM

I agree with what you've all said sir. Nobody wins in gambling because there's no such thing on gambling. Most of the people who do gambling thinks that they are lucky whenever they win, but is it really their luck because they win? I think it's not. Letting them win is just a plan of gambling houses like Casinos and so on. They are doing this on purpose in order to the gamblers get more addicted on what they are doing but most of the gamblers are just ignoring this fact about gambling that's why most of them ended up from a rich one to a broke one because they've loss all of their money and all their property in this stupid way of earning a living.

yeah, in gambling it is impossible to have a strategy that never fails so i think it is better to just not play gambling for a long time

Well we can't simply stop addicted gamblers and say that 'don't gamble if you don't want to lose' because there is an extreme feeling that they are not able to survive if they are not going to gamble. And I think that gambling is just designed for the gamblers to lose whatever is going to be their way of winning still in the end they are going to lose.

lister storm

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Quote from: doomistake on September 27, 2016, 12:19:05 PM

I agree with what you've all said sir. Nobody wins in gambling because there's no such thing on gambling. Most of the people who do gambling thinks that they are lucky whenever they win, but is it really their luck because they win? I think it's not. Letting them win is just a plan of gambling houses like Casinos and so on. They are doing this on purpose in order to the gamblers get more addicted on what they are doing but most of the gamblers are just ignoring this fact about gambling that's why most of them ended up from a rich one to a broke one because they've loss all of their money and all their property in this stupid way of earning a living.

yeah, in gambling it is impossible to have a strategy that never fails so i think it is better to just not play gambling for a long time

STT

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Sports betting involves risk out of control of either party though, some would argue if its increasingly variable there is a greater opportunity to profit. This really relies on the gambler knowing the teams better then the sport betting company can summarise in the odds available. Alot of people are biased to their own team in the league and so they bet blindly not objectively, short story there is unless their own team is having a perfect season [the odds over months always wrongly underrated their now somehow perfect form] then they will lose their money like a normal gambler. Some people dont mind that, they are just supporters but also I think a professional gambler could find space in the odds more easily then a strictly regulated casino game.

This is probably also true in poker games, I dont play well enough but anything involving people could be unpredictable and so profitable to those so skilled. I even think this is true of blackjack, if you can find a real game with other actual people not just vs a computer dealer then you will do better ?

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Quote from: Fraxinus on September 28, 2016, 02:10:41 PM

Quote from: raaajlucky on September 28, 2016, 01:38:50 PM

Quote from: fatima zuhra on September 28, 2016, 12:42:50 PM

i think it s not necessary that every one loses in the long run, i have a person experience about this, i personally know about some people in fact they are also our relative that they made a good money in gambling,

In gambling, there are many people made a huge profit I agree that, But in which game your relative made good money, please share here. In slot games, it is not at all possible. I think he made a profit in sports betting or any other skill games like Poker etc. Because slot games are based on luck. The success will not work in long run method.

Yeah in sports betting or Poker you can actually make pretty good profit as lons as you do it for fun and also make some research beforehand,I think this way you have pretty good chance of winning

Even if you research your whole life about it, you will have to accept the fact that you will lose from time to time, if not a lot of times in a row. A player can fail, a 'disaster' can take place for a team, a team can have a bad day and so on. So even sports betting is very risky, I can say it's even as risky as a dice game is. Therefore, whether you're playing sports betting or in a casino, you can still lose as many time at both if you're unlucky.

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Quote from: raaajlucky on September 28, 2016, 01:38:50 PM

Quote from: fatima zuhra on September 28, 2016, 12:42:50 PM

i think it s not necessary that every one loses in the long run, i have a person experience about this, i personally know about some people in fact they are also our relative that they made a good money in gambling,

In gambling, there are many people made a huge profit I agree that, But in which game your relative made good money, please share here. In slot games, it is not at all possible. I think he made a profit in sports betting or any other skill games like Poker etc. Because slot games are based on luck. The success will not work in long run method.

Yeah in sports betting or Poker you can actually make pretty good profit as lons as you do it for fun and also make some research beforehand,I think this way you have pretty good chance of winning

raaajlucky

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Quote from: fatima zuhra on September 28, 2016, 12:42:50 PM

i think it s not necessary that every one loses in the long run, i have a person experience about this, i personally know about some people in fact they are also our relative that they made a good money in gambling,

In gambling, there are many people made a huge profit I agree that, But in which game your relative made good money, please share here. In slot games, it is not at all possible. I think he made a profit in sports betting or any other skill games like Poker etc. Because slot games are based on luck. The success will not work in long run method.

cjmoles

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This thread really demonstrates the level of understanding that people have concerning probability. It's a players choice to either bet when the odds are against them or bet when the odds are in their favor. If they consistently bet when the odds are against them, they will lose in the long run. The more they play against the odds, the greater the probability they will realize a negative return in the long run....period....it's just math. However, if a player plays when the odds are in their favor (like the house does), the greater the probability they will realize a positive return in the long run....Most casino games, booking agents, or cardrooms either have a house edge, take juice, or collect rake....That's a disclosed fact, so the numbers are there; we just need to understand them and learn to shop around for the best numbers, preferably numbers that give us the edge.

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i think it s not necessary that every one loses in the long run, i have a person experience about this, i personally know about some people in fact they are also our relative that they made a good money in gambling,

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Quote from: poplolnman on September 27, 2016, 12:06:35 PM

Quote from: YuginKadoya on September 22, 2016, 10:11:53 AM

Quote from: poplolnman on September 22, 2016, 05:22:13 AM

Quote from: hua_hui on September 22, 2016, 01:54:01 AM

Quote from: Caladonian on September 22, 2016, 12:21:02 AM

Quote from: hua_hui on September 21, 2016, 10:03:51 PM

Casino are setup to make sure that they can gain money. And where does these money come from, it came from the gamblers. The games that they have are carefully designed so that the gambler will always be in a disadvantage situation that make you lose most of the time. However, they also dont want to let the advantage to be so big until you see as no hope of winning.

completely right they will allow you to win little by little allowing you to think that you are getting advantage coming from it but for sure playing on a long run will take that advantage from you and start collecting their earning from your money keeps you lose from time to time you play.

Yup, that is the power of probability. There is hope that you can win by luck but the more you play, the power of probability will creep in and drain away all your profit and eat into your bankroll. So trying to win the casino is very hard in the long run and that is also why in this world, there are more and more casino popping out especially in this decade we even had Macau's casinos overtook LA.

things make everyone lost in the long run are when they have not a large bankroll enough and a bankroll management that can adjust between your losing and winning. they gamble blindly and in the end you just got losing more and more.

I think that most gambling methods works that way and even if you had a large amount of bankroll you can not predict the thing to bet on and the rink involve in playing gambling will always be there and for the down fall every gambler will only rely on luck alone! but at least there are certain gamblers that can pretty much handle it than becoming addicted over gambling.

with managing your bankroll i believe your chance to become addicted would be lesser than gamble rely on pure luck. people get addicted to gamble because they don't know the limit , they didn't see how much they have won , they have lost! it could be they still in profit even have lost 20 bitcoin? who knows.

But what if a gambler is already addicted to it? does any gambler that are already addicted can really manage is bankroll if he's already addicted? I think not, an addicted person does keeps on playing gambling even if he doesn't have enough money and keeping tabs with his limits because an addicted person will keeps on going until he is satisfied!

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Quote from: pearnapple on September 27, 2016, 06:36:18 PM

Quote from: Newcoins2020 on September 27, 2016, 06:25:03 PM

Quote from: buddu on September 27, 2016, 12:34:42 PM

We can say everyone because large number of gamblers face this type of destiny in short or long run. There are very few gamblers who most of the times win ,not always because this is not possible in any type of gambling else casinos enter in bankruptcy. Those very few don't represent the results and I have same to say, yes, everyone loses in long run.

It is a common fact that gambling is made for the house. It's the casino who earns from gambling first. Then there is a elite group of gamblers who either win of luck or skill.
ANd then there is a very large group (us) who gamble to get excitement and lose most of our gambling money.

thats true, i think that everyone will definitely lose money in a longer run, thats why it is so bad to be addicted

Based on my observation, I haven't seen many gamblers here sharing that they have won in gambling but I saw the other side which is the losers who are saying that they lose in gambling because the sites are rigged, sports are rigged, etc. I think that answers it all that we do lose in the long run.

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Quote from: Newcoins2020 on September 27, 2016, 06:25:03 PM

Quote from: buddu on September 27, 2016, 12:34:42 PM

We can say everyone because large number of gamblers face this type of destiny in short or long run. There are very few gamblers who most of the times win ,not always because this is not possible in any type of gambling else casinos enter in bankruptcy. Those very few don't represent the results and I have same to say, yes, everyone loses in long run.

It is a common fact that gambling is made for the house. It's the casino who earns from gambling first. Then there is a elite group of gamblers who either win of luck or skill.
ANd then there is a very large group (us) who gamble to get excitement and lose most of our gambling money.

thats true, i think that everyone will definitely lose money in a longer run, thats why it is so bad to be addicted

Newcoins2020

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Quote from: buddu on September 27, 2016, 12:34:42 PM

We can say everyone because large number of gamblers face this type of destiny in short or long run. There are very few gamblers who most of the times win ,not always because this is not possible in any type of gambling else casinos enter in bankruptcy. Those very few don't represent the results and I have same to say, yes, everyone loses in long run.

It is a common fact that gambling is made for the house. It's the casino who earns from gambling first. Then there is a elite group of gamblers who either win of luck or skill.
ANd then there is a very large group (us) who gamble to get excitement and lose most of our gambling money.

cjmoles

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Quote from: futurebit640 on September 27, 2016, 03:33:41 PM

Quote from: buddu on September 27, 2016, 12:34:42 PM

We can say everyone because large number of gamblers face this type of destiny in short or long run. There are very few gamblers who most of the times win ,not always because this is not possible in any type of gambling else casinos enter in bankruptcy. Those very few don't represent the results and I have same to say, yes, everyone loses in long run.

This is common in gambling. In gambling, only lucky persons will make a profit, and the luck will not come daily. And the winning strategy will not work in next bet. So suppose if you are in the long run win in any game. Quit the game where you think that you are in profit. If you continue the game means the end of the play you will make your wallet empty.

That's generally true in games that are based on purely chance....But, in skill based games, such as poker, the end result could be quite different depending on one's skill level. Plus, even in games of chance, the long term outcome could be positive if one consistently takes bets when the odds are in their favor like the house does. The house wins in the long run because the odds are in their favor. They design it that way....it's not luck. Put it this way, if I went to a bar and bet on my favorite football team and I only accepted bets from those who gave me a +37 point handicap, I'd win in the long run, right? ONLY ACCEPT BETS WHEN THE EXPECTED VALUE IS POSITIVE and one can EXPECT to win in the long run....It's a choice. <-- And, it's a skill to recognize when the odds are in one's favor....not luck!

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Quote from: buddu on September 27, 2016, 12:34:42 PM

We can say everyone because large number of gamblers face this type of destiny in short or long run. There are very few gamblers who most of the times win ,not always because this is not possible in any type of gambling else casinos enter in bankruptcy. Those very few don't represent the results and I have same to say, yes, everyone loses in long run.

This is common in gambling. In gambling, only lucky persons will make a profit, and the luck will not come daily. And the winning strategy will not work in next bet. So suppose if you are in the long run win in any game. Quit the game where you think that you are in profit. If you continue the game means the end of the play you will make your wallet empty.

buddu

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We can say everyone because large number of gamblers face this type of destiny in short or long run. There are very few gamblers who most of the times win ,not always because this is not possible in any type of gambling else casinos enter in bankruptcy. Those very few don't represent the results and I have same to say, yes, everyone loses in long run.

doomistake

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I agree with what you've all said sir. Nobody wins in gambling because there's no such thing on gambling. Most of the people who do gambling thinks that they are lucky whenever they win, but is it really their luck because they win? I think it's not. Letting them win is just a plan of gambling houses like Casinos and so on. They are doing this on purpose in order to the gamblers get more addicted on what they are doing but most of the gamblers are just ignoring this fact about gambling that's why most of them ended up from a rich one to a broke one because they've loss all of their money and all their property in this stupid way of earning a living.

Kotone

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Quote from: eann014 on September 25, 2016, 08:58:08 PM

Quote from: isildur1 on September 24, 2016, 10:49:21 PM

This is true but i know a small amount of people who do well as pro gamblers..

Only few gamblers become successful in gambling, because most of the time when we play gambling we can lose often than winnings. This is true even if we try to play gambling now for sure we can lose our money at the same time. So gambling sites owner is very lucky to have one.

Some of gamblers are not become succesful you know why gambling site is cna live long because those players who loses lots of bitcoin and thats the reason why it is good to have a gambling webstmite even you dont have work you can really live with bitcoins because of the profit.

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Quote from: YuginKadoya on September 22, 2016, 10:11:53 AM

Quote from: poplolnman on September 22, 2016, 05:22:13 AM

Quote from: hua_hui on September 22, 2016, 01:54:01 AM

Quote from: Caladonian on September 22, 2016, 12:21:02 AM

Quote from: hua_hui on September 21, 2016, 10:03:51 PM

Casino are setup to make sure that they can gain money. And where does these money come from, it came from the gamblers. The games that they have are carefully designed so that the gambler will always be in a disadvantage situation that make you lose most of the time. However, they also dont want to let the advantage to be so big until you see as no hope of winning.

completely right they will allow you to win little by little allowing you to think that you are getting advantage coming from it but for sure playing on a long run will take that advantage from you and start collecting their earning from your money keeps you lose from time to time you play.

Yup, that is the power of probability. There is hope that you can win by luck but the more you play, the power of probability will creep in and drain away all your profit and eat into your bankroll. So trying to win the casino is very hard in the long run and that is also why in this world, there are more and more casino popping out especially in this decade we even had Macau's casinos overtook LA.

things make everyone lost in the long run are when they have not a large bankroll enough and a bankroll management that can adjust between your losing and winning. they gamble blindly and in the end you just got losing more and more.

I think that most gambling methods works that way and even if you had a large amount of bankroll you can not predict the thing to bet on and the rink involve in playing gambling will always be there and for the down fall every gambler will only rely on luck alone! but at least there are certain gamblers that can pretty much handle it than becoming addicted over gambling.

with managing your bankroll i believe your chance to become addicted would be lesser than gamble rely on pure luck. people get addicted to gamble because they don't know the limit , they didn't see how much they have won , they have lost! it could be they still in profit even have lost 20 bitcoin? who knows.

Topic: Everyone looses in the long run - page 48. (Read 96765 times)