Everyone looses in the long run - page 63.

batang_bitcoin

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Quote from: Text on August 05, 2016, 04:13:31 AM

Rich people who are gambling doesn't have a problem regarding with their money because they can afford the losses. Gambling is not a solution for financial crisis, it is just a past time. The more you play, the higher the looses so you should play smart and limit your bets.

Of course they are rich so they don't even care if they are going to lose many times but it is still possible that they are going to lose everything when rage comes to them. Even they are rich they are not exempted into it. Better to be intelligent while playing gambling because for sure you don't know what's going to happen in the end.

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Quote from: Kyhm on August 03, 2016, 07:37:50 PM

Everybody loses in gambling in the long run successful bettors can make their living from sport bets and some gambling games. If you have great game plans, you can make a lot of money from betting. Just a have a great strategy on betting for you not to regret.

Yes that's for sure that everybody is losing in the long run with gambling it's either you are going to win in the beginning but you are going to lose in the end. So, be wise if you are going to gamble daily just manage your winnings to your savings so that you are not going to lose in the end.

no i do not thing so, although winning and loosing is the part of every game and gambling is also a game, as in most of the same luck play an important role so in gambling luck play important role, therefore id you are a lucky person you can certainly make good amount of money from gambling.

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Quote from: Text on August 05, 2016, 04:13:31 AM

Rich people who are gambling doesn't have a problem regarding with their money because they can afford the losses. Gambling is not a solution for financial crisis, it is just a past time. The more you play, the higher the looses so you should play smart and limit your bets.

Definitely not, because it will just worsen our current situation if we have the problem now. Gambling should not be the remedy to make money because it will not give us the money that we are hoping to make, the reality will always happen which is everyone loses in the long run.

Text

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Rich people who are gambling doesn't have a problem regarding with their money because they can afford the losses. Gambling is not a solution for financial crisis, it is just a past time. The more you play, the higher the looses so you should play smart and limit your bets.

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Quote from: EdenHazard on August 04, 2016, 03:19:18 AM

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Quote from: Kyhm on August 03, 2016, 07:37:50 PM

Everybody loses in gambling in the long run successful bettors can make their living from sport bets and some gambling games. If you have great game plans, you can make a lot of money from betting. Just a have a great strategy on betting for you not to regret.

Yes that's for sure that everybody is losing in the long run with gambling it's either you are going to win in the beginning but you are going to lose in the end. So, be wise if you are going to gamble daily just manage your winnings to your savings so that you are not going to lose in the end.

How gambling can be a wise action , since when? It is not a wise action at all.

If you do it , means you already know about the risk you will take and the other thing like gambling will ruin your life . Even you can manage your gambling financial , it is all about luck . Nobody knows you will lost in the long run or you will lost in the end?

Not all gamblers aim to make money in gambling because the rich people does not need the money to make them happy, so for them it is only wise to focus more on the entertainment to avoid the risk that gambling brought, and for the rich it is just wise for them to protect their wealth and not be addicted with gambling.

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Quote from: Kyhm on August 03, 2016, 07:37:50 PM

Everybody loses in gambling in the long run successful bettors can make their living from sport bets and some gambling games. If you have great game plans, you can make a lot of money from betting. Just a have a great strategy on betting for you not to regret.

Yes that's for sure that everybody is losing in the long run with gambling it's either you are going to win in the beginning but you are going to lose in the end. So, be wise if you are going to gamble daily just manage your winnings to your savings so that you are not going to lose in the end.

How gambling can be a wise action , since when? It is not a wise action at all.

If you do it , means you already know about the risk you will take and the other thing like gambling will ruin your life . Even you can manage your gambling financial , it is all about luck . Nobody knows you will lost in the long run or you will lost in the end?

dippididodaday

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It's personal

I think if people are a bit more educated about the math behind gamble and you can sort of try to get your head around it a little bit, then maybe peeps will be more cautious when gambling. One thing is for sure and that is that gamble can never be a quick fix for your financial problems.

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Quote from: Kyhm on August 03, 2016, 07:37:50 PM

Everybody loses in gambling in the long run successful bettors can make their living from sport bets and some gambling games. If you have great game plans, you can make a lot of money from betting. Just a have a great strategy on betting for you not to regret.

Yes that's for sure that everybody is losing in the long run with gambling it's either you are going to win in the beginning but you are going to lose in the end. So, be wise if you are going to gamble daily just manage your winnings to your savings so that you are not going to lose in the end.

That is why it is not advisable to gamble regularly because the more you gamble the more your chances of losing is getting bigger. If you are a wise person you should treat gambling as just a form of entertainment and nothing more as the moment you go beyond that limit you will be risking your self to experience the negative outcome in gambling.

I agree with that, you should't be gambling regularly. And don't forget the more you gamble the higher the chance you will get addicted to gambling. It is really hard to control your emotions offer a long period of time. I would advise anybody against too much gambling, better save your money.

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Quote from: Kyhm on August 03, 2016, 07:37:50 PM

Everybody loses in gambling in the long run successful bettors can make their living from sport bets and some gambling games. If you have great game plans, you can make a lot of money from betting. Just a have a great strategy on betting for you not to regret.

Yes that's for sure that everybody is losing in the long run with gambling it's either you are going to win in the beginning but you are going to lose in the end. So, be wise if you are going to gamble daily just manage your winnings to your savings so that you are not going to lose in the end.

That is why it is not advisable to gamble regularly because the more you gamble the more your chances of losing is getting bigger. If you are a wise person you should treat gambling as just a form of entertainment and nothing more as the moment you go beyond that limit you will be risking your self to experience the negative outcome in gambling.

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Gambling surely not for makes a living. I usually play poker with friends, either on real or on online. Just for fun only, although there is some people who too much spending time on it.

And btw, if i calculate all my earning's from gambling. I lose so much my precious time. Time is much more valuable than any money or currencies.

not sure if i will put my money on gambling

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OP, just as an aside, how did you ever get booted out of your sig campaign? Your posts definitely seem constructive, though I know this thread is old.

As far as the topic, I totally agree. It's the statistics that are against you, and also the compulsive desire to gamble that eventually gets you. Those two things will drive people to ruin. I've seen it, and I know most people who've posted in this thread and others have seen it. Christ, just look at the gambling section and notice all the people who whine about going bust. It's no joke. Do it for fun, but you have to limit yourself and don't cross the line into problem gambling. Easier said than done, I know.

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Everybody loses in gambling in the long run successful bettors can make their living from sport bets and some gambling games. If you have great game plans, you can make a lot of money from betting. Just a have a great strategy on betting for you not to regret.

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Quote from: Positid on August 03, 2016, 08:44:34 AM

Quote from: eann014 on August 03, 2016, 08:09:00 AM

Quote from: takingthis4 on August 01, 2016, 04:33:15 PM

Quote from: bluechipinvestor on July 31, 2016, 01:37:28 PM

Minimizing risks is a difficult task in business, sports and games, but it is possible.

well yeah, it will always be risky and in a longer run no matter what you will definitely lose all your money if you will not stop gambling at the correct time

We need to stop as possible if we are already losing more money especially when our personal income is affected.
We can play gambling or continue playing it as long as we just use our extra money and we lose money of the amount that we can afford to lose.

You are absolutely right, we should not put at risk our personal money not intended for gambling, the only money we should spend are the money we set aside for gambling, always consider that gambling is just for fun and we can never win that if we are just a typical gambler.

thats why im never putting my personal money into bitcoin gambling websites, i usually just play out of faucets in order not to lose anything

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Quote from: chixka000 on August 03, 2016, 03:44:27 AM

Quote from: mishra1994u on August 02, 2016, 07:06:15 AM

Yes i always believed that every one looses in long run in any type of gambling and no strategy will ever work.
But i think its possible to earn in the long run in sports betting which is also considered as gambling.With a lot of patience,planning,strategy and good knowledge of sports i believe its possible to earn there for a long run.

You are right because if we actually play with bots. You can never say that the game is fair to you or to all the users in that site. Not like sports betting in which you can really say that its fair because you can see everything.

No you can't. You can't see when people & race animals are doped up....

...or when a fight is "fixed."

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Quote from: Wandering Soul~ on July 31, 2016, 01:54:49 AM

Before going in to the gambling world, You must know what do to and what not to do.

Yes, I agree that gambling should be consider as a form of entertainment that one shouldn't gamble an amount they can't afford to lose. You must also know that generally the loss is much higher than profit.

Actually everyone who start gambling is considered a first timer.. Even if you are not a new gamblers and just trying out new gambling game, you will still be a first timer... At first if a gambler is not yet addicted, they are always careful about their bankroll, but as time pass they are going to go careless and recklessly betting lucky if they win and too bad if they lose, I guess that explains why in gambling every one looses in the long run..

We are only becoming addicted when we lose more than we win and that is because we are just human who are sometimes being enslave of our emotions that we can make a bad decision in gambling until we cannot control ourselves and will lose our precious money.

And that is the saddest reality because a gamblers with addiction needs to spend a lot of money to lose before he will realize that he is not doing the right thing in gambling, maybe because one is too desperate that is why he long for money in gambling.

Desperation is the right word yes I also think gamblers as they start gambling more and more become a lot desperate to win only because they know they lost a lot of money in past and hence they must win some. But if can understand a small thing that edge is always there against us, then maybe we stop gambling now.

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Quote from: newcripto on August 03, 2016, 09:36:53 AM

The only thing about gambling is sure that everyone at some point loose all winnings. it is only matter of time some people loose at start,some at medium period of their playing and few people who resist but reach to same fate in the end. I don't see any escape in long run whether you are experienced gambler or not you have to loose as this is obvious.

I've met a guy who won 10BTC in a day, so he quit his job to have more time to gamble. This guy was gambling all day, all night, even when he was out so he could get more and more profit. After having a +25BTC profit in a week, he rented a luxury house, paying the owner in BTC. This thing went so good for like 2 months and a half, until someone told him about a 'strategy' that works. He lost 6BTC in less than a minute with that "STRATEGY". So he panicked and didn't know what to do, ignored all our tips and he lost over 40BTC. So he didn't only loose his job because of gambling - he lost his friends (including me), his money, his home.. everything, basically.

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The only thing about gambling is sure that everyone at some point loose all winnings. it is only matter of time some people loose at start,some at medium period of their playing and few people who resist but reach to same fate in the end. I don't see any escape in long run whether you are experienced gambler or not you have to loose as this is obvious.

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Quote from: eann014 on August 03, 2016, 08:09:00 AM

Quote from: takingthis4 on August 01, 2016, 04:33:15 PM

Quote from: bluechipinvestor on July 31, 2016, 01:37:28 PM

Minimizing risks is a difficult task in business, sports and games, but it is possible.

well yeah, it will always be risky and in a longer run no matter what you will definitely lose all your money if you will not stop gambling at the correct time

We need to stop as possible if we are already losing more money especially when our personal income is affected.
We can play gambling or continue playing it as long as we just use our extra money and we lose money of the amount that we can afford to lose.

You are absolutely right, we should not put at risk our personal money not intended for gambling, the only money we should spend are the money we set aside for gambling, always consider that gambling is just for fun and we can never win that if we are just a typical gambler.

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Quote from: takingthis4 on August 01, 2016, 04:33:15 PM

Quote from: bluechipinvestor on July 31, 2016, 01:37:28 PM

Minimizing risks is a difficult task in business, sports and games, but it is possible.

well yeah, it will always be risky and in a longer run no matter what you will definitely lose all your money if you will not stop gambling at the correct time

We need to stop as possible if we are already losing more money especially when our personal income is affected.
We can play gambling or continue playing it as long as we just use our extra money and we lose money of the amount that we can afford to lose.

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Quote from: Altynbekova on July 30, 2016, 04:03:24 PM

This is a common fact. Everybody knows or should now you will lose more then you invest in.
That's how gambling always have been working and how it will always work. Some users win, 99.9% lose.

The problem is even those 0.01 or I will actually say 10% people who get lucky and win on a day are too much tempted and loose it all the next day or later. Once they loose they become more optimistic to win like they did earlier.

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