Everyone looses in the long run - page 7.

TheUltraElite

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Quote from: Ayers on February 13, 2017, 05:51:19 AM

i agree partially with this thread, not everyone lose with gambling, gambling rely on pure luck, some people are very luck and despite their huge amount of bets they still come up victorious and take to home a very nice profit, but i understand that for every 1 that is so lucky there are millions that are not

The topic is correct for the games where luck is the only determining factor - that is the casino games. They depend on your luck and if you are unlucky (like me) you will end up with a zero balance very soon.

The sports betting and poker are a bit different since there your knowledge and skills come into play. Though its possible to lose there as well, but at least your luck is not the only factor there.

Again I have seen many games to be fixed and people end up losing their bets there. So in all - your luck still can kill you there.

erwin45hacked

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Quote from: RoommateAgreement on February 13, 2017, 11:42:48 PM

not everyone likes sports or sports betting, and surely enough not everyone follows all the sports to have the information in order to be able to make a good prediction and a winning bet.
it is like trading in many senses, i trade happily and say why not everyone does it. but not everyone is capable of doing it the right way.

Dont ever consider gambling and trading pretty much the same. Unlike trading, gambling especially sportsbetting is hard to manipulate while trading is pretty much easy to manipulate if you have a group of people that owned alot of it . For example the current bitcoin price is just manipulation from chinese exchanger currently and people of the same group of the pumper is guaranteed to get huge profit in the long run while in gambling you are deemed to lose in the long run

RoommateAgreement

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Quote from: phr0stbyt3 on February 13, 2017, 03:18:56 PM

Quote from: Ayers on February 13, 2017, 05:51:19 AM

i agree partially with this thread, not everyone lose with gambling, gambling rely on pure luck, some people are very luck and despite their huge amount of bets they still come up victorious and take to home a very nice profit, but i understand that for every 1 that is so lucky there are millions that are not

I think you are wrong you should have said that not everyone wins in gambling but I agree to your point that 1 in every million is lucky so if you all think gambling is soo risky then why invest it.
Why don't people invest in sports betting instead as I have been betting for a long time and I found it less risky than gambling even though you can't double your investment with one bet always but it's still fine.

not everyone likes sports or sports betting, and surely enough not everyone follows all the sports to have the information in order to be able to make a good prediction and a winning bet.
it is like trading in many senses, i trade happily and say why not everyone does it. but not everyone is capable of doing it the right way.

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Quote from: phr0stbyt3 on February 13, 2017, 03:18:56 PM

Quote from: Ayers on February 13, 2017, 05:51:19 AM

i agree partially with this thread, not everyone lose with gambling, gambling rely on pure luck, some people are very luck and despite their huge amount of bets they still come up victorious and take to home a very nice profit, but i understand that for every 1 that is so lucky there are millions that are not

I think you are wrong you should have said that not everyone wins in gambling but I agree to your point that 1 in every million is lucky so if you all think gambling is soo risky then why invest it.
Why don't people invest in sports betting instead as I have been betting for a long time and I found it less risky than gambling even though you can't double your investment with one bet always but it's still fine.

There are plenty of losers because they do not actually treat gambling seriously, they just do it without a good amount of bankroll but they expected a great return. Whatever game you gamble, bankroll is necessary and your plan should more focus on the longer term and don't get too satisfied with some good streak as you can only determine if you were able to profit from it if you stop with a great return.

Rinder

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One thing is sure casinos house were made to give money to the owner and some few lucky people, outside those what happens at casinos is that your bitcoins will change hands all the times you gamble, some part of them will keep with you but you end loosing.
Even at sport betting you can be making good results, and from one moment to another start loosing, at gamble world you need besides money lucky, is the main key, dont talk about strategy.

phr0stbyt3

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Quote from: Ayers on February 13, 2017, 05:51:19 AM

i agree partially with this thread, not everyone lose with gambling, gambling rely on pure luck, some people are very luck and despite their huge amount of bets they still come up victorious and take to home a very nice profit, but i understand that for every 1 that is so lucky there are millions that are not

I think you are wrong you should have said that not everyone wins in gambling but I agree to your point that 1 in every million is lucky so if you all think gambling is soo risky then why invest it.
Why don't people invest in sports betting instead as I have been betting for a long time and I found it less risky than gambling even though you can't double your investment with one bet always but it's still fine.

RealPhotoshoper

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Quote from: Kasabus on February 13, 2017, 04:15:45 AM

Quote from: Text on February 13, 2017, 03:10:40 AM

Quote from: diegz on February 13, 2017, 02:58:23 AM

Aside from house edge, most of the time, gambling is always in the losing side. Even in a sports betting, sometimes a team or a player also lose even if all the predictions are in their favor. In the long run, you lose not just money in gambling, time and opportunities too in real life are gone when we are busy playing. It's good to put less priority in gambling so you won't lose a lot.

Yeah that's why I already I stopped from gambling online. For me betting is not a good source of income, I would rather to spend my time in work and make tasks with hundred percent sure that I can earn money without doubts.

That's a good progress for realizing you cannot get good return in gambling, you do a task and you are paid for it, some great, right. Actually, if you can manage to control yourself, you can always come back and gamble. For me, it is very entertaining and good thing to relieve some stress, you are busy working so you need to relax sometimes and gambling can give us that.

of course you should not make this kind hobby as your income source .
it has been a public seccret that the casino / bookmaker get profit rather than the players itself.
people aware about that but unfortunately because of addiction they really don't care in the end.

kidoseagle0312

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Quote from: LFC_Bitcoin on October 03, 2015, 05:20:31 PM

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. Sounds easy right? It should be but some people struggle.

Right, sounds easy for some few gamblers only, but in most of it are still stubborn on this matter, that's why many of the gambling sites get profit to those gamblers who became irresponsible themselves as being a player in the games. It is really much good for us to make it a hobby.

rindo

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Quote from: bhadz on February 13, 2017, 06:25:40 AM

Quote from: hirokazu on February 12, 2017, 04:00:56 PM

Quote from: bhadz on February 12, 2017, 11:17:43 AM

Quote from: erwin45hacked on February 11, 2017, 04:36:59 AM

Quote from: bhadz on February 11, 2017, 03:51:16 AM

When you experience complete losing, your feeling will trigger and you just want to keep on gambling.

That only happen when you still have fund to do so, if you dont then it is not going to happen. There is no doubt that this affect people alot however bear in your mind that gambling isnt supposed to make you win, if you lose then it is part of the game. It is also fine to do so when you can afford what you gamble

There are gamblers that are doing it even they don't have fund to do so. They are doing everything and keeps on putting idea on their minds that they can simply recover their losses on the same way of gambling. It's hard to believe that there are people that are in this situation, they are not realizing that most of us are just losing in the end.

That's a nice and logical way to see what happen in gambling cause of many of us see their lost as big hole to keep fire in the hole Cheesy

hahahahaha
While they don't know that the fact in gambling there's a moment when you win and also a moment you lost
So please wake up gamblers 😊

because of this, a game still better than gambling even the game need some depo before to play it..

If you are going to treat a game as simply game with deposit that's better rather than thinking you are playing game to make more money. There are people who are falling with that reason and the results are becoming worst that is leading them into losing a lot of bitcoin because they don't know that it can lead them to this situation.

bhadz

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Quote from: hirokazu on February 12, 2017, 04:00:56 PM

Quote from: bhadz on February 12, 2017, 11:17:43 AM

Quote from: erwin45hacked on February 11, 2017, 04:36:59 AM

Quote from: bhadz on February 11, 2017, 03:51:16 AM

When you experience complete losing, your feeling will trigger and you just want to keep on gambling.

That only happen when you still have fund to do so, if you dont then it is not going to happen. There is no doubt that this affect people alot however bear in your mind that gambling isnt supposed to make you win, if you lose then it is part of the game. It is also fine to do so when you can afford what you gamble

There are gamblers that are doing it even they don't have fund to do so. They are doing everything and keeps on putting idea on their minds that they can simply recover their losses on the same way of gambling. It's hard to believe that there are people that are in this situation, they are not realizing that most of us are just losing in the end.

because of this, a game still better than gambling even the game need some depo before to play it..

If you are going to treat a game as simply game with deposit that's better rather than thinking you are playing game to make more money. There are people who are falling with that reason and the results are becoming worst that is leading them into losing a lot of bitcoin because they don't know that it can lead them to this situation.

Ayers

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i agree partially with this thread, not everyone lose with gambling, gambling rely on pure luck, some people are very luck and despite their huge amount of bets they still come up victorious and take to home a very nice profit, but i understand that for every 1 that is so lucky there are millions that are not

erwin45hacked

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Quote from: TheUltraElite on February 13, 2017, 03:24:06 AM

The house edge is there to make the casino makers the real profitmakers. While people do know that, they still are willing the play - the reason is simple its greed which fuels these people and makes them suffer in the long run.

I dont really want to call it being greedy , I'd rather call it foolish. That is pretty much the same as gambling blindly without knowing anything at all. The only way for people to win is to expect it from EV+ games otherwise they wouldnt be able to win in the long run, I doubt that most people even know what this thing is

Superways

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Quote from: jossiel on February 13, 2017, 12:43:50 AM

Quote from: gandame on February 12, 2017, 06:08:22 AM

Everyone looses in a long run because of having no self control, and yet they wanted to win back again the money or bitcoin that had lost by playing gambling. They should not gamble for more bets so that they won't end up to lose in a long run as the rounds of gambling is very hot and tempting.

Whether you have a good control when you gamble. Losing in the long run in gambling will always happen and that's why I learned from it.

Because I thought that I'll be good in the long run but I wasn't able to beat the house with my way.

And I just end up losing in the long run.

A few days ago I continued to play in slot and I was winning a good profit from there at sometimes I decided to stop as I got a good amount in my account from the game and then I thought that I am well in earning from there why not to continue a little more to win and when I continued I then once again started to win and lose after intervals and in the last I lost all of which was in my account.

Kasabus

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Quote from: Text on February 13, 2017, 03:10:40 AM

Quote from: diegz on February 13, 2017, 02:58:23 AM

Aside from house edge, most of the time, gambling is always in the losing side. Even in a sports betting, sometimes a team or a player also lose even if all the predictions are in their favor. In the long run, you lose not just money in gambling, time and opportunities too in real life are gone when we are busy playing. It's good to put less priority in gambling so you won't lose a lot.

Yeah that's why I already I stopped from gambling online. For me betting is not a good source of income, I would rather to spend my time in work and make tasks with hundred percent sure that I can earn money without doubts.

That's a good progress for realizing you cannot get good return in gambling, you do a task and you are paid for it, some great, right. Actually, if you can manage to control yourself, you can always come back and gamble. For me, it is very entertaining and good thing to relieve some stress, you are busy working so you need to relax sometimes and gambling can give us that.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: amacar2 on February 13, 2017, 02:54:10 AM

If someone loss than he will try to put more and play again to recover what he have lost before and doing so he will actually loss all he have.

That is called chasing losses. It is a common mistake and normal human nature to extract revenge which is this case is about winning back the lost money. Many people dont realise that it is actually a trap and the more you play the more you lose. Eventually leading to a zero balance.

Quote

House edge also take big part in loss while playing for long time, all casino have set their own house edge to make sure casino will be in profit at long term.

The house edge is there to make the casino makers the real profitmakers. While people do know that, they still are willing the play - the reason is simple its greed which fuels these people and makes them suffer in the long run.

CHRISBIN702

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Quote from: LFC_Bitcoin on October 03, 2015, 05:20:31 PM

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. Sounds easy right? It should be but some people struggle.

That is very well said. If gambling can be looked at as a hobby or just as a form of entertainment, as the OP stated, then it can be exciting and even profitable. After all, I know people that go out and blow $150-$300 on dinner and a movie. That steak dinner has a 0% chance of sening you home with $1000 more than when you got there. Conversely, as a Las Vegas native, I know first/second hand the gravity that gambling possesses. It will turn good people bad very fast. I am lucky, no pun intended, to have been born with will power and can set a cap on the amount I intend to spend and walk away from a machine with my rent money in my pocket having only spent $40 dollars.

Text

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Quote from: diegz on February 13, 2017, 02:58:23 AM

Aside from house edge, most of the time, gambling is always in the losing side. Even in a sports betting, sometimes a team or a player also lose even if all the predictions are in their favor. In the long run, you lose not just money in gambling, time and opportunities too in real life are gone when we are busy playing. It's good to put less priority in gambling so you won't lose a lot.

Yeah that's why I already I stopped from gambling online. For me betting is not a good source of income, I would rather to spend my time in work and make tasks with hundred percent sure that I can earn money without doubts.

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Quote from: amacar2 on February 13, 2017, 02:54:10 AM

If someone loss than he will try to put more and play again to recover what he have lost before and doing so he will actually loss all he have.

House edge also take big part in loss while playing for long time, all casino have set their own house edge to make sure casino will be in profit at long term.

That's almost disorder of all gambling players, just like myself before, once I've lose I'm thinking to recover my loses and I ended up to lose my balances, after that I've learned a lesson that don't be greedy once you have lose because you will ended up to lose your all money.

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Quote from: amacar2 on February 13, 2017, 02:54:10 AM

If someone loss than he will try to put more and play again to recover what he have lost before and doing so he will actually loss all he have.

House edge also take big part in loss while playing for long time, all casino have set their own house edge to make sure casino will be in profit at long term.

Aside from house edge, most of the time, gambling is always in the losing side. Even in a sports betting, sometimes a team or a player also lose even if all the predictions are in their favor. In the long run, you lose not just money in gambling, time and opportunities too in real life are gone when we are busy playing. It's good to put less priority in gambling so you won't lose a lot.

amacar2

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If someone loss than he will try to put more and play again to recover what he have lost before and doing so he will actually loss all he have.

House edge also take big part in loss while playing for long time, all casino have set their own house edge to make sure casino will be in profit at long term.

Topic: Everyone looses in the long run - page 7. (Read 96775 times)