Everyone looses in the long run - page 79.

Zooplus

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Quote from: Erza on July 07, 2016, 02:20:23 AM

Quote from: hermanhs09 on July 06, 2016, 11:29:58 AM

House edge wont let you make profit constantly,what means you always loose at long run as you said.
This is the reason i always go big,because if you can win with casino big amount of money in few bets,it's fine and the more bets u do you have bigger chance for getting big losing streak.

Yes it is true that in the long run you will always lose it because there is a house edge which can let you win it but to play big amount, you will still lose it too although you play using low odds because there is no guarantee that you will sure win in gambling. All you have to do is to get some luck and then get big winning. Only some rich people dare to play big amount to earn a little profit because according to me that strategy sure is really bad strategy to use, suddenly you can lose everything that instant

That would only make it that we should not play games that has a house advantage if we don't want to lose in the long run, gambling is only good when we are only having fun doing some kind of games with house edge.

However, if you are serious with gambling and you want to make more money, you need to make the right research to select the right game for your where you can have a good chance to win.

Caladonian

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Quote from: Erza on July 07, 2016, 02:20:23 AM

Quote from: hermanhs09 on July 06, 2016, 11:29:58 AM

House edge wont let you make profit constantly,what means you always loose at long run as you said.
This is the reason i always go big,because if you can win with casino big amount of money in few bets,it's fine and the more bets u do you have bigger chance for getting big losing streak.

Yes it is true that in the long run you will always lose it because there is a house edge which can let you win it but to play big amount, you will still lose it too although you play using low odds because there is no guarantee that you will sure win in gambling. All you have to do is to get some luck and then get big winning. Only some rich people dare to play big amount to earn a little profit because according to me that strategy sure is really bad strategy to use, suddenly you can lose everything that instant

got something new so playing long time will ended you up losing so i did some experiment, i initially save all my btc from trading and sign campaign capital for my yobit dice game .06 btc first bet .018, if wins play same bet again if win again quit, lose scenario first bet .018 if lose bet .0018 if win double the bet if lose double again until you get reach .036 then quit. if busted keep away and make review or make some edit from the strategy keeping you bet with small amount of time. that's only the idea. good luck.

Erza

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Quote from: hermanhs09 on July 06, 2016, 11:29:58 AM

House edge wont let you make profit constantly,what means you always loose at long run as you said.
This is the reason i always go big,because if you can win with casino big amount of money in few bets,it's fine and the more bets u do you have bigger chance for getting big losing streak.

Yes it is true that in the long run you will always lose it because there is a house edge which can let you win it but to play big amount, you will still lose it too although you play using low odds because there is no guarantee that you will sure win in gambling. All you have to do is to get some luck and then get big winning. Only some rich people dare to play big amount to earn a little profit because according to me that strategy sure is really bad strategy to use, suddenly you can lose everything that instant

drwtsn32

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Quote from: serjent05 on July 06, 2016, 12:03:37 PM

Quote from: Maesters1- on July 06, 2016, 11:47:10 AM

Quote from: pocarime32 on July 03, 2016, 11:16:21 AM

I agree with OP. Everyone losses in the long run, especially on dice sites or casino games that have provably fair, but if you have big bankroll, you can go long run on it.

yes it a fact. i think every one know about this. buts still no one can still quit gambling. they have so many examples in front of them. but still they believe that they can earn from gambling and in the end they do advise to other to not to do gambling.

This is what you called gamble addiction and hypocrisy LOL. Anyway yes gambling will let you win at the beginning to trigger your inner greed and fortify your belief that "you can win next round". With the successful method of doing so, you ended up losing all at the long run. House EDGE kicks in, 20 x lose in a row and still believing you will win next time LOL.

Nice explanation. Of course you still continue because "Who knows" if I win this time or lose again.

CryptoBjorn

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Quote from: hermanhs09 on July 06, 2016, 11:29:58 AM

House edge wont let you make profit constantly,what means you always loose at long run as you said.
This is the reason i always go big,because if you can win with casino big amount of money in few bets,it's fine and the more bets u do you have bigger chance for getting big losing streak.

Big bets is less time on a casino because you lose your money faster. At least try to have the max. amount of fun out of it, if it's real money.
As you say yourself the long term will make you lose either way, then why blow it all away? It's a big waste of money if you ask me.

Sniper44

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Quote from: phreaky on July 06, 2016, 04:38:48 PM

Quote from: serjent05 on July 06, 2016, 12:03:37 PM

Quote from: Maesters1- on July 06, 2016, 11:47:10 AM

Quote from: pocarime32 on July 03, 2016, 11:16:21 AM

I agree with OP. Everyone losses in the long run, especially on dice sites or casino games that have provably fair, but if you have big bankroll, you can go long run on it.

yes it a fact. i think every one know about this. buts still no one can still quit gambling. they have so many examples in front of them. but still they believe that they can earn from gambling and in the end they do advise to other to not to do gambling.

This is what you called gamble addiction and hypocrisy LOL. Anyway yes gambling will let you win at the beginning to trigger your inner greed and fortify your belief that "you can win next round". With the successful method of doing so, you ended up losing all at the long run. House EDGE kicks in, 20 x lose in a row and still believing you will win next time LOL.

Yeah you are not going to win in the long run because that is just almost impossible to do.
I also have lost many more times then that I won so I have learned my lesson.

Winning in the long run is what most gamblers experience but not everyone losses in the long run, it matters on the games we play and if it has a house advantage the title would only apply, but skilled base games will give us a good chance to win.

Yup in base skill games we have a lot of chance to win our bet in the long run. But here we have to care very full, and we have to be very quick in the game. And also in sports betting you can make longer term win but here sometimes we see some unpredict result, but it is ok this will not happen daily. So here also you can make long term win.

In any aspect of gambling only the house has the favor on it. If you are going to realize that then that's the reason why everyone is losing always in the long run.
It is better to stay away from gambling and avoid your gambling pleasures.

Not all aspects. There's sports betting in which you can choose which lines to bet on. If you're a good sports analyst you could gain an edge. Poker is the same thing, you can also gain an edge by various strategies. In Black Jack you can count cards and gain the edge in your favor.

I would say that's sports betting is risky at all even you know the team that you are going to bet as it is also a business for the sports industry.
Anything can happen there also even the unexpected ones. Even the opponent team can let their opponent wins as the manage is going to say it.

Gambling is risky and so as sports betting but the point here is when gambling we need to choose a game that would give us a good chance to win and if you compare it with dice you will definitely choose sports betting in terms on chances.

That's what I'm saying that in any aspects of gambling the house is always the winner and it is a business that runs. We all know what business is for?
Of course for the house to earn.

that is the exact thing that people here tend to forget about gambling. that they are playing most of the time against the house and the house has to win there is no other way around it. if the house keeps losing they should then close down shop and run away.