Everyone looses in the long run - page 90.

wuvdoll

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Quote from: Cyaren on June 05, 2016, 03:24:30 AM

Yep, I consider gambling as entertainment and therefore I gamble responsibly. I assume that all that I put into gambling is lost, since you have to pay a price obviously for your daily entertainment.

The house edge will catch up with you in the long run, and there is no chance you'll win in the long run.

But I doubt how long you will be keep on paying for your entertainment. And my another question is why you can not get the entertainments you are seeking from other sources like any hobbies or with your family members.

Because in long run, IMHO you may not afford to deposit for your bankroll of your gambling entertainments.

praprata

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Quote from: Ranuka Traders on June 07, 2016, 10:38:53 PM

Quote from: Hatuferu on June 06, 2016, 08:00:34 PM

Quote from: roadbits on June 06, 2016, 01:35:22 PM

Quote from: lite on June 06, 2016, 12:02:46 PM

Quote from: Pormanullang on June 06, 2016, 08:22:29 AM

Quote from: Slippin_Jimmy on June 06, 2016, 01:33:15 AM

There are professional texas holdem players. It's largely based on mathematics at the pro level, but also to recognize human behavior, ego, patterns etc. which at a pro level they will always switch it up or "balance their range". To say all gambling is a loss in the long run is just ignorant of the skill games. Games like roulette and slot machines are of course rigged for a house advantage, but in poker against other people the house takes "rake" which is usually like 1-2% of the total pot. Or if you're doing tournaments you buy in for $10 +$0.50 or whatever their rate is.

I agree with you..
I also do not 100% trust dice and roulette slots as they may commit fraud
I prefer gambling in a poker game and a ball ... because this type can not set the admin and pure without any interference from others

If casinos wanted to cheat the players they can cheat on any games including poker. you should only gamble on those site which have provably fair system.

yes if they want to cheat us means they can cheat in all games. But calculation and all in gambling is not possible in online game because time is running out there so it will work out in off line gambling there we can make strategy like this yes in some games mathematics is very important those who are very quick in maths they can earn some money in poker games.

Gambling sites does not cheat us because it is their reputation is at stake, if they have a negative reputation they cannot attract customers, let us just accept why we lost is because of the house advantage and we cannot change that they always wins.

If we play continuously.. we will definitely loss.. I prefer to play for a short time and with some small target. Once i reach the target.. i just stop to play.. I am in good profit with this strategy..

Yes if you stay playing again and again without any limit you will lose a lot of money on a long term and even become broke at the end of the journey.

Hatuferu

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Activity: 1092

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https://trueflip.io/

Quote from: Ranuka Traders on June 07, 2016, 10:38:53 PM

Quote from: Hatuferu on June 06, 2016, 08:00:34 PM

Quote from: roadbits on June 06, 2016, 01:35:22 PM

Quote from: lite on June 06, 2016, 12:02:46 PM

Quote from: Pormanullang on June 06, 2016, 08:22:29 AM

Quote from: Slippin_Jimmy on June 06, 2016, 01:33:15 AM

There are professional texas holdem players. It's largely based on mathematics at the pro level, but also to recognize human behavior, ego, patterns etc. which at a pro level they will always switch it up or "balance their range". To say all gambling is a loss in the long run is just ignorant of the skill games. Games like roulette and slot machines are of course rigged for a house advantage, but in poker against other people the house takes "rake" which is usually like 1-2% of the total pot. Or if you're doing tournaments you buy in for $10 +$0.50 or whatever their rate is.

I agree with you..
I also do not 100% trust dice and roulette slots as they may commit fraud
I prefer gambling in a poker game and a ball ... because this type can not set the admin and pure without any interference from others

If casinos wanted to cheat the players they can cheat on any games including poker. you should only gamble on those site which have provably fair system.

yes if they want to cheat us means they can cheat in all games. But calculation and all in gambling is not possible in online game because time is running out there so it will work out in off line gambling there we can make strategy like this yes in some games mathematics is very important those who are very quick in maths they can earn some money in poker games.

Gambling sites does not cheat us because it is their reputation is at stake, if they have a negative reputation they cannot attract customers, let us just accept why we lost is because of the house advantage and we cannot change that they always wins.

If we play continuously.. we will definitely loss.. I prefer to play for a short time and with some small target. Once i reach the target.. i just stop to play.. I am in good profit with this strategy..

That's the reality in gambling, we always lose in the long run. But we can minimize our loses by just focusing on the game alone and enjoy it, never dare to think that you can make gambling as your source of income as it will just eat all your bankroll and you will end up miserable.

Ranuka Traders

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Quote from: Hatuferu on June 06, 2016, 08:00:34 PM

Quote from: roadbits on June 06, 2016, 01:35:22 PM

Quote from: lite on June 06, 2016, 12:02:46 PM

Quote from: Pormanullang on June 06, 2016, 08:22:29 AM

Quote from: Slippin_Jimmy on June 06, 2016, 01:33:15 AM

There are professional texas holdem players. It's largely based on mathematics at the pro level, but also to recognize human behavior, ego, patterns etc. which at a pro level they will always switch it up or "balance their range". To say all gambling is a loss in the long run is just ignorant of the skill games. Games like roulette and slot machines are of course rigged for a house advantage, but in poker against other people the house takes "rake" which is usually like 1-2% of the total pot. Or if you're doing tournaments you buy in for $10 +$0.50 or whatever their rate is.

I agree with you..
I also do not 100% trust dice and roulette slots as they may commit fraud
I prefer gambling in a poker game and a ball ... because this type can not set the admin and pure without any interference from others

If casinos wanted to cheat the players they can cheat on any games including poker. you should only gamble on those site which have provably fair system.

yes if they want to cheat us means they can cheat in all games. But calculation and all in gambling is not possible in online game because time is running out there so it will work out in off line gambling there we can make strategy like this yes in some games mathematics is very important those who are very quick in maths they can earn some money in poker games.

Gambling sites does not cheat us because it is their reputation is at stake, if they have a negative reputation they cannot attract customers, let us just accept why we lost is because of the house advantage and we cannot change that they always wins.

If we play continuously.. we will definitely loss.. I prefer to play for a short time and with some small target. Once i reach the target.. i just stop to play.. I am in good profit with this strategy..

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: roadbits on June 06, 2016, 01:35:22 PM

Quote from: lite on June 06, 2016, 12:02:46 PM

Quote from: Pormanullang on June 06, 2016, 08:22:29 AM

Quote from: Slippin_Jimmy on June 06, 2016, 01:33:15 AM

There are professional texas holdem players. It's largely based on mathematics at the pro level, but also to recognize human behavior, ego, patterns etc. which at a pro level they will always switch it up or "balance their range". To say all gambling is a loss in the long run is just ignorant of the skill games. Games like roulette and slot machines are of course rigged for a house advantage, but in poker against other people the house takes "rake" which is usually like 1-2% of the total pot. Or if you're doing tournaments you buy in for $10 +$0.50 or whatever their rate is.

I agree with you..
I also do not 100% trust dice and roulette slots as they may commit fraud
I prefer gambling in a poker game and a ball ... because this type can not set the admin and pure without any interference from others

If casinos wanted to cheat the players they can cheat on any games including poker. you should only gamble on those site which have provably fair system.

yes if they want to cheat us means they can cheat in all games. But calculation and all in gambling is not possible in online game because time is running out there so it will work out in off line gambling there we can make strategy like this yes in some games mathematics is very important those who are very quick in maths they can earn some money in poker games.

Gambling sites does not cheat us because it is their reputation is at stake, if they have a negative reputation they cannot attract customers, let us just accept why we lost is because of the house advantage and we cannot change that they always wins.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: lite on June 06, 2016, 12:02:46 PM

Quote from: Pormanullang on June 06, 2016, 08:22:29 AM

Quote from: Slippin_Jimmy on June 06, 2016, 01:33:15 AM

There are professional texas holdem players. It's largely based on mathematics at the pro level, but also to recognize human behavior, ego, patterns etc. which at a pro level they will always switch it up or "balance their range". To say all gambling is a loss in the long run is just ignorant of the skill games. Games like roulette and slot machines are of course rigged for a house advantage, but in poker against other people the house takes "rake" which is usually like 1-2% of the total pot. Or if you're doing tournaments you buy in for $10 +$0.50 or whatever their rate is.

I agree with you..
I also do not 100% trust dice and roulette slots as they may commit fraud
I prefer gambling in a poker game and a ball ... because this type can not set the admin and pure without any interference from others

If casinos wanted to cheat the players they can cheat on any games including poker. you should only gamble on those site which have provably fair system.

yes if they want to cheat us means they can cheat in all games. But calculation and all in gambling is not possible in online game because time is running out there so it will work out in off line gambling there we can make strategy like this yes in some games mathematics is very important those who are very quick in maths they can earn some money in poker games.

lite

legendary

Activity: 1400

Merit: 1009

Quote from: Pormanullang on June 06, 2016, 08:22:29 AM

Quote from: Slippin_Jimmy on June 06, 2016, 01:33:15 AM

There are professional texas holdem players. It's largely based on mathematics at the pro level, but also to recognize human behavior, ego, patterns etc. which at a pro level they will always switch it up or "balance their range". To say all gambling is a loss in the long run is just ignorant of the skill games. Games like roulette and slot machines are of course rigged for a house advantage, but in poker against other people the house takes "rake" which is usually like 1-2% of the total pot. Or if you're doing tournaments you buy in for $10 +$0.50 or whatever their rate is.

I agree with you..
I also do not 100% trust dice and roulette slots as they may commit fraud
I prefer gambling in a poker game and a ball ... because this type can not set the admin and pure without any interference from others

If casinos wanted to cheat the players they can cheat on any games including poker. you should only gamble on those site which have provably fair system.

Cozynunu

sr. member

Activity: 336

Merit: 250

The chance to lose in gambling is indeed high and that is because you have to be lucky in gambling if you want to earn some money with gambling and that happens not often.
In the most cases people are losing a lot of money with gambling and that is indeed bad some of them are not even realizing that they lose that much money.

Pormanullang

newbie

Activity: 42

Merit: 0

Quote from: Slippin_Jimmy on June 06, 2016, 01:33:15 AM

There are professional texas holdem players. It's largely based on mathematics at the pro level, but also to recognize human behavior, ego, patterns etc. which at a pro level they will always switch it up or "balance their range". To say all gambling is a loss in the long run is just ignorant of the skill games. Games like roulette and slot machines are of course rigged for a house advantage, but in poker against other people the house takes "rake" which is usually like 1-2% of the total pot. Or if you're doing tournaments you buy in for $10 +$0.50 or whatever their rate is.

I agree with you..
I also do not 100% trust dice and roulette slots as they may commit fraud
I prefer gambling in a poker game and a ball ... because this type can not set the admin and pure without any interference from others

Slippin_Jimmy

newbie

Activity: 42

Merit: 0

There are professional texas holdem players. It's largely based on mathematics at the pro level, but also to recognize human behavior, ego, patterns etc. which at a pro level they will always switch it up or "balance their range". To say all gambling is a loss in the long run is just ignorant of the skill games. Games like roulette and slot machines are of course rigged for a house advantage, but in poker against other people the house takes "rake" which is usually like 1-2% of the total pot. Or if you're doing tournaments you buy in for $10 +$0.50 or whatever their rate is.

fullypak

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Activity: 1456

Merit: 1005

Quote from: mightyghz on June 05, 2016, 09:49:36 AM

theres good days and bad days in gambling. sure its possible to have a huge win but i think youre correct, over the longrun you will lose your ass if you continue to gamble Sad

If I'm not wrong, there is no such thing called good days for regular gamblers. Because if anyone play regularly then surely they will end up losing money to gambling houses and only good days for casinos but not for the gamblers. So don't gamble everyday instead play sometimes to have a fun.

futurebit640

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Quote from: Hatuferu on June 05, 2016, 10:59:49 PM

Quote from: Pormanullang on June 05, 2016, 01:03:33 PM

Gambling is depend on peoples luck, what if that person has 0% percentage of luck! there is not a chance he can manage
to take up all his loss in just 1 day, what if hes not lucky now but will be 90% lucky tomorrow but didn't play that day and
plays the day that his luck meter turns to zero again!? that is why you will never know your luck if you don't try it!
people tend not to try gambling because of experience in the first time they try it!

but in a long run you will never know if you losses or you gain if you not gamble!

Gambling is not only for lucky people, we all do lose in the long run playing games with huge house advantage or any game that has an advantage for the site would always lead us to losing our money in the end, with that being said it's good to treat gambling as pure entertainment.

Yes this is entertainment game but people will not take this as entertainment they will take gambling as a money making machine so people will play long run and they loss everything. Yes if we go with long run the result is house edge profit. we loose evrything no luck will help if we are are greedy. So better play safely don't go long run when you are in profit.

Hatuferu

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Activity: 1092

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https://trueflip.io/

Quote from: Pormanullang on June 05, 2016, 01:03:33 PM

Gambling is depend on peoples luck, what if that person has 0% percentage of luck! there is not a chance he can manage
to take up all his loss in just 1 day, what if hes not lucky now but will be 90% lucky tomorrow but didn't play that day and
plays the day that his luck meter turns to zero again!? that is why you will never know your luck if you don't try it!
people tend not to try gambling because of experience in the first time they try it!

but in a long run you will never know if you losses or you gain if you not gamble!

Gambling is not only for lucky people, we all do lose in the long run playing games with huge house advantage or any game that has an advantage for the site would always lead us to losing our money in the end, with that being said it's good to treat gambling as pure entertainment.

Pormanullang

newbie

Activity: 42

Merit: 0

Gambling is depend on peoples luck, what if that person has 0% percentage of luck! there is not a chance he can manage
to take up all his loss in just 1 day, what if hes not lucky now but will be 90% lucky tomorrow but didn't play that day and
plays the day that his luck meter turns to zero again!? that is why you will never know your luck if you don't try it!
people tend not to try gambling because of experience in the first time they try it!

but in a long run you will never know if you losses or you gain if you not gamble!

Oralmat

hero member

Activity: 588

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Quote from: Finestream on June 05, 2016, 09:46:26 AM

Quote from: Cyaren on June 05, 2016, 03:24:30 AM

Yep, I consider gambling as entertainment and therefore I gamble responsibly. I assume that all that I put into gambling is lost, since you have to pay a price obviously for your daily entertainment.

The house edge will catch up with you in the long run, and there is no chance you'll win in the long run.

That's how to treat gambling, it is only for entertainment if you don't want to get addicted with gambling and I think that's the smartest way to do it considering we don't have the chance to win in the long run. In this venture, if we continue to maintain our foolishness we are making the gambling sites more rich and our life will become miserable as we are more focus on unproductive thing like gambling.

You can say that Gambling has need focus and attention but instead of this it is not necessary that we will win it, every time gambling depend on luck, if we have a good luck, than of course we will win it. otherwise if you have bad luck and you are fully focus in your bet but no chance to win it.

mightyghz

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theres good days and bad days in gambling. sure its possible to have a huge win but i think youre correct, over the longrun you will lose your ass if you continue to gamble Sad

Finestream

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Activity: 3052

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Quote from: Cyaren on June 05, 2016, 03:24:30 AM

Yep, I consider gambling as entertainment and therefore I gamble responsibly. I assume that all that I put into gambling is lost, since you have to pay a price obviously for your daily entertainment.

The house edge will catch up with you in the long run, and there is no chance you'll win in the long run.

That's how to treat gambling, it is only for entertainment if you don't want to get addicted with gambling and I think that's the smartest way to do it considering we don't have the chance to win in the long run. In this venture, if we continue to maintain our foolishness we are making the gambling sites more rich and our life will become miserable as we are more focus on unproductive thing like gambling.

Cyaren

sr. member

Activity: 294

Merit: 250

Yep, I consider gambling as entertainment and therefore I gamble responsibly. I assume that all that I put into gambling is lost, since you have to pay a price obviously for your daily entertainment.

The house edge will catch up with you in the long run, and there is no chance you'll win in the long run.

Superbitzz

full member

Activity: 196

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yes it is a fact. no one can say that he is rich from bitcoin. i think every who are involved in bitocin. must lost their money at some stage. so we can conclude that in gampling ther must come such a time where gambler must lose.

Hatuferu

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https://trueflip.io/

Quote from: Capradina on June 05, 2016, 01:17:00 AM

Quote from: Hatuferu on June 05, 2016, 12:45:18 AM

Quote from: Positid on June 04, 2016, 11:26:44 PM

Quote from: Denker on June 04, 2016, 09:35:27 AM

Quote from: aranachristianjay on June 04, 2016, 09:18:46 AM

Gambling should not be treated as a main source of income, instead we should treat it as an entertainment, because in gambling you cannot win, due to the fact that it only runs on our luck.

We all know we don't have that luck everyday, so we should choose which game to play that uses skills more than luck so that we still have the control on our game and bet amount if you want to have a long run in gambling.

Seeing gambling as a type of income in general is a big mistake in my opinion.
It is what it is, you play and you might win or lose.
If you always keep that in mind it won't matter when you've made a loss in the long run, because you only played with money which you could afford to lose.

It could be a mistakes for us or to the typical gamblers our there but if you have already discovered the method to win in gambling consistently then it's good to treat it as our source of income.

It's really hard to discover that method you are talking about but if I would discover that I would not definitely share it in the public, been searching for that and until now I am still losers in gambling but just lucky that I am not addicted like others here.

Every gambling certainly has its disadvantages and weaknesses that we can take advantage of to get an advantage in the game. But to find these weaknesses requires quite a lot of experience in order to obtain a good strategy when have known flaws.

I don't see any gambling sites has disadvantage, the advantage is always at their side that is why they win all the time. If you observe and analyze well the market we can already conclude that they win all the time as they are the most profitable business in the world in terms of capital versus income ratios.

Topic: Everyone looses in the long run - page 90. (Read 96765 times)