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Topic: Everyone looses in the long run - page 98. (Read 96765 times)

legendary
Activity: 1106
Merit: 1000
May 20, 2016, 03:10:03 AM
When it comes to gambling it is so hard to stay positive, you will always lose more money then win in the long run. This is one of the biggest reasons I do not like to gamble because I know that I am going to loose my money.
yeah with the formula that the house will always win. you should be able to think for a moment if you stop losing streak. gambling is a fortune. if you do not have that then you will be defeated
Only a lucky person can win in gambling actually, but even if you are lucky you cannot win all the time because luck is not consistent. They key here is to win consistently and if we cannot do that then we will lose in the long run.
sr. member
Activity: 420
Merit: 250
May 19, 2016, 08:09:14 PM
When it comes to gambling it is so hard to stay positive, you will always lose more money then win in the long run. This is one of the biggest reasons I do not like to gamble because I know that I am going to loose my money.
yeah with the formula that the house will always win. you should be able to think for a moment if you stop losing streak. gambling is a fortune. if you do not have that then you will be defeated
legendary
Activity: 2996
Merit: 1188
May 19, 2016, 04:37:56 PM
lately I always lost, and lost in a very long time, I was unsure whether my luck is running out, or I have to find another business to generate extra income  Grin
Luck favors no one all the time. So definitely no gambler able to find out his lucky days always. That is the reason OP is calling in long run everybody turns into losers. But I have seen many people, in the first day itself finding out their luck was not favoring them.
sr. member
Activity: 448
Merit: 250
May 19, 2016, 04:00:51 PM
i created this thread to see how the community would react to the posting of this topic. there has even been a counter-thread to this thread I posted on how people in fact do make money in the long term from gambling. The casinos may be provably fair but for the average African bitcoiner, gambling on these sites listed in this section may be a huge mistake. On the other hand, some people have money to burn and love card games. I will also comment that it's good to see some casino sig campaigners talk straight about gambling as I did in my OP.
newbie
Activity: 23
Merit: 0
May 19, 2016, 08:54:10 AM
There are professional poker players that can win but the average gambler is most likely going to lose if they play enough.
hero member
Activity: 700
Merit: 500
May 19, 2016, 07:59:18 AM
You can survive in gambling, if you can control yourself and be patience to play! You can have some profit in the long run (you need a good experience) from some skill games, like poker!
hero member
Activity: 518
Merit: 500
May 19, 2016, 07:39:05 AM
When it comes to gambling it is so hard to stay positive, you will always lose more money then win in the long run. This is one of the biggest reasons I do not like to gamble because I know that I am going to loose my money.
indeed yeah gambling like a way to get negative energies.
we shouldn't love to gambling and avoid it but the fact we are keep playing as it quiet fun and easy money making(actually not).
almost sure most of us can't handle to win in the long run.
sr. member
Activity: 322
Merit: 250
May 19, 2016, 06:18:05 AM
When it comes to gambling it is so hard to stay positive, you will always lose more money then win in the long run. This is one of the biggest reasons I do not like to gamble because I know that I am going to loose my money.
legendary
Activity: 1106
Merit: 1000
May 19, 2016, 05:10:30 AM
I also assume that it is true that everyone loses in the long run. You might get lucky a few times but if you keep playing, you will eventually lose.

Of course, that is the power of probability. It has been designed so that you will always be in the disadvantage.
In the most cases people are losing indeed in gambling and that is because the chance of winning in gambling is really hard and you need to be really lucky if you win some profit.
And people gamble and gamble until they become poor and that is bad because they dont realize it.
That is true, if you are really into gambling and you think you can earn from it, then you have to think twice as many have already tried it but they all lose in the end. You need to be extremely good in order to make gambling as a source of living.
sr. member
Activity: 364
Merit: 250
May 19, 2016, 04:46:25 AM
I also assume that it is true that everyone loses in the long run. You might get lucky a few times but if you keep playing, you will eventually lose.

Of course, that is the power of probability. It has been designed so that you will always be in the disadvantage.
In the most cases people are losing indeed in gambling and that is because the chance of winning in gambling is really hard and you need to be really lucky if you win some profit.
And people gamble and gamble until they become poor and that is bad because they dont realize it.
legendary
Activity: 1862
Merit: 1004
May 19, 2016, 04:27:36 AM
You are right. Only billionaires may spend their money on gambling for the reason of entertainment. Almost every gambler comes into gambling for the reason of making profit, and in long run they realize the truth of gambling is not for making profits.
It is not like that - surely gambling with huge bankroll is more enthralling experience. But you don't need to be crazy rich to experience good gambling thrill.
In fact playing with $100.000 is probably less adrenaline arousing for billionaire that I would be playing with $100 for me.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
May 19, 2016, 04:23:00 AM
It is almost impossible for you to win with gambling in the long run. The odds are just always against you and for you to still win in the long run is just not going to happen.
in casino we are always one step behind the house edge as result gamblers never win in the long run even though sometimes we allowed to win but it is temporarily.

and in sportsbetting yes the odds always against us, when we think the lower odds will be the winning pick and it is always go wrong in long run.
I think its always depends in the game and luck because there is a long run game like poker.. and i think we are just looses because people are greedy thats why they are lose. if they can satisfied what they had even a small amount of profit. they can win or make a profit..
Indeed luck always required in gambling, it is the strongest factor make someone win but this factor is random and sure hard to find where we need it.

I think poker can earn good money in long run only if they are experienced and had a skill playing a card enough which it is same hard.
Luck is not required for me because you cannot force luck to be with you all the time, the key here is to be consistent in winning more than you lose. For those people who believe in luck in gambling, they are most likely losers because they are lazy to make a research and understand there bets before putting it on.
legendary
Activity: 2674
Merit: 1048
May 19, 2016, 01:15:55 AM
It is almost impossible for you to win with gambling in the long run. The odds are just always against you and for you to still win in the long run is just not going to happen.
in casino we are always one step behind the house edge as result gamblers never win in the long run even though sometimes we allowed to win but it is temporarily.

and in sportsbetting yes the odds always against us, when we think the lower odds will be the winning pick and it is always go wrong in long run.
I think its always depends in the game and luck because there is a long run game like poker.. and i think we are just looses because people are greedy thats why they are lose. if they can satisfied what they had even a small amount of profit. they can win or make a profit..
Indeed luck always required in gambling, it is the strongest factor make someone win but this factor is random and sure hard to find where we need it.

I think poker can earn good money in long run only if they are experienced and had a skill playing a card enough which it is same hard.
hero member
Activity: 1148
Merit: 527
May 18, 2016, 04:11:25 PM
Even if you lose in the long run, as long as you are not losing more than what you can afford to lose, then you're fine. It's your money and as long as it's money that you're ok with spending and losing and doesn't affect your ability to meet your family's necessary financial obligations, then have at it and have fun.
Yeah, losing only matters to those bunch of gamblers who wants to make profit from it but if you are gambling for fun you will not think of anything like that cause surely you get entertain while you are betting.

That's not fair. No one gets into gambling just for entertainment. In some corner of their mind probably they will be having the greed to get profit. In my view only billionaires might be into gambling for entertainment.
You are right. Only billionaires may spend their money on gambling for the reason of entertainment. Almost every gambler comes into gambling for the reason of making profit, and in long run they realize the truth of gambling is not for making profits.
legendary
Activity: 1470
Merit: 1002
May 18, 2016, 10:47:59 AM
I also assume that it is true that everyone loses in the long run. You might get lucky a few times but if you keep playing, you will eventually lose.

Of course, that is the power of probability. It has been designed so that you will always be in the disadvantage.
legendary
Activity: 3276
Merit: 2442
May 18, 2016, 09:34:54 AM
Everyone is  also dead in the long-run. So what's the point of living? Just put a bullet in your head and get to the end.

I kid I kid.

OP is right, you shouldn't gamble if you are smart. Gambling and investing are similar in so many ways tho, Gambling means you don't know a shit about the possible outcome of the game you are playing, while you can study your way out to success with investing. That's the big difference. If you invest without studying your shit, now that is also gambling.
sr. member
Activity: 476
Merit: 250
May 18, 2016, 09:13:23 AM
You are right about that the most of us will lose on a long run but this is logical because gambling is depending on luck.
newbie
Activity: 39
Merit: 0
May 18, 2016, 08:31:44 AM
I also assume that it is true that everyone loses in the long run. You might get lucky a few times but if you keep playing, you will eventually lose.
hero member
Activity: 924
Merit: 1001
May 18, 2016, 08:25:18 AM
It is almost impossible for you to win with gambling in the long run. The odds are just always against you and for you to still win in the long run is just not going to happen.
in casino we are always one step behind the house edge as result gamblers never win in the long run even though sometimes we allowed to win but it is temporarily.

and in sportsbetting yes the odds always against us, when we think the lower odds will be the winning pick and it is always go wrong in long run.
I think its always depends in the game and luck because there is a long run game like poker.. and i think we are just looses because people are greedy thats why they are lose. if they can satisfied what they had even a small amount of profit. they can win or make a profit..
hero member
Activity: 3052
Merit: 606
May 18, 2016, 07:50:47 AM
It is almost impossible for you to win with gambling in the long run. The odds are just always against you and for you to still win in the long run is just not going to happen.
in casino we are always one step behind the house edge as result gamblers never win in the long run even though sometimes we allowed to win but it is temporarily.

and in sportsbetting yes the odds always against us, when we think the lower odds will be the winning pick and it is always go wrong in long run.

In any gambling form the advantage does not always favor us. Gambling industry is a huge sector of the business world, they are the top earner I guess. They can earn as much income as they want in a span of time because there are a lot of irresponsible gamblers around the world. With the advent of the internet which help us to gamble easily even at the comfort of our own home, the possibility is high for us to get tempted to play.

I know some who made profit our from gambling but they are just not even 1% of the total population of the gamblers I guess, they made a good fortune from gambling spending a little time of their day but can we do that, of course no unless we are also gifted. As a gambler we must already accept that we are in a losing battle so to minimize the loss we should gamble for fun and nonetheless.
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