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Topic: Gambling can be profitable in the long run! It is possible! - page 13. (Read 37333 times)

sr. member
Activity: 420
Merit: 250
I honestly do not think it can be profitable on a long run you would need such much luck and money to accomplish this.
I really think its just not reachable in my eyes...
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
It depends on what kind of game you will play. There are a kind of game that you will lose in the long run like dice game but there is also profitable like jackpot slots.
Never play dice because it is not profitable in the long due to the house advantage. Try to consider playing in sports betting where you can analyze the games, if you have a good analysis on the game then that is your advantage it is possible you can win in the long run.

I dont think gambling is profitable because theres a big risk to lose money with it and if your addicted to it and get hooked you never notice you lose to much, maybe proper analysis might help and youtube is helpful to
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
It depends on what kind of game you will play. There are a kind of game that you will lose in the long run like dice game but there is also profitable like jackpot slots.
Never play dice because it is not profitable in the long due to the house advantage. Try to consider playing in sports betting where you can analyze the games, if you have a good analysis on the game then that is your advantage it is possible you can win in the long run.
sr. member
Activity: 574
Merit: 255
It depends on what kind of game you will play. There are a kind of game that you will lose in the long run like dice game but there is also profitable like jackpot slots.
legendary
Activity: 1386
Merit: 1016
Gambling is profitable for those people that have luck and some mathematical genious.
They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
You can not just rely premises predictions only for victory. That's why you could have lost in gambling.
as long as you run the risk of it. may be a bit risky to use gambling for long term
Gambling is all about prediction, it best works in sportsbetting because their is not house edge, if you can predict consistently, meaning you predicted more winners than losers then you will be a winner in the long run. Put in mind that in sports betting you only have to hit at 53 percent winning percentage and you will profitable.

in fact you are not right. there is always house edge and that is how the site earn the money. they adjust the odd in such a way that there will be profit for them. And winning 53% is not possible to profit unless your bet with very high odd which is more unlikely to win. the average odd people bet is about 1.5 to 1.6. So you need an average of 70% to 75% of accuracy to profit.
hero member
Activity: 952
Merit: 500
Gambling is profitable for those people that have luck and some mathematical genious.
They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
You can not just rely premises predictions only for victory. That's why you could have lost in gambling.
as long as you run the risk of it. may be a bit risky to use gambling for long term
Gambling is all about prediction, it best works in sportsbetting because their is not house edge, if you can predict consistently, meaning you predicted more winners than losers then you will be a winner in the long run. Put in mind that in sports betting you only have to hit at 53 percent winning percentage and you will profitable.
hero member
Activity: 504
Merit: 500
Gambling is profitable for those people that have luck and some mathematical genious.
They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
You can not just rely premises predictions only for victory. That's why you could have lost in gambling.
as long as you run the risk of it. may be a bit risky to use gambling for long term
hero member
Activity: 896
Merit: 1000
Gambling is profitable for those people that have luck and some mathematical genious.
They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.

For mathematical genius you say. They won't even gamble. Why?? They already know what the percentage of winning and calculated it. Most of them will say that it's a waste of time and money.
It's all about luck and if bad luck strikes you better stay away from gambling.

Thats not really true, a lot of smart people i know gamble its for the experience knowing the odds are against you and then you win and like i beat the odds. woot!!!!
full member
Activity: 224
Merit: 100
Gambling is profitable for those people that have luck and some mathematical genious.
They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.

For mathematical genius you say. They won't even gamble. Why?? They already know what the percentage of winning and calculated it. Most of them will say that it's a waste of time and money.
It's all about luck and if bad luck strikes you better stay away from gambling.
hero member
Activity: 952
Merit: 500
The only one who can make profit in the long run is the casino cause he has the advantage. That is the beauty of math. The probability really plays a huge role in this case and almost everything tends to the expected probability in the long run. However, every distribution will have a normal distribution so there will be outlayers that able to profit from gambling but that does not means that it will work for 99.99%.
That's true, but as I was saying, it depends on the type of gambling you choose from. If you are good in a specific type of gambling like poker, black jack, or sports betting then you have to devote your time to master it. Gambling is not easy but with proper study and research and with proper control of you emotion one can be successful in the long run.
legendary
Activity: 1470
Merit: 1002
The only one who can make profit in the long run is the casino cause he has the advantage. That is the beauty of math. The probability really plays a huge role in this case and almost everything tends to the expected probability in the long run. However, every distribution will have a normal distribution so there will be outlayers that able to profit from gambling but that does not means that it will work for 99.99%.
legendary
Activity: 1456
Merit: 1005
Its possible to make profit on a long term but you would need a lot of luck to do this and for the most under us this is not possible.
Gambling is depending on luck and on a long term its even gonna be a more difficult.

If your saying need a luck to make money from gambling in the long run then it means, it is not possible. Gambling is meant for fun and entertainment and it is paid one but got a chance to win back our fee paid the fun in some times (if your lucky). But people understood it wrongly and they play for winning so it makes very difficult to make profits for any one in gambling. I don't think, any one can make money from gambling in the long run.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
Gambling is profitable for those people that have luck and some mathematical genious.
They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.

Well, in gambling, it's pure luck, and it is a plus if you could foresee the chances of winning...But surely, we can't predict the outcome of a game and if you look at it, there is always higher percentage of losing than winning which I think would make gambling not profitable if you play it for a long time...
hero member
Activity: 980
Merit: 500
Grats to jeanfr for becoming the top better on the site.
With 463.95807512 BTC bet that makes him #1





He started with a big 6 btc win with 0.0055 as the bet he hit 1111x.
The win can be found here: https://bitvest.io/results?query=33036618
Then got up to 15 btc then cashed out 10 btc then continued to take the house down.
Finished with a 9.6 btc profit becoming #1, an having one of the longest runs to date on bitvest.

It means nothing - it is only short spike of luck. And we all know that it can happen once or twice in a lifetime. Someone will be a winner.
But in the end you won't be able to recreate this win ever. You can't be a winner every time.

He kinda won for 12 straight hours that's a long ass luck streak. Plus its happened more then once since ive posted a lot of them.
The reason normally casinos seem like that play out is because they got thousands of using playing at once.
Saying i won if gambling wasn't profitable there wouldn't be professional gamblers. Granted yes everyone won't win, but still better odds then the lottery.
An what do those loto crack pots always say can't win if you don't play. Id rather 1:36000 odds that i can change up on then 200+million odds.
Ive seen more then a few drops a few bucks an walk away with a few hundred, most people like gambling because of what can happen already going in they know they will lose some or all.

Yup! the never say die attitude may work sometimes, and I think the people on the list are very lucky indeed and that kind of amount are a much and most won that I see they are a symbol of truly gambling sites will have a rank won winning on gambling and not all are just a mare loser on gambling.

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Gambling is profitable for those people that have luck and some mathematical genious.
They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
hero member
Activity: 896
Merit: 1000
Grats to jeanfr for becoming the top better on the site.
With 463.95807512 BTC bet that makes him #1





He started with a big 6 btc win with 0.0055 as the bet he hit 1111x.
The win can be found here: https://bitvest.io/results?query=33036618
Then got up to 15 btc then cashed out 10 btc then continued to take the house down.
Finished with a 9.6 btc profit becoming #1, an having one of the longest runs to date on bitvest.

It means nothing - it is only short spike of luck. And we all know that it can happen once or twice in a lifetime. Someone will be a winner.
But in the end you won't be able to recreate this win ever. You can't be a winner every time.

He kinda won for 12 straight hours that's a long ass luck streak. Plus its happened more then once since ive posted a lot of them.
The reason normally casinos seem like that play out is because they got thousands of using playing at once.
Saying i won if gambling wasn't profitable there wouldn't be professional gamblers. Granted yes everyone won't win, but still better odds then the lottery.
An what do those loto crack pots always say can't win if you don't play. Id rather 1:36000 odds that i can change up on then 200+million odds.
Ive seen more then a few drops a few bucks an walk away with a few hundred, most people like gambling because of what can happen already going in they know they will lose some or all.
legendary
Activity: 1288
Merit: 1000
Grats to jeanfr for becoming the top better on the site.
With 463.95807512 BTC bet that makes him #1





He started with a big 6 btc win with 0.0055 as the bet he hit 1111x.
The win can be found here: https://bitvest.io/results?query=33036618
Then got up to 15 btc then cashed out 10 btc then continued to take the house down.
Finished with a 9.6 btc profit becoming #1, an having one of the longest runs to date on bitvest.

It means nothing - it is only short spike of luck. And we all know that it can happen once or twice in a lifetime. Someone will be a winner.
But in the end you won't be able to recreate this win ever. You can't be a winner every time.
legendary
Activity: 1120
Merit: 1000
fifty-fifty, gambling makes a handful of rich people in the world

in my country only 1 person holds all the gambling
recently appeared another person of its competitors
but killed him publicly in the city center  Sad
sr. member
Activity: 392
Merit: 250
Gambling is all about luck, it can't be a long term income source because you don't know whether you will win or lose.I do gambling but just for fun ,it can't earn me money for living.
legendary
Activity: 1470
Merit: 1002
Gambling can be only profitable if you are lucky and the chance is really low that you can make some profit with gambling because the chance is just to be lucky to win some money.
And the chance is really low that it can be profitable for you because losing is a higher chance.

yup, every game is design in such a way that you will tends to lose. and people tend to be greedy. so when you are winning, you will tend to play more, and the more you play, the probability will kick in and you will end up losing.
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