Topic: Gambling can be profitable in the long run! It is possible! - page 17. (Read 37356 times)
In the long term the outcome is always the same: the house will win because the house always has an edge in his favor so the odds are always against you. The key of winning in gambling is knowing when to stop, and only play enough times to cause entropy in your favor. If you keep playing, you'll always lose, it's just pure math.
It is only profitable if you constantly choose winners than losers but that would not be possible in a machine control game. The best example is the only dice where the house advantage has at least 1%. If you gamble everyday you will really lose in the long due to its mathematical quotient which is not favorable of the part of the gamblers. The best form of gambling you can only win is Sports Betting.
I do partially agree that one can have more chances of winning money in sports betting but it is also need a some kind of luck to win over the time. Because now a days most of the games are fixed and very difficult to find out which is fixed and which not fixed. Just only from game knowledge one can't win continuously win bets in sports so gamble carefully.
And that is hard to get that chance because you cant know before if you are going to win so it happens also more often that you can lose some money with gambling.
I have found many good videos on YouTube about Primedice but this can only be representation, how you must think, in most cases i have lost because i followed instructions. Many of them are not accurate, but ideas are very good.
If you really think all of that would help you in getting profit then you are seriously in trouble. There is none that will help you in getting profit, in the end house win and the only way to get profit is to hit it hard for few bets and let the variances work though it may not work as well if the variances suck
I caught myself losing every time when i completely relax and i'm sure i have winning situation. You are winner only when you finish game with surplus and stop playing. In long run i had more success than losses so far.
sometimes it is best to give things a rest for a while and walk away, coming back after a while and starting fresh gives you a better luck, at least it has always been like this for me so far.
since i was losing a lot a while back i started to do the same thing as you are describing here but with a difference.
i start with a fixed amount that i can afford to lose then gamble with it. then if i win i use the profit only to gamble more and if i win more i use the a part of the total profit to gamble and don't touch the main initial investment at all.
I have found many good videos on YouTube about Primedice but this can only be representation, how you must think, in most cases i have lost because i followed instructions. Many of them are not accurate, but ideas are very good.
I caught myself losing every time when i completely relax and i'm sure i have winning situation. You are winner only when you finish game with surplus and stop playing. In long run i had more success than losses so far.
sometimes it is best to give things a rest for a while and walk away, coming back after a while and starting fresh gives you a better luck, at least it has always been like this for me so far.
since i was losing a lot a while back i started to do the same thing as you are describing here but with a difference.
i start with a fixed amount that i can afford to lose then gamble with it. then if i win i use the profit only to gamble more and if i win more i use the a part of the total profit to gamble and don't touch the main initial investment at all.
I caught myself losing every time when i completely relax and i'm sure i have winning situation. You are winner only when you finish game with surplus and stop playing. In long run i had more success than losses so far.
sometimes it is best to give things a rest for a while and walk away, coming back after a while and starting fresh gives you a better luck, at least it has always been like this for me so far.
It is only profitable if you constantly choose winners than losers but that would not be possible in a machine control game. The best example is the only dice where the house advantage has at least 1%. If you gamble everyday you will really lose in the long due to its mathematical quotient which is not favorable of the part of the gamblers. The best form of gambling you can only win is Sports Betting.
I do partially agree that one can have more chances of winning money in sports betting but it is also need a some kind of luck to win over the time. Because now a days most of the games are fixed and very difficult to find out which is fixed and which not fixed. Just only from game knowledge one can't win continuously win bets in sports so gamble carefully.
This is some serious conspiracy theory you are telling us. As I am sure that some of the matches are being fixed but it won't change your overall winning statistics.
Anyhow, if you're considering gambling on a serious level, sports betting is without a doubt the best way to go despite all of that.
Everybody says that sport games are rigged however they are watching too much Sopranos. Most just are very good at picking teams and scores.
It is only profitable if you constantly choose winners than losers but that would not be possible in a machine control game. The best example is the only dice where the house advantage has at least 1%. If you gamble everyday you will really lose in the long due to its mathematical quotient which is not favorable of the part of the gamblers. The best form of gambling you can only win is Sports Betting.
I do partially agree that one can have more chances of winning money in sports betting but it is also need a some kind of luck to win over the time. Because now a days most of the games are fixed and very difficult to find out which is fixed and which not fixed. Just only from game knowledge one can't win continuously win bets in sports so gamble carefully.
This is some serious conspiracy theory you are telling us. As I am sure that some of the matches are being fixed but it won't change your overall winning statistics.
Anyhow, if you're considering gambling on a serious level, sports betting is without a doubt the best way to go despite all of that.
It is only profitable if you constantly choose winners than losers but that would not be possible in a machine control game. The best example is the only dice where the house advantage has at least 1%. If you gamble everyday you will really lose in the long due to its mathematical quotient which is not favorable of the part of the gamblers. The best form of gambling you can only win is Sports Betting.
I do partially agree that one can have more chances of winning money in sports betting but it is also need a some kind of luck to win over the time. Because now a days most of the games are fixed and very difficult to find out which is fixed and which not fixed. Just only from game knowledge one can't win continuously win bets in sports so gamble carefully.
It is only profitable if you constantly choose winners than losers but that would not be possible in a machine control game. The best example is the only dice where the house advantage has at least 1%. If you gamble everyday you will really lose in the long due to its mathematical quotient which is not favorable of the part of the gamblers. The best form of gambling you can only win is Sports Betting.
I do partially agree that one can have more chances of winning money in sports betting but it is also need a some kind of luck to win over the time. Because now a days most of the games are fixed and very difficult to find out which is fixed and which not fixed. Just only from game knowledge one can't win continuously win bets in sports so gamble carefully.
It is only profitable if you constantly choose winners than losers but that would not be possible in a machine control game. The best example is the only dice where the house advantage has at least 1%. If you gamble everyday you will really lose in the long due to its mathematical quotient which is not favorable of the part of the gamblers. The best form of gambling you can only win is Sports Betting.
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1000 gamblers gamble 100$ every day on slotmachine. The house edge is 1%. The total money wagered is 100,000$ every day.
One big mistake everyone makes is here.
Is the total money wagered actually 100k?
When I go to a casino with 100$, if I lose it all instantly, sure, I've gambled only 100$.
What happens if I win some and then gamble it again? Like if I get 5$ on a 1$ slot, and I add the 4 extra dollars to my balance and continue gambling.
Entering a casino with 100$ may mean gambling 1000s or 10s of thousands of dollars.
Take the 1% house edge on the 1000s or 10s of thousands, and you will find out that much more goes to the bank.
Furthermore, slot machines usually have huge house edges, of upto 30%.
Overall, the house wins a lot more than you think they do. House edge is not counted on the amount which you have... but the total amount you bet in your hours of playing. If everyone who entered a casino only made one bet and left, the casino wouldn't earn as much as if they bet over and over and over compounding the house edge.
Yea slot machine wasnt the best example here, but that wasnt the point.
I just illustrated that its mathematically possible, even with 30% house edge, although its better if its not.
Some bitcoin casinos have 0.5-1% house edge, that should be easier.
Quote
1000 gamblers gamble 100$ every day on slotmachine. The house edge is 1%. The total money wagered is 100,000$ every day.
One big mistake everyone makes is here.
Is the total money wagered actually 100k?
When I go to a casino with 100$, if I lose it all instantly, sure, I've gambled only 100$.
What happens if I win some and then gamble it again? Like if I get 5$ on a 1$ slot, and I add the 4 extra dollars to my balance and continue gambling.
Entering a casino with 100$ may mean gambling 1000s or 10s of thousands of dollars.
Take the 1% house edge on the 1000s or 10s of thousands, and you will find out that much more goes to the bank.
Furthermore, slot machines usually have huge house edges, of upto 30%.
Overall, the house wins a lot more than you think they do. House edge is not counted on the amount which you have... but the total amount you bet in your hours of playing. If everyone who entered a casino only made one bet and left, the casino wouldn't earn as much as if they bet over and over and over compounding the house edge.
I caught myself losing every time when i completely relax and i'm sure i have winning situation. You are winner only when you finish game with surplus and stop playing. In long run i had more success than losses so far.
sometimes it is best to give things a rest for a while and walk away, coming back after a while and starting fresh gives you a better luck, at least it has always been like this for me so far.
it is very possible. if you can manage the proceeds from gambling that you win then you can entrust the future back to gambling. the important point is that you should be clever to set about spending and income you have.
I caught myself losing every time when i completely relax and i'm sure i have winning situation. You are winner only when you finish game with surplus and stop playing. In long run i had more success than losses so far.
That's great to hear, as I haven't benefited so far by gambling neither in short run nor long run, so now I prefer to stay away from gambling or bet with very small odds.
I caught myself losing every time when i completely relax and i'm sure i have winning situation. You are winner only when you finish game with surplus and stop playing. In long run i had more success than losses so far.
A lot of people believe they can still make profit but they already lost thousands of dollars, stop dreaming.
If you already put a lot of money into gambling and you lost most of it you will not make profit anymore, no further explaining needed in my eyes...
If you already put a lot of money into gambling and you lost most of it you will not make profit anymore, no further explaining needed in my eyes...
Thats the beauty of it that you cannot know.
Each bet is independent, so you can win a jackpot on your 1st roll, or in your 10,000th roll, both have equal chance.
Of course the more times you try the more chances you have, however if you lose that many times, it might be financially disincentivizing to continue.
But its called gambling for a reason, you dont play for the money, you play for the excitement and adventure!
It can be only possible if you are lucky in gambling and if you want to be lucky with gambling you have to play smart and only to play with some small amounts otherwise it will not possible.
In the most cases it will be not possible because gambling is addicted and that will be not that good for you.
In the most cases it will be not possible because gambling is addicted and that will be not that good for you.
Yup! you are right in gambling you need to really play smart, and small bets is a must by controlling your bets, and I think in taking less money with you will be a good idea if you want to lessen your losses!
But you need indeed some luck, luck in gambling is the most important role I think.
By reading many prediction threads in this forum, I think and I agree with their claiming, that if you have enough knowledge and keep studying in depth both the teams which you want to bet in sportsbook, you have a higher chance of winning rather than just placing a bet just because you see the classification of the standings. Thats a good point for me and I should follow them more. Luck is of course needed but is not essential in this case.
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