Gambling can be profitable in the long run! It is possible! - page 21.

bering

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Quote from: Kingno.1 on March 31, 2016, 04:11:37 AM

Yes it can be profitable.
It is actually a skill based game.
If you will study about teams properly before their match and their home/away performances then you can make profit by betting on the right one.

disagree with you because although you have good skill i don't think this is will very help you to win from gambling because besides skill the main factor for do a gambling is you must be have luck and these luck are very necessary if you want to good results during a gambling

Sandroxa

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Quote from: Laosai on April 04, 2016, 08:26:13 AM

I'm sorry but that's a dumb theory.
What you're saying in a sense is that if lots of people lose it's possible for me to win... Yeah ok.

But on "the long run" as you ay, the basic idea is that there is no "luck" involved. Only simple math. So you WILL lose, that's the obvious thing!

It will be not possible, even if you are lucky you will play more and more so you will actually lose more money than you win in a long run so that is quite bad.
And gambling is bad and it is all wasted money but it gives you only fun and that is the only thing.

Erzatium

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Gambling can be profitable in a long run if you are really lucky, if you dont have luck with gambling you will lose a lot of money in gambling and that can be really bad for you.
If you want to earn some money with gambling, you should have to trade and not to gamble, gambling is only made for fun and not to earn some money with it.

I hope that there will be more people that will realize that gambling is actually bad to do and that you need only some luck.

Laosai

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I'm sorry but that's a dumb theory.
What you're saying in a sense is that if lots of people lose it's possible for me to win... Yeah ok.

But on "the long run" as you ay, the basic idea is that there is no "luck" involved. Only simple math. So you WILL lose, that's the obvious thing!

teilwalL05

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Quote from: Erza on March 30, 2016, 08:07:38 PM

Experience and knowledge is two different things. You can get some experience by keep playing on gambling and knowledge you can earn it not by gambling but from other side like by seeing someone playing from any information that you can get it and you need to learn it that will become your knowledge

Well I think that knowledge is even adaptable in some cases in my own of thinking experience is needed to gain knowledge and I am not saying that it is alike I was saying you will need both in every method in earning bitcoin even in gambling what if you don't have knowledge in playing a game in gambling for example poker then you will always lose and in a worst condition you will not play it because you don't know how!

Erzatium

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It can be only possible when you are really lucky in gambling, because if you are not lucky in gambling than you can a lot of money with it and that can be bad for you.
But in the most cases you will always lose more money than you spend on it but the most important is that you can have get some fun with it and enjoy the games.

Some people wants to be rich with gambling but that is not good, because you will become poor if you are doing that.

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Quote from: pateda on March 31, 2016, 07:03:07 AM

Quote from: lorylore on March 31, 2016, 05:47:46 AM

Quote from: Kingno.1 on March 31, 2016, 04:11:37 AM

Yes it can be profitable.
It is actually a skill based game.
If you will study about teams properly before their match and their home/away performances then you can make profit by betting on the right one.

Yup, there have been many people here predicting matches correctly and some of them even have won over 100 of btc. However, all these took a lot a lot of time to research and analysis.

even in short term it can be profitable but it always depends in our luck if we can make profit with our capital.

You are right, in a short term its possible but most likely this is not the case if I'm honest,
although its with a short time better possible than with a longer term if I'm honest of course because luck needs to be on your side.

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Quote from: neonshium on March 29, 2016, 12:45:59 PM

Quote from: Farma on March 26, 2016, 01:31:40 PM

Quote from: JasonXG on March 26, 2016, 01:00:23 PM

Well i'm pretty sure it can be profitable maybe like 5% or 10% of gamblers make constant profit (obviously taking loses at times) The vast majority of gamblers are too impatient and emotional thus lose everything and making up all the wins that 5% - 10% make off the house so the house is ok with that. I have been playing around and used play money and i have managed to times my mony by 5x 10x 40x 80x and the most was 367x so it is possible. But when to stop it key.

you are right. the key to it all is that we know when we have to stop playing. it is not impossible to profit in a long time in a gambling game, but if playing a continuous manner, it is likely we will lose the gamble so we did not make a profit in a long time

Yes quitting gambling at right time is more important to stay with profits. But it does not mean in short period you can stay in profit side. I do not find any difference in short run or long run for making profit with gambling.

But short run, once you make profit you are staying in profit side then that must be the right time to quit your gambling. This way you can say we need not to wait for long run to make profits with the gambling.

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Quote from: michnelli6 on March 31, 2016, 03:19:35 AM

Quote from: bitgolden on March 28, 2016, 09:57:30 AM

Quote from: Mr.grin on March 25, 2016, 12:12:46 PM

Quote from: DeathAngel on March 25, 2016, 11:09:44 AM

Gambling can be profitable in the long term - Yeah sure - If you're very good or very lucky over a sustained period. Most people though just gamble as a hobby & generally suck

may indeed be. because nothing is impossible in this world. but you also need a high luck, and if you want to try to never use a lot of bitcoin. because it could have undesirable things happen

but your luck has nothing to do with your long run in gambling. Luck works someday and favoring you to get some profit and may not in another day. If you believe on your skill, then it may work in the long run for making profits.

Yes if you are relaying on your luck then gambling will not be profitable even in long run. But knowledge and experience to grow over time to help you for making profits in long run.

What are you saying? Every gambling games sure need some luck to play the higher luck you have the more profit you will earn although you played a skill games. And the profit you gain will be that instant compare to other skill games. Knowledge and experience games is sure profit but it sure slow profit if you compare to luck games

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Quote from: lorylore on March 31, 2016, 05:47:46 AM

Quote from: Kingno.1 on March 31, 2016, 04:11:37 AM

Yes it can be profitable.
It is actually a skill based game.
If you will study about teams properly before their match and their home/away performances then you can make profit by betting on the right one.

Yup, there have been many people here predicting matches correctly and some of them even have won over 100 of btc. However, all these took a lot a lot of time to research and analysis.

even in short term it can be profitable but it always depends in our luck if we can make profit with our capital.

lorylore

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Quote from: Kingno.1 on March 31, 2016, 04:11:37 AM

Yes it can be profitable.
It is actually a skill based game.
If you will study about teams properly before their match and their home/away performances then you can make profit by betting on the right one.

Yup, there have been many people here predicting matches correctly and some of them even have won over 100 of btc. However, all these took a lot a lot of time to research and analysis.

tewd22

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Quote from: Kingno.1 on March 31, 2016, 04:11:37 AM

Yes it can be profitable.
It is actually a skill based game.
If you will study about teams properly before their match and their home/away performances then you can make profit by betting on the right one.

after a long run with gambling, if you have learned anything that could be applied for your way of gambling, then you can make some profit from gambling.

Kingno.1

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Yes it can be profitable.
It is actually a skill based game.
If you will study about teams properly before their match and their home/away performances then you can make profit by betting on the right one.

michnelli6

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Quote from: bitgolden on March 28, 2016, 09:57:30 AM

Quote from: Mr.grin on March 25, 2016, 12:12:46 PM

Quote from: DeathAngel on March 25, 2016, 11:09:44 AM

Gambling can be profitable in the long term - Yeah sure - If you're very good or very lucky over a sustained period. Most people though just gamble as a hobby & generally suck

may indeed be. because nothing is impossible in this world. but you also need a high luck, and if you want to try to never use a lot of bitcoin. because it could have undesirable things happen

but your luck has nothing to do with your long run in gambling. Luck works someday and favoring you to get some profit and may not in another day. If you believe on your skill, then it may work in the long run for making profits.

Yes if you are relaying on your luck then gambling will not be profitable even in long run. But knowledge and experience to grow over time to help you for making profits in long run.

Erza

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Quote from: teilwalL05 on March 29, 2016, 08:49:42 AM

Quote from: Erza on March 28, 2016, 08:23:36 PM

AFAIK luck games doesnt require some experience although if you gain it doesnt mean that you can get profit. Unless you are playing poker or any other skill games may be it will have any effect

You can get knowledge on how to play in any gambling game! and experience on what kind of bet you will do, in playing any kind of gambling game right so you could play gambling you will need knowledge.

Experience and knowledge is two different things. You can get some experience by keep playing on gambling and knowledge you can earn it not by gambling but from other side like by seeing someone playing from any information that you can get it and you need to learn it that will become your knowledge

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Quote from: jt byte on March 30, 2016, 03:07:17 PM

I would not recommend you to even gamble for a long run because this is just a lucky one that has so much luck to make profit on a long term.
The most under us, will only lose a lot on a long run and will never recover the money they every gambled in that time, it will be lost forever to make profit on it its gonna be difficult.

Exactly gambling can never be profitable, you would feel good if you win and that will addict you towards gambling and than you would gamble in higher amount to make it big but finally will loose everything.

jt byte

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I would not recommend you to even gamble for a long run because this is just a lucky one that has so much luck to make profit on a long term.
The most under us, will only lose a lot on a long run and will never recover the money they every gambled in that time, it will be lost forever to make profit on it its gonna be difficult.

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Quote from: lorylore on March 29, 2016, 10:42:52 AM

Quote from: wildan88 on March 29, 2016, 10:38:05 AM

Quote from: btc-facebook on March 28, 2016, 10:34:12 AM

No matter how hard I try, I'm experience of lossing if I'm keep martiangle for long term

Quote from: wildan88 on March 28, 2016, 08:41:00 AM

Quote from: airezx20 on March 28, 2016, 08:33:56 AM

It can be profitable if you are lucky to win in long run but mostly you can win in the short run if you continue you will lose..

only those who have the great luck and also have a good strategy. also can arrange bankroll that can make a profit in the long run.

Usually martiangle can make a good profit on short term. And for long term , it was rare case for happening except they can predict the result by do somekind method ( ex : hacking )

yes obviously martingale is very good for the short term, you have enough bankroll that much it would be safe to play Martiangle on short term.

i disagree with what you all have been saying. Even if you have huge bankroll, martingale can still easily wipe your bankroll clean if you are on a bad steak. Martingale can help you to win once or twice or even up to 10 times, but all the wins are small. and when you lose, you can really lose everything.

Martingale is still amazing if you have a lots of capital ieven you get a 10 streak its sure that in 11 you can be win.. make more profit after that you can stop because there's a chance that you will lose..

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I don't think this is correct for the majority of those gambling money, The casino's, dice sites and even sportbooks have their own favorable odds to them "i.e the house edge, spread" Therefore on long term the mathematical profit should be negative IMO.

lorylore

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Quote from: Newcoins2020 on March 30, 2016, 09:57:44 AM

Gambling is most likely not profitable at all and the chance that it will is even smaller on a long term if you ask me, the chance that you will lose a lot is much bigger.
I would never do this because most likely you will lose a lot of money instead of making profit with it.

i agree. As a lot of people keep saying that they have found a way to get profit. However, do take note that you can profit in the short run but all they need is just one loss for you and you will loss all your tons and tons of winning and you may even unable to recover back your bankroll.

Topic: Gambling can be profitable in the long run! It is possible! - page 21. (Read 37356 times)