Gambling can be profitable in the long run! It is possible! - page 41.

jt byte

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Quote from: tommorisonwebdesign on February 06, 2016, 07:04:53 PM

LOL! OP created an entire thread trying to rebuke my position that gambling just ends you broke. OP must work for a casino or something. Either that or they are hopelessly addicted to gambling. Oh well, I guess they're addicts everywhere. How much money do you borrow from you friends to make those millions, OP?

Well yes you must be really stupid if you think this is true.
For sure gambling can give you some winning, but in the end, it will not be profitable. There is no way this can happen.

So yes either OP works for a casino, or OP's a madman.

hua_hui

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one bad assumption is that the house edge equal to the amount of profit. the house edge is put there to make sure the casino wins more most of the time. so usually having 100k of btc bets, the casino ends way more than just 1k btc.

tommorisonwebdesign

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LOL! OP created an entire thread trying to rebuke my position that gambling just ends you broke. OP must work for a casino or something. Either that or they are hopelessly addicted to gambling. Oh well, I guess they're addicts everywhere. How much money do you borrow from you friends to make those millions, OP?

lastlove9091

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Why u think gambling can be profitable in long term?when edge house is always 1%... That means each bet you lose 1%.. In my oponion, Gambling is only for HIT and RUN

LiberOptions

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Of course that gambling can be profitable on the long run; there are a lot of professional gamblers living out of it!

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Quote from: sana54210 on February 06, 2016, 12:11:33 PM

Taking minimum risk may ensure long run. That is the reason long run may be profitable with the less bets.

If you take more risk then your bankroll will not support you for long run. You will be done out of money in very quick time. Staying with the gambling is more important to make profits.

Yes you are right. In long run every gambler becoming a professional gambler. This way they may be more stronger / intelligent enough in a particular gambling to make profits.

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Quote from: sana54210 on February 06, 2016, 12:11:33 PM

Taking minimum risk may ensure long run. That is the reason long run may be profitable with the less bets.

If you take more risk then your bankroll will not support you for long run. You will be done out of money in very quick time. Staying with the gambling is more important to make profits.

If you like gambling then, i dont think it is that bad. And if you dont like it ,then dont do it in the first place.

As simple as that, I see nothing wrong with gambling.

sana54210

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Taking minimum risk may ensure long run. That is the reason long run may be profitable with the less bets.

If you take more risk then your bankroll will not support you for long run. You will be done out of money in very quick time. Staying with the gambling is more important to make profits.

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Quote from: Nahl on February 06, 2016, 11:06:31 AM

Quote from: lrdeoliveira on February 06, 2016, 07:28:31 AM

Luck has always an important role in gambling. You can have a billion strategy but shit happens

luck is very important but unfortunately luck does not came for everytime and we was never know that how luck will to come us
and Sometimes I envious to some people has too much luck and could make profit from gambling in the long run

luck comes if someone was looking for him. well when all the time we did not always feel a fortune. if it is lucky then stop playing gambling moment. then resumed when you are sure that you will be lucky to come back.

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Quote from: Nahl on February 06, 2016, 11:06:31 AM

Quote from: lrdeoliveira on February 06, 2016, 07:28:31 AM

Luck has always an important role in gambling. You can have a billion strategy but shit happens

luck is very important but unfortunately luck does not came for everytime and we was never know that how luck will to come us
and Sometimes I envious to some people has too much luck and could make profit from gambling in the long run

There were some guys who played poker and won sports cars in poker, and even mansions.

It is luck, but you have to have some skill too, fortune doesnt always smile on you.

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Quote from: lrdeoliveira on February 06, 2016, 07:28:31 AM

Luck has always an important role in gambling. You can have a billion strategy but shit happens

hahaha, that is true, and sometimes shit happens, and it sometimes happens when you are lucky, you bet now, then after several win, you bet high amount then all of a sudden, all your coins was gone.. Cheesy

Nahl

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Quote from: lrdeoliveira on February 06, 2016, 07:28:31 AM

Luck has always an important role in gambling. You can have a billion strategy but shit happens

luck is very important but unfortunately luck does not came for everytime and we was never know that how luck will to come us
and Sometimes I envious to some people has too much luck and could make profit from gambling in the long run

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Quote from: Herbert2020 on February 06, 2016, 09:44:27 AM

Quote from: lrdeoliveira on February 06, 2016, 07:28:31 AM

Luck has always an important role in gambling. You can have a billion strategy but shit happens

luck is always important everywhere not only in gambling.
but the effect of luck is just more noticeable in gambling. so sometimes it doesn't really matter what game you play or how much you have and not even your strategy, if only you have luck then you will win big money.

But not always good luck as a benchmark victory. If you don't have a good strategy in the game-based skills for sure you will lose big. The game-based skills required is a good strategy. And to test the strategy to fight and good luck in this skill based game is the determination of the strategy used as right or wrong

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Quote from: lrdeoliveira on February 06, 2016, 07:28:31 AM

Luck has always an important role in gambling. You can have a billion strategy but shit happens

luck is always important everywhere not only in gambling.
but the effect of luck is just more noticeable in gambling. so sometimes it doesn't really matter what game you play or how much you have and not even your strategy, if only you have luck then you will win big money.

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Quote from: john2231 on February 06, 2016, 07:35:12 AM

I think even in short term it can be profitable but it always depends in our luck if we can make profit with our capital.
Also it depends in the game if you play in poker its a long run game but if you play dice game this is a short term to make profit fast because in the long run you will lose your money in dice game fast.

Yes you are indeed correct. So the conclusion is subject to gambling what you will use. If you use the Poker gambling for sure you need a long run to win. And if you choose gambling dice certainly just takes a little bit to win,

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Quote from: john2231 on February 06, 2016, 07:35:12 AM

I think even in short term it can be profitable but it always depends in our luck if we can make profit with our capital.
Also it depends in the game if you play in poker its a long run game but if you play dice game this is a short term to make profit fast because in the long run you will lose your money in dice game fast.

It depends on how much you bet and how much you play.
But I think you really just need luck and see what happens. If you bet a lot more than you can win I think.

john2231

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I think even in short term it can be profitable but it always depends in our luck if we can make profit with our capital.
Also it depends in the game if you play in poker its a long run game but if you play dice game this is a short term to make profit fast because in the long run you will lose your money in dice game fast.

lrdeoliveira

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Luck has always an important role in gambling. You can have a billion strategy but shit happens

diegz

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Quote from: futurebit640 on February 05, 2016, 03:10:17 AM

Quote from: BTCevo on February 05, 2016, 03:03:36 AM

Quote from: diegz on February 05, 2016, 01:55:36 AM

No, I don't think that gambling is profitable in the long run.. even if we say we win in a certain period, but if you compute everything, you've lost a lot already before gaining few wins.

Thats why before you lose everything it is better for you to withdraw some of your win. Dont gamble what you can't afford unless you really want to play big and have a big win that is different story. You need to control yourself before you continue what you are doing or may be set some limit, this is better

What you said is correct to withdraw some money but to withdraw first we need to win money in gambling right? Most people will always lose money in gambling so I don't think we can make money from gambling in the long run. Regular gambling will be more loses than profits.

Yeah, that is why we need to get out of the gambling site and withdraw after winning small amount, just left a few coins, in case you want to return,

and yes, we cannot really profit from gambling, I couldn't even call that as a profit, its a "consolation" Wink

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Quote from: txbtc on February 05, 2016, 06:22:35 AM

Quote from: bitlancr on February 04, 2016, 04:57:25 PM

Yes its possible but mostly not because you need a lot of luck to win big plus its also true that its always risky. Its not just named gambling, but for a good reason, the most people lose a lot on the long term.

Actually the thing is how long can you be lucky ? Never in long run, so I dont think its possible to end up with profit in long run

Poker players for example get away with millions of dollars, some poker tournaments require many 100,000$ to enter from your own money.

If you win it, you can win millions easily. Its a gamble, but professionals do that full time.

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