Gambling can be profitable in the long run! It is possible! - page 42.

txbtc

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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

shoaibBTC

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Seriously I dont think its true for me, the long run is bad for me at least.

jchst

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I don't agree with you, Yes 1 or 2 can be profitable on the long run but not the majority definitely or else casino would be broken already, The majority must lose money on the long run for casinos to continue.

futurebit640

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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.

BTCevo

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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

diegz

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Quote from: CoinHopper on February 05, 2016, 01:57:01 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.

It is theoretically possible for you to win every time you bet... If you have that kind of luck, that is.

Yeah luck. there are few lucky guys in gambling, still too risky to gambling, once we've put our penny into it, it seems like we are putting a fire on it and slowly burn everything.

CoinHopper

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Two heads are better than one.

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.

It is theoretically possible for you to win every time you bet... If you have that kind of luck, that is.

diegz

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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.

bitlancr

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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.

crytoboost

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In long term gambling always kill and keep people dreaming about to get recover their lose on day, if someone think he can keep himself into profitable environment in long run than it will be big mistake if we have some reasonable amount as pure profit by doing gambling.

darkangel11

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Quote from: bitlancr on February 04, 2016, 10:26:59 AM

Yes its possible but most people lose a lot by gambling with big numbers, also thinking it depends on how you gamble and why you gamble. The second thing is that you also need a certain amount of luck to win and make profit.

Luck is just a term. There's no such thing in reality. Do you think people who count cards in blackjack rely on luck?

RealBitcoin

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Quote from: maku on February 04, 2016, 10:15:42 AM

Quote from: RealBitcoin on February 04, 2016, 09:54:57 AM

Playing at negative expectancy gives you the real chills, because it's very exciting if you win big because it required bigger luck, than with positive expectancy.

Thats is why winning the lottery is so exciting.

How exactly this has to do with long run profits from gambling? Of course winning is exiting, no matter if that is lottery or Dice.
But you can be lucky for a period of time and not all the time, that is why living from gambling alone is very hard and almost impossible.

You can win the jackpot fast, under negative expectancy, which adds extra pressure and excitement to it.

pooya87

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very interesting topic.
i liked the fact that you look at the issue from different angles.

and in the end as i always say, gambling is just a game of luck, you can not and should not plan on getting rich over it.

Mars110

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Yes it is very possible. Because gambling also has huge opportunities to people who are experts in gambling. Gambling is indeed profitable, if we understand how to play and have a good strategy and good luck. Certainly if they have a strategy that always work and keberutungan always accompanying surely they will win in a long period of time and it is certain they will win big.

NB: without a strategy and luck. Surely you will have bad fortune in gambling

SuckSeed

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How Long ? i never mind it, except you're lucky and how much your money you have on your wallet(balance)

bitlancr

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Yes its possible but most people lose a lot by gambling with big numbers, also thinking it depends on how you gamble and why you gamble. The second thing is that you also need a certain amount of luck to win and make profit.

maku

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Quote from: RealBitcoin on February 04, 2016, 09:54:57 AM

Playing at negative expectancy gives you the real chills, because it's very exciting if you win big because it required bigger luck, than with positive expectancy.

Thats is why winning the lottery is so exciting.

How exactly this has to do with long run profits from gambling? Of course winning is exiting, no matter if that is lottery or Dice.
But you can be lucky for a period of time and not all the time, that is why living from gambling alone is very hard and almost impossible.

RealBitcoin

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Playing at negative expectancy gives you the real chills, because it's very exciting if you win big because it required bigger luck, than with positive expectancy.

Thats is why winning the lottery is so exciting.

Kevin77

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Quote from: wearepoor on January 30, 2016, 01:27:57 PM

Quote from: Supercrypt on January 27, 2016, 02:18:19 AM

Quote from: pearnapple on January 26, 2016, 03:54:07 PM

it is impossible and no one should try it out because people will not be able to win a lot of money in a long run, i hope that no one will try it as they will end up being broke and nothing else

In long run means, you must ensure how long you will be sticking with gambling. Many gamblers starting their gambling with bigger bet amounts and they get losses in quicker time. But if you start with the smaller bet amount you can play long time so, that you can ensure some profits at the end.

I Think its totally depends on the luck, if you have good day then you can even win with big bet amount but if you have a bad day then you can even loose all the games. But still if you play with small bets then there will be minimum loss and you can also play for longer time.

Yes thats right. I think there is no guarantee of winning when gambling, but yeah you can always make your loss or say risk les, by reducing your amount to lower and lower. Sometimes if you feel lucky, you may go bonkers too Cheesy

wearepoor

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Quote from: Supercrypt on January 27, 2016, 02:18:19 AM

Quote from: pearnapple on January 26, 2016, 03:54:07 PM

it is impossible and no one should try it out because people will not be able to win a lot of money in a long run, i hope that no one will try it as they will end up being broke and nothing else

In long run means, you must ensure how long you will be sticking with gambling. Many gamblers starting their gambling with bigger bet amounts and they get losses in quicker time. But if you start with the smaller bet amount you can play long time so, that you can ensure some profits at the end.

I Think its totally depends on the luck, if you have good day then you can even win with big bet amount but if you have a bad day then you can even loose all the games. But still if you play with small bets then there will be minimum loss and you can also play for longer time.

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