Gambling can be profitable in the long run! It is possible! - page 43.

philiveyjr

legendary

Activity: 840

Merit: 1000

Quote from: Supercrypt on January 27, 2016, 01:18:19 AM

Quote from: pearnapple on January 26, 2016, 02:54:07 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.

Yeah that is one way of doing it.. What i do is.. I keep a target for a day..fairly small considering my bet size.. in case I get extra money out of the day.. i put it on a parlay.! if I win through it.. Im all happy.. but incase I lose.. It doesnt matter much as I had already reached my daily target. I have been profitable like this and hopefully it continues to work on a long run.

Kepler510

member

Activity: 112

Merit: 10

Power The world for FREE!

Quote from: prtty2gal2 on January 26, 2016, 12:58:29 PM

To make gambling profitable we must follow some basic principles of gambling. Self-discipline is one of them.
Because most of the new gamblers do not follow self-discipline as they are not aware of it. It is most important to follow
self-discipline in gambling to make profits. it is only possible in long run.
.

You are so right, Kedisipan yourself is very important to make a large profit and the other major thing is a good strategy is also a factor in making a long-term profit. If the strategy used rare is sure he will make a long term advantage

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: pearnapple on January 26, 2016, 02:54:07 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.

pearnapple

sr. member

Activity: 504

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

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

beerlover

legendary

Activity: 3052

Merit: 1188

Quote from: wuvdoll on January 26, 2016, 01:22:18 PM

Quote from: safari88 on January 26, 2016, 01:18:35 PM

I think it is impossible to continue to profitable. I had quite a long time and it was really difficult. Sometimes there are surprises at every game so that we could lose.

Yes when I go for dice gambling, it is starting is profitable with the what ever strategies I am a playing. But with number of bets go high, I find only losses all the time. So, long run has nothing to do with profits.

Yes, with the simple one day gambling itself you could not find gambling is profitable. It may take more time to see yourself profitable. That is the reason many people say it will be possible for making gambling profitable in long run.

sana54210

legendary

Activity: 3318

Merit: 1128

Quote from: wuvdoll on January 26, 2016, 01:22:18 PM

Quote from: safari88 on January 26, 2016, 01:18:35 PM

I think it is impossible to continue to profitable. I had quite a long time and it was really difficult. Sometimes there are surprises at every game so that we could lose.

Yes when I go for dice gambling, it is starting is profitable with the what ever strategies I am a playing. But with number of bets go high, I find only losses all the time. So, long run has nothing to do with profits.

We can make profits someday and we cannot make in some other days. But we need to maximize the profits and minimize the losses. This way we can make profits in long run with the gambling. If you assume, there are equal chances for winning and losses in gambling then the number of days also equal. But the losses are low and the profits are high then we can make profit from gambling.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: safari88 on January 26, 2016, 01:18:35 PM

I think it is impossible to continue to profitable. I had quite a long time and it was really difficult. Sometimes there are surprises at every game so that we could lose.

Yes when I go for dice gambling, it is starting is profitable with the what ever strategies I am a playing. But with number of bets go high, I find only losses all the time. So, long run has nothing to do with profits.

safari88

legendary

Activity: 1960

Merit: 1026

I think it is impossible to continue to profitable. I had quite a long time and it was really difficult. Sometimes there are surprises at every game so that we could lose.

prtty2gal2

hero member

Activity: 1092

Merit: 523

To make gambling profitable we must follow some basic principles of gambling. Self-discipline is one of them.
Because most of the new gamblers do not follow self-discipline as they are not aware of it. It is most important to follow
self-discipline in gambling to make profits. it is only possible in long run.
.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: XinXan on January 26, 2016, 12:43:31 PM

Well it's not 50/50 a lot of people lose and only a few people end up profiting from casinos so the money is transfered to the casino and not the lucky players most of the time.

No, but the chart seen in the first post is totally possible.

There will be a group of gamblers who will always lose, and one that will always win, but the member of that group will change every time, like a shuffle.

Of course the mean is always people that mostly end up breakeven or will little losses.

XinXan

hero member

Activity: 1064

Merit: 505

Quote from: RealBitcoin on January 26, 2016, 12:18:43 PM

Quote from: koshgel on January 25, 2016, 08:38:33 PM

Casinos are a business and businesses are built to be profitable. If the Casino is losing money overall, it won't be open for long. So yes, Casinos are built to make money. People can win and be profitable but there are way more losers.

They need profits in order to satisfy the shareholders, and pay the expenses.

Take for example a bitcoin webcasino, they have a website to run (hosting fee + domain fee), they have to pay their programmers and their marketing team, or their support team. There are many expenses. And then what is left is distributed to the shareholders, wheareas in many casinos people can invest.

And all of this is based on that 0.5% house edge, so that is necessary to keep the casino open.

But other than that, it's a transfer of money from unlucky people to lucky people.

Well it's not 50/50 a lot of people lose and only a few people end up profiting from casinos so the money is transfered to the casino and not the lucky players most of the time.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: koshgel on January 25, 2016, 08:38:33 PM

Casinos are a business and businesses are built to be profitable. If the Casino is losing money overall, it won't be open for long. So yes, Casinos are built to make money. People can win and be profitable but there are way more losers.

They need profits in order to satisfy the shareholders, and pay the expenses.

Take for example a bitcoin webcasino, they have a website to run (hosting fee + domain fee), they have to pay their programmers and their marketing team, or their support team. There are many expenses. And then what is left is distributed to the shareholders, wheareas in many casinos people can invest.

And all of this is based on that 0.5% house edge, so that is necessary to keep the casino open.

But other than that, it's a transfer of money from unlucky people to lucky people.

tbterryboy

sr. member

Activity: 2030

Merit: 323

Quote from: betohell on January 25, 2016, 11:13:18 PM

of course not gambling rely on your luck to be win,, man cannot always be lucky every day. right ?

Luck does not change how long you are playing in gambling. Because we cannot predict luck will favor with the long run. So, there are no chances for making gambling profitable in long run with luck factor. But I believe luck is the only needed things to make profit with the gambling.

betohell

sr. member

Activity: 476

Merit: 250

of course not gambling rely on your luck to be win,, man cannot always be lucky every day. right ?

Erza

legendary

Activity: 1078

Merit: 1000

Quote from: Compa on January 25, 2016, 08:31:36 PM

Quote from: rickadone on January 23, 2016, 12:49:55 PM

Luck is the only factor to make profits from gambling.
Luck does not help you based on how long you have been into gambling. It works someday and not in some other day. So there are no possibilities to make profits even in long run with gambling.

If luck is the only factor to make profit from gambling. I think its impossible can be profit in the long run, all people not lucky everytime and can not always win from their betting.

That is wrong. If luck is the only factor thats why you can keep on winning it because when you start to lose you can stop it before busted all your balance. At least you can stop it when you are still on profit rather than keep playing it until you lose all of your money there. It is true that people not get their lucky all the time but I think this is a perfect way to earn some money through gambling by luck factor

koshgel

legendary

Activity: 1162

Merit: 1001

Quote from: RealBitcoin on January 25, 2016, 06:54:22 PM

Quote from: Falconer on January 25, 2016, 06:36:06 PM

Quote from: RealBitcoin on January 25, 2016, 06:19:50 PM

No, I`m not stupid. The casino is not made to make money, in the sense as making money for their clients.

The casino is only a service provider, they provide a gaming experience for their clients.

There is a difference between gaming service provider and a gambling site. A gaming service provider is something like netent and softswiss , they only provide games to play without providing any service for you to gamble. Casino exist to make money and that is the truth which you cant denied. They are afterall just a business like any others

No not video games. "Game" is a complex word and it means many things.

When we talk about the gaming industry, it usually means the gambling one, because every casino game is a game after all. But instead using virtual currency, it uses real currency.

A casino is not made to make money, because then it wont go the lengths of providing so much services. If it were only make do make money then they would choose the easiest way.

For example a lottery: odds for winning ~0%, while they get good income. An average casino offers you a 99.5% change of letting you win (on the spot), of course being a net winner is a different story.

So if it were only for money then the house edge won't be as low as 0.5% in some cases, it would be >99% (like with lottery).

So I`m still stating that casinos are not entirely built to make money.

Casinos are a business and businesses are built to be profitable. If the Casino is losing money overall, it won't be open for long. So yes, Casinos are built to make money. People can win and be profitable but there are way more losers.

Compa

legendary

Activity: 1006

Merit: 1000

Quote from: rickadone on January 23, 2016, 12:49:55 PM

Luck is the only factor to make profits from gambling.
Luck does not help you based on how long you have been into gambling. It works someday and not in some other day. So there are no possibilities to make profits even in long run with gambling.

If luck is the only factor to make profit from gambling. I think its impossible can be profit in the long run, all people not lucky everytime and can not always win from their betting.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: Falconer on January 25, 2016, 06:36:06 PM

Quote from: RealBitcoin on January 25, 2016, 06:19:50 PM

No, I`m not stupid. The casino is not made to make money, in the sense as making money for their clients.

The casino is only a service provider, they provide a gaming experience for their clients.

There is a difference between gaming service provider and a gambling site. A gaming service provider is something like netent and softswiss , they only provide games to play without providing any service for you to gamble. Casino exist to make money and that is the truth which you cant denied. They are afterall just a business like any others

No not video games. "Game" is a complex word and it means many things.

When we talk about the gaming industry, it usually means the gambling one, because every casino game is a game after all. But instead using virtual currency, it uses real currency.

A casino is not made to make money, because then it wont go the lengths of providing so much services. If it were only make do make money then they would choose the easiest way.

For example a lottery: odds for winning ~0%, while they get good income. An average casino offers you a 99.5% change of letting you win (on the spot), of course being a net winner is a different story.

So if it were only for money then the house edge won't be as low as 0.5% in some cases, it would be >99% (like with lottery).

So I`m still stating that casinos are not entirely built to make money.

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: RealBitcoin on January 25, 2016, 06:19:50 PM

No, I`m not stupid. The casino is not made to make money, in the sense as making money for their clients.

The casino is only a service provider, they provide a gaming experience for their clients.

There is a difference between gaming service provider and a gambling site. A gaming service provider is something like netent and softswiss , they only provide games to play without providing any service for you to gamble. Casino exist to make money and that is the truth which you cant denied. They are afterall just a business like any others

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: michinzx on January 20, 2016, 06:32:39 AM

Quote from: RealBitcoin on January 20, 2016, 06:27:13 AM

The casino is not built to be a money making place, so you have the wrong idea what a casino is. It's only a game industry like video games, etc, where you buy the experience of the game. Thats all it is.

why would you even say something like that? are you stupid? of course a casino exists to make money, its a business. if it existed for entertainment like your delusional self says, they wouldnt kick out card counters, they would just throw money at whoever walks in, and they might even allow blackjack players to look at the entire deck while playing. its a business to make money, nothing more, the entertainment is there to keep people playing and losing.

No, I`m not stupid. The casino is not made to make money, in the sense as making money for their clients.

The casino is only a service provider, they provide a gaming experience for their clients.

They kick out cheaters because it threatens their house edge, which is their sole revenue source. However if it's a closed source game like poker, then it's no big deal.

I wait for online bitcoin poker sites or like pokerstars to accept bitcoin. You just play poker online, and they charge like 3-4% fees on your winnings, thats all, it would be reasonable.

Topic: Gambling can be profitable in the long run! It is possible! - page 43. (Read 37356 times)