Gambling can be profitable in the long run! It is possible! - page 44.

jostorres

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Quote from: -Tx-Rider on January 23, 2016, 07:17:39 PM

I like the scheme made by OP. It is quite accurate ... well, statistically. But for everyone of us it is irrelevant whether we have 90% or 10% chance of winning. What matters is whether we actually win or lose. So gambling can be profitable in the long run as much as it can't.

Gambling can be profitable only based on our own performance. I guess long run may help for a better performance. But profits or losses are equally possible with gambling always.

-Tx-Rider

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I like the scheme made by OP. It is quite accurate ... well, statistically. But for everyone of us it is irrelevant whether we have 90% or 10% chance of winning. What matters is whether we actually win or lose. So gambling can be profitable in the long run as much as it can't.

HarizDB

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Gambling can off course be very profitable in the long run. If you do have the right mindset and the set of skills required by the type of gambling your using, you could turn a hobby of yours to a side income, or even, for the best of gamblers, your main income. Imagine this: once, you just gambled casually, having fun, or trying to earn yourself a few bucks for beer money - and eventually beeing able to earn a whole lot of money by doing something you like and love. This sounds like the perfect dream.

Kevin77

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Quote from: Aleator on January 23, 2016, 01:00:24 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.

play with luck it must be, but if you have big luck with only a small money, what will you do next? let your money gone, because your luck wont hanging for all time you gamble.

To make long run you need to spend lot of amount for gambling. It is not at all recommended to spend more money for gambling. So I do not agree gambling would be profitable in long run. It is highly dependent on our luck. Our luck may favor in long run or in short-term itself to make profits from gambling.

beerlover

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Quote from: Aleator on January 23, 2016, 01:00:24 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.

play with luck it must be, but if you have big luck with only a small money, what will you do next? let your money gone, because your luck wont hanging for all time you gamble.

The more you work harder you will find more luciker. This may be most suitable for long run gamblers. Because if we work hard to learn all the aspects of gambling techniques, we can find ourselves more like year to win some profit from gambling in long run.

Aleator

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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.

play with luck it must be, but if you have big luck with only a small money, what will you do next? let your money gone, because your luck wont hanging for all time you gamble.

rickadone

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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.

michinzx

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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.

RealBitcoin

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Quote from: michinzx on January 20, 2016, 06:23:26 AM

theyre not truly better odds though, they just reduce the edge for you a little bit, and most of the time its not even enough to make that big of a difference. its just something thats there so people will play more and lose more if they want to obtain vip status or something. if the casino is offering it, chances are theyre making a lot more money off of it than youre winning from it.

Well yes but legally and in technical terms casinos are an entertainment industry, not a financial one.

The casino is actually an entertainment place, where you pay a comission (house edge) to play, and you pay for the gaming experience.

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.

People are foolish to think that it's something else.

michinzx

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Quote from: RealBitcoin on January 20, 2016, 06:20:49 AM

Quote from: michinzx on January 20, 2016, 06:18:19 AM

Quote from: davinchi on January 08, 2016, 06:03:22 AM

Quote from: btckold24 on January 08, 2016, 05:45:11 AM

yeah my husband makes money at poker but it has made him hate playing it.

He calls it a grind and no longer fun. Sports he is up and down and I lose
most the time when I try and have fun and gamble (unless its vegas slots)

I have won the 2 times I have gone lol. (lucky)

Poker games, that too player against player is highly skill based, over gaining some experience with it, you can manage to make some profits like many gamblers explained here.
Poker games and sports betting are known for profitable in longer run. Because with your experience you become veteran gambler to predict accurately.

being a "veteran" has absolutely nothing to do with how accurate your bets will be, your success on sportsbooks depends on your research and ability to judge the value of the bet if the sportsbooks's given values are incorrect. by doing so, you can ensure yourself an edge and maintain +EV in the long run and profit.

Some casinos give you better odds if you have higher ranks.

For example in real casinos, slot machines range in house edge from 1-30%, and have max bet size. The casino could offer you to play with 1% house edge ,and say 10,000$ max bet limit if you are veteran, while only let you play 30% edge and 100$ bet limit if you are new.

theyre not truly better odds though, they just reduce the edge for you a little bit, and most of the time its not even enough to make that big of a difference. its just something thats there so people will play more and lose more if they want to obtain vip status or something. if the casino is offering it, chances are theyre making a lot more money off of it than youre winning from it.

RealBitcoin

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Quote from: michinzx on January 20, 2016, 06:18:19 AM

Quote from: davinchi on January 08, 2016, 06:03:22 AM

Quote from: btckold24 on January 08, 2016, 05:45:11 AM

yeah my husband makes money at poker but it has made him hate playing it.

He calls it a grind and no longer fun. Sports he is up and down and I lose
most the time when I try and have fun and gamble (unless its vegas slots)

I have won the 2 times I have gone lol. (lucky)

Poker games, that too player against player is highly skill based, over gaining some experience with it, you can manage to make some profits like many gamblers explained here.
Poker games and sports betting are known for profitable in longer run. Because with your experience you become veteran gambler to predict accurately.

being a "veteran" has absolutely nothing to do with how accurate your bets will be, your success on sportsbooks depends on your research and ability to judge the value of the bet if the sportsbooks's given values are incorrect. by doing so, you can ensure yourself an edge and maintain +EV in the long run and profit.

Some casinos give you better odds if you have higher ranks.

For example in real casinos, slot machines range in house edge from 1-30%, and have max bet size. The casino could offer you to play with 1% house edge ,and say 10,000$ max bet limit if you are veteran, while only let you play 30% edge and 100$ bet limit if you are new.

Newcoins2020

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Quote from: XinXan on January 20, 2016, 06:14:02 AM

Quote from: pearnapple on January 19, 2016, 03:35:02 PM

Quote from: piebeyb on January 19, 2016, 11:45:36 AM

yes it is possible if you have a big capital and has gambling sites

its not important how much money you have, if you will not be lucky enough you will not be able to make vast amounts of money, i think luck is the key

That's a lie, it is very important actually. If your target is to make 0.1 bitcoins and you only have 0.01 bitcoins, it's going to be harder than having 10 bitcoins for example, why? With 10 bitcoins, you can simply bet on 98.9% which gives you 0.01 profit, you have almost a 99% chance of winning this way meanwhile when you have 0.01 bitcoins you would have to win a 9% bet which is obviously much harder.

Yeah that is why we see a lot of people winning more bitcoin who people bet more with bitcoin.
The problem is just not a lot of people have that much money to gamble.

I just suggest to those people do some faucets and learn to gamble before the real deal money.

michinzx

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Quote from: davinchi on January 08, 2016, 06:03:22 AM

Quote from: btckold24 on January 08, 2016, 05:45:11 AM

yeah my husband makes money at poker but it has made him hate playing it.

He calls it a grind and no longer fun. Sports he is up and down and I lose
most the time when I try and have fun and gamble (unless its vegas slots)

I have won the 2 times I have gone lol. (lucky)

Poker games, that too player against player is highly skill based, over gaining some experience with it, you can manage to make some profits like many gamblers explained here.
Poker games and sports betting are known for profitable in longer run. Because with your experience you become veteran gambler to predict accurately.

being a "veteran" has absolutely nothing to do with how accurate your bets will be, your success on sportsbooks depends on your research and ability to judge the value of the bet if the sportsbooks's given values are incorrect. by doing so, you can ensure yourself an edge and maintain +EV in the long run and profit.

XinXan

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Quote from: pearnapple on January 19, 2016, 03:35:02 PM

Quote from: piebeyb on January 19, 2016, 11:45:36 AM

yes it is possible if you have a big capital and has gambling sites

its not important how much money you have, if you will not be lucky enough you will not be able to make vast amounts of money, i think luck is the key

That's a lie, it is very important actually. If your target is to make 0.1 bitcoins and you only have 0.01 bitcoins, it's going to be harder than having 10 bitcoins for example, why? With 10 bitcoins, you can simply bet on 98.9% which gives you 0.01 profit, you have almost a 99% chance of winning this way meanwhile when you have 0.01 bitcoins you would have to win a 9% bet which is obviously much harder.

RealBitcoin

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Quote from: hua_hui on January 19, 2016, 03:14:14 PM

Quote from: piebeyb on January 19, 2016, 11:45:36 AM

yes it is possible if you have a big capital and has gambling sites

having big capital will just let u have profit in the short run, but in the long run, one long steak can wipe ur capital out. that is what happens to tons of ppl out there.

and having a gambling sites and ur bitcoin to support it is more of an investment n not gamble cause u have the house edge on ur advantage.

If you martingale with huge capital, its more than likely that you will not use it.

That is why roulette tables have max betsize limits.

If you would go in with 1 billion $, and start martingaling in a roulette table, it's more than likely that you will not loose it.

However if you do, then all money is lost.

Compa

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Quote from: pearnapple on January 19, 2016, 03:35:02 PM

Quote from: piebeyb on January 19, 2016, 11:45:36 AM

yes it is possible if you have a big capital and has gambling sites

its not important how much money you have, if you will not be lucky enough you will not be able to make vast amounts of money, i think luck is the key

I agree, i just believe about a luck in gambling, but this luck will not come everyday. We cant win all the time.
So, if you have a got profit you know to stop playing and enjoy your profit.

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Quote from: piebeyb on January 19, 2016, 11:45:36 AM

yes it is possible if you have a big capital and has gambling sites

its not important how much money you have, if you will not be lucky enough you will not be able to make vast amounts of money, i think luck is the key

hua_hui

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Quote from: piebeyb on January 19, 2016, 11:45:36 AM

yes it is possible if you have a big capital and has gambling sites

having big capital will just let u have profit in the short run, but in the long run, one long steak can wipe ur capital out. that is what happens to tons of ppl out there.

and having a gambling sites and ur bitcoin to support it is more of an investment n not gamble cause u have the house edge on ur advantage.

RealBitcoin

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I`d just personally go with low risk, and not risking much money. Gambling is fun when you win a lot, and lose little.

So i`d just go with dice sites, easy comfortable, win with 1 push of a button. Get some relaxing music in the background, a drink, and start the show. It feels exciting and has a good mood to it.

piebeyb

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yes it is possible if you have a big capital and has gambling sites

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