There already are tons of gambling websites and casinos with more popping up everyday around the globe. This is because they are profitable, very profitable, and with the fact that their major source of revenue is your stake, with the only other one I can think of being ad revenue on their website, this means they are profiting off the players.
Majority of players lose everyday with only a few winning and they also structure the games to favor the house and put you at the disadvantage. Just gamble for fun and do not stake too much on it.
- Jay -
The rise of gambling platforms doesn't mean that players are all profitable in gambling. Rather it is because casino owners see how many people are hooked up with the idea of earning profit from this industry and that is what they are taking advantage of. It would be much reasonable to say that more people are seeing the demand in gambling which makes them desire of being the provider than a consumer. House most of the time wins in the first place and knowing how many gambling sites are being born nowadays, is not a surprise.
There have been saying that before you win a game in gambling, you would have lost enough funds and that means you didn't win any new or extra money to yourself but the casino return part of your money which you have lost before to you. And some will still say that what about those who have not playing gamble before and they won in their first day in gambling. Well those people newly converts to the gambling system will still dash the casino company that win again because the first time win is always to lure them to the system and making them to perpetual adoration to gamble. And I don't think someone in the gambling industry has as a win win gambling history. Or you wins are bigger than the loss. And all the experiences I have in gambling I have not seen that and also those of my friends who are gamblers have not to me that they only win and there is no loss record in their gambling history. And all the ones I have seen and known, the loses are more than the wins. And when I carefully look at the argument I also accept the assertion that what you win was part of your loss. Is that true? Make your input.
Well, honestly there are gamblers who are in profit. It depends on your gambling habits; those who are in profit are either ones who won the jackpot or those which are often securing winnings. The idea behind this is consistency and inconsistency. Nothing's consistent in gambling; you won't win continuously but that also means you won't lose always. If you are able to manage your bankroll and wagers, then you could be in profit. The only instance you'd be permanently at loss if if you lose increasing amounts but if it is with the opposite such as being able to lower your bet after a win, or to be consistent in a way with the amount you are betting, then you could be in profit. There are factors which differs the idea; the game you are playing and overall efficiency as a gambler. With pure luck games, gambling consistently will put you in huge loss but with strategical gambling activities such as sports betting, you would only bet on times you are confident with the team or players you are interested with. Key to profit is management of funds, and control with emotions while gambling. This might not be evident to all gamblers but we cannot generalize that everyone has the same fate and fortune.
Yes there are, but we cannot set aside the fact that most of the gamblers are in loss, in the long run. There are just gamblers, as you have mentioned, which are lucky enough to win big amount of money. Those who won varies on the wy they handle their winnings. Those who will be eager to re-use the money in gambling are the ones ending to lose all of those which they earned.