How much can you earn with gambling? - page 116.

cellard

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Quote from: Whosdaddy on December 12, 2015, 12:32:00 PM

Quote from: Supercrypt on December 09, 2015, 01:31:29 AM

Quote from: CasioK on December 09, 2015, 01:29:32 AM

Quote from: tommorisonwebdesign on December 08, 2015, 10:05:14 PM

If you are a risk taker and potentially have a high amount of Bitcoin to spend on casinos, it may be a once in a while investment. Most people do not make a living off of gambling off of Bitcoin casinos and I would discourage Bitcoin gambling as much as possible. Once in a while might be okay, but all the time is too much. Nobody wins gambling, and the less you gamble, the better.

Yes, gambling needs just dedication to win with a particular skill. So, if we have enough skill to make profits then we can just follow the some idea and stargey to get bigger returns from gambling. The amount of winning from gambling is always big as I have seen around my friends circle.

For some people, gambling is the good resources for making handsome amount of return as gambling reward, which can be achieved by them. Because gambling just need some knowledge and well management of risk.
So, if we have capability to manage our risk. Then making big profit from gambling is so easy.

Yes, the amount of wining from gambling is absolutely based on the skill we have towards gambling. Because gambling has both extremes: winning side as well as loosing side. Intelligent people simply go to wining side and making lot of money from it. So making money from gambling is countless.

It depends on what game you are playing. Of course poker takes skill, but im not sure about dice, roulette or slots. Isn't this 100% luck? there's not much skill you can use on those games, specially slot which is basically clicking on "spin".

BitMaxz

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BTC price road to $80k

Until now i didnt gain or earn bitcoins in any dice game roulette or card games.
But i earn on lotteries before 2 months ago and also in sports bettings.
I think i earn around 4-6 bitcoins in total and i lost only 1 btc.

Whosdaddy

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Quote from: Supercrypt on December 09, 2015, 01:31:29 AM

Quote from: CasioK on December 09, 2015, 01:29:32 AM

Quote from: tommorisonwebdesign on December 08, 2015, 10:05:14 PM

If you are a risk taker and potentially have a high amount of Bitcoin to spend on casinos, it may be a once in a while investment. Most people do not make a living off of gambling off of Bitcoin casinos and I would discourage Bitcoin gambling as much as possible. Once in a while might be okay, but all the time is too much. Nobody wins gambling, and the less you gamble, the better.

Yes, gambling needs just dedication to win with a particular skill. So, if we have enough skill to make profits then we can just follow the some idea and stargey to get bigger returns from gambling. The amount of winning from gambling is always big as I have seen around my friends circle.

For some people, gambling is the good resources for making handsome amount of return as gambling reward, which can be achieved by them. Because gambling just need some knowledge and well management of risk.
So, if we have capability to manage our risk. Then making big profit from gambling is so easy.

Yes, the amount of wining from gambling is absolutely based on the skill we have towards gambling. Because gambling has both extremes: winning side as well as loosing side. Intelligent people simply go to wining side and making lot of money from it. So making money from gambling is countless.

Erza

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Quote from: tommorisonwebdesign on December 08, 2015, 10:05:14 PM

If you are a risk taker and potentially have a high amount of Bitcoin to spend on casinos, it may be a once in a while investment. Most people do not make a living off of gambling off of Bitcoin casinos and I would discourage Bitcoin gambling as much as possible. Once in a while might be okay, but all the time is too much. Nobody wins gambling, and the less you gamble, the better.

Nope, risk taker is good thing if you can control it. Like you said someone potentially have a great amount of bitcoin to bet that means he potentially has a chance to get more from average people if they know how to bet. So you can get pretty good profit. If there is nobody wins in gambling I dont think casino will not keep being opened

Supercrypt

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Quote from: CasioK on December 09, 2015, 01:29:32 AM

Quote from: tommorisonwebdesign on December 08, 2015, 10:05:14 PM

If you are a risk taker and potentially have a high amount of Bitcoin to spend on casinos, it may be a once in a while investment. Most people do not make a living off of gambling off of Bitcoin casinos and I would discourage Bitcoin gambling as much as possible. Once in a while might be okay, but all the time is too much. Nobody wins gambling, and the less you gamble, the better.

Yes, gambling needs just dedication to win with a particular skill. So, if we have enough skill to make profits then we can just follow the some idea and stargey to get bigger returns from gambling. The amount of winning from gambling is always big as I have seen around my friends circle.

For some people, gambling is the good resources for making handsome amount of return as gambling reward, which can be achieved by them. Because gambling just need some knowledge and well management of risk.
So, if we have capability to manage our risk. Then making big profit from gambling is so easy.

CasioK

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Quote from: tommorisonwebdesign on December 08, 2015, 10:05:14 PM

If you are a risk taker and potentially have a high amount of Bitcoin to spend on casinos, it may be a once in a while investment. Most people do not make a living off of gambling off of Bitcoin casinos and I would discourage Bitcoin gambling as much as possible. Once in a while might be okay, but all the time is too much. Nobody wins gambling, and the less you gamble, the better.

Yes, gambling needs just dedication to win with a particular skill. So, if we have enough skill to make profits then we can just follow the some idea and stargey to get bigger returns from gambling. The amount of winning from gambling is always big as I have seen around my friends circle.

tommorisonwebdesign

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If you are a risk taker and potentially have a high amount of Bitcoin to spend on casinos, it may be a once in a while investment. Most people do not make a living off of gambling off of Bitcoin casinos and I would discourage Bitcoin gambling as much as possible. Once in a while might be okay, but all the time is too much. Nobody wins gambling, and the less you gamble, the better.

tigerfree

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Quote from: Wendigo on September 27, 2015, 10:35:27 AM

The sky is the limit with gambling dude Cool

Good luck!

Cortive

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Quote from: yoona on December 08, 2015, 04:47:00 PM

i can't remember how much i get from gambling,but its fast way to get bitcoin,of course with easy way.but i think its not a safe and good way.
if i must check how much i earn,maybe its on 0.5 BTC,its a small amount.

Gambling is a face way to get bitcoin only if you're a risk taker.

yoona

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Live by your own rules

i can't remember how much i get from gambling,but its fast way to get bitcoin,of course with easy way.but i think its not a safe and good way.
if i must check how much i earn,maybe its on 0.5 BTC,its a small amount.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: virtualx on December 08, 2015, 02:47:20 PM

Quote from: raysa on December 08, 2015, 02:43:06 PM

play with small amout will get small profit, but if we play with big one we will lose it, MAGIC!

With big investment you can also earn big. Example case:
MIT Blackjack Team started on 1 August 1980. The investment stake was $89,000. Next 10 weeks were earning $80/hour while investors achieved an annualized return in excess of 250%.

I doubt he was referring to proportional earnings in investments, but rather that he doubts the fairness of the sites and businesses
when it comes to their customers or associates.
Ofcourse you have better shot at higher earnings if you bet bigger, i don't believe that was ever in question.

virtualx

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LOTEO

Quote from: raysa on December 08, 2015, 02:43:06 PM

play with small amout will get small profit, but if we play with big one we will lose it, MAGIC!

With big investment you can also earn big. Example case:
MIT Blackjack Team started on 1 August 1980. The investment stake was $89,000. Next 10 weeks were earning $80/hour while investors achieved an annualized return in excess of 250%.

jamieebotwin

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I play Dice 0.2 btc earn today

raysa

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play with small amout will get small profit, but if we play with big one we will lose it, MAGIC!

virtualx

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LOTEO

Quote from: Jwalker. on December 07, 2015, 05:44:42 PM

You can't really make anything from gambling unless you have a talent for gambling.

You can make a lot of money from gambling but it depends on your strategy, how much you invest, greed and what game you play. In a single dice roll you can easily make + 10% of your investment.

AtheistAKASaneBrain

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As a gamble the best thing yo can do is to learn how to self control your emotions, just like in the day trading business. You can never try to take revenge on your luck, just like you can't take revenge on the market not doing what you expected. You take your loss and go home and hope for better fortune next day. Knowing when to stop is key.

BTCevo

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Quote from: Denker on December 07, 2015, 12:18:19 PM

Quote from: Blawpaw on December 04, 2015, 10:16:58 AM

If you have a good strategy you can win a lot. You just need to control yourself when facing a big loss.

I'm not sure if there are really good strategies to be honest.Dou you have any specific examples?
I think this also depends from what kind of gamble you're doing.
For instance sport bets can be some kind of predictable, but also it can end up with complete unexpected results.
I'm of the opinion the biggest part of it all is just luck. Sometimes you have a winning streak and you can finish the day as a lucky man. And on another day the luck isn't on your side.

Yes it is true. There is no strategy when it comes to gambling, but what I do know there is only martingale that can be used in gambling and there will be a guarantee payout when you have enough balance to cover your loss. But again this is gambling so all of these is based on luck, if you dont have any luck you will face losing streak too and sometimes you will not be able to cover your loss.

Quote from: Denker on December 07, 2015, 12:18:19 PM

As long as you have fun, know your limits and show discipline there is nothing to worry about.

Btw this is not something that I can agree on because there is no fun at all when you are losing. Gambling is the place for doubling your money but with a high risk so there will be not fun at all. But you will full of joy when there is a win mostly big winning Grin

Jwalker.

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You can't really make anything from gambling unless you have a talent for gambling.

bitart

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Vires in Numeris

Quote from: BitMaxz on December 07, 2015, 01:46:01 PM

Quote from: virtualx on December 07, 2015, 01:30:11 PM

Quote from: Aggressor66 on December 07, 2015, 12:52:29 PM

I don't think many people understand what "the house edge" means. Those who do understand it, never gamble. They understand that to play is simply foolish. The rest think there is some force called Luck or some trick to overcome the odds.

In dice you can win even if you know about house edge, the trick is to play around it. You need a really good strategy for this. I earned quite a few BTC with dice and didn't lose anything.

Can you share that methods? i always trying on fastdice (free satoshis) via bot or ghost play. i choose 8% chance to win and then i also set it if the bet is loss it automatically double your bet into 100% i do this method.
so 1000 satoshi's is my capital then with this method i set i got 5000 satoshi's but above of it you will lost if i continue... i tried it manytimes but
In the end lost.
I change the percentage of winning chance to 90% but i can only got 2000 satoshis'' then in the end lost again....

Can you share your strategy? i will try it if you share it..

If it's a really working strategy, I think you won't be told. What is the reason for someone, who developed (found) a good working strategy to tell it to everyone? If it's working, gambling sites won't like it because it will decrease their profit. Maybe if it's a really good method to win, it can be easily become forbidden. If it's available for everyone, everyone will use only this strategy and the gambling sites could close the business if they only lose because of the new strategy.

Supercrypt

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Quote from: coinplus on December 07, 2015, 01:25:06 PM

Quote from: Denker on December 07, 2015, 12:18:19 PM

Quote from: Blawpaw on December 04, 2015, 10:16:58 AM

If you have a good strategy you can win a lot. You just need to control yourself when facing a big loss.

I'm not sure if there are really good strategies to be honest.Dou you have any specific examples?
I think this also depends from what kind of gamble you're doing.
For instance sport bets can be some kind of predictable, but also it can end up with complete unexpected results.
I'm of the opinion the biggest part of it all is just luck. Sometimes you have a winning streak and you can finish the day as a lucky man. And on another day the luck isn't on your side.
As long as you have fun, know your limits and show discipline there is nothing to worry about.

Even some type of gambling allow users to predict and play like sport betting, there is no way for consistent winning in each and every time. Uncertainty is the best entertainment we can enjoy from gambling. Uncertainty means some time profits or losses or doubling your investment or complete wipe out like that.

If you are ready to love uncertainty means then gambling would be your biggest entertainment, no other things can match it. But the same thing might lead to addictions which is more danger. The fun or money we are aiming to get from gambling must be in a controlled level.

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