How much can you earn with gambling? - page 117.

BitMaxz

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Playbet.io - Crypto Casino and Sportsbook

Quote from: virtualx on December 07, 2015, 12:30:11 PM

Quote from: Aggressor66 on December 07, 2015, 11:52:29 AM

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..

Dux2K

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Blocklancer - Freelance on the Blockchain

You can earn much also you can loose
Cuz hoyse always wins

virtualx

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LOTEO

Quote from: Aggressor66 on December 07, 2015, 11:52:29 AM

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.

coinplus

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Quote from: Denker on December 07, 2015, 11:18:19 AM

Quote from: Blawpaw on December 04, 2015, 09:16:58 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.

Aggressor66

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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.

AncilVTwo

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really gambling is not to earn money, i see it as a thing you can do if you are bored and feel like having some fun, i dont see it as a job where you can earn money.

davinchi

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Quote from: Denker on December 07, 2015, 11:18:19 AM

Quote from: Blawpaw on December 04, 2015, 09:16:58 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.

Very nice points.
The funny thing with gambling is even after following many professionalism things, many gamblers could not find themselves in profit side. So, there is no certain formula, if we follow to end up in profits from gambling. Even some people achieve some profits, there is no guarantee for success for another person following same guidelines.

Nameless Coin

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Quote from: Denker on December 07, 2015, 11:18:19 AM

Quote from: Blawpaw on December 04, 2015, 09:16:58 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.

Yeah true you need to be lucky with gambling the games like blackjack they are some stratagies or poker.
But yeah gambling is a lucky game.

Denker

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Quote from: Blawpaw on December 04, 2015, 09:16:58 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.

Yakamoto

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Quote from: tn211 on December 07, 2015, 10:24:58 AM

Well with me I have earn 50 bucks but at the end I just lose a lot of my money.
So actually gambling is not so worth it if you think.

I can speak from experience, this is what happens.

My experience isn't as dramatic, but I had done some sports betting yesterday, with about $10, and I ended up losing on a safe bet because the league is in its off season right now, and thus they were screwing around and lost against a weak team. So I am currently down $8, when subtracting my winnings from other bets.

On the flip side, if you are exceptionally lucky, you can earn a large amount from one good roll or spin of anything, and make quite a large sum of money by taking everyone else's.

neochiny

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Crypto.games

earning with gambling is hard even if you have a
high bankroll, but having patience will help you
to get to goal in earning with gambling but its better
if the site your playing at has a tournament going
which if you win you can actually earn something
big. it maybe risky but patience and luck is what you
need.

tn211

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Well with me I have earn 50 bucks but at the end I just lose a lot of my money.
So actually gambling is not so worth it if you think.

BTCBinary

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You can earn a lot by gambling. But you can also loose all your stack pretty fast. Gambling requires you to apply diferent strategies to make gambling profitable. Besides a gambler needs to be mentaly prepared to loose.

n2004al

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Quote from: bitcoin567 on November 30, 2015, 04:03:10 PM

with gambling you can earn extremely huge money

And you will be very rich with all those extremely, huge, immeasurable money. All the world will be under your feet. You will be crown the New King. All the people will love to touch you because in this way were be blessed for all their life. You will give them (not to all because not all of them will deserve your attention) your benediction too. Maybe even some penny. Not more. Because you will want all that extremely, huge, immeasurable money to gamble again and to have again the same money. In gambling can be won every time can be played. But must be specialist and professional like you. Must the right strategies and make good plans. Studied even in the most little particulars. Must do big calculations and must have studied tens of gamble books. Books like: How stupid can be someone? In which way the stupidity can conquer the mind of stupids? The stupidity without end. Why the stupids remain stupids whatever can be made to bring them in the real life? And other book of this series. After all the above you are ready to have without end extremely, huge, immeasurable money. All from gambling. Angry

coinplus

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Quote from: davinchi on December 05, 2015, 03:28:22 AM

Quote from: Zaun on December 04, 2015, 10:38:58 AM

Earning with gambling is easy just play poker there you play with player vs player.

If you are good enought you can win a lot of money.

Yes, I do see many people here has suggested the poker gambling against another real player not against machine will give better chances for winning. I will try this in real gambling houses in order to extend my gambling profits streak hopefully.

May be a good idea of playing poker against another poker player. I do see many people are saying gambling would be good and profitable when we play among human but not against the machine which is virtually against the gambling houses.

davinchi

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Quote from: Zaun on December 04, 2015, 10:38:58 AM

Earning with gambling is easy just play poker there you play with player vs player.

If you are good enought you can win a lot of money.

Yes, I do see many people here has suggested the poker gambling against another real player not against machine will give better chances for winning. I will try this in real gambling houses in order to extend my gambling profits streak hopefully.

Zaun

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Forza Roma

Earning with gambling is easy just play poker there you play with player vs player.

If you are good enought you can win a lot of money.

Altynbekova

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Quote from: Blawpaw on December 04, 2015, 09:16:58 AM

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

Wich games do you think h ave the high win rate and a good strategy to play?
Playing online I don't trust it that much, maybe a online blackjack or poker that is live where you can see there faces.

Blawpaw

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

rio3233

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Quote from: Altcoinmoney on December 04, 2015, 07:12:13 AM

You can try to keep up with how much you're winning and losing

That's the way you can see if you're actually earning something or just losing.

Well maybe it's called greedy. because you will keep bet your money until your lose, no target and keep going. if win of course it's good but if you lose, you lose all your money. that's why you need target to earn with gambling.

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