How much can you earn with gambling? - page 139.

WEBcreator

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Quote from: iram66680 on October 26, 2015, 12:43:18 AM

You can earn loads and lose loads of money in gambling. I personally do not like gambling at all because the house has an edge and would win in the long term.

You can win in short term if you know how and lucky of course because there is variance. This is a mistake from people thinking that he will win in long term but it is not like that if you are playing a game with house edge.

iram66680

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You can earn loads and lose loads of money in gambling. I personally do not like gambling at all because the house has an edge and would win in the long term.

WEBcreator

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Quote from: Superhitech on October 25, 2015, 10:54:45 PM

Quote from: visual111 on October 25, 2015, 10:37:50 PM

that's the beauty of gambling..you can earn as much as you'd like

Of course you can earn as much as you like, but how much of it can you actually win and keep? With gambling, if you are playing a game with a house edge, you will eventually lose in the long term.

You can win alot as well because in every gambling there is a variance in every gambling so in a short term you maybe win like 100 fold of what you have so it is an easy way to make money if variance is with you

hua_hui

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Quote from: klf on October 25, 2015, 09:35:17 PM

Quote from: hua_hui on October 25, 2015, 09:13:51 PM

at this point of time, i lose about 0.9btc through sport gambling. i dont think i can ever recover those bet unless i make some really huge bets and get lucky with those.

Don't think of recovering those lost bitcoins in one shot with huge bets because in gambling no guarantee you can win so it it better either you stop gambling if you think your not winning or still gamble with small amount for fun and in this process if you can recover you money then your lucky or just forget about you loses and move on with some other things.

yah that is what i am thinking too. i assigned 2btc for gambling and ready prepare to loss it all right at the start. but i am quite surprised to learn so many diff ways of betting after experience this and that. overall it is still a richful experience for me.

Superhitech

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Quote from: visual111 on October 25, 2015, 10:37:50 PM

that's the beauty of gambling..you can earn as much as you'd like

Of course you can earn as much as you like, but how much of it can you actually win and keep? With gambling, if you are playing a game with a house edge, you will eventually lose in the long term.

visual111

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that's the beauty of gambling..you can earn as much as you'd like

klf

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Quote from: hua_hui on October 25, 2015, 09:13:51 PM

at this point of time, i lose about 0.9btc through sport gambling. i dont think i can ever recover those bet unless i make some really huge bets and get lucky with those.

Don't think of recovering those lost bitcoins in one shot with huge bets because in gambling no guarantee you can win so it it better either you stop gambling if you think your not winning or still gamble with small amount for fun and in this process if you can recover you money then your lucky or just forget about you loses and move on with some other things.

hua_hui

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at this point of time, i lose about 0.9btc through sport gambling. i dont think i can ever recover those bet unless i make some really huge bets and get lucky with those.

Laosai

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Quote from: crairezx20 on October 25, 2015, 04:10:08 PM

It depends in your capital and it depends too in your luck if you can earn a lot...so you need to pray to win..

That's actually what I am doing(praying) whenever I had really bad losing streaks, I cant think of any good way to at least recover from having bad streaks, so I'll bet , pray then roll. It somehow relaxes my mind but it doesn't affects my luck Grin

Still losing all the way

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Quote from: crairezx20 on October 25, 2015, 04:10:08 PM

It depends in your capital and it depends too in your luck if you can earn a lot...so you need to pray to win..

Yes it depends of luck but sometimes i can win with the small amount of capital than a big ones and its very risky if you bet much of your coins so.beware or you need to self control..

Junko

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Quote from: crairezx20 on October 25, 2015, 04:10:08 PM

It depends in your capital and it depends too in your luck if you can earn a lot...so you need to pray to win..

LOL. Yeah sure, with all the sick, dying and poor all praying for help, God is going to take time out to bless some degen gambler so he can have more money to lose later. LOL

crairezx20

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It depends in your capital and it depends too in your luck if you can earn a lot...so you need to pray to win..

Betwrong

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Quote from: shanem on October 25, 2015, 11:16:38 AM

Quote from: shulio on October 25, 2015, 10:06:51 AM

Quote from: Betwrong on October 25, 2015, 09:50:14 AM

My theory is that all those betting BTC10 at once are from the rich families who can afford losing thousands of dollars just for fun.

No one is coming from rich families because they are not using their mother btc to bet, it is their own money and it is up to them how to lose it. They could be early adopter , having more than 1k btc for them is normal

If any early adopter hold till now, they would have cashout. Most people holding bitcoins are people who bought them at a few hundred dollars.
Anyway, gambling is easy to lose if you are not careful.

I agree. Most of the early adopters sold their coins when the price has reached $100-$200 per BTC in April 2013 or even earlier. I think they still had a good profit though.

Wapinter

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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!

There's also equal chance of losing all money.Gambling is an addiction,if you win you keep playing until you lose everything to play more.Better stay away from it and invest your bitcoin in some genuine site or still better let it lay idle in wallet and hope its prices go up

BTCevo

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Quote from: stingers on October 25, 2015, 12:57:36 AM

Quote from: MinerHQ on October 24, 2015, 11:59:12 PM

Quote from: nickaizoku on October 24, 2015, 06:00:39 AM

Can be many, if not greedy.. but can be broke all too Grin

but i never heard people earn money by just gambling

Yes, no one can make a big money from gambling. Every one at the end will lose and house will win all money.

That's absolutely false. If you know when and how to stop then you'll almost always be in profit. There have been many in the hall of fame of websites like pd who have won hundreds of thousands of dollars.

You can't even know when and how to stop. That is all depends on you whether you want to stop or not. Most people when they win dont want to stop and that end them in losing all of their balance. And only most people with some profit that stop and continue it on the next day

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Quote from: shulio on October 25, 2015, 10:06:51 AM

Quote from: Betwrong on October 25, 2015, 09:50:14 AM

My theory is that all those betting BTC10 at once are from the rich families who can afford losing thousands of dollars just for fun.

No one is coming from rich families because they are not using their mother btc to bet, it is their own money and it is up to them how to lose it. They could be early adopter , having more than 1k btc for them is normal

If any early adopter hold till now, they would have cashout. Most people holding bitcoins are people who bought them at a few hundred dollars.
Anyway, gambling is easy to lose if you are not careful.

shulio

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Quote from: Betwrong on October 25, 2015, 09:50:14 AM

My theory is that all those betting BTC10 at once are from the rich families who can afford losing thousands of dollars just for fun.

No one is coming from rich families because they are not using their mother btc to bet, it is their own money and it is up to them how to lose it. They could be early adopter , having more than 1k btc for them is normal

Betwrong

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I stand with Ukraine.

Quote from: stingers on October 25, 2015, 12:57:36 AM

Quote from: MinerHQ on October 24, 2015, 11:59:12 PM

Quote from: nickaizoku on October 24, 2015, 06:00:39 AM

Can be many, if not greedy.. but can be broke all too Grin

but i never heard people earn money by just gambling

Yes, no one can make a big money from gambling. Every one at the end will lose and house will win all money.

That's absolutely false. If you know when and how to stop then you'll almost always be in profit. There have been many in the hall of fame of websites like pd who have won hundreds of thousands of dollars.

I'm wondering how do you know that the same people didn't lose more on their alt accounts?

My theory is that all those betting BTC10 at once are from the rich families who can afford losing thousands of dollars just for fun.

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Quote from: apriyani420 on October 25, 2015, 09:41:37 AM

you can earn a lot with gambling though of course it depends on how much are you willing to gamble the more you risk to loose the more you win

I don't think you can bet more means you can win more but there are chances only but more chances are losing instead making money

scott btc

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depends how many you have on your ballance and it will make you will earn more too

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