How Often Do Gamblers Really Win? - page 2.

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Quote from: bbc.reporter on November 08, 2016, 07:55:53 PM

You have to question yourself why you are gambling. If you are gambling to win then you are either scamming yourself or would have to acquire the correct skills and then gamble in more skill based games like poker, black jack or sportsbetting. Most casino games make people lose because the house has the edge. You are already a loser before you even sat on the table.

I think the word scamming yourself is not appropriate when a person is gambling. It's either he just doing it because he just can't help himself to stop and thinks that it can be a good source of income. Because even there might be losing still there have a chance of winning but not that too often. But you are right with it on those casino games, considered as loser already upon sitting.

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You have to question yourself why you are gambling. If you are gambling to win then you are either scamming yourself or would have to acquire the correct skills and then gamble in more skill based games like poker, black jack or sportsbetting. Most casino games make people lose because the house has the edge. You are already a loser before you even sat on the table.

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Quote from: dunfida on November 08, 2016, 10:11:55 AM

Winning percentage on playing gambling cant be counted hence there are some games do differ on percentage on winning it , ex. slot games compare to sports betting we could really say that sports betting have the edge because you could able to lessen the risk of lossing up thats why we cant conclude this kind of computations .

the only sure thing are the winning will not more often than your losing , isn't it?

as the house edge always better on keeping te line , we are a poor gambler will never break the house and as the result most gambler have negative profit status get more losing often.

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That doesn't pose as a surprise. Gambling does not provide profit in the long run, it was not made for that.
I still believe poker and sports betting could be the only exceptions to this, if you know what you are doing, bu even there is hard, since the odds offered for sports betting are not that high, given the real chance of winning.

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The article date is 2013 seem like the data is not accurate for nowadays.
Well the article is given to gambler to don't much gamble, according to the article, 95% ended up losing money. it's give the house more profit.

Quote from: freedomgo on November 08, 2016, 07:39:30 AM

Well base on experience, when in gambling we lose more than we win. Meaning we have more loses than our winning record. That is happening because gambling has a house edge and we are beaten in the long run. Smart people understand that reality and they only play for fun.

That's why don't expect profit from gambling, its can be a boomerang.

Quote from: clickerz on November 08, 2016, 08:45:06 AM

Quote from: olubams on November 08, 2016, 07:13:31 AM

In my own opinion, the number of chances of winning or losing is not in any way dependent on the number of plays because its on probability and thats it because I have seen someone play several times and still end up losing while we have seen someone play only a few times and won big. Even whatever strategy one might have in mind or even implement is not a determining factor to winning...

depends on Probability or I find it random or purely luck. As I do not have bases, we ca not really determine how often a gambler wins. If it is played online, I will credit it to luck and nothing else. Grin

Mostly purely luck, but some games which required skill to play, have more chance to win(depends on your skill too), usually mood is could be a decisive factor.

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I'm not sure about the numbers in the article , but it's a fact that the more you gamble the more you should expect to lose
even in theory if you want to double your money in gambling you should try to do that in one bet rather than keep betting small amount over and over again ( trying to reach your goal by wagering less )
also the fact that people tend to spend more time and enjoy the ride in real casinos >> more wagers I guess

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I will say still large number of gamblers are winning often but if we compare this number with those who loose more then there will be difference. What I have seen in physical casinos many people wins in short term but they don't have full stop at their greed or limit of making money and they end at loosing.

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Quote from: Golftech on November 08, 2016, 10:39:31 AM

Quote from: dunfida on November 08, 2016, 10:11:55 AM

Winning percentage on playing gambling cant be counted hence there are some games do differ on percentage on winning it , ex. slot games compare to sports betting we could really say that sports betting have the edge because you could able to lessen the risk of lossing up thats why we cant conclude this kind of computations .

i agree with your statement because of that difference a big jackpot coming from slots can be a week of betting inside sports bets , its really hard to say whether gamblers do good winnings aside from those pro who have a good judgement with the games they played, since pro already knew when to stop or when to continue using their skills and lessen the possibility of getting completely burned out.

This is also comes to my mind which we cant really count off the winning percentage of all gamblers out there who do plays different kind of games . They have their own field and winning rate is also different, i agree with you there are really people who are already proffessional on some gambling games which they could able to increase the chance of winning.

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Quote from: dunfida on November 08, 2016, 10:11:55 AM

Winning percentage on playing gambling cant be counted hence there are some games do differ on percentage on winning it , ex. slot games compare to sports betting we could really say that sports betting have the edge because you could able to lessen the risk of lossing up thats why we cant conclude this kind of computations .

i agree with your statement because of that difference a big jackpot coming from slots can be a week of betting inside sports bets , its really hard to say whether gamblers do good winnings aside from those pro who have a good judgement with the games they played, since pro already knew when to stop or when to continue using their skills and lessen the possibility of getting completely burned out.

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Winning percentage on playing gambling cant be counted hence there are some games do differ on percentage on winning it , ex. slot games compare to sports betting we could really say that sports betting have the edge because you could able to lessen the risk of lossing up thats why we cant conclude this kind of computations .

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Yes maybe I trust the data. You really any casino definitely has more accurate data so that they suffered heavy losses. I very rarely a gambler who really won and may not even exist 15%. As every gambler winning big definitely been some defeats and with a big bet, so winning is not really a real win.

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Quote from: clickerz on November 08, 2016, 08:45:06 AM

Quote from: olubams on November 08, 2016, 07:13:31 AM

In my own opinion, the number of chances of winning or losing is not in any way dependent on the number of plays because its on probability and thats it because I have seen someone play several times and still end up losing while we have seen someone play only a few times and won big. Even whatever strategy one might have in mind or even implement is not a determining factor to winning...

depends on Probability or I find it random or purely luck. As I do not have bases, we ca not really determine how often a gambler wins. If it is played online, I will credit it to luck and nothing else. Grin

We can't really say and point out on how does a gambler wins whether he is lucky, using some proper Mathematics and timing or he is in favor of the house. We don't have bases for it but I guess gamblers doesn't often win. Because most of the time they are often losing for it happened to me, very few times of winning but a lot of times for losing.

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Gamblers won very rare. When you go into a dice site you can see that only few has a positive profit. Like its very rare to see a player who has a positive profit actually. The scenario is something like this you can win once in a week and after that you will lose the rest of the week or you can only win once in every month and then lossing for the rest. Having a profit is very rare.

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Quote from: olubams on November 08, 2016, 07:13:31 AM

In my own opinion, the number of chances of winning or losing is not in any way dependent on the number of plays because its on probability and thats it because I have seen someone play several times and still end up losing while we have seen someone play only a few times and won big. Even whatever strategy one might have in mind or even implement is not a determining factor to winning...

depends on Probability or I find it random or purely luck. As I do not have bases, we ca not really determine how often a gambler wins. If it is played online, I will credit it to luck and nothing else. Grin

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Quote from: carlfebz2 on November 08, 2016, 07:45:48 AM

Quote from: BTCLovingDude on November 08, 2016, 07:31:18 AM

you can't really give any statistics on that because gambling is not limited to only one or two types of games and there is a wide variety of them available that we can only see a very small part of it online with bitcoin gambling sites.

on the other hand, it depends on the game. for example in a dice game gamblers surely have a bigger loss counts than wins because of the house edge. but in other games like sports betting if you know your games you can have a much better statistics hence a much higher win rate percentage.

I agree with you regarding on your statement, theres no exact statistics regarding into these things because there are lots of variety and types of gambling which we cant really tally up all those ratio regarding on lossers and winners but one thing is for sure, there are lots of lossers compare to winners and that's the reality of gambling. Those who win are lucky ones on that particular day.

Indeed mate. It's going to be a useless statistics because gambling is a game of prediction and no matter how lucky you are.. like for dice games, slot machines, etc. are some games that really doesn't need a ratio its still a matter of luck and you will still lose at the end of the day or even in the long run.

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Quote from: BTCLovingDude on November 08, 2016, 07:31:18 AM

you can't really give any statistics on that because gambling is not limited to only one or two types of games and there is a wide variety of them available that we can only see a very small part of it online with bitcoin gambling sites.

on the other hand, it depends on the game. for example in a dice game gamblers surely have a bigger loss counts than wins because of the house edge. but in other games like sports betting if you know your games you can have a much better statistics hence a much higher win rate percentage.

I agree with you regarding on your statement, theres no exact statistics regarding into these things because there are lots of variety and types of gambling which we cant really tally up all those ratio regarding on lossers and winners but one thing is for sure, there are lots of lossers compare to winners and that's the reality of gambling. Those who win are lucky ones on that particular day.

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Well base on experience, when in gambling we lose more than we win. Meaning we have more loses than our winning record. That is happening because gambling has a house edge and we are beaten in the long run. Smart people understand that reality and they only play for fun.

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you can't really give any statistics on that because gambling is not limited to only one or two types of games and there is a wide variety of them available that we can only see a very small part of it online with bitcoin gambling sites.

on the other hand, it depends on the game. for example in a dice game gamblers surely have a bigger loss counts than wins because of the house edge. but in other games like sports betting if you know your games you can have a much better statistics hence a much higher win rate percentage.

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Quote from: digaran on November 08, 2016, 05:32:30 AM

If there was no win and gain I assure you that no one ever would'v played in any gambling sites.
Of course there are times when someone wins big but that person can also lose big as well and you should always account for the lose than winning.

In my own opinion, the number of chances of winning or losing is not in any way dependent on the number of plays because its on probability and thats it because I have seen someone play several times and still end up losing while we have seen someone play only a few times and won big. Even whatever strategy one might have in mind or even implement is not a determining factor to winning...

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If there was no win and gain I assure you that no one ever would'v played in any gambling sites.
Of course there are times when someone wins big but that person can also lose big as well and you should always account for the lose than winning.

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