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Topic: How to Turn Gambling into a Profitable Activity - page 2. (Read 25254 times)

sr. member
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For gambling to be profitable you have to limit your losses and take any small gains you can as your stakes get higher so can your losses. Most gambling is luck but with sports betting you can make a steadier profit.
member
Activity: 200
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Stop to play in a games of chances (roullete, craps, slots).
To beat a slot you have to be a math genius and find a hole on it RNG or be a very lucky son of bitch.

As for sports betting IMO it's a mix of discipline, dedication and ability to make analysis. Be ready to invest much of your time to gain some success. 
hero member
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House almost always certainly win but as a gambler, one can take quick profits.  While gambling gives us a quick way of making quick money, it equally can go the other way.  I think the key here is having a plan that isn’t too risky and have limits, otherwise it’s a case of always wanting to win more or attempting to recover losses. 

Well if you can't beat them, join them. Invest in the gambling industry. Make your own gambling site or casino if you have the means to do so. That's the only way you can be sure that gambling will be profitable for you
hero member
Activity: 574
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That is true that is why we need to control ourselves by setting the money we can afford to lose.  Gambling is one of the thing that can relieve  us from stress but it may also work the other way around.  We can say it is a duouble edge sword.  It can benefit us but then it can also harm us.  But the good thing is, with proper management and moderation of our gambling activities, we can make this gambling beneficial to us.  It can be profitable in a way to relieve stress and if lucky add win and earn extra money.

It is not going to harm us if we dont let it harm us. For example, if we gamble with a huge amount and want to win alot of money then we ended up losing that means we are hurting ourselves . If we are only using small amount to play then that is not hurting us at all because we dont really bothered by the fact we lose small amount of money

Before we make gambling as a profitable activity, we must make sure that we gamble safely. It is safe to use a small amount of money. If we are lucky we will win even a little profit, if lost we will not lose much. Using large sums can be a huge advantage, but when you lose you also lose big.
full member
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House almost always certainly win but as a gambler, one can take quick profits.  While gambling gives us a quick way of making quick money, it equally can go the other way.  I think the key here is having a plan that isn’t too risky and have limits, otherwise it’s a case of always wanting to win more or attempting to recover losses. 
full member
Activity: 420
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Arianee:Smart-link Connecting Owners,Assets,Brands
Gambling turning into profitable activity is not a very easily achievable thing. Gambling is basically and substantially a luck based game. Turning it profitable is like making your luck all good.

All that you can do is play safely and consiously i.e. not being simply dragged in and not get addicted. This way the chances of you losing will be decreased. And you will br more aware while playing further. And now you wont do gambling for profit or as an earning mechanism but you will now just do it for fun and recreational activity.
Gambling is an uncertain game so that doesn't ensures us the profit everytime when we play, some times may get a very good profit from it, sometimes may lead to a huge loss. So gamblers should be careful and think about their future, savings and all about before starting gambling activities.
full member
Activity: 291
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Gambling turning into profitable activity is not a very easily achievable thing. Gambling is basically and substantially a luck based game. Turning it profitable is like making your luck all good.

All that you can do is play safely and consiously i.e. not being simply dragged in and not get addicted. This way the chances of you losing will be decreased. And you will br more aware while playing further. And now you wont do gambling for profit or as an earning mechanism but you will now just do it for fun and recreational activity.
sr. member
Activity: 644
Merit: 252
The secret of healthy gambling is to do it responsibly and in an intelligent manner. There are a whole lot of strategies that players use to make gambling profitable. In this article, we will give an insight on how to make gambling profitable...

http://www.newsbtc.com/2016/06/14/turn-gambling-profitable-activity/

I am still young when my mind is set that gambling is not a profitable thing because my relatives are gambler and all news I heard about them is always “losing their money”. But as I grew up my mind set changes. I think it can be profitable if a man knows how to handle situations. But remember that “It is profitable but not all the times”.
For me:
Put limits when gambling. When you won money, save it and not use it again in playing. When you are not lucky on the day you play and you think you’re already losing money then stop playing or else you will just lose all your money. “Control and self-discipline".
sr. member
Activity: 1512
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In order for you to make money, someone has to lose. It’s a zero-sum game, where gambling operators also get their cut. Thus, we need to exploit the market, looking for leaks and biases, like the favorite-longshot bias . The average gambler follows specific betting patterns. You mustn’t do the same. Always do something different, always think different.

I really doubt that their would be any leaks as such may be once a while it could happen but you hardly people would be able to make anything out of it. Also if some body makes big it would be that 1-2 people only and rest would obviously be losing when they are winning it. So one need to be smart to understand is it profitable for them to gamble or they lose out eh money more frequently than winning it.
hero member
Activity: 2912
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You can make a profitable activity on gambling of you are a casino owner but if you are a betting person then most likely you cant do a profitable activity, or may be you can go to a bitcoin casino bankroll and let the casino handle you investment there.

if we talk about the money then we don't have a chance to make gambling into a profitable activity because, in the end, we can lose all of our money. but if we talk about the other things, then maybe we can learn to stay focus on the games but the consequences are we can lose the money. it is better to search for another thing than use gambling to turn into a profitable activity.
full member
Activity: 364
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You can make a profitable activity on gambling of you are a casino owner but if you are a betting person then most likely you cant do a profitable activity, or may be you can go to a bitcoin casino bankroll and let the casino handle you investment there.
member
Activity: 429
Merit: 10
it's a good idea to gamble to earn money as long as your strategy is not too risky even if you do not know how much your money is too risky for your strategy so you can not beat and even though you earn little money because it takes You will also earn a gamble because I have the chance to earn money fast so your money will go down and you should have enough investment to earn the right.
member
Activity: 112
Merit: 11
In order for you to make money, someone has to lose. It’s a zero-sum game, where gambling operators also get their cut. Thus, we need to exploit the market, looking for leaks and biases, like the favorite-longshot bias . The average gambler follows specific betting patterns. You mustn’t do the same. Always do something different, always think different.
full member
Activity: 294
Merit: 105
Ok here it is. Way back 2008 i worked in a casino in my country. In the casino i was working we only have french roulette for table games amd the rest are slot machines. In slot machine i has a jackpot price that anytime it will reach to 800k up will drop in your slot machine. I mean any of the slot machine that has been played with someone. What i observed everytime the jackpot will reach 800k theres this group of people with one leader who distribute all his people in each of the machine and give money to play. The more you feed money in the slot machine the more the chances that jackpot will drop in your machine. So peope are very fast in poking the the slot machine botton. Those group of people are being capitalized by someone and if the jackpot will fall in the machine where one of his people was played with they will the 800k woth of jackpot. And thats strategy. They only play during the jackpot will reach 800k up.
sr. member
Activity: 756
Merit: 251
For me, gambling itself is a profitable activity. People join gambling basically for profit. Its like an instant money if you have a huge bet and if you win the betting. It will always depend if you win it everytime you play. The "how you play it" is the challenging part. Every people like or wanted to do it for profit of course. Who would want to loss? It might be a game of chance but most likely aiming to win it for profit.
hero member
Activity: 1414
Merit: 574
That is true that is why we need to control ourselves by setting the money we can afford to lose.  Gambling is one of the thing that can relieve  us from stress but it may also work the other way around.  We can say it is a duouble edge sword.  It can benefit us but then it can also harm us.  But the good thing is, with proper management and moderation of our gambling activities, we can make this gambling beneficial to us.  It can be profitable in a way to relieve stress and if lucky add win and earn extra money.

It is not going to harm us if we dont let it harm us. For example, if we gamble with a huge amount and want to win alot of money then we ended up losing that means we are hurting ourselves . If we are only using small amount to play then that is not hurting us at all because we dont really bothered by the fact we lose small amount of money
legendary
Activity: 2674
Merit: 1048
Bets a small amount and must win. Then it will be more profitable, because when we lose the gamble, we do not lose much money.
gambling is always recommended if you are just betting randomly if you know and are fully sure that your bet placed will win then only risk obviously you cant be sure but just a assumption imin gambling you are risking less as return is double but betting is always at 70%
Bet randomly? No, you should know what you are betting so that you'll be ending up to have the confidence that you are doing the right thing. Making gambling in a profitable activity is quite because the house edge is hard to beat but if you'll be with the house, you can make it profitable activity.
that is why gambling can not be profitable , it is always random .. yes everything there.

stake something you have to expect a good luck to win huge amount of money , don't need any strategy or whatever just do it based on nothing but randomly . the essential of gambling actually about that not about make profit.
sr. member
Activity: 840
Merit: 267
Chad Hodler since 2013
lol I saw this thread only now.

Quote
How to Turn Gambling into a Profitable Activity

Maybe you stand a chance if you are the owner of the casino Wink

If you're a normal player instead, the only condition for a 100% victory is when your balance is infinite so that a martingale will never break you. The only issue in that case is the time. The martingale could potentially last hundreds of years to connetc a win and you don't have all that time to wait because you're human. So the other condition is being immortal.
legendary
Activity: 3010
Merit: 1280
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It's only good to see in our imagination especially in online gambling because no matter how skillful gambler you are once bad luck strikes it would be hard to recover after a big loss.

That is true that is why we need to control ourselves by setting the money we can afford to lose.  Gambling is one of the thing that can relieve  us from stress but it may also work the other way around.  We can say it is a duouble edge sword.  It can benefit us but then it can also harm us.  But the good thing is, with proper management and moderation of our gambling activities, we can make this gambling beneficial to us.  It can be profitable in a way to relieve stress and if lucky add win and earn extra money.
newbie
Activity: 22
Merit: 0
Bets a small amount and must win. Then it will be more profitable, because when we lose the gamble, we do not lose much money.
gambling is always recommended if you are just betting randomly if you know and are fully sure that your bet placed will win then only risk obviously you cant be sure but just a assumption imin gambling you are risking less as return is double but betting is always at 70%
Bet randomly? No, you should know what you are betting so that you'll be ending up to have the confidence that you are doing the right thing. Making gambling in a profitable activity is quite because the house edge is hard to beat but if you'll be with the house, you can make it profitable activity.
There is no edge if you bet on games that are skilled based, focusing on it will give you a chance to improve your skills and that will give you long term success if you can survive. Actually there is always a chance to make gambling a profitable activity and we will know that if we are honest to ourselves because if we are not good as a gambler then we can easily shift to being an investors where we can will all the time.

There is an edge if you'll bet to those skill based gambling games. As you said that if you'll focus on it, you can improve that can make your life better by playing that game. But the thing is that you must look for something that really fits you. I'm not fit to focus now in any gambling game but still I know what I'm doing.
It's only good to see in our imagination especially in online gambling because no matter how skillful gambler you are once bad luck strikes it would be hard to recover after a big loss.
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