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Topic: How to Turn Gambling into a Profitable Activity - page 30. (Read 25230 times)

legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o

Managing greed & emotions & maintaining self control is what I have the most trouble with.

I totally agree this is a recipe for success and if we can keep our negative  emotions contained and learn how  to control the negative energy we should get into a better disciplined gambling form and have better luck and make some money{ profit}
klf
legendary
Activity: 1344
Merit: 1000
There is no way to do this, or casinos will be broke, but you can do something to decrease the house edge, for example you play the house edge of 0.5% dice, safedice, or count cards in blackjack in casino.

Exactly,we can't really tell if ones strategy or tactics will be good in long run, soon enough it will only be good in one to three sets of playing but in other it will not be. To be able To be profitable on it is making sure that the winning amount is only what is left to play,deposit the initial and put some cap on when or how much to play.
I don't know if it can be a profitable activity compared to a job. What I mean is the risk you are doing is greater than any investments you will have. The risk in gambling is different from taking a risk in let say a business. In gambling if you lose you won't get your money back but in a business you have a time to adjust things to make it more profitable and at the same time you still have kept your assets.

I agree, losing in gambling will just tempt you to recover it but eventually you will just still lose it. While in a business investment, you can change your strategy or plan when you start losing until you start having profit again. And that mistake will improve your business so that it won't happen again in the future.

Right in business means investment or Trading anything if you lose money you will learn new lessons from your every loss. It will teach you how to invest and where to invest or how to trade and what is the right time to trade. You will improve your knowledge in business. But gambling loss will not teach you anything, and it will make you addict gambling. So trust your skills don't trust on your luck.
hero member
Activity: 700
Merit: 500
There is no way to do this, or casinos will be broke, but you can do something to decrease the house edge, for example you play the house edge of 0.5% dice, safedice, or count cards in blackjack in casino.

Exactly,we can't really tell if ones strategy or tactics will be good in long run, soon enough it will only be good in one to three sets of playing but in other it will not be. To be able To be profitable on it is making sure that the winning amount is only what is left to play,deposit the initial and put some cap on when or how much to play.
I don't know if it can be a profitable activity compared to a job. What I mean is the risk you are doing is greater than any investments you will have. The risk in gambling is different from taking a risk in let say a business. In gambling if you lose you won't get your money back but in a business you have a time to adjust things to make it more profitable and at the same time you still have kept your assets.

I agree, losing in gambling will just tempt you to recover it but eventually you will just still lose it. While in a business investment, you can change your strategy or plan when you start losing until you start having profit again. And that mistake will improve your business so that it won't happen again in the future.
legendary
Activity: 1442
Merit: 1008
I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.

Really? 15% per month, Have you invest your money in any gambling site? Because i have no idea about investing in gambling sites, but if it is true, than i thing it is big chance to make money. And also in this way, gambling sites are more than profitable than only play gambling.   
Most of the new gambling sites accepts investment for their bank roll and you could make some profit from it.It is better to invest in a gambling site than gambling with it. I am not sure how much you will be getting in return,gambling is not a profitable activity as it has its risk.But if you are into sports gambling then you can make some money with it if you are interested in sports.
you think people will just put their money on strange sites that new in this business? i don't think so unless there is a lot of dumb people who really not understand about how to invest properly. but since invest on gambling site itself popular considered as gambling too , i think there's no harm to invest there of course on a trusted well known casino.
hero member
Activity: 2926
Merit: 636
There is no way to do this, or casinos will be broke, but you can do something to decrease the house edge, for example you play the house edge of 0.5% dice, safedice, or count cards in blackjack in casino.
That would still not help to get your goal to be profitable, there's still the house edge and maybe you can just minimize our loses. Always put in mind that no one can beat the house as they have the advantage, the only way to be profitable is to invest with them.

It's not hard to understand if we believe gamblers loses in the long run because with their lose, you benefited from it and if you are a gambler you can prove it based on your losing experience as a long time gambler.
legendary
Activity: 1204
Merit: 1028
I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.
few days ago, I saw a thread in project development board someone was looking for investor for his new casino site.. taking a look there may help, because I think if you want to invest in casino you must invest in a brand new casino..
hero member
Activity: 1806
Merit: 672
There is no way to do this, or casinos will be broke, but you can do something to decrease the house edge, for example you play the house edge of 0.5% dice, safedice, or count cards in blackjack in casino.

Exactly,we can't really tell if ones strategy or tactics will be good in long run, soon enough it will only be good in one to three sets of playing but in other it will not be. To be able To be profitable on it is making sure that the winning amount is only what is left to play,deposit the initial and put some cap on when or how much to play.
I don't know if it can be a profitable activity compared to a job. What I mean is the risk you are doing is greater than any investments you will have. The risk in gambling is different from taking a risk in let say a business. In gambling if you lose you won't get your money back but in a business you have a time to adjust things to make it more profitable and at the same time you still have kept your assets.
sr. member
Activity: 378
Merit: 250
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There is no way to do this, or casinos will be broke, but you can do something to decrease the house edge, for example you play the house edge of 0.5% dice, safedice, or count cards in blackjack in casino.

Exactly,we can't really tell if ones strategy or tactics will be good in long run, soon enough it will only be good in one to three sets of playing but in other it will not be. To be able To be profitable on it is making sure that the winning amount is only what is left to play,deposit the initial and put some cap on when or how much to play.
sr. member
Activity: 291
Merit: 250
There is no way to do this, or casinos will be broke, but you can do something to decrease the house edge, for example you play the house edge of 0.5% dice, safedice, or count cards in blackjack in casino.
legendary
Activity: 1680
Merit: 1001
I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.

Really? 15% per month, Have you invest your money in any gambling site? Because i have no idea about investing in gambling sites, but if it is true, than i thing it is big chance to make money. And also in this way, gambling sites are more than profitable than only play gambling.   
Most of the new gambling sites accepts investment for their bank roll and you could make some profit from it.It is better to invest in a gambling site than gambling with it. I am not sure how much you will be getting in return,gambling is not a profitable activity as it has its risk.But if you are into sports gambling then you can make some money with it if you are interested in sports.
I think it is not a good idea to invest in a new gambling site, especially if their bankroll amount still small. They are also still "new" in gambling world, no idea if they will disappear once you have invested your money. Better just stick to invest in older gambling sites which have been known trusted.
sr. member
Activity: 255
Merit: 250
I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.

Really? 15% per month, Have you invest your money in any gambling site? Because i have no idea about investing in gambling sites, but if it is true, than i thing it is big chance to make money. And also in this way, gambling sites are more than profitable than only play gambling.   
Most of the new gambling sites accepts investment for their bank roll and you could make some profit from it.It is better to invest in a gambling site than gambling with it. I am not sure how much you will be getting in return,gambling is not a profitable activity as it has its risk.But if you are into sports gambling then you can make some money with it if you are interested in sports.
hero member
Activity: 3038
Merit: 592
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I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.

Really? 15% per month, Have you invest your money in any gambling site? Because i have no idea about investing in gambling sites, but if it is true, than i thing it is big chance to make money. And also in this way, gambling sites are more than profitable than only play gambling.   
I have tried investing in a gambling site and I can tell I don't get that return, that is too big and if that is really existing them probably we will not gonna trade and just put our money in a gambling sites for a guaranteed profit. That is irrelevant if you have not tried it for yourself and you cannot prove it.
hero member
Activity: 2870
Merit: 574
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I don't know why lots of people interested in trading but I never saw someone getting rich or any kind of profit.
Do some search you will find trading as profitable activity, people are being able to earn enough to cover their all living expenses just with trading. There is risk in trading but it is not like gambling and luck is not the only factor that affect your profit in trading.

Gambling purely depends on luck, turning gambling into profitable activity  Roll Eyes This will not work for long time.

indeed and i am agree with you. many traders which have good knowledge and good experience in trading is make some nice profit in trading because they have their skill in right place and they can live from trading and enjoy their life. we don't know in gambling, but i am sure that in out side, maybe there are gambler that can turn gambling into profitability activity and we don't know who is he and he don't want to show his self to public.
hero member
Activity: 588
Merit: 500
I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.

Really? 15% per month, Have you invest your money in any gambling site? Because i have no idea about investing in gambling sites, but if it is true, than i thing it is big chance to make money. And also in this way, gambling sites are more than profitable than only play gambling.   
hero member
Activity: 714
Merit: 501
I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.
That's is too big dude, where did you get that figure? We may be able to earn that amount but I doubt if we can do it consistently in a monthly basis. Just to make a conservative estimate, I guess a 100% increase for a year is more reasonable. With that figure, you need to put a decent amount so it can give you good income as well.

i was a bit skeptical about the numbers too, but it can technically be possible since it is a gambling investment we are talking about and there are lots of whales out there losing money on these casinos.

also according to this topic: https://bitcointalksearch.org/topic/bitcoin-gambling-investments-1585408
the best one of them has given less than 40% in 27 weeks (about 6% in a month)
hero member
Activity: 2954
Merit: 672
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I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.
That's is too big dude, where did you get that figure? We may be able to earn that amount but I doubt if we can do it consistently in a monthly basis. Just to make a conservative estimate, I guess a 100% increase for a year is more reasonable. With that figure, you need to put a decent amount so it can give you good income as well.
legendary
Activity: 966
Merit: 1006
I don't know why lots of people interested in trading but I never saw someone getting rich or any kind of profit.
Do some search you will find trading as profitable activity, people are being able to earn enough to cover their all living expenses just with trading. There is risk in trading but it is not like gambling and luck is not the only factor that affect your profit in trading.

Gambling purely depends on luck, turning gambling into profitable activity  Roll Eyes This will not work for long time.
full member
Activity: 238
Merit: 100
I think, by making gambling as the lucrative activities of course can be. the best way is investment in gambling sites, there are many giving gains of up to 15% per month.
hero member
Activity: 3052
Merit: 606
I've been trying to be profitable in sports gambling for a long time.

The method I use is to start with 0.001 & see how much I can profit or lose from that.

There have been a few times I've got as high as 0.016 from 0.001.

When I win that much I make bad decisions and always lose it all.

Managing greed & emotions & maintaining self control is what I have the most trouble with.

Even if I'm losing I feel like it is a good therapy to learn not to worship money and resist it influencing me.

You're exactly right. Once we win, greed and emotion takes over ending up losing everything then start all over. Its really hard to control these because the feelings of winning makes you want to win more and bet more than you originally intended.

Yeah, you can do good for the longest time and one slip up could result in your whole bankroll going down the drain as well. It is hard to ever stay in the positive for long.
True, but that is doable, our skills to predict the right outcome of the game should be integrated with some discipline, bankroll management is very important. You cannot be greedy like other people are doing, that is a sign of immaturity in gambling. I doubt if one would be successful in the long run without discipline.
legendary
Activity: 1736
Merit: 1023
I've been trying to be profitable in sports gambling for a long time.

The method I use is to start with 0.001 & see how much I can profit or lose from that.

There have been a few times I've got as high as 0.016 from 0.001.

When I win that much I make bad decisions and always lose it all.

Managing greed & emotions & maintaining self control is what I have the most trouble with.

Even if I'm losing I feel like it is a good therapy to learn not to worship money and resist it influencing me.

You're exactly right. Once we win, greed and emotion takes over ending up losing everything then start all over. Its really hard to control these because the feelings of winning makes you want to win more and bet more than you originally intended.

Yeah, you can do good for the longest time and one slip up could result in your whole bankroll going down the drain as well. It is hard to ever stay in the positive for long.
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