Long-term profitable strategies | Bitcointalksearch.org

Koadharber

hero member

Activity: 1065

Merit: 510

Quote from: DaNNy001 on September 21, 2024, 04:09:21 PM

Quote from: Julien_Olynpic on January 10, 2024, 02:04:09 AM

Let's discuss long-term profitable gambling strategies, as well as the elements of such strategies. It is not even necessary to back it up with winning statistics (although no one will mind). It is enough to write that “I think that this strategy is profitable in such and such a game or in such and such a form of gambling.”
Elements of profitable strategies are also quite interesting for discussion. I know that for long-term profitability, risk management is of course much more important. However, what is equally important is what leads to profit in addition to risk management.
If your profitable strategy is of a proprietary nature, if it is secret and you do not want to write about it, then you can limit yourself to general reasoning. I think that this discussion will be useful for everyone and perhaps it will prompt some of their own promising ideas.

It's possible for you to have a strategy that works fine but calling them long term is quite inaccurate because when it comes to gambling such things doesn't exist, there's nothing that can work in a long term. If you develop a strategy that has been working perfectly well in sports betting and you've had more than 4 winning streaks, you can go on daily bet plans and instead of rolling over after each win you simply withdraw your profits and stake the capital so you don't end up losing everything when the strategy fails

There are some people who do really believe that gambling could make them rich and this is something that other people do really believe on and that what makes gambling business to be profitable.Its not really that hard on realizing things on what gambling is all about and whats it's purpose.The only issues on here is about people do really becomes delusional and this what makes them addicted and makes this business very profitable into it's owners.This is why on personal point of view or aspect then self control and moderation is something crucial or needed.

DaNNy001

hero member

Activity: 644

Merit: 520

Leading Crypto Sports Betting & Casino Platform

Quote from: Julien_Olynpic on January 10, 2024, 02:04:09 AM

Let's discuss long-term profitable gambling strategies, as well as the elements of such strategies. It is not even necessary to back it up with winning statistics (although no one will mind). It is enough to write that “I think that this strategy is profitable in such and such a game or in such and such a form of gambling.”
Elements of profitable strategies are also quite interesting for discussion. I know that for long-term profitability, risk management is of course much more important. However, what is equally important is what leads to profit in addition to risk management.
If your profitable strategy is of a proprietary nature, if it is secret and you do not want to write about it, then you can limit yourself to general reasoning. I think that this discussion will be useful for everyone and perhaps it will prompt some of their own promising ideas.

It's possible for you to have a strategy that works fine but calling them long term is quite inaccurate because when it comes to gambling such things doesn't exist, there's nothing that can work in a long term. If you develop a strategy that has been working perfectly well in sports betting and you've had more than 4 winning streaks, you can go on daily bet plans and instead of rolling over after each win you simply withdraw your profits and stake the capital so you don't end up losing everything when the strategy fails

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Wakate on September 21, 2024, 03:15:04 PM

Quote from: Litzki1990 on September 20, 2024, 09:57:32 PM

Quote from: madnessteat on September 19, 2024, 02:55:27 AM

I probably tried all sorts of gambling strategies, but could not find a strategy that would allow you to win on a permanent basis in the long term. Over time I came to realize that such a strategy does not exist otherwise the system of gambling would not work as intended.

That is why in gambling I rely more on my intuition and change the strategy depending on the circumstances at any given moment of the gambling session.

No matter how much experience a person gains in gambling, he can never say that he will continue to win consistently. I have been involved in gambling for a long time and I still think about gambling many times but the results do not come in my favor. Many times I make correct predictions before I start gambling but after gambling my predictions turn out to be completely wrong. No gambler would lose money by gambling if there was a guarantee that he would make a profit by gambling. We only need to apply skill as well as use our own experience to reduce the amount of risk in gambling. Just because we can do that doesn't mean we can consistently make a profit from gambling.

Sometimes we might have a good and correct predictions but the outcome might be different from what we think and have net on. Gambling is not for the weak that is why we need to respect people that have been gambling for many years now and they are not addicted to it or become a prey to gambling. You could win today and suddenly, you start losing bets after such a good moment you celebrated a big win. Those that are too emotional and are not strong will always get addiction spirit and have some problems with themselves because of addiction. It is good we become disciplined so we don't have to try how to bet anytime we are broke or don't have enough money.

If you are someone who does have a weak heart then it will really be that recommended that on the moment or time that you do deal up with gambling then make it sure that you've been wary about on the things that it is really that involved with gambling on which losing is really that part of it on which no matter how good your strategy is but if luck isnt on your side on the moment or time that you do play
then you would really be definitely be losing up. The difference on here is that on the moment that you will really be that making use of long term strategies then this would really be only applicable into those games on which you could actually be able to apply some strategies and not something that will really be pertaining about luck based ones on which we know that this is something irrelevant.

Wakate

hero member

Activity: 1176

Merit: 543

fillippone - Winner contest Pizza 2022

Quote from: Litzki1990 on September 20, 2024, 09:57:32 PM

Quote from: madnessteat on September 19, 2024, 02:55:27 AM

I probably tried all sorts of gambling strategies, but could not find a strategy that would allow you to win on a permanent basis in the long term. Over time I came to realize that such a strategy does not exist otherwise the system of gambling would not work as intended.

That is why in gambling I rely more on my intuition and change the strategy depending on the circumstances at any given moment of the gambling session.

No matter how much experience a person gains in gambling, he can never say that he will continue to win consistently. I have been involved in gambling for a long time and I still think about gambling many times but the results do not come in my favor. Many times I make correct predictions before I start gambling but after gambling my predictions turn out to be completely wrong. No gambler would lose money by gambling if there was a guarantee that he would make a profit by gambling. We only need to apply skill as well as use our own experience to reduce the amount of risk in gambling. Just because we can do that doesn't mean we can consistently make a profit from gambling.

Sometimes we might have a good and correct predictions but the outcome might be different from what we think and have net on. Gambling is not for the weak that is why we need to respect people that have been gambling for many years now and they are not addicted to it or become a prey to gambling. You could win today and suddenly, you start losing bets after such a good moment you celebrated a big win. Those that are too emotional and are not strong will always get addiction spirit and have some problems with themselves because of addiction. It is good we become disciplined so we don't have to try how to bet anytime we are broke or don't have enough money.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: zuzie on September 21, 2024, 09:45:23 AM

Quote from: hahay on September 19, 2024, 12:05:23 PM

Quote from: zuzie on September 19, 2024, 09:45:12 AM

Quote from: TheUltraElite on September 19, 2024, 05:10:22 AM

Casinos need to keep their work straight too, not cheat its users and continue to market the product with new promotions every months and so on.

Totally agree with you, if the casino company wants its business to survive in the long term then the dealer must be really self-aware, meaning he must prevent or avoid the emergence of a small mistake that can destroy his business, one of which is to provide real evidence and trust to customers that his casino business house can be trusted, there is no cheating or fraud in any form.
Then this strategy will attract sympathizers of gamblers to continue playing at the casino business house, especially if it issues a fairly large bonus, it is easy for gamblers to be more interested in playing again.

Making promotions is not a problem, because the problem is when a casino does not pay the winnings of its customers, then it will make a bad assessment of the casino. But anyway, if the casino does promotions and bonuses every month and they still pay out and have easy and fast withdrawal fees, then that will give the casino credibility.So,in this case the casino does not need to say that the platform is a fair platform and all that good stuff, because customers or users will also have their own judgment when using the platform. Because after all, a trusted platform is a platform that is recognized for its goodness, not one that recognizes its goodness.

Yes and a little addition to your opinion above, it is very clear that if the casino wants to increase the credibility of its gambling platform, it must carry out a strategy by showing kindness to its loyal customers.
Because if its loyal customers are satisfied, they may also promote the gambling platform to the people around them.
And of course the addition of deposits for the gambling platform that the casino builds will be more advanced and increasing.

That's the intension that's why those well-established casinos offers promotions that will keep patrons being hook, they will do their best to keep them and let them enjoy their stay, to the point that bonuses are flowing as they know that once you satisfied your client they will bring companions and that will another person to throw money inside the casino.

Marketing strategy that will give gamblers promotions which most of the time attracts them and lead them to stay.

zuzie

sr. member

Activity: 1470

Merit: 256

Quote from: hahay on September 19, 2024, 12:05:23 PM

Quote from: zuzie on September 19, 2024, 09:45:12 AM

Quote from: TheUltraElite on September 19, 2024, 05:10:22 AM

Casinos need to keep their work straight too, not cheat its users and continue to market the product with new promotions every months and so on.

Totally agree with you, if the casino company wants its business to survive in the long term then the dealer must be really self-aware, meaning he must prevent or avoid the emergence of a small mistake that can destroy his business, one of which is to provide real evidence and trust to customers that his casino business house can be trusted, there is no cheating or fraud in any form.
Then this strategy will attract sympathizers of gamblers to continue playing at the casino business house, especially if it issues a fairly large bonus, it is easy for gamblers to be more interested in playing again.

Making promotions is not a problem, because the problem is when a casino does not pay the winnings of its customers, then it will make a bad assessment of the casino. But anyway, if the casino does promotions and bonuses every month and they still pay out and have easy and fast withdrawal fees, then that will give the casino credibility.So,in this case the casino does not need to say that the platform is a fair platform and all that good stuff, because customers or users will also have their own judgment when using the platform. Because after all, a trusted platform is a platform that is recognized for its goodness, not one that recognizes its goodness.

Yes and a little addition to your opinion above, it is very clear that if the casino wants to increase the credibility of its gambling platform, it must carry out a strategy by showing kindness to its loyal customers.
Because if its loyal customers are satisfied, they may also promote the gambling platform to the people around them.
And of course the addition of deposits for the gambling platform that the casino builds will be more advanced and increasing.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

Quote from: Shishir99 on September 20, 2024, 09:59:49 PM

I don’t think any strategy is enough to beat the house edge. When it comes to slot games, I guess it is exclusively depend on a players luck. Some people just spin endless until they get big wins. For me, I usually play slots if it has bonus buy feature and leaves the game once i hit a good multiplier and do the same thing on another slot. Sometimes it works! Sometimes it does not work.

I also play crash, mines and Dice. But I don’t think there are any afe Strategy. All the strategy get busted at some point. No matter how good it is. Mostly, I try low multiplier even though it is too risky. I would say, there are not a single safe strategy.

That's the reality, there is no profitable strategy for the long term because of course, in the game there is also something called an algorithm or system that is made, and thus will require each player to be more creative every time they play.But even so,I also admit that at least sometimes players or bettors also succeed in using the same strategy to win on several occasions or in several games or bets. But still, the strategy will not be able to give you long-term benefits so yes,in essence it is very unlikely for bettors to use the same strategy for the long term. Maybe, they can use the same strategy for the long term, but the results are not always profitable.

Koadharber

hero member

Activity: 1065

Merit: 510

Quote from: gunhell16 on September 21, 2024, 04:10:19 AM

Risk management is important for any gambler to learn, because usually the majority of casino players do not know how to apply it to the actual casino game they play when they gamble.
Because if they don't know how to manage it, they will always lose a large amount of money.

Also, this risk management can be applied to any business we enter, not just gambling, whether it's online or a physical casino. Though long-term profitable strategies is also ay good
methods in this matter.

But before you would really be able to have those learnings then you would be first be able to experience the worst things on which we know that when it comes into this aspect then you will definitely be having that kind of problem on where you will be making up some betting or rolling up like a mad man specially into your gambling sessions on which you do really try it out for it to work on which we know that it cant just be possible if we do speak about winning up on sure manner specially on luck based games on where it would really be that impossible that you could be able to have that strategy on which you do able to win up
in doing gambling. It will really be best that you should really be that accepting on whatever the things or conditions that you will be able to experience and having that good control when it comes into your emotions.

gunhell16

hero member

Activity: 1666

Merit: 453

Risk management is important for any gambler to learn, because usually the majority of casino players do not know how to apply it to the actual casino game they play when they gamble.
Because if they don't know how to manage it, they will always lose a large amount of money.

Also, this risk management can be applied to any business we enter, not just gambling, whether it's online or a physical casino. Though long-term profitable strategies is also ay good
methods in this matter.

Dewi Aries

legendary

Activity: 2716

Merit: 1092

Leading Crypto Sports Betting & Casino Platform

Quote from: LUCKMCFLY on September 20, 2024, 12:42:21 PM

Quote from: Dewi Aries on September 20, 2024, 10:56:11 AM

And regarding sports betting, yes, skill can affect the results of the game, but I will say that it does not mean that by betting on your favorite team you will continue to win, the chances of winning in sports are determined by who is stronger and not who your favorite team is, in the end the best is like you said that we must always use the minimum amount in every bet regardless of the type of game.

Even now in sports betting we must be very responsible when putting an amount of money willing to lose, because even though it is very probable that things will happen thanks to our analysis, the possibility of losing is there and I think it will be at 50% if we are quite fair, it is not the same to play in a slot or roulette than to make a prediction in a sporting event, sometimes luck in sports betting is more difficult to occur, that is why we must take care of our money in the same way.

Well, that's exactly right, that's the reason why betting small amounts is always recommended regardless of what type of game you play, especially sports, because as you said, even though the team we favor is statistically much stronger than the opposing team, gambling is still gambling where the possibility of losing will always exist, and I have also experienced something like that where the team I chose which was statistically much stronger than the opposing team ended up losing due to something that happened unexpectedly on the field, such as a red card experienced by my favorite team so that the match was unbalanced and in the end I lost money.

So this is the reason why an approach that is full of limitations, especially in terms of the amount wagered, must always be prioritized, because the name of the risk will always be a definite possibility.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: LUCKMCFLY on September 20, 2024, 12:42:21 PM

Even now in sports betting we must be very responsible when putting an amount of money willing to lose, because even though it is very probable that things will happen thanks to our analysis, the possibility of losing is there and I think it will be at 50% if we are quite fair

Yes, in sports betting one can also lose the bet and even after doing deep and thorough research, there's still chance to lose the bets. But, I guess it's still somehow calculated risk then what we have in casino based games.

The risk in casino based games is higher without any doubt because of the house edge while in sports betting it's someone research and luck that decided whether he/she is going to win or lose the bet.

And, that's the reason I believe that sports betting can be suitable for the ones who know deep about the teams or players of the matches.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Oasisman on September 20, 2024, 10:20:30 PM

Well, I guess it's safe to say that responsible gambling is the only thing that's working when we say "long-term profitable strategies". Simply because we all know that nobody gets to win in gamble every single time, it doesn't matter if you gamble more frequent or casually, we all have our fair share of winning and of course losing is almost a guaranteed thing to happen. This same reason why treating gambling as a means of living will never be a good idea. At least when your gambling habits are under control, that basically means you have more time to spend in gambling because you always can and you're not broke lol. That also means, you have plenty of chance to get good wins and that considered to be something, IMO a long-term profit.

Responsible gambling is always recommended for all gamblers because they can prevent the big lost of their money and that could be a long term profitable strategies although we will still difficult to win on certain amount. With responsible gambling, we can manage our money that we will use in gambling so we can avoids the big lose while we can also manage our gambling activity. We will not playing gambling frequent because that can make us lose control and that means we may get more losses. When someone want to use gambling as a means of living, they will see that is difficult to reach as gambling is just for fun and as a place to make money. They must understand about that so they can treat gambling as a fun activity.

fruktik

hero member

Activity: 1148

Merit: 576

Quote from: Shishir99 on September 20, 2024, 09:59:49 PM

I don’t think any strategy is enough to beat the house edge. When it comes to slot games, I guess it is exclusively depend on a players luck. Some people just spin endless until they get big wins. For me, I usually play slots if it has bonus buy feature and leaves the game once i hit a good multiplier and do the same thing on another slot. Sometimes it works! Sometimes it does not work.

I also play crash, mines and Dice. But I don’t think there are any afe Strategy. All the strategy get busted at some point. No matter how good it is. Mostly, I try low multiplier even though it is too risky. I would say, there are not a single safe strategy.

I like to spin the slots myself. For me, it's number one, and then everything else. I played them for many years in special establishments in my city. Wow, what times those were. And what about now? Everyone has switched to the Internet and plays casinos without leaving home. Recently I saw teenagers playing slots on their phones right on the street. Judging by the shouts, they even managed to win something. This is the development of technology. It was hard to even imagine this before.

And what can I say about long-term strategies? Some of them work, and many do not. Everyone should have their own approach to the matter. There is no consensus here. Everything is relative.

bering

legendary

Activity: 2898

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

Quote from: adzino on September 20, 2024, 09:37:52 PM

Quote from: madnessteat on September 19, 2024, 02:55:27 AM

I probably tried all sorts of gambling strategies, but could not find a strategy that would allow you to win on a permanent basis in the long term. Over time I came to realize that such a strategy does not exist otherwise the system of gambling would not work as intended.

That is why in gambling I rely more on my intuition and change the strategy depending on the circumstances at any given moment of the gambling session.

I have seen people try so many different gambling strategies and they all end up saying none of them worked. Maybe for a while but eventually they lost. If there was a foolproof strategy to win, casinos would go broke very fast lol. No matter how many times you change your strategies, the house always has the edge and they will win in the long term. All those strategies and so called intuition is nothing but kind of a gaembler's fallacy to think that we can beat the system. If you win big, take it and quit. If you return, you will end up with nothing. So the best strategy is to quit while you are already ahead.

The main target to gambling is to earn money so that's why people usually will look for the best strategies which they can used to gets the better results in gambling but strategies in gambling usually only works for short term so it cannot be used for long term because if people still insist to used the same strategies repetitively while gambling then eventually people will ended up to losing their money and in my opinion there is no such thing and if there is any strategies who successfully can be used for long term in sure those people have already rich from gambling but in fact there was no players who can beat the casinos and became rich from gambling

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: LUCKMCFLY on September 20, 2024, 01:32:45 PM

When I think about playing long term, you know something very logical , those players who do it have a tendency to lose , there is no other way , I am a player , but you could say that I have always played but I vary my games and I always do different game sessions where Basically it is always with Controlled money or with an idea of being willing to lose , that is the main thing, I think that taking that into consideration things are always better , the more control the better , of course it is my strategy, everyone has their own style and way of playing.

Well, I guess it's safe to say that responsible gambling is the only thing that's working when we say "long-term profitable strategies". Simply because we all know that nobody gets to win in gamble every single time, it doesn't matter if you gamble more frequent or casually, we all have our fair share of winning and of course losing is almost a guaranteed thing to happen. This same reason why treating gambling as a means of living will never be a good idea. At least when your gambling habits are under control, that basically means you have more time to spend in gambling because you always can and you're not broke lol. That also means, you have plenty of chance to get good wins and that considered to be something, IMO a long-term profit.

junder

hero member

Activity: 1092

Merit: 507

Leading Crypto Sports Betting & Casino Platform

Quote from: MarjorieZimmermanGinger on September 20, 2024, 08:40:19 PM

If a long-term strategy existed then there would be many gamblers who could make a lot of wins, but the fact is that we have never found any strategy that can guarantee long-term involvement to be much more profitable. Variation and money that can be controlled is the strategy and that is how we can survive in gambling because the more money you lose, no one will ever be able to survive.

You are right because everyone must have their own way and maybe the difference is how that involvement can make them have much more control when gambling. That way a person's emotions will not explode when experiencing defeat or victory in gambling.

I agree with what you said if there is a long-term strategy then there will be those who can produce many wins, besides we know that gambling is one of the things that can make us get profit by saying easy, fast and instant in just a few minutes of happening but in reality it does not happen often even with those who are confident with having a strategy does not guarantee they can win in this case.
In addition, everyone certainly wants to get money or profit quickly, therefore if there is an accurate strategy I think many people have made gambling a source of income in their lives. Unfortunately, people who make gambling a source of income experience more problems because uncontrolled loss of money makes them experience excessive pressure which happens because they are emotional or follow their greed.

Shishir99

hero member

Activity: 770

Merit: 482

I don’t think any strategy is enough to beat the house edge. When it comes to slot games, I guess it is exclusively depend on a players luck. Some people just spin endless until they get big wins. For me, I usually play slots if it has bonus buy feature and leaves the game once i hit a good multiplier and do the same thing on another slot. Sometimes it works! Sometimes it does not work.

I also play crash, mines and Dice. But I don’t think there are any afe Strategy. All the strategy get busted at some point. No matter how good it is. Mostly, I try low multiplier even though it is too risky. I would say, there are not a single safe strategy.

Litzki1990

sr. member

Activity: 1386

Merit: 406

Quote from: madnessteat on September 19, 2024, 02:55:27 AM

I probably tried all sorts of gambling strategies, but could not find a strategy that would allow you to win on a permanent basis in the long term. Over time I came to realize that such a strategy does not exist otherwise the system of gambling would not work as intended.

That is why in gambling I rely more on my intuition and change the strategy depending on the circumstances at any given moment of the gambling session.

No matter how much experience a person gains in gambling, he can never say that he will continue to win consistently. I have been involved in gambling for a long time and I still think about gambling many times but the results do not come in my favor. Many times I make correct predictions before I start gambling but after gambling my predictions turn out to be completely wrong. No gambler would lose money by gambling if there was a guarantee that he would make a profit by gambling. We only need to apply skill as well as use our own experience to reduce the amount of risk in gambling. Just because we can do that doesn't mean we can consistently make a profit from gambling.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: madnessteat on September 19, 2024, 02:55:27 AM

I probably tried all sorts of gambling strategies, but could not find a strategy that would allow you to win on a permanent basis in the long term. Over time I came to realize that such a strategy does not exist otherwise the system of gambling would not work as intended.

That is why in gambling I rely more on my intuition and change the strategy depending on the circumstances at any given moment of the gambling session.

I have seen people try so many different gambling strategies and they all end up saying none of them worked. Maybe for a while but eventually they lost. If there was a foolproof strategy to win, casinos would go broke very fast lol. No matter how many times you change your strategies, the house always has the edge and they will win in the long term. All those strategies and so called intuition is nothing but kind of a gaembler's fallacy to think that we can beat the system. If you win big, take it and quit. If you return, you will end up with nothing. So the best strategy is to quit while you are already ahead.

MarjorieZimmermanGinger

hero member

Activity: 1498

Merit: 802

Leading Crypto Sports Betting & Casino Platform

Quote from: LUCKMCFLY on September 20, 2024, 01:32:45 PM

When I think about playing long term, you know something very logical , those players who do it have a tendency to lose , there is no other way , I am a player , but you could say that I have always played but I vary my games and I always do different game sessions where Basically it is always with Controlled money or with an idea of being willing to lose , that is the main thing, I think that taking that into consideration things are always better , the more control the better , of course it is my strategy, everyone has their own style and way of playing.

If a long-term strategy existed then there would be many gamblers who could make a lot of wins, but the fact is that we have never found any strategy that can guarantee long-term involvement to be much more profitable. Variation and money that can be controlled is the strategy and that is how we can survive in gambling because the more money you lose, no one will ever be able to survive.

You are right because everyone must have their own way and maybe the difference is how that involvement can make them have much more control when gambling. That way a person's emotions will not explode when experiencing defeat or victory in gambling.

Topic: Long-term profitable strategies (Read 1651 times)