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Topic: Long-term profitable strategies - page 10. (Read 1651 times)

hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
January 11, 2024, 07:07:53 AM
#66
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.

Strategy to make a profit in gambling? Maybe I'll also monitor this thread because in my 2 year gambling journey, I still haven't found a consistent way to make money from gambling. Even though in my opinion there is no such way and no matter how good we are at gambling, it is impossible for us to win consistently.

Maybe we can win and get a big jackpot, but that's just luck and there are times when we are emotional and uncontrolled, which makes us lose. Apart from strategy and luck, gambling is also about controlling emotions

Exactly, you said something according to the facts, I agree with that that there is absolutely no strategy in gambling, if there is a strategy to be able to get a win consistently then isn't that not gambling? haha obviously, it's very strange why people can think like that, the name of gambling means that there are only two possibilities that will occur in the final result, namely between winning or losing and all gamblers will never know whether they will win or lose. Although for example people say that they have a powerful strategy but on the other hand they do not provide real evidence that they managed to get a winning streak then obviously it is nothing more than nonsense, and also on the other hand if gambling really can provide a sure victory by using a strategy then isn't it now that many gamblers have become wealthy? of course because there are so many gamblers before us who are likely to have high flying hours or some professionals, but the fact is that the opposite is the case which is where if you are too serious then you will experience a lot of defeat.

Winning is possible and losing is something that will definitely dominate if you try too much, it all depends on your luck and after all gambling is nothing more than a game of probability.
full member
Activity: 434
Merit: 202
Duelbits.com
January 11, 2024, 06:06:15 AM
#65
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.
I was expecting you put up a suggestive strategy and we hope to see how we can tailor it to what suits us or better still make imputes that could be very helpful to you and probably improve on your strategy then we see how profitable we can stay with such strategy gambling as long nas we can. well I think a strategy that can be profitable in the Long term will most likely be on sports betting asides which may be basically luck and will not last a long term.

Casino games are usually very technical and mostly based on predictive luck so strategies that may work on them.may not last a long time but then you can possibly work more on your risk management that way you can play longer it's the best strategy I think every other is luck.
legendary
Activity: 2562
Merit: 3477
January 11, 2024, 03:40:15 AM
#64
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.

You didn't specify your strategy if it's for Casino or sports. I'm saying this because Casino games is entirely luck based no matter how good you are as a gambler, the house always ahead of you and win but with sports, you have more chance of winning and your winning probability is upto you and the team you select on your option, unlike the casino where your outcome depends on the house and how it's designed.

There is a similarity though that you should put into consideration no matter the kind of gambling you are doing and they are make sure you don't gamble to chase profits, don't gamble because you think you can make money from it, never borrow to gamble, never try to gamble more than you can afford to lose, don't over bet, don't bets when you are financially down. All this will hidner your gambling experience negatively, it's better you avoid them.
Personally, I don't play certain gambling games:
1. I don’t play games where luck plays a very large role - for example, roulette or slot machines.
2. I don't play against casinos, only against people with whom I have equal stratum chances.
3. I know that many games have long-term profitable strategies. Even in sports betting there are people who make money from it in the long term. For example, Nate Silver, author of the book on forecasting “Signal and Noise.”
But to do this you need to devote yourself to some predominantly one sport.
4. I think everyone will agree that long-term earnings are possible in chess and similar games. But is chess a game of chance? And in chess, too, only international grandmasters earn money.
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January 10, 2024, 09:46:13 PM
#63
I think the long-term profitable strategy for gambling is to know when to stop when we are winning and continue it for another day.  Self-control or moderation is the key to long-term profitability in gambling.  There is no such strategy that will affect or enhance our chance to win so we must take control of our gambling engagement.  As I stated winning is the only way to profit from gambling and knowing when to pocket the winnings will help us to not waste the winnings we get from our gambling activities.  

In addition, we should know when to stop to prevent severe losses.  Minimizing losses and maximizing the amount of winnings through controlled/moderated gambling, I think is the key for long-term profitability.

And upon winning, better invest into something that will give you passive income.
Because if you will just go back to your games, the likelihood that you will lose it all is very high.
Chasing losses is the usual dilemma of most gamblers, and that is the activity that most are guilty of.
Without stopping and pausing for a bit, will be a dangerous way leading to addiction and deep debt.
[/quote
But in reality, gamblers can't think of this thing: investing the money they have won in gambling. No, they will keep on playing having the mindset that they need to double the money they have win using gambling also, thinking that they might win again because they have funds now so they can gamble more, but that's more like a poison to their mind, remember not just because you win in gambling once you will win again, no, track back your expenses before you got that win, you might have more losses than what you've win, so its better that you will use the money you have won in a gambling game if there is, like investing, in short think futuristic its better to have a passive income, or way of earning money in a long time, because you will be secured a profit for a long time and you might become more successful on that.
legendary
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☢️ alegotardo™️
January 10, 2024, 08:51:39 PM
#62
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.

I'm a terrible person to talk about profit in gambling games in the long term, my winnings are always sporadic and punctual, as I rarely end a month in profit.

It's possible? Yes, I believe it, but I don't think it's a question of strategy, because if there were an infallible recipe for profit then the casinos would be bankrupt. However, this is not what we have been witnessing in recent years.

But how is it possible then? In addition to the risk management that you have already mentioned, you need to bet on something that you are very good at, and in this regard you can now eliminate those games that depend a lot on luck, as these you will never be able to master. I'm talking about sports or card games, in which the player's skills overcome the mathematical probabilities of luck.
sr. member
Activity: 882
Merit: 457
January 10, 2024, 06:59:28 PM
#61
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.

Strategy to make a profit in gambling? Maybe I'll also monitor this thread because in my 2 year gambling journey, I still haven't found a consistent way to make money from gambling. Even though in my opinion there is no such way and no matter how good we are at gambling, it is impossible for us to win consistently.

Maybe we can win and get a big jackpot, but that's just luck and there are times when we are emotional and uncontrolled, which makes us lose. Apart from strategy and luck, gambling is also about controlling emotions
sr. member
Activity: 784
Merit: 372
January 10, 2024, 06:59:12 PM
#60
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.

I don't know if gambling has long-term benefits. But I've been gambling for a long time and suffered a lot of losses when I was new. I used to keep a small portion of my household expenses and with that money I indulged in gambling. So now I have gained experience in gambling with general experience to pay losses.

I will definitely follow the long term gambling strategies, because I love to gamble. Five days every week I gamble a lot, you can say gambling addict. But when I used to gamble seven days a week, I lost money because I was addicted to gambling. That's why I abstain from gambling for two days in a week and don't get addicted to gambling, now I'm having a great time.

hero member
Activity: 2744
Merit: 588
January 10, 2024, 06:45:00 PM
#59
I think the long-term profitable strategy for gambling is to know when to stop when we are winning and continue it for another day.  Self-control or moderation is the key to long-term profitability in gambling.  There is no such strategy that will affect or enhance our chance to win so we must take control of our gambling engagement.  As I stated winning is the only way to profit from gambling and knowing when to pocket the winnings will help us to not waste the winnings we get from our gambling activities.  

In addition, we should know when to stop to prevent severe losses.  Minimizing losses and maximizing the amount of winnings through controlled/moderated gambling, I think is the key for long-term profitability.

And upon winning, better invest into something that will give you passive income.
Because if you will just go back to your games, the likelihood that you will lose it all is very high.
Chasing losses is the usual dilemma of most gamblers, and that is the activity that most are guilty of.
Without stopping and pausing for a bit, will be a dangerous way leading to addiction and deep debt.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
January 10, 2024, 06:39:13 PM
#58
Is there such thing as strategy that would make you profitable in gambling? Well yes but not directly to betting or playing style but rather how you would handle your wager or bets with limitation. This is just based on my experience and with my analogy; perhaps you are a hard bettor and you happened to won 5/10 games to day and happened to lose on the remaining days of the week, would it still be profit? I tried limiting my barnkroll;  I set an amount I can afford losing everytime I would be gambling regardless if I lose or win, actually in both outcomes. I prioritized securing profit and fortunately, I an in profit for months already. Well, profit ain't that much compared to heavier bettors but I am just glad that I am one of them who are in profit in the long run. Chasing big win will just make you more exposed of losses given that bigger bets are expected. Losing will be and should be more anticipated than winning the jackpot, and needless to explain, that's just it.

It is more of a preventive approach. Logic? defense is our best offense; yes just like with the sports we are all familiar with. It is not always being hungry of winning but sometimes, it is better to avoid losing continuously. We cannot force the better outcome in the first place, right? then just lessen the tendency of the negative outcome.
hero member
Activity: 1652
Merit: 518
OrangeFren.com
January 10, 2024, 06:33:53 PM
#57
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.


The long term gambling was the fact based on the gamblers holding funds,because the funds was the important one in the gambling.After the loss the gamblers can recover the losses by the backup funds.But many gamblers are margin gamblers,they will play and try to arrange funds.Later move to the gambling business by the new savings in the gambling site,some gamblers try to long lasting gambling.They also want to use the gambling for their regular income.The random gamblers also earn money by luck,but the luck is not guaranteed one.So the gamblers should risk their money in the gambling site.
legendary
Activity: 3010
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January 10, 2024, 06:17:56 PM
#56
I think the long-term profitable strategy for gambling is to know when to stop when we are winning and continue it for another day.  Self-control or moderation is the key to long-term profitability in gambling.  There is no such strategy that will affect or enhance our chance to win so we must take control of our gambling engagement.  As I stated winning is the only way to profit from gambling and knowing when to pocket the winnings will help us to not waste the winnings we get from our gambling activities.  

In addition, we should know when to stop to prevent severe losses.  Minimizing losses and maximizing the amount of winnings through controlled/moderated gambling, I think is the key for long-term profitability.
hero member
Activity: 2702
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January 10, 2024, 05:30:17 PM
#55
Dunno if it works long term but betting low amounts on bigger multipliers can work. You can probably create some formula that can average out what specific multiplier you need to be able to win the amount you lost trying to achieve that one single specific win. If done properly I think that could work at the very least.

I wouldn't 100% rely on it though, it is still completely possible to lose your entire bankroll without getting back the amount you expect since, well, winning chances don't exactly go up with the number of times you lose, it just resets back to whatever it was originally. I've tried it before but did it randomly instead of trying to calculate and, well, it worked once or twice, but that's it. I often encountered more times where my bankroll went empty than not.
hero member
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January 10, 2024, 05:21:11 PM
#54
I have done several strategies as I gamble and to tell you, none of them have been effective for me in the long term in terms of profit.

It's like that I profit some within a few days but afterwards, it's pure losses. That's why there is no good strategy that we're going to talk about if it's for the long term.

I think what matters is about the profit management. Like it doesn't matter how many times you make a profit but how you're going to manage that profit you've made.
Depends on what kind of gambling you are dealing with because if we do speak about into those games which strategies is something that you can apply then its possible that you could formulate some strategy but if we do speak about luck based ones then there's no solid strategies that could really make you a winner and this is something that you should really be that wary of.
This isnt something that you should really be putting up into your mind in about assuring that you would really be that profitable in the end of the day because it cant really be just that possible
that you could really be able to sustain on longer duration since we know that luck would be always be the main part when it comes on winning up the gambling games.
And that's why I've tried as many as I can and for several games as well. Some may be worth it to try but requires some money and I am talking about the strategy that everyone knows and that's not worth for the most.

So, after summarizing all of them, that's why I've ended up about management with your profits and I've forgot about managing the bankroll too.
hero member
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DGbet.fun - Crypto Sportsbook
January 10, 2024, 04:27:59 PM
#53
I have done several strategies as I gamble and to tell you, none of them have been effective for me in the long term in terms of profit.

It's like that I profit some within a few days but afterwards, it's pure losses. That's why there is no good strategy that we're going to talk about if it's for the long term.

I think what matters is about the profit management. Like it doesn't matter how many times you make a profit but how you're going to manage that profit you've made.
Depends on what kind of gambling you are dealing with because if we do speak about into those games which strategies is something that you can apply then its possible that you could formulate some strategy but if we do speak about luck based ones then there's no solid strategies that could really make you a winner and this is something that you should really be that wary of.
This isnt something that you should really be putting up into your mind in about assuring that you would really be that profitable in the end of the day because it cant really be just that possible
that you could really be able to sustain on longer duration since we know that luck would be always be the main part when it comes on winning up the gambling games.
legendary
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
January 10, 2024, 04:20:01 PM
#52
Consider that there exists several fallacies in gambling.
For luck based games the most popular is called the gambler's fallacy and it's quite prevalent actually.
There is no strategy that will let you keep winning forever in luck based games. The house edge eventually gets onto you. Otherwise casinos would be effectively bankrupt.

If we had any game where the house could be best with a skill based element then yes, we could potentially talk about a long term profitable strategy. But think about it. If people realized this, there would be abuse and likely automation developed so it would be impossible for a human to win.

Old moneypot (bustabit) had this exact feature and eventually disabled it due to abuse. So you can see that some things are not really feasible. If we want long term profitable strategies without potential for abuse we maybe have to start playing on local poker tables again  Cheesy
hero member
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Vave.com - Crypto Casino
January 10, 2024, 04:12:51 PM
#51
Everyone has the ability to employ a gambling strategy, however it is essential to bear in mind that the purpose of doing so is solely to enhance the likelihood of winning. This is due to the fact that, up until this point in time, there does not exist a solitary gambling strategy that can assure a victory each and every time one engages in gambling. Therefore, I reiterate once more that gambling is merely centered around a potential outcome.


And another thing to remember, it would be unwise to have lofty expectations when it comes to gambling, for the truth is that gambling is an uncertain pursuit. Achieving victory in gambling is not as effortless as we may envision, nor is it as simple as flipping one's hand over. It's not a matter of incapability, but rather a matter of impossibility. To learn about the potential consequences of gambling, one does not necessarily have to indulge in it firsthand. The collective experiences of others offer valuable insights, serving as a cautionary tale that instills a sense of vigilance when engaging in such activities.
hero member
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January 10, 2024, 03:53:55 PM
#50
I like the concept of this discussion of the long-term profitable gambling strategy cause it will help and also save some gamblers from addiction and financial problems which can be caused by not gambling profitably.

The strategy  I always used was to divide 100 by my casino deposit. For example, if I deposit 100 USD, I will divide it by 100 which means i will execute each of my gambling with 1 USD so i have the chance to gamble 100 times so have the chance to gamble more while i also manage risk.
hero member
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January 10, 2024, 03:47:36 PM
#49
I have done several strategies as I gamble and to tell you, none of them have been effective for me in the long term in terms of profit.

It's like that I profit some within a few days but afterwards, it's pure losses. That's why there is no good strategy that we're going to talk about if it's for the long term.

I think what matters is about the profit management. Like it doesn't matter how many times you make a profit but how you're going to manage that profit you've made.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
January 10, 2024, 03:45:48 PM
#48
the best strategy, which really allows a high margin of "safety", is scalping/"all green strategies" on pre-live betting exchanges in markets with "a lot of liquidity". obviously all set up with dedicated software, high-performance hardware, fast line (even double).
Unlucky me Sad  in my country this type of game is no longer legal (the main bookmaker that offers this type of markets no longer operates Sad )
legendary
Activity: 2688
Merit: 1192
January 10, 2024, 03:14:58 PM
#47
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.

I get the feeling that there is long term potential to make a profit in sports betting and horse racing in particular, however you have to come up with a viable strategy which you track over the long term. If you have a bookmaker with reasonable odds, take a view of what the market looks like on a betting exchange like betfair 24 hours before the race. Then look at the same odds a minute or two before the race begins, you can quite often find large discrepancies which might allow you to build up a hedging strategy if you can pick enough good bets. There is a fair bit of movement in these odds and some large numbers involved, I've seen horses go from 5th favorite to 1st favorite overnight with nothing changing - you can pick out attractive horses based on their prior runs.
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