Long-term profitable strategies - page 4.

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Quote from: swogerino on September 19, 2024, 04:41:15 AM

Quote from: Pandu Geddon on September 19, 2024, 03:55:09 AM

Quote from: bakasabo on September 19, 2024, 03:41:29 AM

The fact that gambling hasnt disappeared in general or majority of casinos havent gone bankrupt proves that there is not strategy that will help gambler to make his gambling routine profitable. People have been gambling for decades, they have tested every single strategy, and if they would have found any profitable, they would have already outplayed all casinos. Not matter how people gamble and what strategy they use, it is still a fun time killer than money earning activity.

But many gamblers also end up enjoying it all. even with a few consecutive defeats, gamblers will still come back to play. no matter the results and strategies used, gamblers always have the attraction to bring you back to play.

When you are immersed in researching the strategies you use for the games you choose. it will only become more frequent betting and also more defeats. if we are lucky, even if we play as usual. we will get a win. if not lucky, then no matter how much effort we put into using the strategy, we will only regret it.

That is correct as no real strategy works or if it did we would see casinos disappearing and not appearing because no matter which "strategy" you use in the long run it will absolutely not work and that is the reason there are no profitable strategies in the long term.

Why I gamble is because I wanna try my luck if I wanna hit the max win to get some nice amount of money. I know my odds are low but still I don't care as trying makes me happy.

This is what gives casinos their favor: no matter how many years we gamble, our chances of winning don’t really improve. This reality never changes, which is why we gamblers can’t assume we’ll beat the house. Even if we score a win, there are still way more losses out there. This means casinos keep making profits while we keep spending and losing. But that doesn’t mean we should stop! We’re in it for the fun, and let’s be real—it’s way more exciting when we actually win and feel like we’re not completely out of luck.
The point I’m making is that gamblers help casinos survive, but the casinos only provide what we’re looking for.

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Quote from: giorgione on September 18, 2024, 07:39:07 AM

Ah, but you know, I'm not very expert in these things... but you're right about this casino issue.
The one that always wins is the casino, I have never seen the owner of a casino cry in poverty.

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.

If done properly, that is the only long term profitable strategy to "make money from a casino".

Who knows, most of the casino owners have been addicted gamblers previously and they eventually understood their folly of wasting money in playing. Now they are making money every single day and can play for free on their own casino.

Its a long term thought and comes with its own problems but is a full time job and a fruitful one too.

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Quote from: bakasabo on September 19, 2024, 03:41:29 AM

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.

The fact that gambling hasnt disappeared in general or majority of casinos havent gone bankrupt proves that there is not strategy that will help gambler to make his gambling routine profitable. People have been gambling for decades, they have tested every single strategy, and if they would have found any profitable, they would have already outplayed all casinos. Not matter how people gamble and what strategy they use, it is still a fun time killer than money earning activity.

In my understanding the strategy in gambling is not to beat the casino, but to play as many rounds as possible after funding the casino account. None of the gamblers do not know who and when will be lucky and each additional round can be lucky for us. At least when I play gambling I strive to increase the rounds but with the condition that the rate will not be too low to the risk/reward ratio to give significant emotions.

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Quote from: sompitonov on September 18, 2024, 08:17:34 AM

Quote from: michellee on September 18, 2024, 07:28:55 AM

Quote from: leonair on September 18, 2024, 02:06:34 AM

There is no strategy in gambling that can give you long term profit. Because gambling depends on luck. But if you have a long experience on a particular gambling game then you can get better results than others in that game. But cannot guarantee that you will get long term profit from it. I think risk management and money management are very important in gambling. Because these two will give you a chance to gamble for a long time and if you gamble for a long time there is a possibility of loss as well as big profit. So only this strategy can work very well

You can still create your strategy to manage the risk so the risks will not become bigger. We don't have long term profitable strategy because that still depends on our luck. Your strategy can not always guarantee you to winning from gambling as gambling is for fun.

Our experienced will not help us much to win the games because gambling is running without stop. We can only trying to prevent the loss from gambling without expecting we can win much money. But you can hopes that someday, you can win in some gambling games.

With knowing about risk and money management, you can prevent anything bad things that may occurs. You can playing gambling with enjoying the moment and no matters if you win and loss, you can relax after doing your busy day. That is what you should remember when you playing gambling because you come to casino to release your stress by playing some gambling games.

Of course, someone pays for the game and relieves stress without thinking about different strategies, and even if they try to use them, they are not serious at all. I want to advise many to start thinking differently, for example, to think not about winning, but about not losing or reducing losses to a minimum. This is where you need to start your thinking and then we can look at games from a different angle. And then we will start thinking about how exactly to win, it turns out that these are consistent actions.

Yes, they must start to think about reducing losses to a minimum. In a gambling game, we can reduce our losses because that depens on ourselves. If we really care with our money, we must do that to saves the rest of our money.

Think not about winning can be a good suggestion to them so they don't chase the winning but only want enjoy the games. They will not have a problem if they only enjoy the gambling games. They can also stop gambling anytime they want without giving more problem after they finish their gambling actvity.

Winning can come to us anytime so we should let it happen like that. We only have to relax and enjoy our time and not think much from gambling.

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Quote from: Pandu Geddon on September 19, 2024, 03:55:09 AM

Quote from: bakasabo on September 19, 2024, 03:41:29 AM

The fact that gambling hasnt disappeared in general or majority of casinos havent gone bankrupt proves that there is not strategy that will help gambler to make his gambling routine profitable. People have been gambling for decades, they have tested every single strategy, and if they would have found any profitable, they would have already outplayed all casinos. Not matter how people gamble and what strategy they use, it is still a fun time killer than money earning activity.

But many gamblers also end up enjoying it all. even with a few consecutive defeats, gamblers will still come back to play. no matter the results and strategies used, gamblers always have the attraction to bring you back to play.

When you are immersed in researching the strategies you use for the games you choose. it will only become more frequent betting and also more defeats. if we are lucky, even if we play as usual. we will get a win. if not lucky, then no matter how much effort we put into using the strategy, we will only regret it.

That is correct as no real strategy works or if it did we would see casinos disappearing and not appearing because no matter which "strategy" you use in the long run it will absolutely not work and that is the reason there are no profitable strategies in the long term.

Why I gamble is because I wanna try my luck if I wanna hit the max win to get some nice amount of money. I know my odds are low but still I don't care as trying makes me happy.

Pandu Geddon

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Quote from: bakasabo on September 19, 2024, 03:41:29 AM

The fact that gambling hasnt disappeared in general or majority of casinos havent gone bankrupt proves that there is not strategy that will help gambler to make his gambling routine profitable. People have been gambling for decades, they have tested every single strategy, and if they would have found any profitable, they would have already outplayed all casinos. Not matter how people gamble and what strategy they use, it is still a fun time killer than money earning activity.

But many gamblers also end up enjoying it all. even with a few consecutive defeats, gamblers will still come back to play. no matter the results and strategies used, gamblers always have the attraction to bring you back to play.

When you are immersed in researching the strategies you use for the games you choose. it will only become more frequent betting and also more defeats. if we are lucky, even if we play as usual. we will get a win. if not lucky, then no matter how much effort we put into using the strategy, we will only regret it.

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Quote from: bakasabo on September 19, 2024, 03:41:29 AM

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.

The fact that gambling hasnt disappeared in general or majority of casinos havent gone bankrupt proves that there is not strategy that will help gambler to make his gambling routine profitable. People have been gambling for decades, they have tested every single strategy, and if they would have found any profitable, they would have already outplayed all casinos. Not matter how people gamble and what strategy they use, it is still a fun time killer than money earning activity.

If there were profitable strategies, then the one who used them could win a large sum of money, but after that the casino would review this and forbid other players to use such things. In addition, really smart players will not talk about such things even if they managed to find such a thing, because they themselves would use it. However, there are gambling games in which the player plays against other players, and you need to look for profitable strategies there, trying to beat other players, and not the casino itself. Only in this case can you achieve earnings, even on a permanent basis, but it is still quite difficult to do this, because there are players who have been earning this way for decades.

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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.

The fact that gambling hasnt disappeared in general or majority of casinos havent gone bankrupt proves that there is not strategy that will help gambler to make his gambling routine profitable. People have been gambling for decades, they have tested every single strategy, and if they would have found any profitable, they would have already outplayed all casinos. Not matter how people gamble and what strategy they use, it is still a fun time killer than money earning activity.

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Quote from: Wakate on September 18, 2024, 02:45:22 PM

Quote from: giorgione on September 18, 2024, 07:39:07 AM

Quote from: TheUltraElite on September 18, 2024, 03:56:20 AM

Which gives the most direct and 100% accurate answer to your question ...

Ah, but you know, I'm not very expert in these things... but you're right about this casino issue.
The one that always wins is the casino, I have never seen the owner of a casino cry in poverty.

Lol funny you! Maybe you have not seen a casino hi bankruptcy before. Many casinos have closed down their operations majorly because of bankruptcy. When the team is not able to pay gamblers their winnings due to lack of funds especially when gamblers are winning high greater than the expectation of the casino.

Let me assume you didn't interpret the guy correctly, he said the right statement but you view it wrongly. He actually meant the working casinos which further buttresses the popular saying that "the house always wins." Bankruptcy is a different context entirely and no establishment is insulated from it.

Mind you, most of the casinos you see bankrupted still didn't go without many profits, so they won. It's just a pretence, they would have packed enough money off and started another casino or even gone to another line of business as they continue living a luxurious lifestyle while you think they are broke.

madnessteat

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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.

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Quote from: ChiBitCTy on September 19, 2024, 01:46:50 AM

For me, the only long-term profitable gambling strategy is mastering ones abilities. Great black jack and poker plays tend to win more than they lose over the course of time because they are good at it. Both games requiring a good deal of knowledge and skill, versus just being largely or purely luck. Of course even the best will go through periods of turmoil. Same can be said for sports gamblers. Knowledge and experience are key, the rest is just luck when it comes to winning.

If anyone ever presents some sort of long term "guaranteed strategy" that didn't involves skill/experience, it would be a total fallacy.

I agree with this because maybe in some betting models it does require skill to win, although in the long run it may not always work. I see people's skills when playing poker and they win games because of their skills even though when we try to imitate them we will experience defeat. But there will still be times when people who have the skills to play poker also lose and that is why people assume luck is much greater.

Not having the skills and experience is much worse in the case of poker and I agree there is no such thing as luck in betting like this. Because to get victory by relying on luck is not a good choice wherever we are.

ChiBitCTy

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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.

For me, the only long-term profitable gambling strategy is mastering ones abilities. Great black jack and poker plays tend to win more than they lose over the course of time because they are good at it. Both games requiring a good deal of knowledge and skill, versus just being largely or purely luck. Of course even the best will go through periods of turmoil. Same can be said for sports gamblers. Knowledge and experience are key, the rest is just luck when it comes to winning.

If anyone ever presents some sort of long term "guaranteed strategy" that didn't involves skill/experience, it would be a total fallacy.

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Quote from: passwordnow on September 18, 2024, 06:29:30 PM

I'm not sure if I'd be long term doing sports betting because the two results that I am having at most times are, losing, break-even and just some few wins. I think with having 5%-10% of returns from my wagers is already a good profit and this isn't an amount that I have to stress myself. Losing many of my bets with that much money that I have but then if I recover with a few profits from the few bets that I'll make then that will serve my satisfaction. It could be a long term acceptance for me with that very few percentage of profit. Thus, I don't rely on gambling for my source of income.

My thought here is that, if I make and lose some and I am not in total loss that would not make me disappointed at all. Any lose that I make is already enough to cover the enjoyment that I am having as it has become my hobby and part of my routine to place some bets and not expecting a lot in return.

I think as long as you love sports and are still here then you will continue to bet on sports, indeed the percentage of profit is very small but as you have said that making all bets gives pleasure and satisfaction, consider defeat as payment for the pleasure obtained.
It is very rare to really be able to produce winning streak in the long term, there will always be defeats and percentage of failure from every bet made so my advice is not to really rely on the profit from bet.

I always bet every week and that is bet on several different competitions, if calculate the profit then I don't really get profit from all the bets in one week, but one thing I get is the pleasure and satisfaction that can't be found anywhere else.

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Quote from: Hirose UK on September 17, 2024, 10:35:20 PM

Quote from: Litzki1990 on September 17, 2024, 10:11:24 PM

Every gambler has his/her own strategy in gambling that gamblers want to earn profit by gambling. Gambling generally has many categories here the gambler confirms in which category he will gamble. There are some gamblers who always prefer sports betting to gamble while there are some gamblers who prefer to play casino games. But I have always preferred those categories of gambling that I have an understanding of and where I can apply some of my skills. Gambling cannot be done entirely on luck then only money will be lost from here on out. We should gamble on related things that we know about and that we can predict to some extent before gambling. Gambling in this category shows that by applying luck as well as skill, we can be somewhat confident about the outcome.

But every strategy in gambling is just way for gamblers to have confidence in their bets, their skills and also their expertise in analyzing to predicting what will be bet, of course this will not provide any guarantee for someone to get win.
In general, gambler will have full confidence in the strategy they have to be able to achieve success in betting or playing, on average every gambler also has the option of their pleasure to choose casino game or sports betting that can make it easier for to win.
But it cannot be denied that in gambling don't have to rely entirely on luck because there are several choices that can really rely on skills and knowledge, but we must remember that the dealer advantage can never be surpassed by using any strategy except with luck.

In gambling one has to depend on the odds but if I depend entirely on luck then from my experience I will say the results will never go in my favor. If we want to earn profit by gambling, we must at least have enough understanding to understand the difference between good and bad. If sports betting a gambler decides to make a bet but if he has no idea about the sport then when the game is played between two teams but he himself will not know which team is strong and which team is weak. At this stage if he bet in favor of one of the teams then there is a high chance of him losing money.
More so because he is not betting based on which team is strong and which team is weak, rather he is betting in favor of a team like a rock in the dark. We need to stop being so dependent on luck.

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Quote from: Wakate on September 18, 2024, 02:45:22 PM

Quote from: giorgione on September 18, 2024, 07:39:07 AM

Quote from: TheUltraElite on September 18, 2024, 03:56:20 AM

Which gives the most direct and 100% accurate answer to your question ...

Ah, but you know, I'm not very expert in these things... but you're right about this casino issue.
The one that always wins is the casino, I have never seen the owner of a casino cry in poverty.

Lol funny you! Maybe you have not seen a casino hi bankruptcy before. Many casinos have closed down their operations majorly because of bankruptcy. When the team is not able to pay gamblers their winnings due to lack of funds especially when gamblers are winning high greater than the expectation of the casino. Although the business is a lucrative one and most of the team makes lots of money from gamblers especially when they keep betting on casino games. Using a reliable strategy to gamble especially on sport bets, maybe some casino games can be really profitable if the strategy is not yet outdated.

From what I have seen so far, the online casinos that have gone bankrupt were because they were unable to get new customers, but these new casinos closed while they had money from some customers and they stole it. Therefore, it is safe to assume that even though they went bankrupt, the owners of the casinos that closed did not leave with losses, they only left with a small profit. The owners of online casinos hardly pay taxes, and they also do not have many employees. Just look at the fact that in customer service people wait for days to be served. This shows that the casino does not have many employees, so the casinos make a lot of money if they have a regular customer base. If they do not have any, they will still make a profit. Only in cases where they do not have customers does the casino go bankrupt.

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Quote from: Ultegra134 on September 18, 2024, 05:50:35 PM

Quote from: Hispo on September 18, 2024, 05:24:23 PM

I don't want to sound like a complete killjoy, but the only one who indeed has a completely reliable long term winning strategy is the casino/house itself, otherwise gambling would not be a business (a profitable business) but a foundation to give money away to gamblers.
Beware of those who go around on the internet promising one hundred percent strategies and formulas to beat the house, as it does not make sense for someone to hold such privileged information and not to use it themselves, instead of selling it.

If anyone wants to make a living off gambling, then open a casino or work for one, otherwise in the long turn there will be only losses and disappointment for those who were gullible enough to buy into promises of scammers.

I don't want to be a party pooper either, but I agree. From how I see things, I find it hard to believe that the majority of us have come up with a long-term profitability strategy, I'm not saying it's impossible just because I haven't, but that I find it unlikely. Casino games are based on coincidence and probabilities, how can we possibly built something based on percentages? On the one hand, I believe that we may come up with a few tips that may assist us in our bets, what to avoid etc, but I can't call it a strategy. For instance, after fiddling with the Crash game for a while, I realized that trying to cashout immediately at low multipliers, such as 1.05x or 1.10x is actually going to lead to more losses in the long-run.

Moreover, in sports betting, placing a bet on the team that's almost guaranteed to win isn't viable, because the odds are usually low, I've seen as low as 1.10, perhaps even lower, in that case, the loss is much greater than the reward.

I also find it hard to believe that there are actually long term profit strategies. A reliable profit strategy can only last for a short term, after this the house will always win in the long run. Whatever strategy a person intends to use in gambling should be geared towards a more responsible gambling lifestyle where his risks are reduced to suit his risks tolerance.

Planning my bankroll and working on my emotions is the most reliable long term strategy I know as a gambler. Other strategies are only relevant for the moment. This might not really be seen as a profit strategy, but it has helped me lose less as a gambler.

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Quote from: Silberman on September 18, 2024, 04:22:08 PM

Quote from: Miles2006 on September 18, 2024, 03:16:51 PM

Majority of gamblers who choose strategy don’t even get to a winning level most times they spend more time for just a game and the end result is lose. People can’t always predict their win just using mere strategy, there’s no smart move that can guarantee a sure win because gambling is unpredictable. Winning and lose can’t be determined by a gambler or else everyone would love to win and casinos will be left with the lose in return, if anyone feels profit strategy works perfectly fine it’s their luck but, with or without a strategy we’ll always experience lose once in awhile.

This is something that does not stop from amazing me, there are still gamblers out there that think that they can get consistent wins over the casino, if there is something gambling is not is being consistent, gambling has been designed from the get-go to be unpredictable, and even the casinos themselves do not know what the result of a bet would be, instead casinos give themselves an edge that guarantees they will make profits regardless of the results obtained by their customers.

I don't know what their thoughts are, but what is clear in my opinion is that those who think they can win consistently in gambling are people who fully expect gambling with its benefits. While the other side is like what you said that gambling is designed from the start to be unpredictable accurately, this is what makes them lose a lot of money because they feel they can still win and continue like that, even when they have experienced defeat, there are players who feel that they will win in the next gamble so they continue their gambling without caring about the defeat and loss that has occurred.
The profit that the casino gets is clearly greater because indeed by establishing a casino the goal is to make a profit, and players who can't stop are delicious food for the casino because of its ongoing profits.

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I'm not sure if I'd be long term doing sports betting because the two results that I am having at most times are, losing, break-even and just some few wins. I think with having 5%-10% of returns from my wagers is already a good profit and this isn't an amount that I have to stress myself. Losing many of my bets with that much money that I have but then if I recover with a few profits from the few bets that I'll make then that will serve my satisfaction. It could be a long term acceptance for me with that very few percentage of profit. Thus, I don't rely on gambling for my source of income.

My thought here is that, if I make and lose some and I am not in total loss that would not make me disappointed at all. Any lose that I make is already enough to cover the enjoyment that I am having as it has become my hobby and part of my routine to place some bets and not expecting a lot in return.

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Quote from: Wakate on September 18, 2024, 02:45:22 PM

Lol funny you! Maybe you have not seen a casino hi bankruptcy before. Many casinos have closed down their operations majorly because of bankruptcy. When the team is not able to pay gamblers their winnings due to lack of funds especially when gamblers are winning high greater than the expectation of the casino. Although the business is a lucrative one and most of the team makes lots of money from gamblers especially when they keep betting on casino games. Using a reliable strategy to gamble especially on sport bets, maybe some casino games can be really profitable if the strategy is not yet outdated.

The casinos should be planned according to the certain algorithm or else the casino will be closed with the bankruptcy.The new people get into the casino business and may get into the trouble because of less knowledge of the casino business.The owner of the casino should use some time to understand the game and then they an start the business with the certain capital.Because the capital for the casino or gambling business will be very huge compared to the other business.Also you should hold certain dollars for the price money of the gamblers who win in the game.

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Quote from: Hispo on September 18, 2024, 05:24:23 PM

I don't want to sound like a complete killjoy, but the only one who indeed has a completely reliable long term winning strategy is the casino/house itself, otherwise gambling would not be a business (a profitable business) but a foundation to give money away to gamblers.
Beware of those who go around on the internet promising one hundred percent strategies and formulas to beat the house, as it does not make sense for someone to hold such privileged information and not to use it themselves, instead of selling it.

If anyone wants to make a living off gambling, then open a casino or work for one, otherwise in the long turn there will be only losses and disappointment for those who were gullible enough to buy into promises of scammers.

I don't want to be a party pooper either, but I agree. From how I see things, I find it hard to believe that the majority of us have come up with a long-term profitability strategy, I'm not saying it's impossible just because I haven't, but that I find it unlikely. Casino games are based on coincidence and probabilities, how can we possibly built something based on percentages? On the one hand, I believe that we may come up with a few tips that may assist us in our bets, what to avoid etc, but I can't call it a strategy. For instance, after fiddling with the Crash game for a while, I realized that trying to cashout immediately at low multipliers, such as 1.05x or 1.10x is actually going to lead to more losses in the long-run.

Moreover, in sports betting, placing a bet on the team that's almost guaranteed to win isn't viable, because the odds are usually low, I've seen as low as 1.10, perhaps even lower, in that case, the loss is much greater than the reward.

Topic: Long-term profitable strategies - page 4. (Read 1651 times)