Nobody wins in gambling anyway - page 14.

Jating

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Quote from: virasog on January 09, 2019, 11:55:19 AM

Quote from: dupee419 on January 06, 2019, 02:11:54 PM

Not true my friend, I know a lot of gamblers who actually took the advantage of gaining extra profit just by gambling, it is facts and its just the matter of putting luck in the games that you play, it is hard and once you get addicted to it you cannot stop until you had no more money, but I don't think that all gamblers will lose, some gamblers find this just a source of entertainment but for some gamblers they need to make profit and have set their goals over the casino.

It depends upon person to person. Some people win and earn good in gambling while other just lose their money. Everyone come to play gambling but not everyone can win. If everyone starting wining, then how will the casino will earn ? So, its everyone luck on how they go about this and Win or lose.

Yes everything is based on luck. So some day you are lucky and win and most of the days you don't. So just try to play in moderation and not force something that is beyond your control.

Get out if you are in a losing streak and just go back some other time. Not unless you have a huge bankroll that you're willing to lose everything in a single wise. Be a intelligent and wise gambler so that you can minimize your losses as well.

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Quote from: virasog on January 09, 2019, 11:55:19 AM

Quote from: dupee419 on January 06, 2019, 02:11:54 PM

Not true my friend, I know a lot of gamblers who actually took the advantage of gaining extra profit just by gambling, it is facts and its just the matter of putting luck in the games that you play, it is hard and once you get addicted to it you cannot stop until you had no more money, but I don't think that all gamblers will lose, some gamblers find this just a source of entertainment but for some gamblers they need to make profit and have set their goals over the casino.

It depends upon person to person. Some people win and earn good in gambling while other just lose their money. Everyone come to play gambling but not everyone can win. If everyone starting wining, then how will the casino will earn ? So, its everyone luck on how they go about this and Win or lose.

When there are problems with gambling we will not accepting it not so easy because we have need to win in gambling and there are many things to do with the profit but in gambling the profit was very very less and we cannot make profit in gambling this is the fact for all gambling users.

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Quote from: dupee419 on January 06, 2019, 02:11:54 PM

Not true my friend, I know a lot of gamblers who actually took the advantage of gaining extra profit just by gambling, it is facts and its just the matter of putting luck in the games that you play, it is hard and once you get addicted to it you cannot stop until you had no more money, but I don't think that all gamblers will lose, some gamblers find this just a source of entertainment but for some gamblers they need to make profit and have set their goals over the casino.

It depends upon person to person. Some people win and earn good in gambling while other just lose their money. Everyone come to play gambling but not everyone can win. If everyone starting wining, then how will the casino will earn ? So, its everyone luck on how they go about this and Win or lose.

omonuyak

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Quote from: creeps on December 22, 2018, 06:57:43 AM

Gambling can really be more profitable but of course nobody knows how long you can hold on that profit as the greed will take you in the long run.

That game is very tricky and really an addicting game, that you will just win by pure of luck and no need for you to study. If you don’t know how to control yourself, then expect to lose more money. Its better to enjoy the carnival, than to make serious playing on that place.

Gambling is generally a pure of luck and there is no need of developing expertness in it. Those that makes money from it are the sites owners or the gambling companies and since those people work on emotions I think that is why few really make it in gambling.

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Quote from: goaldigger on December 22, 2018, 05:02:59 AM

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

I see what you say and I consider it an addiction. control your emotions because basically gambling is something interesting and entertaining, I think gambling is an entertainment so I never get stressed. Come on, let's always be optimistic, don't give the target of the money you want to get, it will only create pressure and make yourself not have patience in making decisions for your life. play according to the groove and let's have fun playing gambling.

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Quote from: samcrypto on January 08, 2019, 05:00:07 PM

Quote from: romero121 on January 07, 2019, 04:50:23 PM

Whether the gambling is online or over any other offline zone doesn't matter big. The house win percentage will be always higher than that of the individual person's winning. To break this users develop strategies and one who have guessed in the right manner wins while the others lose their spending. So winning happens, but it is lower than the winning percentage of the house.

Yes we can win but still there is no assurance that it will last longer on our pockets since usually we keep on playing no matter how big the money we earned. We are tend to be more greedy, and ended up losing and this is why the house always win simply because of our action and we don’t have any plan at all.

Greediness of a human is a natural thing.So you should know how to control one's greed because if you can't,the tendency is you will make consecutive losses in gambling.Although there are times that you will win in gambling,but the chances of losing is bigger than winning the game.Gambling has only two options,either you win or lose the game.So i suggest to gamble only with an amount you can afford to lose.

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Quote from: samcrypto on January 08, 2019, 05:00:07 PM

Quote from: romero121 on January 07, 2019, 04:50:23 PM

Whether the gambling is online or over any other offline zone doesn't matter big. The house win percentage will be always higher than that of the individual person's winning. To break this users develop strategies and one who have guessed in the right manner wins while the others lose their spending. So winning happens, but it is lower than the winning percentage of the house.

Yes we can win but still there is no assurance that it will last longer on our pockets since usually we keep on playing no matter how big the money we earned. We are tend to be more greedy, and ended up losing and this is why the house always win simply because of our action and we don’t have any plan at all.

Correct, thats the nature of gambling. We tend to think that the knack or
luck or whatever will continue. People do create their own strategy and
believe they can make gains with it .
It takes time and money to figure out the "correct" strategy

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Quote from: romero121 on January 07, 2019, 04:50:23 PM

Whether the gambling is online or over any other offline zone doesn't matter big. The house win percentage will be always higher than that of the individual person's winning. To break this users develop strategies and one who have guessed in the right manner wins while the others lose their spending. So winning happens, but it is lower than the winning percentage of the house.

Yes we can win but still there is no assurance that it will last longer on our pockets since usually we keep on playing no matter how big the money we earned. We are tend to be more greedy, and ended up losing and this is why the house always win simply because of our action and we don’t have any plan at all.

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Quote from: samcrypto on January 07, 2019, 08:35:20 AM

Quote from: Betwrong on January 07, 2019, 08:23:40 AM

Quote from: cabalism13 on January 06, 2019, 01:43:00 PM

OP must be referring to this Color Game in the PERYAHAN

This is very common and famous on our country and this is a very fun game because of the prizes,... People may not be able to win any time but this is just a pure luck as I think but some people says it has a cheat or trick on how you'll get those colors correctly picked.

And to correct the subject, there will be always a winner because if there isn't, nobody will play the game. nobody will make a gamble anymore. But the fact that some luck may be used to win, that's why there are so many people who wants to try this kind of games.

I've watched several videos about this game, and it looks like it is pretty popular in the Philippines. It is played mostly in open markets and in the crowded streets, and I never saw big money involved, but rather pocket-money. If you ask me, I would never play such a game because it looks very suspicious, and also, as some posters above have pointed out, there is no house edge in this game, so I guess cheating is embedded in it, or, otherwise, how it can be profitable to the organizers?

Yes its very popular and you can see at least 5 tables for this kind of game alone in most of the perya. I’m also wondering how they can earn big profit through this, but I’m confident that there’s no cheat on this. Looking at the collectors table, it looks like they earn more from the small money of every player.

It took me some time, but I think now I know why this game is profitable for the organizers.

a) When placing $1, say, on GREEN, many people think that the probability of a green color to show up with 3 cubes is 50%(1/6 + 1/6 + 1/6 = 1/2), and they are happy to get $1 profit in case of seeing 1 green among the three cubes.

b) They also think that the probability of 2 greens to show up is 25% (1/2 * 1/2 = 1/4), and thus they are happy to get $3 profit in that case.

c) Same goes for that rare case when 3 greens are showing up. People think that the probability of that is 12.5% (1/2 * 1/2 * 1/2 = 1/8) and are happy to get additional $7 to their bet in that case.

The thing is that, in fact, all the above calculations are wrong. Below are the real probabilities for the cases a, b and c respectively:

a) 42.13%

b) 17.75%

c) 7.5%

I think now it's obvious that this game does have a house edge, and not a small one.

P.S. Please, those who played this game in real life, correct me if I'm wrong regarding the pay-outs, because my sources were several videos of poor quality.

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Quote from: darewaller on January 07, 2019, 08:45:17 AM

Even we managed to win against them, they will not allow us to leave off. They will enforce/convince to continue until we will lose. This is how they are managing this business and here also only the "house" wins always.

Nothing new here. If they need to survive in their business then be must need to do so. If you are finding some excitements then you may go for repeating with them otherwise you just need to stay away from them because you will not be having any other choices. This is how typical gambling houses are working and surviving.

Quote from: romero121 on January 07, 2019, 04:50:23 PM

Whether the gambling is online or over any other offline zone doesn't matter big. The house win percentage will be always higher than that of the individual person's winning.

Yes, online or offline will not be having any big differences. But, if you want to have real offline gambling then you must go bet against your friend so that there will be the exact fairness that we are all expecting as the winning possibilities for you and your friend is same 50% as there is no house is there to match you both. But in online gambling, we are challenging the house as the opponent but they are having some extra advantage as they are matching themselves with us and for providing a platform for easy gambling. This is the reason we are unable to beat them.

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Quote from: cabalism13 on January 06, 2019, 01:43:00 PM

OP must be referring to this Color Game in the PERYAHAN

This is very common and famous on our country and this is a very fun game because of the prizes,... People may not be able to win any time but this is just a pure luck as I think but some people says it has a cheat or trick on how you'll get those colors correctly picked.

And to correct the subject, there will be always a winner because if there isn't, nobody will play the game. nobody will make a gamble anymore. But the fact that some luck may be used to win, that's why there are so many people who wants to try this kind of games.

That is what I thought with how the OP shares his opinion.

We call this "PERYAHAN" where most people bet on different colors or sometimes cards and numbers. I have tried to bet into this games and to be honest, I didn't won even once. Its always a lose for me. The winning percentage in this kind of game is very low. I often saw this mostly in fiesta and other special events.

I agree with what you said in the last part that there is always a winner in gambling. Its either the gambler or the house Cheesy

.

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Quote from: cabalism13 on January 06, 2019, 01:43:00 PM

OP must be referring to this Color Game in the PERYAHAN

This is very common and famous on our country and this is a very fun game because of the prizes,... People may not be able to win any time but this is just a pure luck as I think but some people says it has a cheat or trick on how you'll get those colors correctly picked.

And to correct the subject, there will be always a winner because if there isn't, nobody will play the game. nobody will make a gamble anymore. But the fact that some luck may be used to win, that's why there are so many people who wants to try this kind of games.

There type of game has house edge, because there are 6 choices and the 3 blocks can sometimes him in one color or the two blocks will hit 2 colors, that's their advantage. If there are more bettors in this game, the more they'll make money, I played this game for fun only.

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On the fact that "Nobody wins in gambling" is a false fact because we can win in gambling by luck or if you're very superior in mind games. Gambling is a very risky method where you can earn huge profit by a solid prediction and probabilities. If you have knowledge in Probability and Statistics, you will manage to stay at the table for a longer time because your profit will not be gone in a minute.

Quote from: samcrypto on January 07, 2019, 08:35:20 AM

Quote from: Betwrong on January 07, 2019, 08:23:40 AM

Quote from: cabalism13 on January 06, 2019, 01:43:00 PM

OP must be referring to this Color Game in the PERYAHAN

This is very common and famous on our country and this is a very fun game because of the prizes,... People may not be able to win any time but this is just a pure luck as I think but some people says it has a cheat or trick on how you'll get those colors correctly picked.

And to correct the subject, there will be always a winner because if there isn't, nobody will play the game. nobody will make a gamble anymore. But the fact that some luck may be used to win, that's why there are so many people who wants to try this kind of games.

I've watched several videos about this game, and it looks like it is pretty popular in the Philippines. It is played mostly in open markets and in the crowded streets, and I never saw big money involved, but rather pocket-money. If you ask me, I would never play such a game because it looks very suspicious, and also, as some posters above have pointed out, there is no house edge in this game, so I guess cheating is embedded in it, or, otherwise, how it can be profitable to the organizers?

Yes its very popular and you can see at least 5 tables for this kind of game alone in most of the perya. I’m also wondering how they can earn big profit through this, but I’m confident that there’s no cheat on this. Looking at the collectors table, it looks like they earn more from the small money of every player.

There's a trick in there, I'm always playing that color game in "peryahan". Just check the color in the back of the cube before it lands, your win rate here is about 40-50%. It may look suspicious, but no, it's a pure luck game and it has only a small amount of bet.

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Whether the gambling is online or over any other offline zone doesn't matter big. The house win percentage will be always higher than that of the individual person's winning. To break this users develop strategies and one who have guessed in the right manner wins while the others lose their spending. So winning happens, but it is lower than the winning percentage of the house.

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Quote from: samcrypto on January 07, 2019, 08:35:20 AM

I’m also wondering how they can earn big profit through this, but I’m confident that there’s no cheat on this. Looking at the collectors table, it looks like they earn more from the small money of every player.

In my country also, this kind of games are very popular but as far as I have experienced I'm sure they are all cheating. They do use dice for deciding the winner and winning amount. When counting the dice numbers they are cheating or they know how to shuffle and how to get their own preferred set of numbers so that they can only when all the times. I'm not sure what kind of tricks they are using but winning here also it is not that much easier one.

Even we managed to win against them, they will not allow us to leave off. They will enforce/convince to continue until we will lose. This is how they are managing this business and here also only the "house" wins always.

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Quote from: Betwrong on January 07, 2019, 08:23:40 AM

Quote from: cabalism13 on January 06, 2019, 01:43:00 PM

OP must be referring to this Color Game in the PERYAHAN

This is very common and famous on our country and this is a very fun game because of the prizes,... People may not be able to win any time but this is just a pure luck as I think but some people says it has a cheat or trick on how you'll get those colors correctly picked.

And to correct the subject, there will be always a winner because if there isn't, nobody will play the game. nobody will make a gamble anymore. But the fact that some luck may be used to win, that's why there are so many people who wants to try this kind of games.

I've watched several videos about this game, and it looks like it is pretty popular in the Philippines. It is played mostly in open markets and in the crowded streets, and I never saw big money involved, but rather pocket-money. If you ask me, I would never play such a game because it looks very suspicious, and also, as some posters above have pointed out, there is no house edge in this game, so I guess cheating is embedded in it, or, otherwise, how it can be profitable to the organizers?

Yes its very popular and you can see at least 5 tables for this kind of game alone in most of the perya. I’m also wondering how they can earn big profit through this, but I’m confident that there’s no cheat on this. Looking at the collectors table, it looks like they earn more from the small money of every player.

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Quote from: cabalism13 on January 06, 2019, 01:43:00 PM

OP must be referring to this Color Game in the PERYAHAN

This is very common and famous on our country and this is a very fun game because of the prizes,... People may not be able to win any time but this is just a pure luck as I think but some people says it has a cheat or trick on how you'll get those colors correctly picked.

And to correct the subject, there will be always a winner because if there isn't, nobody will play the game. nobody will make a gamble anymore. But the fact that some luck may be used to win, that's why there are so many people who wants to try this kind of games.

I've watched several videos about this game, and it looks like it is pretty popular in the Philippines. It is played mostly in open markets and in the crowded streets, and I never saw big money involved, but rather pocket-money. If you ask me, I would never play such a game because it looks very suspicious, and also, as some posters above have pointed out, there is no house edge in this game, so I guess cheating is embedded in it, or, otherwise, how it can be profitable to the organizers?

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I don't play the game OP mentioned but I disagree that no one can win in gambling. It mostly depends on how well you manage your bankroll and which games you bet on. People who always lose put too much in a single bet or doesn't know when it's time to stop. Joining on contests and promotions that are +EV on the games & rounds sub board can easily help you win in gambling.

Quote from: cabalism13 on January 06, 2019, 01:43:00 PM

This is very common and famous on our country and this is a very fun game because of the prizes,... People may not be able to win any time but this is just a pure luck as I think but some people says it has a cheat or trick on how you'll get those colors correctly picked.

Looks like there could be a trick or pattern to it since the cubes only have a short path to roll on still a luck based game.

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Quote from: snipie on January 06, 2019, 02:39:32 PM

Quote from: dupee419 on January 06, 2019, 02:11:54 PM

for some gamblers they need to make profit and have set their goals over the casino.

The problem is that those gamblers could be counted using one hand in this community. Barely everyone win something try to win the double, and everyone losing try to win in the next game which end up by huge losses for all of them.
Knowing when to stop is important but few people listen to their minds not their emotion!

I am agree with your opinion: Mindset matters! Emotions will not let gamblers to apply rules stated in "gambling ideas". If odds are not in your favor it isn't good idea to continue with illusions appeared by environmental conditions. Risk management is key, this is especially true in roulette,blackjack. House always wins no matter how good gambler is.That is the main reason why gambling industry is known like one of few business types that grows with minimal risks.

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Quote from: dupee419 on January 06, 2019, 02:11:54 PM

for some gamblers they need to make profit and have set their goals over the casino.

The problem is that those gamblers could be counted using one hand in this community. Barely everyone win something try to win the double, and everyone losing try to win in the next game which end up by huge losses for all of them.
Knowing when to stop is important but few people listen to their minds not their emotion!

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