Topic: [POLL] Are you in profit? (Read 363 times)

The main mistake is in their own mindset, they are wrong in assuming what is meant by the opportunity in gambling, if they understand that it is just an opportunity which means it is not or not necessarily possible to happen then I think they will not be excessive or will not think of chasing defeat, it is very difficult to be able to get a win or even just to break even. Therefore, the first thing that must always be considered is in terms of risk, before gambling you must be familiar with all the possibilities that are very likely to occur, so maybe you have also heard some advice that don't put too much money into gambling, because if the money is lost then I'm sure you won't accept the results, and in a state  of emotion that controls you then obviously you will act out of control such as chasing defeat, even though there is absolutely no certainty that the result will win or lose.

I think you should be a responsible gambler, because then I think you won't have to suffer so  many losses, and will be able to accept whatever the final result is, even if it's disappointing. Yes, if you have won then it's better to stop, there must be a time when you go home without tears. So basically all the decisions are in your own hands, and it will also determine the impact.

The first thread that you created, you didn't add polls to it, but you decided to add them now, which i will say it's of no use creating new thread because of polls. You claim to lock the other thread with the same post, but up until now, I've notice it hasn't been locked yet. I think it's better you just lock one of the threads, it's of no use having two threads with the same content open. Maybe it escaped your mind to lock the other thread. If one thread is not locked, you will see members spamming in the two threads, so I recommend you lock one of the threads.

Maybe some sort of studies on part of OP regarding on his statistics on his result has been made that's why he can tell that he's not profitable on gambling. For us who doesn't care about past result for sure its hard for us to tell if we are winning side or not since what's commonly important to us is the current result which we encounter and for sure there are times that we are profitable and not.

 So to avoid getting stress about such situation maybe we should not count all the losses and gamble just for fun since we all know the result with that if we start to create a data regarding on the performance we've done on our gambling activities it will show negative on our side. Remember the saying that the house always win so maybe that really have relevance at all that's why we should not pressure ourselves for this matter.

Yes, it's the biggest mistakes that gamblers make, maybe because they have losing and so they think that they can get back the money that they have loss and then win some. But pretty much it's a suicide for us, because the longer we play, the higher the odds that we might not get that money. So for me, if ever I had the chance to at least make even money after playing or not losing all the capital that I have, still good to me to quit and fight another day. And I guess we have to accept that fact that as a gamblers, sometimes we win and most of the times we are going to lose. So at least it won't hurt as much when we think of the money that we have lost so far for this year. And looking at the pool, more than 70% who voted are losing their money and we still have a lot more than a month before the end of the year so most likely the numbers could increased in December.

The biggest mistake gamblers make is chasing previous losses and wanting to recover the losses they have experienced, whether small or large, there will definitely be no point in chasing them because if calculated statistically it will not be achieved because the wins obtained are less than the losses obtained, so why? Chasing defeat, wasn't it explained at the beginning that gambling is full of risks?

So what are people chasing losses for if they themselves don't understand and ignore the risk warnings in gambling, it is true that gambling requires luck but no matter how lucky we are we will not achieve a win that is bigger than the losses we get, I have tried several games and almost The statistics I got were that I lost far more than I won, since then I considered gambling to be just entertainment, not a place to make money, chasing losses is only done by gamblers who chase profits and wins. 

this is why the question is very subjective as there is no time frame considered. like for the past couple of months, 8 months or since you started gambling? but more then likely, most are on the losing side even considering the short period. as only few can survive in this area, most will be in the negative side. you will only be profitable if you will stop playing after you gain some winnings. it may not be big, but at least you will go home in a positive mood. but if considering your overall winnings vs losses since you start gambling, i bet most will be on the negative, like real negative!

What do you mean by "I'm not a regular gambler", are you a professional gambler?
I have a friend who like you always wins but in small amounts and always wins when gambling, because he can limit when playing so when he gets a win, he immediately withdraws it not continuing the game because he already knows the end if he continues the game.

When you chase losses, do you not lose a large amount of money, or do you chase losses with small amounts of money?
If that's the case you're lucky, I think it's rare for gamblers to use a small budget but always win. And gambling is strongly tied to luck too, as you said those who continue to play by chasing big wins will not get their winnings if luck is not on their side. But not a few people are like this, so they lose a lot of money.

It's glad to know that many have admitted or proven through the poll that gambling is more of losing than winning. There are many advice about strategies, approaches, etc. but the truth remains that losing in gambling is more normal than winning.

It's already impossible for me to be able to compute whether I've been in profit or at a loss in gambling because I've been gambling for so long. But despite the absence of actual figures, I'm 100% sure that I'm losing all in all.

It's okay, the majority of gamblers don't always get lucky, they experience more losses than luck, so the concept of gambling has been designed that way, we as users should be able to enjoy it without having too much hope for success, because gambling is not a way to make money but rather a game of chance, in this case it is only obtained randomly.

If you use it as a hobby or as entertainment in the midst of your fatigue, that is a good thing at least you are not too ambitious to be able to double your money and you can stop at any time when you feel entertained without bearing the money you have lost because you don't mind the money you have bet.

Instant no for me, and my record will always stay on the losing side because i've lost most of my deposits. I remember being up one point with the help of some casino promotions, and then it only went downhill because I continued playing and gave back all the winnings that I won. After looking at the poll results, i'm surprised that it's not as one-sided as I thought it would be since I always see a lot of gamblers complaining or ranting about their losses on other threads.

No. I lost more than half of my bets this week end alone. But because of BTC not falling down 35k I guess i'm still in profit for hodling.

Result is overwhelming No. I think I have been careless in betting because I have bee looking forward already of the profit since the day I bought back some BTC in the time it dipped below 30k. It felt so good that I just carelessly bet.

What's the point of a second thread? Just because of the poll? @OP you really shouldn't make a 2nd thread for this. You're basically inviting spam at this point with the 2nd thread. What good is the poll anyways? People can tally up results by just reading replies or use logic and know that most are not in profit.

Yeah! You get into this loop where just breaking even feels impossible, let alone coming out ahead.  Maybe there's some system out there that can beat the house but for most folks it's just a crapshoot every time.  I can't say Ive found a surefire strategy myself.  Winning anything substantial takes some serious luck.  Even then it's usually gone just as quick.  But hey, it's an entertaining ride while it lasts right? The thrill of those wins, however rare, it's a rush.

My vote is NO.

By the way @cafter you still haven't locked your old thread.

I had my fair share of enjoying my winnings but overall, I am pretty sure I am still in the negative. with years and years of me gambling(this is both online and offline), there are only a couple of times where a win in gambling is sizable enough that you can actually use and enjoy the money you have won. majority of times, you just either lose or win but it is small enough that you just decide to gamble that winning again.

Bruh, wtf, I thought gambling is for entertainment. Profit doesnt matter. You see, gambling is not a safe way to make money! Expecting a coin to land on the edge after throwing it is like hoping for the sun to rise. Your experience not winning the jackpot? Pretty normal. The majority of people are in the same situation; they're after the thrill rather than the money.

If we crunch them, the money-making crowd in gambling? They're like unicorns: unusual and magical. And those saying they won big? This is usually only showing the bright side, not the days of loses.

Just remember that gambling isnt the main meal. That thrill, the tension, and the "what if?" Are there profits? What they are is just a gift; they are not the goal. To sum up, roll the dice for fun, but dont get too excited. As the saying goes, "its the game, not the gain"

I voted YES
I bet on soccer and I have my own methods of managing my bankroll, I make one for each championship I bet on, and this way I manage to make a small profit in the vast majority of championships
It's not easy, I don't have any secrets or foolproof methods and I don't bet large amounts of money
I do make a small profit, but I bet more for fun

I'm curious to see the result of the vote a few days from now

Being profitable in gambling is based on luck. So don't trust anyone claiming to be a successful gambler too much.
Yes, there are exceptions, but with chance based games such as blackjack, roulette, slots, dice and crash games... If you play long enough, you'll lose everything. Statistics dictates so.
There's certain gambling games such as sports and poker that one could claim some skill and knowledge is involved.

But still even there, compared to the thousands of players, if someone had a successful formula to beat the bookmaker or other poker players, how common would that be? Let's just all agree that being profitable in gambling is based on luck. At least for the most popular games, it's the only acceptable statement. So even if someone is profitable as a gambler, what else would it be based on? Maybe it's a trick question but we have to pay attention to these details.

I would literally want to say EVEN cause if I remember all the games I had back then when I also won huge amounts of prizes, but if I compare it to the number of unprofitable games, for sure I would say NO. I have tried a lot of online gambling it could be a card game, fish game, etc, but most of these game has a similar outcome which is loss of money. I already know that if I gamble I would eventually lose money but for sure I only aim for the entertainment and enjoyment of playing a game with money at stake for a thrilling effect. Also, I'm starting to get fishy on some online gambling if it is programed for the players to lose and would only pick some people where they have the chance to win, well I could also say that into physical gambling but in the end, everything in the gambling literally depends on luck. I barely gamble nowadays when I'm bored cause I would want to focus on investment in Bitcoin for now.

Well, I remember gambling and losing whole coins back in 2014-2015... so I doubt that anyone who has gambled since those years is really in profit. For sure, if we had chosen to invest and set aside our funds instead of gambling, the potential profit would have been greater, at least in my case. Anyway, there's no crying over spoiled milk, the life goes on. And despite that, there were undoubtedly beautiful moments and huge/crazy wins along the way.

So my vote is NO.

I wasn't privileged to see the former thread and caste my vote there, but being here now, I can as well say my mind, it's a NO for me. If any body can have the time to compere their gains and loses, the loses will definitely carry the day.

Casinos and bet companies are in business to make profit, and if gamblers are winning more than losing, then they'll be out of business. I think that gambling business is designed that gamblers will be losing far more that'll be gaining, so the bet and casino companies will remain in business.

We can as well look at gambling as a place where we go to pay money to have fun, not really to win. Because if you carry winning at all cost in your mind, then it might end in heartbreak. So I'll go with the saying that we should gamble with the money that we can afford to loose, or have a budget for it. So if we win or lose, it'll just be for the fun and entertainment.