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.

There are many types of online gambling. So it depends on what type of game. Online gambling in general, I do not make a profit and I do not feel disappointed with the results I receive because the aim of the gambling I play is not to seek wealth.
In this type of sports betting, I am often lucky because the team I bet on in the betting list is often right with the results even though the wins are small. In other types of online gambling such as slot games, I often lose.

Most likely that I am in losses just as the others. And those that are in profit then that is good to know that they have been sitting in profits already.

With what we have been as we are gambling for a very long time, and we are to calculate our entire run with it. The majority of us are likely to agree that we are bearing with our losses. 

Whether we like it or not, that is the real thing as we gamble, the percentage of losing and being at loss is high.

My vote is no and it includes on this result

YES   - 4 (20%)
NO   - 14 (70%)
EVEN   - 2 (10%)
Total Voters: 20

The result is not surprising to me it just proves that the house edge always wins and for every winner, there are 5 losers since this is a fact we should just enjoy and have fun, and if there's an opportunity to make a profit, by all means, grab it and cash it out and never look back and think that its possible to recover your losses because eventually, you will lose everything, its better to end a session with a smile and plan to treat yourself than regretting that you should have quit after you won.

Maybe it's their lucky run but I doubt they can continue this lucky run, you may be in profit for a whole month but you cannot guarantee to make it two in a row I voted no because I want to be honest with myself, and I accept the fact the longer you play the chance for you to experience losses.
Why do we have a poll like this when it is too obvious that there are more losers than winners and the majority of the players will say that they lost, I don't think we will have a poll like this where there are more winners than losers, I will consider not realistic.
Well, the poll just reflects what we always know and that is the house always wins,

I’m on profit honestly speaking but not that huge amount because I’m not a regular gambler and mostly I play using small bankroll just to have fun. I’m always ended up winning even if I have a rough start.

I was supposed to have a terrible loss but I recover it when I chase my loss. It’s possible to be on total profit in gambling but I agree that it will be hard for those people that consistently playing since the house edge will surely make everyone lose in long term. Not exposing much on house edge is the only reason why I’m in profit.

I voted NO and whoever voted YES most likely is lying to himself   . Like , let's be real , how can one be on profit when he gambles ? And even if he is , he most likely placed 1 bet and ditched after but he can say he is on profit as no one force you to bet extra.

I would say that is hard to break even as well as that requires more gambling , more bets and more risk to take in order to be on even balance between you and the bookies.

Wait, profit? I thought gambling was entertainment...

Didn't vote, but I generally can say am overall break even. Small and modest successes here and there, utter losses elsewhere, but I set aside a budget every season and expect to set a new one aside every season. Winnings I spend, enjoy. Just isn't that ehat gambling is meant for? Enjoyment?

Oh and OP. You ever wonder why the actual gamblers who post betslips don't generally respond to these kinds of polls? Your first page alone, apart from maybe one or two nams, I don't recognise anyone I know who actually bets snd gsmbles with enough records to answer your poll honestly.

Happy to be proven wrong.

My vote is a capital letter NO

Gambling is not what can generate profit for you because it will only take money from you and will never give it back to you in a profitable way. Although there are some people who will claim that they have made more of profit than loss, which I know that to see such person is rare.

When I was new to gamble, I had the wrong mindset on gamble and I thought that I can make profit from it, but I got disappointed because it thought me a hard lesson that made me to understand what gamble should be seen as. There are still new people who are also having this same thought that they can make profit from it and I just talked to one of them yesterday about the consequences of seeing gambling as a profitable activity

When people first start gambling, they get caught up dreaming about scoring it big.  But let's be real - the casinos and bookies are the ones who end up benefiting in the end.  Most of the time when people lose, they try to forget about it and only focus on those rare wins that keep them hooked and  we've all been there before, chasing those wins.  Everyone's got their own tale when it comes to gambling.

I've been gambling for a while now, longer than I'd probably like to confess.  It's been several years since I tried betting with bitcoin, so even if I broke even, which I doubt, Id still be down in dollars.

If we consider the PnL since the start of my gambling journey then heck NO because I loss a lot during my newbie days while the price of crypto that time is low compared to now that it’s massive. I’m already a millionaire if I didn’t lose a lot of crypto back in the days and just hold it.

But if we consider only the $ value and the time which I’m already not careless then I’m in consistent profit because pf the bonuses and VIP rewards of casino nowadays. I’m sure that many user here is still in loss if we will consider the time when we are just starting since no one here start as a pro on gambling.

You are right because there is a pleasure factor that we get from gambling that keeps us coming back to gambling. But you know that it is actually a small trigger that can make us addicted to gambling if we are not careful in using gambling.
Many people are so carried away by gambling that they will continue to return to gambling even though they have experienced a lot of losses.
We must not experience as many losses as they do, so we must really take care of ourselves while gambling.
It is normal when we know that many people have been gambling for a long time and have experienced a lot of losses because, in gambling, it is difficult for us to win.
If we don't want to lose a lot, we can manage our gambling time and really limit the money we spend on gambling. That's to prevent us from experiencing that many losses.

I'm not particularly sure but at the same time, there's not really much in terms of me being able to spend whatever winnings in a life-changing way, so I'm just gonna say NO. Whether it be no or yes, it's really pretty close anyway and you'd still be at a loss even if it was really even. In the first place I probably would've stopped gambling, or have at the very least minimized it if I actually won big in gambling in the past. A lot of stuff I want to improve on, most of which needs money.

In the first place though, I think most gamblers lose out when gambling. Just the existence of house edge puts most of us in the loss after all, what more with more cases of us actually lose instead of winning anything big.

Exactly my friend, it is a true fact as you said that there is absolutely no certainty in gambling especially for the results at the end of the session, it always and greatly depends on how lucky you are at that time, so what reason do you bring that makes you act aggressively and out of control just for the sake of winning? obviously it's the wrong way and your mindset is not reasonable, very far from what should be done properly. There are some people who say that they can succeed in gambling, which is a very ridiculous statement. It's like they are gambling addicts or potential gambling addicts who have such statements, the initial cause is because they are too serious in seeing the winnings and opportunities that exist in gambling so they put very high hopes and expectations for things that are actually uncertain and fortunately.

Yes, it is usually the beginners who are prone to making many mistakes and making wrong decisions, it is because they include you in bringing the wrong mindset when you first come to gambling, maybe you think that you will be able to get money very easily just for gambling, but now you know the real facts, and thank goodness if you have realized and corrected all your mistakes. So the point is especially for beginners do not let you bring the wrong mindset in gambling, it is dangerous.

I vote No outrightly.

Gambling is an uncertainty, so no one can ascertain the outcome of this game, That is why losing is inevitable in gambling, I had a very bad experience when I started gambling newly, am Nigerian to be polite, I made stake with few selection, I wouldn't like to mention the amount that I used to stake it, but the amount is big to me and it in naira, my selection looks very encouraging but unfortunately I lost that bet, from day till this moment I stopped using big amount to stake game, I have even stop losing, if I compare my losing to my winning, the lost gamble is more higher than the winning and I think that this is natural because it is never sure even though you win.

Answered no. But I do wish I was part of those who answered yes. Maybe someday I will be.

It's difficult to find luck in casino games with the house edge against you and sometimes it becomes exaggerated and winning becomes impossible especially for original games with high-risk bets as the choice of option to play.
I always play high risk because I want that one hit jackpot but it's too elusive and sometimes when it gives that high multi-win I am deep in my wallet. Like for example I am in 520x loss and it will only give 300x. That's high multi but it won't cover all the losses that I got upon starting to play.
There are times that I feel like it was on the seed that I pick or it is just bad luck that I got ever since I became a VIP.

You can deduce from the poll that not everyone is on the profit side with their gamble habit and that's includes me also as I choose NO. It's moment like this that I tend to succum with the saying that trend the forum about gambling for fun because although we experience these loss, we still tend to gamble sometimes just for the fun that's in it and I do this sometimes when am not knowing or planning for the funds I want to use although it's Been long I fully get involved with my gambling but I know my overall rate are more of loss than profits.

I'm not in profit yet and I'm not in a hurry to get there. I spent so much money when I was overwhelmed by greed, so its going to take some time for me to recover that because my pattern of playing now is small wins and gradual growth. I realized that when I target big wins, I end up in losing streak. So it is better to take it slowly. Gambling is all about what works for you and that is what I'm doing.

I choose "NO".
I gamble always on weekends and have limits too, but I don't play only on one site, I always change gambling sites to play, it's good with the aim just for entertainment so I don't chase the losses I've felt, even though I lose more than I win it doesn't matter because I play just looking for the thrill in exchange for money, gambling is a game that uses money as a medium of exchange, but many people make gambling their main income in their lives, of course this is wrong.

Losing money in a manageable amount for gambling is okay, because I myself already know what the end will be like so I play just looking for the thrill of the thrill, because I don't know what's more interesting than gambling, either I also feel my pleasure is in gambling, even if I lose sometimes upset but that's normal, but if they become gambling as their main income it's a big mistake that will make them miserable in the future. They should play only for entertainment and nothing more, because if they are lucky there will definitely be a win even though it's not much hahaha.
what do you think?

https://bitcointalksearch.org/topic/bitbollo-betting-advice-45-267-13-1-place-tipster-competition-1234109

you can see by yourself my "journey" in crypto gambling during recent years.

Unfortunately, over time I have become "less good", because I don't have enough time to play and study the events I have to follow.

in general the experience is profitable and positive but I believe that the more you play the more you tend to lose. the trick is to understand when it's right time to stop

It is so hard to know since i have been gambling for quite a while but overall i would say i am either even or in a slight negative. I have a feeling i must be in the minority here and the poss shows that aswell, quite a few are in the negative.

It a wrong mindset to perceive gambling to be a profitable act,  because by so doing you are placing yourself on the path to disappointment and more losses,  because gambling should only be taken as a fun activity and not some form of an investment,  so even though you become so lucky to have won several time,  that still doesn't guarantee you to be successful in winning at all time and that mindset can really hurt your feelings when the unexpected loses hit you while gambling so for some level of sanity,  you should avoid gambling with the sole aimed at making profits.

Anyway, I vote on the pull but even at that,  my vote may not reflect the actual reality and may be different from the speculation of others here also.

I am the first YES to vote in the poll. I do not gamble excessively and only risk as little cash as possible which makes it easy for me to break even and get some profits. It does not really matter if I win or lose, I just enjoy placing predictions on sports I love watching.
Note that I calculated this off the top of my head, taking accounts my stakes on the different platforms I use, so it is not an actual answer after calculations.

I will advise not to use a color format to answer as it will make the thread look like a color-book and can be a distraction to readers.

- Jay -

Count me in, I voted for No, as well. It's really hard to image that anyone will be profit if we have been gambling for so long. The probability will be against us. And probably the question is why are people still gambling and making casino owners rich but continuing to play? I guess gambling will be part of the culture or it could be innate to some individuals and then casino's playing with our psychology. So definitely it will be negative for us, but most likely we will continue to gamble, whether for fun and entertainment purposes. We might win some money if we get lucky, but it doesn't come very often. So if we win, then just enjoy it. Maybe buy somethings for you or for your love one and then live to play another day.

I voted for NO.

Obviously, majority is on the losing end, unless we really hit some huge jackpot that might even up our loss. I remember one gambler though, he won a grand jackpot in a casino, however, he said that even though he won, he is still in the negative as he has been gambling since the mid 90's.

So overall, I don't think that someone will be in the positive if you have been playing for so long.

It looks like you forgot to lock your other thread @OP.

I vote NO.
I'm not in a condition that benefits from gambling but strangely, I still like gambling even though I lose. I consider that gambling is a pastime that uses money and I don't mind losing a few dollars gambling.
But if you intend to get big wins and lots of money from gambling, you will likely feel disappointed because gambling is not a place to make money.
You can gamble and have fun and after that, you have to leave the casino before you spend all the money.

Let me be the first to vote, and my vote is "NO." I've already clicked on the poll too.

By the way, I'm a bit confused about the format. Is it green for all the text of my reply when my answer is "YES" and red if "NO"?

I might edit my post later, but just to clarify, my answer is no. I'm not ashamed because, like many others, I believe most of us aren't really profitable in gambling. We're still here because we enjoy it and remain optimistic that one day we'll turn a profit.

I usually bet on sports and they say it's a skilled based game and we can be profitable, but not in my case yet.  

This is a poll for the thread quoted below,

Discussion continues from here, Original thread is locked now.