The House always wins. - page 7. | Bitcointalksearch.org

danherbias07

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Quote from: Xenophoto on October 30, 2016, 06:49:25 AM

Quote from: freedomgo on October 29, 2016, 08:42:50 AM

The house always wins seems impossible, otherwise we will always lose.

Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.

I think he really havent tried to gamble yet or maybe he did win all the time. Wow! what a lucky man. But try to think out of the box. Try to read people's opinion about this. Many have been broke thanks to gambling specially those websites who had effed out and run away after some profit.

ultrloa

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Quote from: Xenophoto on October 30, 2016, 06:49:25 AM

Quote from: freedomgo on October 29, 2016, 08:42:50 AM

The house always wins seems impossible, otherwise we will always lose.

Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.

They are winning since they have house edge and so by that they can make sure that they will not lose their revenue and still continue to operate aswell as to make theirselves more richer, and also i think the only happy people on gambling is those people who win big or even the jackpot, and the mostly posted on such threads here are just those crying babies who just been lose by their own greeds.

Xenophoto

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Quote from: freedomgo on October 29, 2016, 08:42:50 AM

The house always wins seems impossible, otherwise we will always lose.

Dude, that's exactly what's happening. The house is always winning and we're always losing. See all the posts of these people, all of us have lost money because of gambling. I haven't seen a gambling site where the majority of people are happy because they can easily make money out of gambling. If that's the case, then the gambling site would just go to bankrupt.

The house is supposed to win so the gambling site will not shut down. And the very proof that gambling sites are doing a good work are the people around us saying that they lost money from gambling.

virasisog

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Quote from: freedomgo on October 29, 2016, 08:42:50 AM

Quote from: Red-Apple on October 29, 2016, 08:13:34 AM

Quote from: hua_hui on October 16, 2016, 09:18:13 PM

Not 100% of the time they will win. However due to the house edge, the longer you play, the more likely you will end up losing. So that is why the house edge of dice is only a mere 1% but we end up losing 90% of the time. Some say it is how you manage the bankroll cause when you are profiting, you will carry on playing and soon you will realise that the house edge will come in and you end up losing again.

the house HAS TO win. otherwise they will be bankrupt soon. but it means that house is winning overall and in the long run.
in other words it is still gambling and you can enjoy and get lucky sometimes and win. and even sometimes you can use some strategies that improve your overall results and help you win more.

The house always wins seems impossible, otherwise we will always lose. I do not think that should be the proper word to use, in my time with gambling although I am a big loser, but there are times also that I am lucky and I win.

So, it should be the house wins most of the time.

Such a small issue and rather common sense but what you said is the right term . I am also a gambler but most of the time i lose ofcourse but i played it with control no just to play and play because i know that the gambling house have program that they will win most of the time and it is created for them to earn from the players.

freedomgo

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Quote from: Red-Apple on October 29, 2016, 08:13:34 AM

Quote from: hua_hui on October 16, 2016, 09:18:13 PM

Not 100% of the time they will win. However due to the house edge, the longer you play, the more likely you will end up losing. So that is why the house edge of dice is only a mere 1% but we end up losing 90% of the time. Some say it is how you manage the bankroll cause when you are profiting, you will carry on playing and soon you will realise that the house edge will come in and you end up losing again.

the house HAS TO win. otherwise they will be bankrupt soon. but it means that house is winning overall and in the long run.
in other words it is still gambling and you can enjoy and get lucky sometimes and win. and even sometimes you can use some strategies that improve your overall results and help you win more.

The house always wins seems impossible, otherwise we will always lose. I do not think that should be the proper word to use, in my time with gambling although I am a big loser, but there are times also that I am lucky and I win.

So, it should be the house wins most of the time.

Red-Apple

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Quote from: hua_hui on October 16, 2016, 09:18:13 PM

Not 100% of the time they will win. However due to the house edge, the longer you play, the more likely you will end up losing. So that is why the house edge of dice is only a mere 1% but we end up losing 90% of the time. Some say it is how you manage the bankroll cause when you are profiting, you will carry on playing and soon you will realise that the house edge will come in and you end up losing again.

the house HAS TO win. otherwise they will be bankrupt soon. but it means that house is winning overall and in the long run.
in other words it is still gambling and you can enjoy and get lucky sometimes and win. and even sometimes you can use some strategies that improve your overall results and help you win more.

newcripto

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House always wins and will always be in profit in the end. Gambling is profitable only being house. The winning number of people is very low who really succeed to make money in gambling but vast majority overall is loosing as balanced sheet seeing. That's why even some people win but house isn't effected most of the times.

aranachristianjay

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Quote from: jhenfelipe on September 17, 2016, 12:01:23 AM

Quote from: pooya87 on September 16, 2016, 11:53:08 PM

Quote from: jhenfelipe on September 16, 2016, 07:30:31 PM

Quote from: Nimbulan on September 16, 2016, 06:46:10 PM

Quote from: ethereumhunter on September 14, 2016, 02:06:44 AM

Quote from: crairezx20 on September 11, 2016, 11:25:23 AM

Quote from: ethereumhunter on September 11, 2016, 08:38:22 AM

don't challenge the house because you can not win. the house is make rule, and always win on every games, better you challange other player and maybe you can get win with easy.

Yeah that is the advantage of gambling casino they are putting some house edge.. you will never win even you skilled thats why its always base in your luck.. so if you really want to defeat the house it takes a long time before you can defeat them..

don't take to long time to eat all of your money before you can defeat the house and it would not good for you, as your money will be empty so fast. better to challenge other player, who knows you have the good luck and can win the games.

well it depends on how much risks you will take, if you play with small money and dont risk too much then you will definitely not lose all your money fast, besides that i am pretty sure that house always wins in a really long run no matter what, if you want to beat the house then you should just gamble for a short period of time and get out until you are in profit and never gamble there

Agree with you Nimbulan. This is my point of view. In general (I mean all the players and not a specific person), I do agree that the house always wins in the long run. A specific person can win several times on a site. So let's say that this person is very lucky for a day or several days. Even that person is winning, other people are losing, that's for sure. It's even possible that their losses are greater than that specific person's winnings. So still, the house always wins.

the thing that you should always remember is that people who gamble are usually gambling for a long run. so they all fall under the category of losing and the house can beat everybody because of this simple fact. so even those specific persons who win in a day or several days even, they will continue gambling and end up losing.

Yeah, that's the sad truth. A gambler, especially those who are winning won't stop gambling. They might think that luck is on their side and of course due to that greed they end up losing. That's what happens usually on gamblers and I think self control and putting limits to ourselves can help us avoid losing so much money. Remember that Luck come and go, it's not with you always.

Yes it is making them more fierce to keep on gambling because they are thinking to be lucky on that day. But when their luckiness expired for sure they are going to be confident that they have a lot of funds for keep on gambling but as they are going to keep on losing they are not going to notice that they are losing it and the house is winning again.

Altynbekova

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Most of the times the house wins because the house has the advantage and because of that a better chance of winning and you have the better chance if losing.
That us why it is a fact that most people lose more with gambling then that they win.

bering

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Quote from: Indrawan77 on October 16, 2016, 11:20:05 PM

It is a small chance that we can beat the house, theoritically we can beat the house but our percentage for doing that is smaller than the house, in short term maybe we can earn but for long term i never beat the house

sometimes if we are lucky we could beat the house but unfortunately this is very difficult to do so because casinos online or physical are made to beat the players and the house will not let the players win too much

raaajlucky

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Quote from: buddu on October 17, 2016, 07:41:35 AM

Gambling is where you should relay on small wins and play in short sessions. Your main purposes should be hit and run in gambling. House always wins because many people have very good start but don't stop playing and quit for some short period of time. I absolutely second that playing longer puts house in better position and increased its chances to win and that happens most of the time.

Exactly the players will not control their mind while playing in long run process, So this method will help house owners to make more profit. Our greedy is our main enemy. If we control this in gambling, then we can turn the house edge wins to our edge wins. In gambling we must know when to stop playing, then only we have a chance to make a profit. Otherwise, the house will take this opportunity, and it will win always.

buddu

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Gambling is where you should relay on small wins and play in short sessions. Your main purposes should be hit and run in gambling. House always wins because many people have very good start but don't stop playing and quit for some short period of time. I absolutely second that playing longer puts house in better position and increased its chances to win and that happens most of the time.

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Quote from: shintosai on September 10, 2016, 09:02:17 AM

Quote from: teilwalL05 on September 10, 2016, 08:31:38 AM

Quote from: LFC_Bitcoin on July 04, 2016, 09:09:49 AM

The house will always win overall. If you check a popular casinos bank roll every 12 months it's likely they'll never be at a loss at the end of a calander year.

Lucky people can win though but yes, overall the house will never lose in the long run.

House is always a winner in the end of the day, there are a lot of gamblers out there that enters their house and the house is really lucky because they always earn money in the end, imagine if the house has always 1000 gamblers then they bet big amount but lose then only one person win then in the end house always wins.

because logically say that the house owner did not create charity but gambling house so for sure they will win in any how
as many gamblers always hoping that they can win good profits from the house not knowing that in the long run they are
losing because of the house edge and luck will not favor them anymore,.

I am not saying that gambling house owners force us to bet in their houses. I am saying here that we have are own decisions whether we play gambling or not, we are the ones who decides to ourselves so never blame gambling houses when we lose.

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Quote from: Sponsoredby15 on October 17, 2016, 12:39:39 AM

Quote from: pooya87 on October 17, 2016, 12:24:14 AM

Quote from: Indrawan77 on October 16, 2016, 11:20:05 PM

It is a small chance that we can beat the house, theoritically we can beat the house but our percentage for doing that is smaller than the house, in short term maybe we can earn but for long term i never beat the house

it would be a small chance only if the house edge is huge. but with small house edges like less than 1% you still have a pretty good chance of beating the house.
for example in dice on a 2x multiplier you can beat the house with ~49.5% chance and i wouldn't call 0.5% difference in chance a big difference!

Ha ha. Actually there is no chance to bet the house because we the players are too many to bet in the house gambling site. If someone is a lucky man and going winning every bet he takes the other two or three are on the opposite track of this game so I guess house is given the chance of few then get profit to majority.

Whatever our method is, we are still gonna lose in the end, the house edge is the only thing that makes the house richer or profitable because all gamblers who will stand long in the gambling will fail in the end, just get to remember that we are just gambling for a temporary win.

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Quote from: pooya87 on October 17, 2016, 12:24:14 AM

Quote from: Indrawan77 on October 16, 2016, 11:20:05 PM

It is a small chance that we can beat the house, theoritically we can beat the house but our percentage for doing that is smaller than the house, in short term maybe we can earn but for long term i never beat the house

it would be a small chance only if the house edge is huge. but with small house edges like less than 1% you still have a pretty good chance of beating the house.
for example in dice on a 2x multiplier you can beat the house with ~49.5% chance and i wouldn't call 0.5% difference in chance a big difference!

Ha ha. Actually there is no chance to bet the house because we the players are too many to bet in the house gambling site. If someone is a lucky man and going winning every bet he takes the other two or three are on the opposite track of this game so I guess house is given the chance of few then get profit to majority.

pooya87

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Quote from: Indrawan77 on October 16, 2016, 11:20:05 PM

It is a small chance that we can beat the house, theoritically we can beat the house but our percentage for doing that is smaller than the house, in short term maybe we can earn but for long term i never beat the house

it would be a small chance only if the house edge is huge. but with small house edges like less than 1% you still have a pretty good chance of beating the house.
for example in dice on a 2x multiplier you can beat the house with ~49.5% chance and i wouldn't call 0.5% difference in chance a big difference!

Indrawan77

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It is a small chance that we can beat the house, theoritically we can beat the house but our percentage for doing that is smaller than the house, in short term maybe we can earn but for long term i never beat the house

virasisog

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Ofcourse gambling houses is made that program for them to earn and their other purpose is too make people have fun and enjoy.
But i it depends on what gambling games is supported by that program and some gambling house take only some profits on the winners as i know one of these is sportsbetting although they always win but it have a good chance for the gamblers who put a bet.

Caladonian

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Quote from: hua_hui on October 16, 2016, 09:18:13 PM

Not 100% of the time they will win. However due to the house edge, the longer you play, the more likely you will end up losing. So that is why the house edge of dice is only a mere 1% but we end up losing 90% of the time. Some say it is how you manage the bankroll cause when you are profiting, you will carry on playing and soon you will realise that the house edge will come in and you end up losing again.

that's right knowing when to stop would not allow to win against you, so its not always that house will always wins,
this are the consolation for those who knows the system very well, if you already got some winnings why continue
playing go away and enjoy your winnings.

maku

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Quote from: lorylore on October 16, 2016, 09:26:12 PM

Quote from: maku on October 16, 2016, 09:19:14 PM

Quote from: newIndia on October 14, 2016, 08:26:24 AM

Well house is supposed to win when there is a house edge. But, now there are games with 0% house edge, where players get equal chance to win.

No, not really equal chance of win would be exactly 50/50 win chance. Games with zero House Edge are usually lottery type of games.
Have you seen Dice with zero House Edge? That's right, it is not possible to maintain Dice with no HE. Lottery is different though.

I beg to diff. Even lottery also have no zero house edge. In fact, lottery has one of the higher house edge because people will still keep buying it due to the huge payout. If you calculate, the expected value is still negative and it take around 7 life time of gambling just to have an expected win.

I am talking about recent evolution of lottery concept. I mean by this sites like http://www.bitcoinbetting.website/
It is pretty much a lottery where you are picking number from 0 to 9 and letter from A to F - it seems they can do pretty well with 0% House Edge.

Standard lottery, Keno and lotto are not good at all.

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