Bitcoin Forum

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion

Gambling ≠ Profit

I think the more you gamble in a site also affects our victory. and also the price of bitcoin is currently more expensive

Gambling is by design not profitable for the gambler. If you were profitable over a longer period of time it's because you were lucky.

In this cause, I mean we play gambling more and more and in this cause bitcoin price increased. Right?
May be it worked, but i think on one have too much money to play contentiously gambling and you know in gambling most of the chances to loss the amount. Simply I can say that First of all we lose our amount and Secondly, in this way, everyone to be addicted.
So i have a better idea, only buy the bitcoins and hold them in a long time, In this cause, bitcoin price will also be increased.

I don't think that it will effect that maximum number of people will gamble btc will maximize the price of Bitcoin Because the price of Bitcoin depends upon the demand and availability in the market which  disturb when a bulk user making entertainment in Bitcoin world .

You used to get profit from gambling? By how? I dont see any people doing that, and mostly i see losers in gambling scene

And i am not surprised that you are starting to lose by now its its because peopl cannot won in the gambling sits in th long run, and maybe by the time your winning streak occurs your luck by that moment has not being cut off and now you are on what so called unlucky situation thats why you are losing by this time around,

Little advice mate don't be get hook so much on gambling since it can be a little start up for your wrecking situation.

Could you be more specific.This depends on which type of gambling are we talking about if it's dice you're bound to lose all the profit you make at some point in time if you continue playing, if it's sports betting maybe you need to analyze more about that sport or you could try follow some picks. To me it's all about timing once you make profit don't play the next day or so just withdraw your money and  gamble again the next week with a fresh start.

By joining contests held by casino owners.

Wagering  might give additional winnings if completed the more we play the more we can get bonuses but with OP i only play sports betting as for now and i keep limiting my bankroll i know its really harder because favored team only have small odd so one mistake bet will make me lose all other winnings that ive got.

i'm the person who could not able to makes steady profit from gambling because my gambling results will not always be same even i did playing with different games during a gamble and i think even less people who still gambling it would not increase my profit also regarding bitcoin price it is not the main cause why very difficult to win and the main cause it all about the luck

Maybe your time to lose has come, remember the reality in gambling that we do loses in the long run. Maybe you should quit as early as now, your method is not working anymore as not method that works forever.

If you don't mind, may I ask what kind of gambling game you are doing?

I think its because of the btc value now, bussinessman or developers controls their game now due to the lose their company or site might get if you win alot again. Or maybe it already programmed that they allows you to win more before than now. Gambling id not a stable so we cant really tell whats going on.

i don't think the difficult of the gambling games increase but I think you are run out of luck or maybe you need to upgrade or change your strategy or maybe you can try another gambling games, who knows you can earn back your glory by playing different games, but if you still lose then it is the best for you to stop gambling

In games of luck like slots, roulette and dice they are designed against the user so they are a NO NO. On the other side most people used to make money from sports betting in the long run, yet this is becoming more and more difficult not because anything has changed but only because games can be rigged. The latest example is NICE VS BASTIA from LIGUE 1 yesterday.

But don't take my word for it go check the highlights how many bookings were not given to Bastia and this impacts the game in the end. The referee can decide and impact the outcome of a game easily.

There is nothing called luck in "Gambling". They simply bait people to play, make them win at first, so that they can continue gambling, but they won't leave you (or let you leave) before they extort a chunk of money out of you, this how it works plain and simple (you think that casinos don't have some people of their own staff gambling and winning a lot to attract people into gambling? think again!).

 Maybe, Lotteries and contests have some luck, but they have the same basis, you win from others' losses.

I don't think there is any type of relation between your winning/loss with more people gambling or rise in bitcoin price. It purely depends on your luck and also better you only play on sites where you can verify results. Better not to think about earning constant profit monthly just by gambling, this thought can actually make you loss more.

Gambling is a pure luck game. It is just a waste of time and money when you play on it. It is better to save money that earned through services rather than risk it in gambling that has the higher chance of losing.

i believe that you are mistaken because nothing has changed so far and gambling is the same as it was before. unless you are talking about a certain kind of game on a certain website i can not give you any certain answer for sure but maybe the site has changed some stuff like their house edge or maybe they are cheating you if it is one of unpopular sites.

anyways the most possible case is that you are experiencing the unlucky part of gambling after a long lucky streak.

What do you think decides whether a player wins or loses in a game of chance if not luck? Sure, the house generally has an edge over players in casino games, but for the individual player variance (ergo luck) is much more significant.


Any online casinos worth playing at are provably fair, which means that it is impossible for the house to "make them win at first" without players noticing.

How exactly does an online casino force you to play or "extort (…) money out of you"? Casinos offer a service that turns money into entertainment. Reputable ones are forthcoming with their house edge as well, so I don't understand your bitterness.

I think you are just assuming that your strategy will work because in the short run, you manage to make some profit out of it. But dont forget that you always have the house edge against you so you will lose in the long run. So even tho u can profit for the first few times, it is not going to happen all the times and in fact, you will start to loss more than you can ever gain.

I agree that there will be no change in the scipt of the game especially if you are playing in a reputable Online Casino.  What I see here is that , the Law of Average strike you. Meaning your lucky streak will somehow be broken soon.  And as it was explained, your winning streak just changed to losing streak to make it even.

The odds of winning is still the same as before. It looks to be more difficult to make a profit from gambling if you win big at the start but law of average will take place gradually and you will experience losses.
This is why it seems that it is perceived to be more difficult to win compared to the past when you were " lucky ". In reality, nothing has changed and the odds of winning remains the same as before in a provably fair gambling game.

I would take credit to this user lol. Short yet precise, you can easily understand that gambling doesn't meant for profit in the first place. Unless you were the gambling site owner but in fact it is made to entertain people.

I dont think so. Making gambling as a profitable activity is not possible and those winnings do you have on previous gambling you are just lucky on those times which you could able to make profits and earn but it doesnt mean anything and you already think that its already stable. Playing longer runs on gambling will surely make you lose and hardly get profits or gain.You should not treat gambling as a money milking machine.

It's hard to make a profit in gambling I think it's a natural thing. Since it is impossible someone could always get profit in gambling, although it could if lucky but I do not think continuously. If I allowed to give you suggestion, you should change your perspective. Gambling is just a game that could not be used to get profit continuously.
If I allowed to know, what games do you play in gambling?

you have to look for what has changed with your habits. for example did you change the games you were playing or did you change the casino or even did the casino change anything.

and also you should remember that gambling is always based on luck no matter what game or what casino you are choosing it will all come down to whether or not you were lucky in a each bet. if i had to guess i would say you were having a good lucky days in your first couple of days and then your luck ran out.

That's clear, if one is lucky sure he wins even when his strategy is not even a bit close to the prediction made. So with gambling not only the OP, most of the beginners win at the beginning. Its just because of luck, they don't have any idea of making strategies and all. When they start gaining experience the scenario differs causing very little winning and most losses.

Yeah, it's mostly someone who recently felt the advantage in gambling will surely presume that gambling is the most profitable and only perjudianlah that will make their profit, indeed it's thought is true. But keep in the know that gambling is not just a matter of doing the game alone, but also on how we can control ourselves and be able to use strategies in gambling. So gambling not only thinking of victory but had to think about the technical stuff

Technical stuffs might work only for some gambling games but on some its just purely rely on luck and thats why most gamblers do really lose on the longer runs. If someone could able to win some decent amounts the feeling of being pumped is there on which they would really think off that gambling is a profitable game which they could able to make money anytime but in reality all of those winning will be lose back accordingly.

Yes, no matter what increase is with the difficulty in gambling forever it is hard to make a profit with it unless it is already your life then that's fine.

The only way to get profit with gambling is to be consistent with your gambling activity whether you are losing with it but you still stick with it.

And with your question, I usually play dice and sports betting and if I have sometime enough, I play poker.

whatever difficulty is thats its the same gambling and we all know that gambling is hard to make profit from it because luck is always low when it comes on long run and im gambling also and if i play long run with it it makes me lose 18 streaks in dice and thats the worst thing that happened on me.

i think this is what most gamblers experience and it is called beginners luck. you win and have a good time when you are new to gambling and make profit but after a while you feel like you are losing more than ever. but in fact nothing has changed.

when you gamble for long time the fun fades away so what you see is only losses. but in fact if you keep a record of all your wins and losses you can see  that the percentage showing your luck is still the same.

If you made consistent profit with gambling I take my hat off to you, this is not something that many can achieve myself included at most manage only a few wins and then ultimately revert back to a losing streak, I think greed has a lot to do with falling off a winning streak.

Nothing have changed other than there are many bitcoin gambling sites/games you can choose from. Also luck used to matter and still matter much rather than any other thing for your winning.

Gambling = House always wins, so don't take this as way to earn monthly salary.

its really true and we are only get loss in long term, is not because we don't make high bet but no matter we make a bet, finally we only ge loss but its not for all gamblers, because if someone have big luck, then that person can win the big money too. beside we must having a good chance for luck, we can not win the games.

Yep, variance can be a real bitch sometimes a lot of the time. Exercising proper bankroll management for the games and stakes you play will help you survive the bad variance swings.

I think depends on who he is referring to.  It is short yes, precise no, because owner of  Casino  can say "Gambling = Profit".  Sorry but it was stated as general and applies to all, players, readers and Casino owners.


That is what I am saying regarding the post about gambling is not profit :D.  But to be fair, gambling house does not win all the time.  There is a thread here where the investment in certain Casino sites gives negative ROI, this means the house is losing. if not then there is something fishy about it lol.

Actually it was never easy to get profit from gambling it was working well for you which assured you that gambling is easy way to get profit. I never had such unstable results in sports getting as last couple of days results showed me. Gambling is all about chances and luck and doesn't give easy money on long term. This is reality pf gambling through what you are going on now.

I think this is because bookmakers are finding more ways to spin off the customers who win.

It's just that it's not your time to win or your attitude toward winning decline , you must revise your strategy to win and make a thorough research. Not to offend others but putting all your gambling money to dice game will definitely not make you money in the long run. Maybe switch to another game try your luck and learn  from your mistakes.

Unless if you just invest in dice game and i think you can make good profit.. like in betking.. im not yet tested it to invest in betking but it is old gambling site that has investing feature and many reviews that you can actually making good profit we know it is risky but we are seen that many people are making good profit in investing there..

If you are just a gamblers and playing dice provably you will lose if you are gamble as greedy..

i think its normal when we thinking that now its really difficult to increase our profit in gambling because the house will make a new step to prevent getting loss and then bankrupt. beside that, we can not beat the house no matter we've tried and its not just for the bitcoin price which is increase but is because the house make something that will make the house still win all the money from the gamblers. so if you want to increase your chance to make profit from gambling, then maybe you can trying with sports betting because i know there is many people got their winning in that games.

It's probably just variance, dude. Sometimes you get on a hot streak, and sometimes the hot streak can last a while. Eventually, though, variance will catch up with you and you'll just end up losing a lot more. Consistently profiting is not sustainable, you're just regressing back to the mean is all. This happens to every gambler, don't worry.

What are you even trying to say ? You gambled monthly and made profits and now you don't understand why you can't do that anymore ? Are you seriously asking that ?

That is how gambling works. This is a very basic idea and you should already know this, I think you should stop gambling since you going to crash and burn with that sort of logic you are using. The price of bitcoin has nothing to do with how much people gamble.

It was always difficult to make profit when you are playing some gambling game for these purposes. The causes you mentioned have nothing to do with difficulties as more people do gamble or less that will not increase you winning chances. Take gambling as it is the most unsure way of getting something back after putting at stake is called gambling.

Better you search for a job than wasting time gain your profit through gambling, since it designed as game, it's just for fun, luck is the most decisive which you can create your own luck.

More people gambling is not just bitcoin price higher, but the features of gambling itself, nowadays a lot innovative features appeared especially online gambling and when it's combined with bitcoin, people easily deposit/withdrawal their money without complicated providing an identity, also become more easy to use.

Yes, there is no assurance that we will make winnings in gambling but I don't know if there is an increasing difficulty to make winnings with it. Because since then, it is already hard to make some decent winnings with gambling. And it is much better to to called it as winnings because profit is used for investments.

Well, depending on the type of gambling you are doing, like casino, dice etc, vs poker, sportsbetting, etc, I would say that the longer you play on that first type, the more likely you will lose. Maybe that's what happened to you. You are suppose to lose in the long run, so that was variance "catching up" I guess.

That's how gambling works, regardless of the game we play in the long run our chances lowered and we lose money, maybe due to frustration that we cannot still get the winning rate that we wanted and we diverse our technique to the other way which is a shortcut and we no that our only chance to win is to win in the long run then we will be successful. The more we get frustrated the more we are distracted.