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it is very important that you take chances of winning and profit into consideration  once you decide to try your luck.
the other major factor that should be taken care of in the process of choosing the ideal casino in which you will play is the limit of the house .
for example when the currency is tossed into the air you know in advance that the chances of winning or losing are completely fixed at 1:2 or 50%-50%.
the same rules have been applied to gambling games .
in the online casino on the assumption that the roulette wheel has a 37_38 slot and that the standard playing standard for the card games package is 52 cards and that the dice has 6 faces .
in the case of US roulette the home limit is 5.6 which means that for every 100-unit  bet;5.6
blackjack is considered one of the best options ,offering the game with a home edge of only 0.80%.
the edge of the house in some other gambling games in the online casino sites:
baccarat1.17%
bikarat 1.63%
game joe poker 2.5%
by taking the numbers and ratios mentioned above ,we recommend focusing on playing craps ,blackjack and then the game of parkras.
if you are interested in playing a profitable game.

players who merge into the account of all options are quickly tired

There is no 50:50 in gambling games because there is house edge, you cant compare it with real coin toss.


Never heard about these two games before, would you mind to explain more about the games?


Who are we referring to?


There is no profitable games for players, the edge is always on the casino/house side. You cant beat it, unless you are lucky enough to win big then run away.
If there is a profitable game for players, all players are rich already now.


Last but not least, move this topic to gambling discussion board. You put it in the wrong board. Thanks

If you really want to play profitable gambling then yes play a skill base gambling because your winning rate will be determined on how well you play a card game, And another, in my opinion, I really think that Sports Betting can be profitable as well even though the risk is still there, The Odds of winning is high, Well if anyone doesn't have any potential in playing these games then I suggested to not play them if your mindset is all about profit, Because there are still chances of losing big, You should at least have a mindset of playing these games only for fun and that you are only killing time or for enjoyment nothing more than cashing out big money.

he is talking about chance ,you can set your chance to win to 50% and losing to 50% and  that would be a fifty fifty bet
difference is that the payout won't be 1:1 so it would be -EV

regarding HE it's of course better to choose low HE games , but at the end what's the point !! you will still lose even if you are playing 0.001% HE game
best thing is to learn poker if you have passion for gambling , and in case you don't have time to learn the game you can always search for good sportsbetting tipsters that were able to profit in the past and just follow what they play

other than that it makes no sense to play unless you are seeking fun

Just play for fun if you want to have fun, you can't win on long term since it is -$EV (you can win the with the jackpot but it is statistically improbable)

Mathematics,calculations or any formulas are not that helpful when we talk about gambling.Of course this depends on each game but in general you cannot trick and win against the house. You think you are the only one who did this research before and came up with the same idea?No, of course. Dozens of people have tried to beat casinos by using different algorithms but no one has successfully to find a formula that will get them a constant profit. Gambling is a game of luck, and no one can prove its not since no one can be in profit for a long time,unless luck is involved.

The game you have mentioned are very new to me. I am hearing about them for the first time.  Please could you throw more lights on this.

Hence not can be explain even in scientific way. Sure we have some so called strategy but this don't guarantee us to win and sometimes I'll just go with this feeling and gut and roll it. Perhaps if we really want profit then don't be greedy, just have some winnings then call it a day.

Just let your luck deal with it.

For me, i do see mathematics in online gambling less effective. Why? Because most of the gambling sites used a pre-determined system wherein the results are already there. Odds maybe helpful but remember that you can still lose in 1.02x multiplier in 1 bet

I am afraid the luck will not always deal with us hahaha.

Using mathematics, calculations or any formulas can help us to make a strategy but once again, if that game is base on luck, then we cannot do anything except depends on the luck itself and waiting for the luck comes or not. If the luck comes, then we are winning. If it's not, then we are losing the money.

There's no assurance in any events as  you are playing gambling, everything depends on your luck, if that wont show up then you know what will happen next, even you set it that way, shit still can happen and ruin your bet as gambling always accompanied by risk and whatever system you tried without
luck at your side the end results will still the same.

Always gamble with fun and use spare money so no deep regrets after, win or lose as long as you are entertained that's more enough.

Wherever, whenever, whatever gambling games you play the winning chance are. all the same. The purpose of having your own gambling sites is to earn money that is why some countries doesn't legalize gambling games. Winning in gambling is all about luck

I definitely agree that most gamblers would lose and even me play gambling would also be in that 20% players who lose money. Having win huge amount is the same as losing. Add all the money you lose and compare it to the money you use to play and i'm sure it's not the same.

I really don't get what you mean by the OP throws more light on this issue.
I feel you should go through the post again and properly.
Its just like every normal casino games

Every time I play, I have a capital willing to lose it without repentance, and psychologically I have it clear, the good starts at the moment in which instead of losing it a good race begins, it is like finding hope that something has been totally lost, this helps me overcome my game every day, that's why I learned, when I play and I get benefits, I usually go out quickly, maybe the statistics can describe the fact that these events can be mathematical, modeling with algorithms, maybe those windows that the algortimo does not recognize can be exploited. 8)

I disagree with that, mathematics are surely helpful everytime. Did you know that there's a solution to solve any probability in gambling? Also statistics can be applied through standard deviation. Try to study and review all of this factor and I assure you that it helps a lot. Atleast there's a way to know the little probability of winning.

Most of the gamblers today don't have any background on probability and statistics. They just only know how to play the game and how things work, that's a fact. They just hoping to be lucky in every time they're betting in casino.

Your comment makes no sense, games have very different odds and the best ones have a house edge lower than 1%.  It is very helpful to have a basic understanding of math and probability before going into gambling.

Having these odds stacked against you playing these casino games are really depressing and makes one think against even depositing their hard earned cash into any of those casino bankrolls.
This is why I started betting into sports thinking it would not depend on the house edge or anything like this.
But after yesterday it seems sports betting is just as hard to predict the outcome of the games.
Because all the games I bet on were wrong by either 6 points or the player not defeating their opponent when they were only needing to win one more game while they had 4 chances to do so.
Nearly the same amount of chances to win just as the casinos with their house edge.  :-[

Winning game against the house in gambling is the most difficult things in gambling because you cannot depends on your own research or calculation since so many people must have done same calculation and research for the same purpose that brought both of you into gambling.

It is also, odds in winning casino games but what I know is there is actually a strategy to become a profitable player in any gambling.
First things first, you have to always keep the percentage in your wins, and do not bet all you have.
You have to slow it down.

Second, will be the greed, you have to avoid being tilted, choked. You have to focus on winning and disregard your emotions if you are losing. Stay focus.

Ethercrash.io actually offers a house edge between 0 and 1%.
Here is a small explanation of how the bonus system works and how you can overcome the house edge with it: https://pastebin.com/tjxhVcHf
Here is our official bitcointalk thread in case any of you is interested in knowing more about us: https://bitcointalk.org/index.php?topic=5054374.0

here is a graph of what the house expected return looks like for every multiplier

https://i.imgur.com/22iGu91.png

Here is our odds calculator: https://www.ethercrash.io/calculator

I agree that one gotta know the odds, but that is not the only thing to consider. When the odds are around 50/50 (1% house edge is not that important), it does not mean that you will lose the same amount of times that you win. It means that every time there is an almost equal chance that you'll lose or win. But human emotions come into the game, and when you won, you keep playing until you lose, you keep increasing the bet. The odds are important, but even if you play with, say, 80% probability of winning (you can do that on dice websites, for instance), you are still likely to lose in the long run because of relying on low risks, betting too much and continuing to bet, because there's a high probability of winning. So I agree with people who say that gambling should be considered entertainment, not a way to earn money.

This guy doesn't consider the skills of a true player and all about he care is just the luck. Probably this guy didn't play any gambling games for once in his lifetime or too afraid to deal with people in a casino. A pro gambler knows how to spot a weakness and use it to his own advantage to make a profit and that's what we call a skill.

How is the odd of winning in sports betting high?

I mean, every sports betting has the possibility of not winning. Sometimes, greenhorns cause upset and you will be shocked and never sleep that day. I don't believe in your assertion friend.

As far as it is a game, the chances are fivety / fivety, even the coaches know this. Remember, injury can cause a favourable team to lose.

Sorry to say but there is no profitable way to play in the casino in a fair way.

The only possibility to win in the long run is when you cheat in some way. counting cards, systems, playing in a team I don't know never did it by myself only played in casino multiple times and never won in the long run.

Tried all system available and never had luck so please reconsider your tactics.

This is the best thing that anyone can do is just to play for fun and entertainment as they will have a memorable time without thinking much that they have lost etc and moment they play for money everything else will go for toss other than just need to win.

you can beat casino , but math is not on your side
the longer you play , the more chances you have to lose
it is imperative to pick the games with the lowest house edge (HE) possible
blackjack offers the lowest HE among your regular casino games, can get as low as 0.2%
I gamble with 1% HE  maximum, never playing a game that is  1% HE, it makes no sense

A good site would make you aware about the house edge in every game they offer.
I am gambling in one of the casinos in crypto and I would like to show you that they are very transparent on the house edge, it's very visible
and every gambler would know that prior to gambling. Check the photo below.

https://imgbbb.com/images/2019/02/25/stake.png

The odds of winning depends on the house edge but also depends on the max bet as well and what you consider "winning the casino" is. If you want to win 5 bitcoins and already have 5 bitcoins you can just go to a dice game and gamble there on %50 and hope that you win and that would be the end of it, you would get out with 5 bitcoins, beating the casino and 5 bitcoins richer.

Moreover, if you mean beating the casino in a longer more conman type way there is mathematically no way you can do that. Luck needs to be on your side for a loooong time and you need to know when to get out. There is no way you keep on winning all the time, there will be some losses no matter what you do because that is the way games are designed. Do not focus on the profits or losses tough because gambling suppose to be fun not profitable. If you have fun more than you spent than you are winning.

Many people do not really understand this that gambling is to be playing for fun of it and not as a means of livelihood as many of the gamblers think it to be.  The gambling  industry is going to great and what you invest is what put funds in your pocket.

There's nothing else but enjoyment unless you are willing to suffer your savings, there's some who can manage to win more than they lose
as they have the skills and the right mindset to overcome emotions and take the high risk knowing the good rewards behind.

But all in all, gambling is a game of luck and nothing can change that.

That's exactly the mindset that every single fellow gambler should have, in no way you risk more than you're willing to lose, you're gambling because it gives you adrenaline rush and it feels good and that's it, You don't/can't live on it...

My wife only gamble because he feels that gambling relieves her stress and tiredness from doing daily house chores  . i believe on it and i support her decision to play  . there's no problem if all the people and gamblers play this way but sadly its not  . most of them still play because they are aiming for the possible profit that they can get  . they think they  can easily double up their money but thier expectations failed them  .

Good husband, your wife is into entertainment and gambling is really entertaining and I guess he is not anymore focus on the odds of winning.
Those who are into full entertainment just rely on their luck, regardless of the odds of the game.

Most of them, no doubt about it, that's why we have more losers compared to winners, and that is why casinos are so profitable.

Higher risks have higher prices also and its in the decretion of the gambler whether what game does he wanted to play. If he wanted that 50:50 ratio like tossed coin, then the winning price is obviously low that he should be gambling more. While on the other hand,if he won that higher risk, he can go home already.

Chill bro ;D. Anyway, I agree to you that you should have at least a basic knowledge about the math behind every gambling games because that helps a lot. You can put these things into your consideration which helps you to decide whether it is right to engage or not.

For example, Slot machines, roulettes and dices offers you a small chance of winning due to wide variety of choices. If you will do some permutatations, there are 216 possible outcomes assuming that there are four dices (6^4) rolled in the table. Imagine that?

no . we dont need to be a mathematician before we engage on gambling because you can still win even if you are not knowledgeable enough  . most gamblers that i know are only regular people but they sometimes won and sometimes they go home busted   . see ? gambling is all about luck  .  odds of winning the casino is no difference than odds on other types of gambling games but i see that alot of people prefer playing casino based games  .

Many people understand of that risk and they want to overcome it by keep on playing and risk their luck to get what we called profit but because of the house edge and their greediness they are losing faster than they know. But it does not mean you are going to keep pn losing by challenging theor odds. With some luck, you will hit something, it just matter of time

What's up with this calculation thing? You don't need to be a mathematician to win in a game like dice. All you need is luck to won in this kind of game. It's not about how good you are in math. What matter is luck and right timing. If it's your lucky session then you got it, as simple as that.

Indeed. There are already sorts of researches showing how can a certain person can win into a gamblinh but still no one can even win with those strategies even if it includes mathematics in terms of probability because chances of winning the game do chances as the game goes on. So, the mathematical calculations to solve it does not only get into a one solution but a lot of long and complicated solution because it is a game of chances. Maybe some of those who have researched just understand how does the game goes by so they have kept in mind on how they can play in a long time and the winning will be dependent on how luck runs on them. Winning casino games can only be possible if you understand the game rules, show wise thinking analogy and of course the presence of luck as usual is important. That is why whenever I am into playing in an  online casino (https://to.crwd.cr/smtm) I am currently into, I am not really testing my luck because I tend to enjoy the variety of games plus their welcome bonus for doing my first deposit and not pressuring myself to win so I can enjoy the game all throughout because if it is really for you, it will come because of luck.

Just to add some excitement on the game but eventually we will realize that this does not work, but we are enjoying calculating things out.


This is a pure luck based game, as long as the house edge is present, we can never win.
However, there are gamblers who are really lucky, although most gamblers loses but they can win big and they can enjoy it when they stop on time.

You're right with your statement in terms of no certain mathematical strategy can be use to win the house because formulas which the house used are unable to be figure out. But I want you know to know that understand the game rules is not only casino game because it all work for all gambling aspect and no gambler can win any bet if he don't understand the game rules.

Indeed. Even gambling is an application of mathematical probability, still it makes no use doing such calculations to solve up on how you can momentarily win the game. It is still in need to have luck running into your side to be able to win into this game of chances. Plus knowing how the game is being executed as well as doing in game strategies will be a great help cause for me it attracts luck to come over making you win. Is it true that there is a welcome bonus for just doing a first deposit into that online casino you were saying? Sounds interesting.

Well, you are wrong here my friend. You have to have good command over numbers if you want to be prominent at gambling. This is something you just cannot deny. Dice is both a game of luck and a calculation and strategic approach of the player.

You cannot predict the probability that luck will come to rescue you ate the game. Strategies do matter. Do you know about the theory of gambling?

Gambling is not adopt for any strategies are any type of calculation that you are putting because it is more than that when you are come to gambling you need to put an effort in the concentration otherwise the positive and negative will be created by only the gambling we can do anything against that and we need to see more of entertainment purpose.

Strategic and calculation? This doesn't fit out with Dice and other similar luck based games unless if you are dealing with Card games like poker then this
thing would be applicable.I agree that most of the time with Dice, luck does matter and it doesn't need any analysis nor strategy yet you can click out that roll button with having
the default settings of 2x payout with 49% chance odds.  ;D

There are games that need some calculation though but before you've ever done anything the house already know what you are doing. So it is not good to use it all the time because they sometimes call it cheating at the house. There are games too that does not require calculation and counting and is just base on pure luck just like dice games.

There are players who have some strategy for casino and i think they have more chances to get more profit then users who play only without any strategy and without any limit of money.

Odds of winning the gambling is low but still one may win any day. This uncertainly is also interesting as no one knows when they will win and when they will lose. It is purely based on luck of individual.




If you keep on playing gambling , eventually one day the luck will be kind on you and who knows that one day we can be millionaire by gambling.

I don't think it's a 50-50 chance to win in a casino because there should always be a house edge over the gamblers. In this scenario, you should expect that there would be time that you will always win and time that losses are inevitable.

If they have a working strategy, then they will be profitable, simple as that.
However, casino's would not be profitable if they are losing, gambling industry is one of the most profitable industry in the business world.
So, you cannot deny the reality that they have a higher odds of winning compared to us.

Well it is a good quality to be a mathematician. And being good with numbers gives you an edge over other gamblers. I think that it is important to be able to preclude what could happen next. Probability and calculation helps you devise a strategy. You just cannot always rely on luck. Getting an output in the dice throw is a random concept but what could you actually do with that output depends on the way you preclude.

Odds of winning casinos will be low with the gamblers in comparison to the gambling house. The scripts will be developed in such a way to profit the house. Here some on random betting get increased number of wins on total counts. But when the amount earned through the same is calculated it'll be less.

It's because they think that they can really win if they used their 'brain' to try to overcome the odds, but we all know that math or even physics (specially in roulette) can beat the house.

Yes it based on luck, so if you play and win in a dice game, you don't need to stay that long, otherwise, the house will catch up on you, or lady luck will simply vanished, so get out while you are still on the greens.

It doesn't take you to be a mathematician to win but thinking as a mathematician will make you realize that no matter the great amount of luck you may have, in the long term you will never beat the house edge which every casino has.

Therefore the odds of winning against the casino are 0 to minimal.

Strategy that TravelMug explain, maybe best strategy ever in gambling especially with luck like dice game. Even with best setting i think house still can win because they have higher chance to take all our money. When you think it is enough, maybe take a rest or just withdraw your money.

Lulled by the preoccupation of playing and the tendency to seek as much profit as possible is something that will usually sedate gamblers to spend their time at the casino. They will continue to play while there is still money in their pockets and will usually stop when there is nothing left to stake. A well-planned plan and the ability to control oneself are things that should be in every gambler minds to avoid bad results that will disrupt their lives.

But I guess that will not always happen because if that person has big luck in the games, he can beat the person who has the best strategy because that person doesn't have luck. I already saw this in the past and in that time, I only think that no matter how good the strategy we use, if we don't have luck then we are a screw up and will lose the money.

Luck is the second name of uncertainty. You can never be certain of winning at gambling if you do not think like a mathematician and if you are playing without strategy. A by-chance win is a very random event and can happen with anyone and calling it LUCK will not be bad because luck is a random thing. It will not rescue you every day.

Hence, thinking and coming up with strategies is very much important one if you look for winning at gambling and that too is not always certain but far better than the one who look for luck all the time. Odds for winning at gambling is there at less than 50% possibilities due to house edge still we gamble with affordable bankroll so that winning or losing will not be a big concern at the end of the day.

Simply, we never need to bother about the odds of winning while gambling as it is beyond our control.

So, why should we gamble ?
Because, to relax after your day long regular job.

Now the second question will be, to relax I have thousands of other entertaining resources, why should I choose gambling ?
You may choose any entertaining thing to relax yourself but I guess no other things may have a bonus system like how gambling is rewarding. Yes, only gambling is having such a surprising bonus/rewarding thing at random manner while you are relaxing.

The core problem among gambler is, they are all expecting such rewards on their each and every round and attempt but practically that will not be possible for any house to keep rewarding us. Because, gambling is a just a entertaining thing and not a rewarding system. Moreover, houses are not minting money on their own hence imagining it as a source of easy money must be a complete madness.

So if you dont mind can you tell us what about the game Bikarat and Game Joe poker?just this that i heard of these games

But for me?if you want to play then enjoy it,mind nothing about the losing because atleast you enjoy the company of gamblers and the ambiance of casinos,or in online the chance of happiness is indeed lol

Remember that you are gambling with really money and I don't think you will do that to relaze because funds are involved.  We should tell ourselves the truth and we do gamble in other to take advantage of the loss of house and enrich ourselves.

If people think from a practical point of view than things would be different as they would realize that winning is never easy from the gambling and losing is just way too quick than we think. So ideal way is to play for entertainment and have fun.

Some people gamble just for the sake of it though. It's not about the prize or the profit to be made but just the moment of being on a table and getting themselves pumped up for the next roll. The odds are for excitement and the result is just a bonus fot such people. I've observed this a lot when i watch from the sidelines whenever i'm in real casino. The losers seem to be having a lot of fun as well.

Those with strategy actually have better chance, even though I am aware that luck on the other hand plays a great role but you can just imagine one who has much strategy and maybe luck decides to shine on him, but even with luck, strategy is much more required because luck will not work without strategy.

Well, they probably work hand in hand, to have better chances of winning in the game, both luck and strategy is required. Casinos are there just to encourage us to keep gambling and when there will be zero chances for winning means, gamblers may never turn back to casinos. But, we must need to crack the code for winning.

Well said. Gambling is not easy to win but too easy to lose  ;)

There is so much attraction in gambling that even the odds of winnings are very low in gambling, yet people do not quit gambling and keep on playing it again and again.

casinos are designed to earn money. no doubt about that.
strategy and luck really go hand in hand but still the odds of winning is sometimes hard to chase in gambling
so better set aside an extra money for this and not use your retirement fund or savings. you will regret for sure when you lost it all.

We should all know this reality, every gambler is facing the risk and most likely we will loss in the long run due to the house edge.



We can only say we are good if we are consistent, sometimes we go lucky so we will win but if we don't have the skills, we will still loss.
By simply monitoring or recording our activity in gambling, we will know if we are profitable or not, that if we are serious with gambling and we look for success. Most of us don't record, we just play, hope and win, and because we don't record, we will not know if we are consistent or not.

The reasons why casino is keep on winning lies in the house edge, so our winning chance is always lower than the house, all of the game have been design to give more advantage to the casino, but that doesn't mean we can't win, in short term we can have a better possibility of winning, for long term we will always lose, but there are some games that got high house edge and low house edge, choose a correct game will increase the winning chance

Different casinos will be having different scripts, upon the same it is not at all possible to crack the code and win. To some extent one can understand the gameplay and set a strategy. However we make strategies the luck is a big deciding factor for our winning with casinos. With sports betting I believe strategies and  being informative about the teams and players associated with the event gives the maximum winning probability than luck factors.

I don't think there is a 50-50 chance of winning in a casino. As what I have observed, there is always a house edge where in the house has a higher chance of winning. So I stand that playing at a casino should be done as past time and not for profit because is would never be profitable.

It's hard to say for 50-50, maybe it's 30-70 for the casino because they will have a bigger chance always to win. But if the luck comes to us, then the percentage of the chance for us will become bigger because we have a chance to win the game.

For most people, gambling in the casino cannot give them a profit, but for the lucky person, they can make a profit from the game. But the truth is the chance will bigger to the casino than the player itself. But for playing the card will not easy as it needs skills to beat the other player.

If you are goal oriented person and you control emotions inside the gambling house, chances to make your strategy to work for you would be good, but if you can't kill greediness surely things will just ruined your stay, never ever think to use your savings as gambling always been a high risk activities, you can't rely with your luck even you are using good strategy, shit can happen and it's unavoidable.

Many people don’t see it this way because if they do, they would have been trying their luck with an amount they can afford to easily lose.

Many people even believe that strategies can be used in playing the game forgetting the fact that it is strictly a game of luck and I really doubt if there are any strategies that can be used, most of these ones putting some strategies online are just finding a way to set trap for the user by encouraging them with the free strategy tips they display online. If we look at most people that have successfully won in this game go there for fun or to just try their luck with little money.

Though there are not that much strategies, there are strategies though that one can use in any gambling game. But these tackle mostly how you handle your money and emotions. You can't just blindly throw bets without considering the amount of capital you have and the time you're going to spend. These things should be thought of and planned.

Not a pure luck game my friend. If you Google about what reality of casinos, you would come to know about the hidden facts that will shock you.

I read many articles and I came to know how the machines are engineered in a way designed to make you loose your money. The chance of wining at the casino and in gambling is our probability and random outputs. Occasionally there could be luck rescuing you but the probability of luck rescuing you is never determined.

Being aware into those casino exploits about into their machines but only a few had been bust up and we don't know if most of them do works or having those machines the same
that's why I'm not really trusting too much on playing with it yet it can be rigged up anytime which we do even know that the odds is always against us but something rigged would make
even more worst.

With that being said, playing in a casino should not ever be treated as income-generating hobby. We don't know what is really going on within their system even the reputable ones. So spend money wisely, which means spend what you can afford to lose. So even if the system is rigged or something, you very well know that money is not coming back when you play. No heavy heart afterwards, right?

However, still a lot of gamblers will taking their chances to win and they'll absolutely enjoying their time in casino.  We know it's not all about of winning but it's gonna be a way to gather friends and enjoyment.

Now,  if we are aiming to make money better not to be in gambling cause we know hiw often to be losing in here.

Playing gambling is all about chances and luck, that is why there are people who started to lose a huge amount of money in gambling because they are not in luck. I really believe that applying mathematics will not help you to win in gambling because gambling is all about luck and chances, that is why you should be really good at predicting things. And also, there are no people who became extremely rich in just playing gambling because the only people who can be rich in gambling is the dealer and the owner of a certain casino. Anyways, i am also playing in a crypto casino (https://vegascasino.io/casino/video-slots/durian-dynamite?utm_source=ccdd) that has hundreds casino games that you could actually play and enjoy like poker, baccarat, blackjack, roulette, and slots. They also offer great bonuses and live casino with dealers that will give you high-quality gambling experience. Lastly, you should be really playing gambling for entertainment and for fun not to aim good money for you to have regrets and losing a lot of money.

I am sorry to say, your kind of mentality is what makes many lose in gambling because they do it without preparation and with the assumption that gambling does all about luck not know that whatever that requires profit also requires effort. If you are determined to win in gambling, then be prepared to go through the learning stages, it takes a lot to win in gambling and it’s a game that require skills.

There are actually people who got rich from gambling and I know a few of them just that it’s  rare and you are right that the site owners make more but then, what do we really expect? An employer would always be richer than their an employee.

Still I am not thinking that it is thw strategy will help one to earn profit in playing gambling. But, of course it do have a higher chance that goals will be achieved.

Yet, it is still the luck that matter and I have known some of my friends that are really lucky by always winning on their bets. I was kind envy for that friend for I do not know how did he always win in betting. He is always lucky all the time and to which it help him earn profit and buy something out of the luck. I just wish I that I will be always lucky like.him.

When our reason to play gambling is because of gathering with friends and enjoyment, we can have fun and playing gambling without any feeling. We can forget about the loss and the win because we only want to enjoy our time with our friends and talk with playing some games. That will help us to feel happy and sometimes we can spend a lot of time with time and maybe we don't gamble as much as usual.

This was the reality, gambling is not a thing that gives you continuous flow of profit. It is ultimately driven by luck and no one can hack the house. There is no 50:50 chance indeed, the house has its edge that is why it was still earning whatever happens. That is why this just for fun and a thing that should free us from stress and not give us stress.

Yeah, takes a lot of losses to finally get a win. ;D

You only know a few people out there who've gotten rich through gambling because you need luck to win. It's not like you level up and the more experience you get, the better your results will be. The only way your results could change in time is if you either become addicted or you get rid of the addiction.

The only effort you need when playing out your money is financial effort.. I don't believe anyone out here is like "oh God, I have to click that damn button again.." when they're in a casino. It's specifically made not to need any effort to win money.

In terms of chance of winning, there is 50:50, meaning to say, your chance of winning is 1:2. And this could be publicly verified if the site is using a provably fair algorithm. I don't doubt about it. But then the house will still have its edge on the prize. There is always a reason for the house to earn. We need to remember that casinos are business establishments. They are built not just to give fun and a chance to make money to their customers but also, and most of all, to make money. That is why if you prefer to play a game with an almost fair playing field, choose those games with the lowest house edge.

Despite of everything you mentioned here, people still play gambling because they want to win. Their loss in gambling does not let them quit the gambling but they continue to play gamble. Few of them play for the fun but majority of the gamblers gamble to win money.

In short, the casino or the bookie themselves, are those who win most of the times and they are the ones who are benefited the most from it.

I agree, it's really depends to player if they follow the advice of their fellow players. Most gambler  do what ever it takes even they lose huge money because they chase to become winner which cause them to addiction, even they win they won't stop until they lose again. Also those gambler have intention to get more money they don't do it for fun but doing for hobby to get rich.

In short, such gamblers are driven by the urge of becoming rich over the night and they are the ones who pursue it for pure monetary causes. Such gamblers are the ones who really need counseling before they end up on roads. Such players are the ones who shall only gamble for a limited time and limited bets.

Strategy may work in the cards game where experience and skills does count. But something like dice games, slot machines games etc I think more or less those are luck-based games and if someone just play to always win or make money may end up being sad as chances of losing is higher than winnings. Also, casinos owner wants to make money for himself so odds would always be in his favours than others.

You may win sometimes or lose other times in gambling but you cannot be sure if you will end up in a win. However, the gambling casino always win. They may lose some but overall they will remain in profit. Making money from gambling is good by individual gambler but he should keep in the mind that he can face a loss too.

So you think people are dumb?

Most of us are not only fully aware that gambling is about losing money, not winning it, but we have also tried it out for ourselves and know it from our personal experiences. To continue gambling with the hope of winning back what has been lost during so many years is bordering on outright insane

Personally, I don't think that the majority of the gamblers are insane. This leads us to the logical conclusion that gambling for most players is more about the process rather than the outcome. It is the thrill and excitement of the game that drives people roll again and again. Money lost or won is only an inducement

For me, considering or not, odds are still odds, it can't really be measured by percentage or data because, gambling means taking big risk and engaging in a wheel of fortune environment in which your only weapon is your wits, luck, and self-control. Knowing when and where to gamble or waiting for the right time and the right game is also important as it gives you a higher chance to not lose a huge amount of money from gambling. In every risk, gamblers should set aside their emotional part and solely rely on their wisdom and experience as a gambler because, emotions aren't permanent and it would only hinder a gambler to think thoroughly for their every move and decisions.

I totally agree odds in casino it will always be part in any gambling games, so the best we can do is used our skill, strategy and luck.  Although luck plays a big factor in any aspect when playing gambling it is also the reason why many players are more interested because they want to grab the opportunity from it. Skills and luck as both needed in this game, so you need to improve yourself as well.

This is one reason why I feel like games where the platform enables player vs player bets is the best for winning money in long term for example a friend of mine is too good at poker and usually leaves the table with profit so being consistent with such games can help you mature and help you win in long term.

Apart from these I feel game of skill is the future of gambling industry because you may love to showcase your skills in games like Pubg and CounterStrike and many others like League of Legends. I sometimes feel like the current gambling market is not going to stay long enough if they somehow don't integrate the player vs player skill games.

Odds are just computed for exact amount of variables that is where you can find the odds of playing on which case by the casino there are continous odds after continous playing so it means it is really immesureable. For the players, the edge of winning is based on their skills in particular gambling like table games that requires critical thinking and a bit of luck that is where you can find your odds. And if fate is siding by you then congrats  ;)

Actually OP wanted to share the house edge involved with various kind of games and it is fair to say that the game with the least edge is expected to have the highest winning chance for the gambler and hence I see why most of the gamblers prefer dice over sports betting and other kinds of games.

I don't want to but I have to agree that some people are more lucky as compared to others and even the law of averages does not apply to them :-[.

I am one of the sports betting fan and feel that it has the best chance to win despite the big house edge because we can analyse data and it's much easier to find why to pick a team/player and why not to.

I think the odds of winning the casino is 0.  Have anyone of us heard of a casino that gives their establishment as a reward in their gambling games?  (just playing around the title.  ;D

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Honestly, I do not care much about the odds since it only gives me a headache analyzing this kind of stuff, and eventually spoil the fun intended to play on that casino.   Maybe for the serious player who loves to see statistics will find this analysis of OP to be useful but I really do not know if it is really accurate or not.  But in this game of chance, nothing is certain because the result is random and even with a 50% chance it does not mean that we win every other roll.

Sportsbetting is more accurate instead of other betting platforms of casino like slot games. Your skills of analysis will be more enhanced compared with other lucky betting bets. The most important aspect to have is knowing your best pick of the game in order to come up with a potential set play to catch the wins.

I would certainly agree with that as sports betting is a game where you can use your skills if you want to be successful in the long run.
There's different type of games but as long as there is a house edge, never expect that you'll win in the long run and most of us would certainly loss as we don't want to stop easily, we like to gamble as long as we can trying to find that strategy to win consistently, but it will never happen with luck based games.

skill and knowledge mate with experiences as well because it will take a long time for us before we can really understand every team and players.
yeah sometimes contentment is killing us in gambling,or the greed that comes to our mind everytime we are in winning stage,

Of course, you won't be successful without those.. Skills is very important and that already comprises your experience in game as you develop your skills through your experience.

This again part of your skills, if you have the skills you will not become greedy because you make sure you are always in control all the time.

depends on what gambling are you talking about,but if you are in SportsBetting?i think strategy and knowledge always matter to make us wins.
are you sure?your friends always winning?then why not bet with them everytime so you might take home some money also?this is rare situation if you are telling the truth here.

I already read a thread related to this thread but anyway, it is really important that you know what gambling sites you are going to play, you should choose those gambling sites that you have more chance to win the game, there are a lot of games which you can have more chance to win the game, just like what you have said, but the thing about those gambling sites or real casino with high chance of winning the game have low prize compared to others, well that is the nature of every gambling, the owner of the gambling sites or the casino meant that thing for them to earn more than those winners of the game

For me it is better to chance to play games with low prize because at least you will earn from that, and if you are continuous playing it, then your money will increase more.

Here is the link that is related to that thread:
https://bitcointalk.org/index.php?topic=5227731.0

there are couple of games on your list that i don't even heard,can you please state from which country those games from?

i am Asian and we already have so many Gambling originated in our country .

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but yeah i agree that the Odds is very important for each gamblers because this will determine their chances of bringing money Home.
this stands for not a total gambler because only relying in Luck to win and does not care if he will have or not important thing is they are enjoying the game.

One have to talk about probability here .
In simpler terms , if you are playing a game in the casino where you are rolling a dice and you have placed your bets on one number .

The odds will be 1/6 .  16.6% .

If you are playing a more complicated game , let's take 2 dices . It will be , 1/6*1/6

1/12 - 8.3% .

The more complex the game is the harder it is to win , with cards you have to use computation and one can easily calculate your odds of winning which are not very good :') .

You need luck man 😂 , either luck or you need an amazing computational mind ( which in most casinos is banned ) .

Maths+ casinos never mix.

Your calculations are really nice once in a while. It would definitely come in handy when I decided to try my luck in online casino for the first time ;D Fortunately I've chosen to play in 7bitcasino (https://7bitcasino.com) so the risks were minimal. Btw I wouldn't certainly agree that all depends on the luck. Of course, there're some people that are more lucky than others  but that doesn't mean your skills don't matter at all...

Sports betting is one of the few gambling games in which you can beat the house despite the house edge that is playing against you, but that is only possible if you are an expert on a particular sport and you are able to detect the games which have the best odds and you use money management principles to keep your losses as small as possible so eventually your edge can show up on your results and you begin to earn money, but as you can see it is not easy at all and it is why very few people are successful at sport betting despite all of their efforts.

Wrong, sports betting has no house edge, you can pick the odds and increase it so you'll not going to pay for the commission they usually take from the winning bet. If you notice, most standard odds are around 1.85 to 1.90, that's because they take 10% to 15% commission, but if you'll take 200% up, you'll never gonna pay any if you win.

I like the way you calculate to win the casino, it looks promising. But don't be too optimistic beforehand, because the casino owner
must have realized that there must be some people who are trying to break up the casino formula he has. Therefore almost we certainly
likely always fail to defeat the house. Although successful it will certainly not last long.

The casino owner will not care if someone is able to win in his casino as long as the player is not using some form of cheating.The casino owner is assured from the house edge that in the long run the casino will come out as a winning business for him.For example if the casino has an house edge of 3% for every 100 Eur played the casino in the long run will keep 3 Eur which is profitable.

I want also to point out the most dangerous games with the lowest possibility to win are slot machines.I have played daily this month and I can assure you of this.

Any games that would give you big winning has a high house edge, sometimes people got attracted to the winning without realizing their chances of winning. The odds always defends on the certain kind of game you will play and whatever games it is, there's always a house edge if you are betting against the house.

The reality of gambling, however, is more complicated than that

It would be as simple as you think it is if the casino's profits were set in stone (like 3 euro per 100 wagered or so). But in real life, it is far from that. Variance which players have to deal with can play really weird tricks on a casino too. Let's not forget that there are deep pockets out there, who can easily stake more than a particular casino can cope with

And if these pockets are lucky, they can ruin the casino in a plenty legitimate way, i.e. without cheating. Many a casino went bust in the past due to poor bankroll management (what I'm talking about here). The takeaway is that this business is not a piece of cake as so many people erroneously assume 

That is the reason behind slots' popularity, it is a double-edged sword. The high multiplier bet games have different house edge mechanics but the slots have the lowest probability of winning if you compare the Blakcjack or roulette with slot's payout rates minus house edge. One big win alert means the random chain of won Jackpot has been reset for the new target, there are movies about the complicated cheating methods of slot machines too.

You might be knowing there are some noobs who think playing on a casino means making money either due to some false perception or someone told them to sign up using their affiliate link and said so and they believe it blindly. So its not uncommon to get people into wasting their money by showing them winnings. Thats also why casinos post about big wins in their social media channels but would not talk about big losses, you can understand it. Fact is that one needs to evaluate the fact that both sides are possible in any game :D

The chances that the casino can lose are lower than the player but considering that the casino was been winning more frequently the average bet will lead to an accumulation of money thus a single loss in a hundred big wins for the casino is not something to be bothered about. Thats the edge the house has over the players.

This is so true, and this is the reason they own the casinos because at the end of the day they have to make profits and not do charity and some of them may be able to at times win it which is really good thing. But sometime things will change and if continue to gamble with big money people may lose it and this could be worst for those who have either got addicted to gambling by now or continue to still gamble inspite of several loses.

In the end every hand is for itself, or every throw, or every spin, depending on the game you play! And for each bet on anything you choose your odds! You can't separate winning from losing in gambling, both plays important role, watching for long streaks of winning or loosing is important, you need to adjust your bets after long streaks! If you wish to be profitable in the end of the day you need to catch the right moment for aggressive play, when you rise your bets and odds, and win can bring you back what you lost and add some cherry on the top.
In long run casino wins, we can't compete with their bankroll, so once in a while take a break, change a game or casino.

Unfortunately, the chances of beating casinos are near zero, even if you are the luckiest person in the casino, hitting a 1000x bankroll win chance is not possible. Einstein has explained it well: "The only way to beat roulette is to steal money when the croupier isn't looking". Aggressive, progressive, conservative money management rules are forms of controlling your bankroll, it has no effect over winning/losing odds.

I can see you are not a gambler, aggressive or conservative has effect over your win/losing odds, simply it's basic in gambling, if you bet 1 at odd 2 you will win 1, if you play aggressive and you make higher bet on higher odds you will win more, or lose more. As I said, catching the right moment is essential, and who gambles catch that moment from time to time and make money! If you play conservative with low odds you can win a lot of money, but you can't lose a lot either. Bottom line is what you do and how you do it will have effects on your bankroll, and winning/losing odds.
I said the same, chances of beating casino are low, but from time to time if you are lucky and you catch your moment with your gambling style you will win some nice amount that will cover everything you lost, and maybe put you in some profit. Happened to me to win over 1 btc with 0.05 (more or less starting bankroll).

I'm not sure if this distinction is correct

I'm not sure that higher odds (i.e. lower multipliers, or payouts) stand for a more aggressive approach, while lower odds for a more conservative one. As it seems to me, we can't actually draw such a distinction here (aggressive or conservative) when we refer to odds on their own. Personally, I would consider a more aggressive strategy the one which involves a higher percentage of your balance that you stake at each roll. Conversely, if you go small, that should be considered a more conservative strategy

Casino is one of the best gambling games that a person will definite play. It is probably the most popular game to all gamblers because of the idea of winning a good shot of profits. Casino games for me isn't a stable game because it always depend on the numbers of players and it's winnings of each player. But some of the casino are actuay aim to earn profits by their players. And they actually have a goal in doing this business. Not just to give entertainment to players.

The odds of winning in casino games is 50-50 chance and always depends on you strategy and idea on how to handle your earnings and losses. You will need to provide a lot of time in playing in casino in order to get a enough profit. You must learn everything in order for you to win.

Sorry for misunderstanding, higher odds = higher multipliers and payouts, along with higher bets you have really aggressive play. I don't even use that word conservative, I took it from "seleme", I thought it will be easier for me to express myself! Sorry because I made a bit of confusion, you gave a nice explanation what is aggressive and what is "conservative" strategy, it's what I wanted to say.
Anyway my point is if you wish to win big you need to play aggressive in some moments! Of course everything depends on the game you choose to play, and only aggressive play will melt down your bankroll, only passive play will not bring some huge win, you need to mix that, and if you catch right moments you will make profit, if not you will lose a lot of money!

In dice higher odds, i.e. higher win chances, stand for lower multipliers, i.e. the amount received on a win (payout)

But enough nitpicking as this is not my point altogether. The heart of the matter, or point at stake if you please, is that no matter how high or low your payout, multiplier, or odds might be, over the course of your gambling life it all eventually comes down to the house edge (and whether you can live with it)

So we can't really say that we are betting more aggressively with higher multipliers than with lower ones, at least not if we make thousands and thousands of rolls. By extension, that basically means that it is the percentage of our balance at stake which is what defines the aggressiveness, or lack thereof, of the utilized strategy (aka risk exposure)