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So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

That is the reason why people should make a distance in gambling. You see, people tends to choose the path to least resistance, a path that is more easier and more efficient for people. Gambling is a way to earn easy money, yes it is easy to earn but the probability of you winning is low. That is the reason a lot of people are losing than winning. Instead of pushing their limits to other things they are putting it on gambling, I don't know what is the difference of gambling and focusing on your job? I think gambling is just way more easier to do than their jobs.

Gambling can really be more profitable but of course nobody knows how long you can hold on that profit as the greed will take you in the long run.

That game is very tricky and really an addicting game, that you will just win by pure of luck and no need for you to study. If you don’t know how to control yourself, then expect to lose more money. Its better to enjoy the carnival, than to make serious playing on that place.

If you are addicted to gambling or play for money then mostly you would end up losing your money rather than winning it. This is what people generally play for to make money and in the long term might be on losing side. Instead if people play for fun you might win and move away taking your winning amount as you would not become greedy to make more money or recover your past losses if any.

Happy Realization?  ;D

That's why they call it gambling? Someone wins every round that you lose so technically casino is not the only one that is winning, there is always a winner on the same table going by your game. It's a different case if there are not enough players to bet on the game.

This is how the gambling used to be,that is why gambling is one of the most addictive activity.

If you are doing gambling for easy money then you can't make it,just do it for fun only if you win then feel proud that you are very lucky or just leave it and move on with your real life.

Im familiar with that game and this is usually be found on a carnival or to places where fiestas is happening and you will really be fascinated with that 4x of your bet but
if you do really try to look the odds then you are really aware that you do only have 20% chance to win and with common sense you now whose the one do have the edge.
Gambling do have a sole purpose of entertainment not on money making thing, so you should not really bother at all as long you do enjoy it.

I do not truly understand how can this game you described be profitable to the local gambling place in your city, because if there is only five different colors in the game, if a gambler pick any of the five colors and strike it, he will receive a profit of x4 times for his winnings.

The calculation will goes in this way - If a gambler decides to place $10 USD on one color, he will win $40 USD if the color he pick strikes on the final result, and his initial betting amount is $10 USD + $40 USD profits = $50 USD returned to him.

This game does have only 5 colors as per described by the OP, so basically this game have no house edge advantage for the casino? If a player does place his bets on three different colors before a game starts, his winning chances would be 60%, and I do not understand why would a casino design a game without the house edge advantage in the first place, as both sides are simply relying on luck as the main factor to decide who would be the winner in the long run.

Only 1 people can win over 100 people that gamble at same time , that's why gambling is risky things.
That 1 people are taking money from those 99 losers based on gambling system ( in common analogy )

Yes, you can win but the chance is less than 49,9% so are you ready to gamble ?

So, you are a millionaire now because of playing in the gambling house, you just mentioned ? Quite good in what sense ? In look and feel ? I wonder on what level of saving you are talking about. As far as I have experienced no house will let you leave out with some money left with you as your your brain will fade away. You may have some money left if you are smart enough to quit right after a winning. But, no gamblers are ready to stop trying their luck until bankroll allows.

But in most cases that only one gambler is also the house not a common gambler. Anyone may win in gambling but that cannot be a money but some entertainment.

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Being a frequent gambler, I just want to answer OP : Any gambler can win entertaining moments in gambling always. Make sure why you gamble and why gambling is existing, when there will be a controversy on this then you cannot win anyway.

Every gambling game has an advantage towards the casino owner or the game master, knowing that it's impossible to predict the outcome and the chances of doing the bet, multiplying it by two (martingale) make it suspicious and might kick you out, it's really impossible. I have played something similar to that, and it's entertaining. I have tried it, and people around me also is having fun. The fact that it's possible to martingale it, it could help you increase the chances, but the owner knows that and stops you.

Nobody wins in it, but the chance of winning it in a one-time big-time thing is absolutely amazing. It's just like winning the lottery. It's not only merely easy to win but the fact that you could win make it more interesting. If you continue your habit in gambling, in the end, you would really lose a lot of money.

It's not always about the money, you have a experience that you will remember for the rest of your life that you enjoy especially if you gamble with friends.

Even the house can lose if a whale places a few large bets that he gets lucky on.  That is why casinos always try to keep the whales playing after they win.  The only way to break a casino is a small amount of very large bets, the casino will always win in the long run.

It's true that the owners has a better chance, just so you know that gambling is a big industry and business and people behind it won't just giveaway their money with smaller chances. Of course most of the time, the favor will be on them. If ever there are people who have been winning in gambling, they are totally lucky and probably gambling is the life they choice. AFAIK, I already played with this game before, I think I hooked up to this game for a month.

I'm sure that the OP is not a gambler per se, maybe a recreational gambler that's why he was really amaze on how easy the color game is, but he quickly realised that its a no win situation. As for smart gamblers, obviously we know that the odds are not in our favour, but still we can win if we get lucky and then go home and never come back on that game again.

High risks, high rewards. Like any investment

You can still have some fun along the way, even if you lose (at least ) lol.

Best thing is too keep just a small part of your portfolio for gambling, because you may have amaziung gains (or loses)

It's really just the entertainment value that makes gambling worth anything in the end. Long-term you should not expect any significant profit and you'll actually lose money because of the house edge built into most casinos (which can be rather high on certain online crypto casinos), but like Goldleader said, some sites have slightly better odds for you to win than others. In the end, I personally pick the casinos that have the best games that I enjoy, or I bet on esports matches and watch them as I value entertainment over anything else in gambling, though it's indeed satisfying when I rake in a temporary profit from a good roll or a good pick.

However, you are promoting a dice gambling website in your signature hehehe.

I reckon gambling is ok as long as you know your limits. It is entertainment. But there are some talented gamblers who know what they are doing. If you however do not have the talent or the brains for it, do not try to be like them.

Well there is a chance winning in gambling, if you play for short term than you can win some, the most important things in gambling is know when to stop, there are numerous of stories where people won a lot of money from gambling, so its not correct to stated that no gambler ever won, only the greedy gambler that never won

That's a bad advice.
Even if you stop - for how long will you stop? For 1 week, 1 month, 1 year?

You see ... unless you don't gamble at all - gambling is a bad proposition ... so your advice "know when to stop" is a bad advice. And it has been proven to be a bad advice throughout history.

The OP is right, the players never win, it's only the house that constantly wins.

Correction, SOME gamblers do win. Bigtime. It's just a matter of luck really. As far as consistent winning i doubt there's such a thing but a lucky lottery ticket is very real man.

I have experienced losses on the first round of gambling itself, I mean to say the probability of winning in gambling even in short-term is not a guaranteed one even you know when to stop and how to control your gambling thirst. You may win some entertainment but definitely not some money.

I agree there are many successful stories but that were instants but definitely not an example for other gamblers to repeat similar to that. Yes, even we may win millions from gambling but only when our luck is favors us on that particular day. There will be no meaning on keep playing gambling just for the reason of finding out a lucky day as it may happen once in lifetime or once in hundred years.

Yes this is gambling, we cannot experience victory in full. Gambling is a business, and surely the owner will get a profit. And the profit gained is from the defeat of the gamblers. If we play gambling, even though we always win, the defeat percentage is greater, so that overall we suffer losses. This is natural because if the gambler plays and always wins, the owner will certainly suffer losses, and this will not be possible. So we must realize that there is no victory that is entirely at gambling.

Those kind of games are dangerous as almost everyone can be hooked up to them easily. However the fact that you know that you have only 20% chance to win should have kept you away. Even in casinos where they say they only have less than 2% house edge is difficult to win, imagine in a game where you only have 20% chance to win.As much as I like gambling I will never play in a gambling game where my chances are only 20%.

What ever the House edge be and what ever the chances of winning be, in the end you will lose all your investment in gambling, As it can only produce winning for short term when you start to play in long you will start to lose in any way. So it is better that if you have knowledge in Sports betting then you can bet their as winning bet profit let it be small but it is sure that you will win.

If you read the OP carefully, you can see that the house can't win anything in the long run in that particular game because there is no house edge in that game as @Barcode_ has pointed out. But that would be so, if they weren't cheating from the very beginning (which was most likely the case). If you go to a land based casino which is not a well-known one, you should expect to be cheated, because that's how they make money for ages. Well known casinos, on the other hand, don't cheat but make their profits from the house edge.

On several occasions there are times when we can get win in gambling. And the final result will certainly be determined by each individual. Will he continue to use his winning money to gamble or will he withdraw it. If we cannot take advantage of the luck that comes very rarely, then the final results that we find will certainly be bad and not in line with expectations.

Do you consider color game a gamble? Because for me it is not, and I just bet on it for leisure and not minding about the loss coz it's just a penny. Anyway, color game is winnable if you can manage your bets properly.

Sometimes it can be quite difficult to win money in sports betting too even if the gambler does tons of research on the match he wanted to bet on, a bad referee decision made in a match could cause big and famous teams to lose a game to much weaker teams at the final whistle, and thus sports betting can still be quite unpredictable on the final result.

I think those kind of games that make you feel that you are winning and easy to understand are the ones that are definitely dangerous. As you said, people get hooked easily just because they think they are already winning. It's pretty low to consider that you have only 20% chance of winning, only the people who consider the mathematical consideration makes a smart decision not to continue, but for other people who just try to gamble, they don't think that way.

It's best, in my opinion, to stay away from luck games. It's not easy to control, but with skill-based games, then it's more entertaining to do and definitely one of the more sure ways to win in gambling.

In my experience, those "several occasions" are not happening for all the gamblers. Yes, I do face losses only that too happen at first attempt itself not after a win. I tried sports betting also. But, no differences.

People get so much carried away in gambling that inspite of winning the amount they think they want more and never satisfied with the winning. Thus they continue to gamble and if luck changes they lose the money and then regret of not withdrawing it. Hope people will change this behavior which will help them only.

Well, if you look carefully you will find people spending their money in a way or another. Gambling, clubs (sometimes subscribing in gym without going more than once), shopping stupid stuff... and they will keep doing it. The particularity of gambling is that if you abuse it, you will be broke for sure. You should know when to join and when to stop.

Yes but thats the strategy. Some place bets on three colors to increase chances of winning. But only few people do this. Some just bets on one to avoid losing more if the winning color doesnt fit to their three choices. This is the deal. If one puts $10 on the first color, even the banker quadruple their bets, the four other color has higher bets that can fill the winning color plus having an excess. There are also times that there are no bets in the winning color. So thats a jackpot.

LEt me correct the choices,and it was 6 different colors that gives you a chance to make your bet double or even triple.or maybe i played different game in my local community,butbi tend to disagree on your title because i remmber when i was in grade school,i use to beat the bankers and take all the money from the bank ,thats a clear example of winning from gambling and what you are saying is depend on the gamblers attitude,because i know some people that knows how to limi their self whenever they are playing

I am sure that there is a gambler who can win in gambling and I believe they can earn much money because they have luck at that moment. We don't know when the luck comes because luck can happen to any people who deserve and this makes people continue playing the games. They still playing gambling because of they hope that in one day, the luck will come to them so people can win the game, but they don't know that it's hard to know when the luck will appear.

It's very hard to win in so called "color game" dude, even me got a hard time earning from it. I always play it during fiestas since I was a child but what always  happens is that I'm eiither ending up with no profits or the worst is money loss (but not too huge). Well, that's gamble — there is no assurance of winning.

If you think color game is hard to play then what more for the game where you throw coins and should be placed inside the box in order to win prizes based to its number and color. I always win a glass or a bowl sometimes on that game ;D

I wonder why we still go to local gambling places that will spend more of your money on transportation etc. The world has developed with technology and many online gambling have many bonus offers with their promotions. So with the availability of online gambling that we easily access, then I don't think we need to spend money at a local gambling place which of course will spend more of our money, we realize the house always wins and if we already know our low level of victory why are you still playing? If that happens to me then I will not play it.

Looks like we are playing on the same place.  :)
Well, that's true its really a losing game actually not only if you know how to save profit and control yourself you can win but we all know that its hard to do that most especially in this kind of situation.

We can win in gambling of course, but you must have much control to yourself and great attitude towards that goal. Gambling is really not good for long term, and if you continue to depend on gambling you will be place in a not so nice place in the future.

It is very difficult to win in gambling. Some months ago I decided to give a try to the service called Premiumtipping here in bitcointalk. I started well by winning the 3 first bets, those people always did 3 games or 4 with odds 1.15 to 1.25 and I thought this was end of my financial problems so was very happy.... for the moment.

Soon after they start losing bets a lot and I woke up from my imaginary dream that with gambling you can win. You can't in reality so nothing to do about it, the smart people are those who don't play at all or only play on occasions like Champions League.

Controlling yourself and great attitude may help you to prevent losses but definitely will not help you to win in gambling. Gambling is not good neither for long term nor short term. It is only good for spending your time in exciting way, nothing more. Do not expect anything in return for the money you are spending for the gambling then you can make the most out of gambling. That may be considered as the winning moment in gambling.

When you are gamble in "don't care" mode, you may start enjoying your gambling activities. This will lead to some big excitements. This must be the actual benefits we could enjoy with gambling and we may term this as winning in gambling. Now, it is possible for anyone to win in gambling in this way.

Some of this game have their own tricks and you gotta have to find out what is their tricks. It is just a matter of observation and not falling under into their traps. You should think like the owner on how they run their tricks and how to get away with it without someone noticing. It is like you are doing some magic tricks to someone and you know how to misdirect their attention so you can pull off your tricks swiftly.

The chance of winning in color game is very small, and its too obvious that you will just lose more money if you continue to play that game. Of course, the owner of that carnival will not there to lose big money its build to make money. Gambling is not profitable at all, we should accept that fact and minimize your gambling activities to prevent you from being addict on that.

You forget the definition of 'gambling', the definition of gambling is to stakes some money with what you choose and hope what you choose is correct if the guess you choose is correct then you will get a reward according to the money you spend and otherwise if you lose then the money you put does not return to your lap.

I guess most gambling places do not need a complicated strategy, you just need to know about the rule after that between winning and not depending on the luck that will come to you. However, the most important thing in gambling is managing the money you will spend, usually everyone has the opportunity to make a profit, but the main problem is money management. Your psychic must really function properly, must know when you are still sitting gambling and have to go from your seat.

Yes.Even if you have gained profits at the time of your betting,it does not mean that you will gain all the way.Because if you do,it's not gambling anymore.Remember that gambling is just between winning and losing.And the essence of gambling is more on entertainment rather than giving us profits all the time.But i really believe that once you are already addicted in gambling,it will not be good for you anymore.

If you're trying to make some money through casinos, there are casinos out there that do allow you to invest in their bankrolls, and you can make some pretty good money there in the medium to long term, though there is risk involved in holding your coins on a site. There's also no guarantee the site will make a profit as a whale can easily wipe you out, though in the long-term the house edge ensures the site is making a profit. I recall there were threads in this subforum regarding casino investments a week or two back.

That is why gambling is called as risky,so if we want the money to make we need to invest on any type of investments the gambling is not a way to make money.

But if you want to win from gambling for sure you can own that gambling place where you can make the most benefits from all people's losses.

That's the thing you should put in mind if you want to enjoy gambling.
That way, you'll not become greedy and you know how to limit your bets, you will change your expectation in gambling and you'll be matured
enough to accepted defeat. Being matured is to think that spending in gambling is a way to get entertain.

I believe matured people will not be struggling with gambling and finding themselves frustrated for not winning. They may gamble but will not blame like 'nobody wins in gambling'. Only those people who are not understanding why gambling is existing and how to make use of it for busting our boredom and mental tensions, do blame like that. Yes, we must gamble to enjoy and when we are having that kind of mindset, there will be no chances for any gambling problems at all.

Some people are sharing like they can win in gambling if they do stop at right times. It means if they gamble for short period of time, they may leave the gambling with some profits. But, we need to understand that gambling always tackle us emotionally and psychologically so that you will never find any stopping until we will lose all our bankroll.

In short, gambling is a mind game, you may win if luck is in your side.

Gambling is like that we can't win in long term,even few bets can be in our side so we have to get advantage of it and leave the game with earned money,when we are looking for more money you will lose everything.Best lesson for your friends it may save their money when they are in casinos.

Long term gambling is really not good, I met a lot of gamblers and most of them said that I should not try to gamble because I will become addict. Well, for me this will depend on how you control yourself, any games in gambling can be profitable but you must know how to stop gambling so you can enjoy your profit without thinking for your loss. Some people finds their luck in gambling, but very few of them are able to sustain that money on their hands so its too risky to depend on gambling.

i have personally witnessed families being broken because of gambling addiction.  only one person that i know can control herself from gambling.. once she loses $100 then she stops.  most of them end up not just losing money but more so their loved ones.

I don't think that anyone can "deserve" the luck in gambling. I may be wrong, but it appears to me that there is no correlation between moral qualities of an individual and his/her performance in gambling. I even think that such misconception can lead to gambling addiction, so we should be very cautious with such thoughts. To get read of them maybe try to think this way: there is no such thing as "bad" or "good" numbers, they are just numbers popping up in random manner regardless of whether it's good or bad for you personally.

Addiction can make things messy and continue to lose, lucky only at certain times and feeling addicted makes it broken become unlucky. It's a risk of gambling, if we really have too high desire to gamble, be ready will continue to feel addicted and not aware of experiencing many loses.

There is one way to win though!

Invest in a casino.
Tons of casinos (including YoloDice) allow you to invest to get a part of the bankroll. Once it's done you no longer are on the losing side, you're almost guaranteed to win ;)

Gambling is very risky for everyone including the pro gambler and you know you cannot win in gambling except you have luck. I agree nobody can win in gambling in a day long because the luck will not happen in many times and luck will only come to you in one or two times, so you need to realize.

With gambling lot have won big, at the same time lot have lost big and ruined their living standard. People win in gambling, but the same cannot be expected to continue for long term. To learn and to be a pro gambler one needs to loss big experimenting, only then it is possible to win in gambling. On the whole when calculated the loss of a gambler will be higher than that of his earnings from gambling.

Gambler depends on their luck so I don’t think they will win more if they continue to gamble even if they lose much money already. In gambling the early you exit the casinos or any gambling site, the more chance of securing profit. If you don’t find any luck on gambling, stop it and look for other investment opportunities or better to invest on a gambling sites.

The owner of the stall have consider that game as a source of income so he have to make way that he have a higher percentage that at the end of the night he has something to bring to his family. While on your side you are betting against the other costumers and some of them bet only for leisure and not minding that in the process they already lose money.

You can bet any amount you want and if you bet penny then it's obvious that you are there for leisure but there are some also that come to that place to win substantial amount of money. Bottom line is, that game is gambling and if you are lucky you can win even if you will not manage well your betting.

Not all gambling are luck dependent because there are few that is skill based .  like for example in card game such as poker and on video game based gambling such as dota , cs go  or even in sports type of games  . they are highly winnable if you are good at choosing the pro teams .


But what if your luck goes thru the roof and you cant stop winning ? Do you think its a good idea to quit early ? No right ? 


If you dont find luck in gambling then dont ever treat it as as a serious job or a source of income .  better treat it only as a past time to enjoy your self  .   

and , investing in gambling sites or invesing on any other things are still considered a gamble because you wont know if you will won or loose

This is the exact point of gambling. And for this way, the best thing that people need to do when they gamble is to not risk the money that they need for their living.

Statistically speaking, the best shot that anyone should take when gambling is to bet only once. Accumulate the amount you want to bet and play it for once.

The probability to win with this technique is higher than playing over and over again. Remember, that casinos give you bonuses for playing. Have you ever considered why? ;) When you play a lot, odds are with the casino.

I don't want to go deeper with calculations. There is a lot of material to read and study for anyone who is interested in learning how casinos make profits!

20% chance ? well its not fair . if the prize its huge its oke . back to user again to decide .
but any gambling tough its always promising something good right ? its about mind to be wise or just do it as desire.

Look at the % odds for most national lotteries.   You are more likely to meet aliens then win the grand prize :D      But thats still fair enough possibly as they spend some on administration in collecting and advertising and the entry fee is tiny most of the time which makes it highly accessible

Sometimes in terms of pay offs, the best wins come to those entering with the largest amounts and risking that large ticket prize.   Many view high capitalism like this, the very richest getting 50% or even 100% returns on their ownership in just a few years.    All depends, pays to know your maths and relative risk parameters to compare everything

That is if there are real Aliens that are roaming within our civilisation or something. I think having the probability of being struck by lightning is higher compared to meeting aliens. Spooky lol.

That’s true in my opinion, having the larger amount of bet could make you have higher risk but higher reward as well. I think that is what is happening with the rich becoming richer and the poor becoming poorer. It’s not applicable to everyone but that is happening.

Nobody does, but the owner of the gambling machine does.

Well, just like what they say about casinos " the house always win". Gambling is supposed to be just for fun and what you will get as profit is just a plus. But, it turns out to be out of control, coz it seems like most people turned gambling into living.

Thats the point, as long as you have luck then you can profit from gambling. but the question is, can luck survive in the long run? maybe or not? if possible, you can continue to profit. but if you don't, you will suffer losses, but will you depend on luck to get money dude?

Absolutely not, because the fact that you rely on luck that makes you loss over time.
You should be relying on your skills in order to survive this game, if you win in the long run, that's the proof that you are a successful gambler.

That's the equivalent of a coin toss that makes you win 0.80 EUR if you guess right, and lose 1.00 EUR if you guess wrong. Clearly not worth it, that's a 20% margin on the odds by the house. Just stay away.

Like you said, many are ignorants and addicted, they don't think too much and try their luck. Best way to gamble is to make sure you can beat the odds, or at least get lucky (lottery, jackpot).

At the end of the day it should remain fun. Addiction can be very dangerous.

It's wrong that nobody wining on gambling, as per your example you bet on color at the same time others choose another color so eventually someone have won. But bad for you that you are on loss. Same way everywhere, some one wining that's why people's are playing gamble. But it's true that most of people's in loss. But they can't leave gambling due to greedy nature. And if someone start gambling and it's became like addiction then it's very difficult for him to leave gamble. If some one just play sometimes for hobby or time pass it's different case. But mist of loser think they can recover their capital. In a result they are loasing more.

Yes, luck will come and go and we cannot do anything about that. In this way there will be no differences if you gamble a full day or few hours. We need to understand that gambling is just a game of uncertainty and randomization hence we cannot expect only one result all the times.

Results will vary every day and we need to accept that and need to move on. If you get frustration on your unexpected results then that will lead to psychological problems.

if we spend more time on gambling then we can definitely last over money it is the learning things I got from gambling because gambling gives you the profit in the starting stage but when the game moving you will definitely last your profit and your money always go to down.

That is not true why I tell that? my reason is gambler while playing and got win once or twist didn't satisfied after all of that the ending is got with nothing all money are losing because of not set greed control as gambler.

I don't think too because they don't have any chance to see the luck will stay on their side. People gamble their money in a random game just because they think that they can win some cash.
They seem to forget to remind that in the gambling game, they must have luck so they can win. But some people really know about this, and they can leave the game without a look back to the game, and they only said, it's not my day to win that money.


In my opinion, the luck will not survive in the long run, I've seen my neighbors playing dice on one gambling site, and I look at her closely in every round.
Yes, she can win some litecoin, but in the next 3 cycles, she loses half of her winning, so she stops for a while as my suggestion and continue after 3 hours, but the result was the same as before and she decides to quit.
But I don't know with the other people, and maybe they have great luck stay behind them.

Nobody really win in gambling and these are comments from loosers.  I have come across several people that makes money from the gambling.  Remember that many people has also testifying here on how much they have make from gambling.  If you loose today that did not mean the gambling companies has not make some loses also.

You are right, there are winners out there and most of them are not regular gamblers  and so many tend to conclude that gambling isn't profitable when they see the regular guys loose day-in and day-out. There are pure lucky guys out there who have made fortunes in Las Vegas and they are in business right now and not sitting at the casinos every now and then to try to win more.

There are few experienced gamblers who know how to win and how to react in case of loss. They know how to invest in a single gambling game and what to do with profit and seed money in case of win and how to play safely in case of loss.  
Those who are new in gambling, don't know any of these skills and they tend to lose more than winning.

Experience and gambling are two different worlds and you do not believe into myths. I mean to say there is no experienced gamblers are existing. With respect to gambling, each and every gamblers are novice gamblers, No EXCEPTIONS. If growing as an experienced gambler is possible then most of the gambling houses would have been bankrupted by this time. Just note, how many people are gambling here for years if everyone is turning as an experienced gambler then what will happen to gambling houses ?

That is true. As per I have already stated everyone is new in to gambling at every time and that is the reason we are all losing and rarely we do win in gambling. Still, the winning amount is not bigger than what we are losing so we do chase our losses and then losing again and again.

I don't think that those who are new in gambling always lose. I happened to believe with the term "Beginners Luck," and I have seen it with my own eyes. I also have experienced it also. The ways you are not expecting is when it will happen. It did to me.

Anyways, I think everytime we gamble, we lose most of the time, just because of the house advantage. The idea that you said, the chase with the losses, that's most of the time with people who lost in gambling. They cannot move on, ignore the past, and continue to gamble without any emotions. I guess that adds to the reasons why people, we, still bet.

This kind of thread is the reason why I started this topic an hour ago > https://bitcointalk.org/index.php?topic=5091461.0
:)
It's all about money management, self discipline, you will need luck to win but it is definitely possible. It is just up to you not to get addicted, play for fun, pray for some luck. And yes you can win.

If you person spend little time in gambling then he will be definitely profitable if a person use gambling as full time earning then he cannot make profit because the coming profit will always be lost when you spend lot of time in gambling that's why they having food time is not considered as a job so we cannot involved in gambling is always better for us.

It's not about the time spent, but it depends on your skills.
If you can make money consistently in gambling then definitely you'll spend more time to increase your profit.
That's my understanding, because in my case, I don't make money so I don't spend a lot of time just to minimize my loses.

That is the real gamblers who have no right discipline to their selves and control when they won or loss. But if someone who is a smart gambler that in any of his win he keep it and when loss comes he leaves gambling. If the psychology of gambling will have no one would ever win or leave winning then no one would ever try their luck on it. Generally your thoughts is right for many gamblers but there are too few of them who have won on it.

There is no difference between a "real" or "false" gambler. They are all gamblers and are all trying to put their money into play everyday to make some money. Whether they are able to manage their bankroll is another issue. Those who can do it may have a better chance at surviving longer. Its not anyway increase your odds whatsoever.

The fact that too few people win gambling is dependent on many reasons. Bankroll management is one thing but abstienece from gambling is important. Taking a hiatus to make up your losses by working hard and not gambling should also be a point of focus for all gamblers.

I agree on what akram143 said .  that less time spend can equals to more winnings because it did happen to me  .  i notice that i loose more oftenly if i play more frequent , that why i only play moderately to ensure that i can controll my losses    . but i also agree on you because luck can sometimes  differ from person to person  .  if you feel that you are lucky today , then better if you can play more gambling so that you can win alot   .

If you will once, be happy with your winnings and walk away, no matter if you won $10 or $1000. The moment we start thinking of turning that $10 into $20 or the $1000 into $2000 or more is the moment we will likely give back our earnings to the house.
Some people dont have the inner strength to walk away though. 

If no one was winning in gambling, then we could not have so many casino and online gambling sites running. People come to gambling because there are people who are winning in gambling. At times we won and that's the reason gambling is increasing day by day. Obviously people share their success stores and due to this more people are attracted towards gambling.

I agree.There are really people who luckily win in gambling just like some are losing too.Gambling is as simple as that.While others tend to win back all their losses,some are gaining huge profits too.But let us always face the fact that in gambling,chances of winning is very small.So gamble only with your extra money so as not to lose much if ever.

I think what OP meant is no one is winning in the long run, or overall, gamblers are not the winner.

I don't think they come because they keep winning, they come because they are challenge by gambling, and the fact that they are challenge, I assume that they do loss most of the time, they make new strategy and try if it will work, but like every gambler, we are just gonna loss sooner or later.

True that there are lucky moments, but eventually we still loss going forward.

That's how it works, we should be honest to ourselves, don't only look on our winning but also our loses, I'm sure if we track our record, it will tell the truth.

Well what does it means that in the end money is lost by the gambler irrespective due to greed or any other reasons and this money is made by the owners of casinos . So basically people are giving gifts away free money to others inspite of knowing that in gambling chances of losing is high

Not many people can be able to win in gambling but we can see some people getting millions of dollars from single bets.So if you think gambling is a way of making money then you need to change your mind and just play simply to test your luck,if you win then its your day. :D

What do you mean by "once"? Is it once per day, once per month or once in a lifetime? If you mean that in order to improve your chances you should make just one bet in one day, which most likely is what you mean, than you are wrong because the probability of losing/winning is the same, regardless of whether you make 365 bets in one hour or you make them in one year making one bet per day. I'm not trying to say that making many bets in one day is a good idea, I'm just saying that there is no difference between infrequent and frequent betting in terms of probability.

Lucks indeed the changing factors, that's why even in a small chances of winning many people still buy lottery tickets hoping that they can be millionaire in just one lucky blast, who knows when will luck tails us, but in a serious position around this matter, gambling should be treated as a source of entertainment and not an actual source like doing your day job, you won't win each time you play so better to change that attitude and avoid being to engage with this activity.

I do know a lot of people that get themselves a lot of money out of gambling but I don't think that is just their single bet. Some of them risk their money on the lottery multiple times and they stopped when they got the jackpot. That is the strategy though, if you win, you stop. Though it dont really work out in reality, it will be best if you can do it.

Please do not go with wrong example. Lottery must be a worst form of gambling because thousands of other people are losing and only one is making use of those money along with house. I am sure no one will be stopping after winning a big jackpot hence this cannot be a strategy. Even some gamblers are deciding to stop their gambling after a win, they are not successful with their decisions for long time.

Many people are thinking like stopping at right time is the easiest tactics to make profits from gambling but you cannot stop and even you will be stopping there will be no guarantee that you will never resume. It means your defeat is just delayed but it will be happening at any time in your life as there will be no guarantee that you will not resume ever in your life time.

Most of the people can't do that because that is our human nature. Who knows maybe in the next bet we may win 10 times of the previous winning so we have to except what we are making from the gambling that's it.

Well, first of all we all know that gambling is a high risk, high reward game so if you will gamble, make sure that you know the risk you are facing. In that game you played, yeah its true that it has a low chance of winning but it will make your money x4.

In my observation, you can win in gambling if you know when to go out if you are winning already. If you lose your money, don't get any money again and get the money you lost. Self - control is the key for me in order to win in gambling.

During gambling i'm sure people already had to experience won but often too they're lost and this is the fact how gambling works although we're expect the best results from it but obviously it depend on our luck and for me the problem is from what side people considering gambling that if there is people considering gambling for entertainment purposse then there is no difference between lost and won because usually these kind of person only gambling to satisfied their hobbies not for earn money

I think everytime a person hears about gambling it's automatically put in their head that it's addicting and full of losses of money. I know that it's possible to make money, like you said, multiplied by four. I doubt that you can get it immediately there because the first time you gamble, it would be hard to do, especially without a strategy.

That's true in a big way. People should be satisfied with what they have already. I think that's the problem, getting greedy and wants more. I think people are like that always, not everybody but it's nature in us.

People do it for money,so they cares when the loss but when they won they will get greed and looking for more money and then lose.

People doing it for purpose of entertainment are very less since people in this world never get satisfied with huge amount of money too.So they look for easy big money earnings then gambling is one of them.

OP must be referring to this Color Game in the PERYAHAN :)


This is very common and famous on our country and this is a very fun game because of the prizes,... People may not be able to win any time but this is just a pure luck as I think but some people says it has a cheat or trick on how you'll get those colors correctly picked.

And to correct the subject, there will be always a winner because if there isn't, nobody will play the game. nobody will make a gamble anymore. But the fact that some luck may be used to win, that's why there are so many people who wants to try this kind of games.

Not true my friend, I know a lot of gamblers who actually took the advantage of gaining extra profit just by gambling, it is facts and its just the matter of putting luck in the games that you play, it is hard and once you get addicted to it you cannot stop until you had no more money, but I don't think that all gamblers will lose, some gamblers find this just a source of entertainment but for some gamblers they  need to make profit and have set their goals over the casino.

The problem is that those gamblers could be counted using one hand in this community. Barely everyone win something try to win the double, and everyone losing try to win in the next game which end up by huge losses for all of them.
Knowing when to stop is important but few people listen to their minds not their emotion!

I am agree with your opinion: Mindset matters! Emotions will not let gamblers to apply rules stated in "gambling ideas". If odds are not in your favor it isn't good idea to continue with illusions appeared  by environmental conditions.  Risk management is key, this is especially true in roulette,blackjack. House always wins no matter how good gambler is.That is the main reason why gambling industry is known like one of few business types that grows with minimal risks.

I don't play the game OP mentioned but I disagree that no one can win in gambling. It mostly depends on how well you manage your bankroll and which games you bet on. People who always lose put too much in a single bet or doesn't know when it's time to stop. Joining on contests and promotions that are +EV on the games & rounds sub board can easily help you win in gambling.

Looks like there could be a trick or pattern to it since the cubes only have a short path to roll on still a luck based game.

I've watched several videos about this game, and it looks like it is pretty popular in the Philippines. It is played mostly in open markets and in the crowded streets, and I never saw big money involved, but rather pocket-money. If you ask me, I would never play such a game because it looks very suspicious, and also, as some posters above have pointed out, there is no house edge in this game, so I guess cheating is embedded in it, or, otherwise, how it can be profitable to the organizers?

Yes its very popular and you can see at least 5 tables for this kind of game alone in most of the perya. I’m also wondering how they can earn big profit through this, but I’m confident that there’s no cheat on this. Looking at the collectors table, it looks like they earn more from the small money of every player.

In my country also, this kind of games are very popular but as far as I have experienced I'm sure they are all cheating. They do use dice for deciding the winner and winning amount. When counting the dice numbers they are cheating or they know how to shuffle and how to get their own preferred set of numbers so that they can only when all the times. I'm not sure what kind of tricks they are using but winning here also it is not that much easier one.

Even we managed to win against them, they will not allow us to leave off. They will enforce/convince to continue until we will lose. This is how they are managing this business and here also only the "house" wins always.

Whether the gambling is online or over any other offline zone doesn't matter big. The house win percentage will be always higher than that of the individual person's winning. To break this users develop strategies and one who have guessed in the right manner wins while the others lose their spending. So winning happens, but it is lower than the winning percentage of the house.

On the fact that "Nobody wins in gambling" is a false fact because we can win in gambling by luck or if you're very superior in mind games. Gambling is a very risky method where you can earn huge profit by a solid prediction and probabilities. If you have knowledge in Probability and Statistics, you will manage to stay at the table for a longer time because your profit will not be gone in a minute.


There's a trick in there, I'm always playing that color game in "peryahan". Just check the color in the back of the cube before it lands, your win rate here is about 40-50%. It may look suspicious, but no, it's a pure luck game and it has only a small amount of bet.

There type of game has house edge, because there are 6 choices and the 3 blocks can sometimes him in one color or the two blocks will hit 2 colors, that's their advantage. If there are more bettors in this game, the more they'll make money, I played this game for fun only.

That is what I thought with how the OP shares his opinion.

We call this "PERYAHAN" where most people bet on different colors or sometimes cards and numbers. I have tried to bet into this games and to be honest, I didn't won even once. Its always a lose for me. The winning percentage in this kind of game is very low. I often saw this mostly in fiesta and other special events.

I agree with what you said in the last part that there is always a winner in gambling. Its either the gambler or the house :D.

Nothing new here. If they need to survive in their business then be must need to do so. If you are finding some excitements then you may go for repeating with them otherwise you just need to stay away from them because you will not be having any other choices. This is how typical gambling houses are working and surviving.

Yes, online or offline will not be having any big differences. But, if you want to have real offline gambling then you must go bet against your friend so that there will be the exact fairness that we are all expecting as the winning possibilities for you and your friend is same 50% as there is no house is there to match you both. But in online gambling, we are challenging the house as the opponent but they are having some extra advantage as they are matching themselves with us and for providing a platform for easy gambling. This is the reason we are unable to beat them.

It took me some time, but I think now I know why this game is profitable for the organizers.

a) When placing $1, say, on GREEN, many people think that the probability of a green color to show up with 3 cubes is 50%(1/6 + 1/6 + 1/6 = 1/2), and they are happy to get $1 profit in case of seeing 1 green among the three cubes.

b) They also think that the probability of 2 greens to show up is 25% (1/2 * 1/2 = 1/4), and thus they are happy to get $3 profit in that case.

c) Same goes for that rare case when 3 greens are showing up. People think that the probability of that is 12.5% (1/2 * 1/2 * 1/2 = 1/8) and are happy to get additional $7 to their bet in that case.

The thing is that, in fact, all the above calculations are wrong. Below are the real probabilities for the cases a, b and c respectively:

a) 42.13%

b) 17.75%

c) 7.5%

I think now it's obvious that this game does have a house edge, and not a small one.

P.S. Please, those who played this game in real life, correct me if I'm wrong regarding the pay-outs, because my sources were several videos of poor quality.

Yes we can win but still there is no assurance that it will last longer on our pockets since usually we keep on playing no matter how big the money we earned. We are tend to be more greedy, and ended up losing and this is why the house always win simply because of our action and we don’t have any plan at all.

Correct, thats the nature of gambling. We tend to think that the knack or
luck or whatever will continue. People do create their own strategy and
believe they can make gains with it .
It takes time and money to figure out the "correct" strategy

Greediness of a human is a natural thing.So you should know how to control one's greed because if you can't,the tendency is you will make consecutive losses in gambling.Although there are times that you will win in gambling,but the chances of losing is bigger than winning the game.Gambling has only two options,either you win or lose the game.So i suggest to gamble only with an amount you can afford to lose.

I see what you say and I consider it an addiction. control your emotions because basically gambling is something interesting and entertaining, I think gambling is an entertainment so I never get stressed. Come on, let's always be optimistic, don't give the target of the money you want to get, it will only create pressure and make yourself not have patience in making decisions for your life. play according to the groove and let's have fun playing gambling.

Gambling is generally a pure of luck and there is no need of developing expertness in it.  Those that makes money from it are the sites owners or the gambling companies and since those people work on emotions I think that is why few really make it in gambling.

It depends upon person to person. Some people win and earn good in gambling while other just lose their money. Everyone come to play gambling but not everyone can win. If everyone starting wining, then how will the casino will earn ?  So, its everyone luck on how they go about this and Win or lose.

When there are problems with gambling we will not accepting it not so easy because we have need to win in gambling and there are many things to do with the profit but in gambling the profit was very very less and we cannot make profit in gambling this is the fact for all gambling users.

Yes everything is based on luck. So some day you are lucky and win and most of the days you don't. So just try to play in moderation and not force something that is beyond your control.

Get out if you are in a losing streak and just go back some other time. Not unless you have a huge bankroll that you're willing to lose everything in a single wise. Be a intelligent and wise gambler so that you can minimize your losses as well.

But still, if we can count that the winning gamblers are too few compared to the losing gamblers because gamblers who can win, he has great luck. And if we compare between the amount of money that gamblers can win, it still bigger the casino or the house than them, so the casino still takes benefits from the gamblers. And it means, nobody can win in gambling against the casino.

I think what a gambler could do is to have a winning bet that could overcome all the losses. We all know that's possible but impossible to do, just because of the luck that you cannot control. It's hard to compare the winning amount against the casino because how could you really measure it? And in general, we are sure that the house always wins.

It's good to go gambling in a casino, especially land-based, but it has a higher win rate compared to online. It's fun to do but it could make you addicted to gambling.

High winning rate? What are your basis between online and land-based casinos? I don't see for it to be different when it comes to odds but on the ambiance then its totally different.
Winning either on both places would be just the same.
Chasing for big win is the main reason why you cant really able to break on the chain of addiction.

Profit in gambling determines the bankroll you have. If its quite cheap and small, expect that you'll profit will go that way but a twist can happen like hitting a jackpot and this happens once in a blue moon to a gambler.

It don't happen that usually.

There are a lot of times that people win with a small bankroll. In fact, a lot of people won a lot of money in the past, a rug to riches story mostly include gambling, but most of them is not through the gambling we usually know. I know some people that started their business through the money they won on gambling, I think this really depends on luck.

Their luck in gambling gave them a big break in life, but not all winners in gambling knows how to utilize their winnings properly.
If you are business minded then maybe you can think of running your business using your winning as capital, that's a good mindset if you'll ask me because there is no guarantee that you will still achieve the same success you had.

Be wise and diversify, our future is uncertain in this world, diversifying will help you minimize the risk and might secure your future.

I don't think they really are 'a lot'. We're discussing gambling and you opened the rugs to riches story but you say that most of them didn't got that life through gambling so there's the contradiction. Luck is part of the process and we can't remove that and those lucky gamblers who started their winnings did it well, they are wise.

Since when did gambling becomes a good source of income? If you complain that there is no profit or very small profit in gambling then you need a real job good sir.

Thank you for being very funny.
https://i.imgur.com/tjGsu7E.jpg

Actually every gambler can get profit every time he does gambling. But the problem is they are always passionate about getting a win, it is not easy to be satisfied and they try hard to make the house go bankrupt, even though things are impossible to do. It might be better if you continue to win bets 5 times in a row so you have to really go to save the profit you get.

Actually there are a lot, namely the owners and it's partners of a land based casinos. They are also considered as gambler in general as they gamble there fortune in such investment as casinos. It may sound absurd but, tbh, a lot of these people who invested in casino, didn't even go to the casino itself nor rather play.

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In a gamblers point view, a win is a win. However, an addictive gamblers think otherwise. Contentment is slightly an issue (based from personal experience), it depends on the gambler personality on how they'll manage there activities.

Looks like you really understands what hes says lol

But thats the right manner to treat life,find a decent job,work well and just play whenever you have extra money to pamper your self and not to profit from this because thats only a bonus if we come to win

They are winning because they are not playing instead its just a business investment and not gambling investing,so thats two different things

Expecting big profit in gambling is not good, and we don’t need to depend on it. Its true, gambling is not a source of income or the easiest way to get rich, better to work regularly and be a wise investor. Nobody wins in gambling because its should be more source of fun and not money.

I think I understand his part of that statement there. I've also read here in the forum that when you take choices, take risks with your life, you are making a gamble, it just struck me so maybe I am wrong what @Janation is saying. I do know some people too that won through gambling, they usually, well every day to be exact bet on lotteries. They give number combinations and it will be drawn 3 times or 4 times in a day. I know the odds and I don't think I would be able to win that, they say that I have the higher possibility of being hit by a lightning than winning the lottery.

Purpose of gambling is not to win. House always wins, they even tell you that, they literally tell you they will take your money. Purpose of gambling is to have fun and entertainment, look at casinos in Las Vegas, they have big huge shows there, concerts, stand ups, box matches and everything of the sorts right there because they tend to be the most entertaining place on earth.

If you want to have fun and have money than you go to Las Vegas and have a crazy weekend and have the time of your life, you do not go to Vegas to try and win money from them, that is not how casino and gambling business works. Sportsbooks of course offer much better odds but they still have a hidden odds and they do make money from odd bad team winning type deals.

All you have to do is sit down and try to see what they offer aside from just gambling and you will realize there is much more to it than just rolling a dice.

BTW house wins most of the time. :D I don't play gambling too often and also the purpose of earning money from it so its not a big problem for me if I won or lose some bets.SO it depends on what kind of people doing gambling will care about it or not.

They do, because of their edge that's why they win most of the time, let's just clarify things here because this thread is telling us that gambling wins all the time, this is impossible, though they have the edge, they can also loss because there are skilled and lucky gamblers who can bag some good money sometimes. If we are just an ordinary gambler, we should be aware of the reality on our chances because it's not a business where the longer we develop, it's the opposite when you try to beat the house.

That is what I am saying.

That is the reason why I said that it includes gambling but not really the gambling we know, and yes I am referring to the gamble of the life that we usually do every single days in our lives. We usually refer gambling as the game that we won money, that we can say that we are lucky when we won but the gamble of life requires a lot, and it don't usually include risks but also sacrifices.

No one who gambles believe this that the wining chances are very low in gambling. Everyone is positive that they will play gamble and only win. The reality is a lot different from this thinking.  People might win in short term but a day comes when they lose all of their money.

So called 'gambling place' wins in all cases. That's a really good business to have a casino or betting spot.
If to talk about gamblers - in the most of cases people loose.

I agree with this point

And it is something that casino owners also confirm. People who frequent casinos are very welcome there since if they win, they will come again for more very soon. If they lose, they will be back too, maybe after a while. It is random dudes with piles of money with them that casinos are most afraid of. They make a few huge bets and irrespective of the outcome disappear to never be seen again. Probably, with half of the casino's bankroll if luck is on their side

So the conclusion is that people who profit from gambling are site owners or houses? because there are many players who play in the
long run? because even though each player wishes them to profit. luck is not necessarily on their side.

Any player who enjoys the gamble can be argued to be profiting, its a past time and some people enjoy it.    Its really not a loss compared to excess drink or smoking or dangerous or expensive past times a person could have.   Thats the bottom line really, even if you did make a profit but were miserable from being miserly careful constantly; is that really a win.    I always like a little gamble, not too big that I'm going to be gloomy about the money lost if it dont go my way just a wager and a bonus if I get lucky :)

Very important that everyone has to understand the risk in gambling, if they will play it for entertainment alone, they should not focus on the big wins because it's almost impossible to achieve. Making money in gambling is hard, but spending money is easy, and you will become a big loser if you loss and yet you were not entertained.

of course, most people playing gambling certainly expect victory, although in gambling most people are able to get entertainment for their play but it is undeniable that big wins are certainly highly expected by gamblers

Alright, I understand now your point which is very valuable to everyone even for not gamblers too. I agree in most parts of what you said and that's really true.
About the sacrifices, there are many things that one is sacrificing just for the sake of what he loves to do like to gamble.

They agreed to the risk before starting to gamble. Most people dont read the terms and conditions on signing up on a site anyway but thats there for a reason. Whenever you see someone complaining about their loss in gambling because they were not away of the luck situation then its referred tot he TnC anyway.

If they are coming to a casino and hoping for entertainment then they will obviously feel bad if they dont get what they hoped to get. But they should not say anything bad about losses because that was a part of being a gambler. ;D

That should maturity as a gambler if you don't let your emotion makes you bad.
Gambling at any gambling should be only for entertainment, it's easy to loss but never easy to win, so when you win that is your
luck that is guiding you, but when you loss you should accept and move on.

Thats why its called gambling the opportunity of winning is so few than losing,and its not comparable to job because they are two different thing gamblig is vices while job is a work or task but your right about getting money easier in gambling compared to job

Gambling don't gave us a good chance of winning, we are all depending on our lucks at that day and that is not really reliable as a source of income to be honest. Do you want to earn your money through your luck? I am not saying that if you do you can't, I am saying that luck is not that reliable when it comes to earning money.

Its more correct to say everybody wins in gambling so long as you are aware of the factors before you start.    If you mean you expected to make a profit and it didnt happen then I agree it was not an entirely reasonable proposition.   
If you only wanted a chance to walk away with more then you started then it would be incorrect to be negative on gambling because that is exactly what it allows.  Only the assumption that you must be a winner and always will profit, thats where people go wrong.

Ultimately the gambling firm provides a chance not a guarantee, if they fulfil their end of providing a game then its a reasonable gamble.   Life is full of gambles, just avoid repeating where you have bad luck and its a fair game is my simple argument

I always say that you can't win in the long run, in any game. Gambling wouldn't exist if people could easily win loads of money, the casinos wouldn't make any profit. That's how gambling works, even if you win once you can't get what you lost earlier, so unless you win first time and get out of the game immediately, you get hooked on the game and just give them more and more money and when you win you get the illusion that you are making money, but you are slowly going deeper down.

This is why a gambler should know how to control addiction in gambling. A little bet in a daily or monthly basis would be ideal not staking all the money you have that is intended for another purpose. Getting hit with a jackpot sometimes take some time or probably will never get it. However, gambling is.just for.fun so no need to pressure oneself to gamble.and to.earn.

I like the idea of after winning in the first try quit right away, that a sure way of winning inside this activity, but you are correct as most of the gamblers thinks that they can win each time they tried to gamble making them more engage, after several losses they will keep coming back adding more and more, house are so good with how to handle different gamblers/players and the system will keep them on edge.

The preconception that casino always win is quite true. If this was not a case  then we would not have seen so many gambling casino opening up each day. Consider for a while that casino has to pay the building rent, electricity bill and wages of the workers working there. From where they will cover all these expenses and still gain profit, if they did not won from the gamblers.
That's  the reason, opening up gambling casino whether online or offline is a very profitable business.

People who are smart always whenever make money in short term get out and invest smartly or pay off the debts rather than again starting to gamble and make losses. When people start playing for money it is possible that they may be addicted in future and this will result in losses in long run.

Once you have the money to build a casino it is easier for you to earn a passive income but I believe that before you start a business, there will always be a hindrance that you need to defeat first before you proceed. That's why they really make sure that you will end up giving all of your money on to them until your bankroll runs out of funds.

For a gambler it might be the most difficult thing to do, when you come up with high optimism then you get two bets and then you just leave, I don't think that will happen. Everyone who gambles and he is able to win gambling, the desire he has is to continue betting and hope to win, even though for me it is the wrong way. But this has become a fact, emotional gamblers cannot be changed easily.

I agreed with you on the point of some win while others loose, yes off-course the possibility of all haven the winning position is not possible in the world of gambling but certainly there are some individual who wins occasionally in gambling. I could remember vividly last year were i play casino consecutively and win consecutively, so, "There is wins often in gambling anyway".

It's rare that somebody is happy after gambling, there are a lot of those who are in gambling profits. But a small percentage of people can get money and profit in the same way, and happily happily. It's never easy to lose gambling, especially a large amount of money, but misunderstanding leads to it.

There are many who have made a lot of money from participating in gambling and such example can be found https://bitcointalk.org/index.php?topic=5097392.0 where this guy move from$100- $2,000 in a challenge is enough evidence that people do make money from gambling.

Have to point out the obvious that casinos have failed to make money and had to cease trading.    In a purely theoretical way then yea a casino should be winning on the odds and over time will always return to profit.   The reality of running any company is far more challenging.    Any operation with a large enough number of employees starts to have challenges with payroll costs and taxes and all sorts of liabilities to working conditions and considerations because human are a complex detail to manage.    Employees can be more of a variable then the customers who also has a cost of management and to acquire.

Without going very far, the fixed costs can fell a setup and mean it makes no profit.   Its not a given then profits will occur, luck will not always mean every day is a profit for a casino and even on the good days the fixed costs bring down the operation to break even or less.    Theres a risk to every business and a cost in capital to invest continually in hope of that profit

Yeah, I read those thread too but I still too afraid to follow what he did because I didn't have good knowledge in any gambling games and I'd rather play a simple gambling game like dice :D
I hope that he can win and could reach his goals someday so he can be satisfied with what he did and I hope that he can stop from playing gambling after he wins much money.

Depends on the game my friend. For example, poker.

There the situation awareness, decision making, ability to work under pressure and not show your emotions comes into play, the last one applying to offline casinos, of course.

For the others you are giving a very specific example with only one possible outcome from your point of view but it also depends on what the person ends up doing.

For example, they could spend some and come back to play the next day with less than what they earned, they could win even more. If they lose, it's still a win.

Most of the time, this is really happening in any other gambling games, not just only in color game but every gambling games this is often to happen, I also heard a story that there is a couple who win a jackpot prize in a casino then they buy a house, after that the husband still playing in that casino, hoping that he will win again so that he can able to double their winning but it is not. They lose everything and they sell their house after losing all their winnings.

Perhaps, that person was happy because he can spend his free time by playing gambling and meet old friends while he can make conversation too. Sometimes, meeting old friends in a gambling table will give us a time to remind a memory when we played in a time before. At that point, no matter if we lose, we still happy because we can share something about our life, we know how their life too and we can remember the old time.

And they can lose the $10,000 in a matter of seconds, I read stories of people who had made $500,000 and lost it all within days/weeks or even less. The story will always have a bitter ending.

Anyone can make some money from gambling if he is patient enough or know what he is doing at least in some skill games. The problem which the title of this thread describe very well is that no one can keep winning in the long run and they lose money eventually. I think there is no remedy to this but I would be very happy if someone can prove me wrong.

How patience overcomes the randomness or the house edge?
If you would be patient well enough does that mean 100% of your bets would be winning bets?

This is just ludicrous.

You right every player has the possibility to profit. but that made them end up losing because they didn't know how they should stop playing. because each player will find it difficult to stop when he is profit. this is the task fo revery player how to stop when you in win conditions.

Patient enough?? I'm patient when I'm gambling but there are times that I don't win. I also know what I'm doing when I'm gambling yet I lose money sometimes. For me, gambling is a game of luck and a bit of strategy maybe or its a game of LUCK. Even you are patient or you know what are you doing if you are not lucky at that time, its useless.

Finally a post that makes a lot of sense.
BeGoods - Why are you making such horrendous claims?

Patience has nothing to do with luck / randomness.

I don't think so that you can some money from gambling by just becoming patient enough. Being patient doesn't guarantee you to make money out of gambling. Even the skilled gamblers doesn't guarantee themselves to win.

It's true that it has nothing to do with luck, I'm comprehending why he said that. Maybe being patient by growing yourself as you stay and experience different results as you gamble.

I think patience to earn some will just make you lose money because you continue to bet for a hope of winning. Patience is not good in gambling, this is not something about investment that it can grow over time. Its good to be more wiser and know to control your emotion.

There's instances that this can be added to the enjoyment that we can get from gambling, if we will be able to play with our friends and reminiscing old memories, but in the other side of this if we played because of money, we wont be able to recognize things like that as we are always aiming to win, from
that OP's statement is true as we will be always chasing luck the more we play the more chances that we will burned our money.

I’ve won dozens & dozens of bets in the 10-15 years I’ve been gambling. I don’t keep a record but I have to admit I probably am at massive losses if I added it all up - Wins vs Losses.

Gambling is just a hobby to me though, I play with amounts I can afford to lose.

If only by being patient you can win bets, then that is something very extraordinary. Yes gambling is about luck, no matter how good your strategy is in betting and how well you control your patience, but when you are unlucky on that day, the effort you do with patience and a good strategy will only be useless and will still lose.

This might be a hard truth for some people but we are always looking for an edge an a thril

That is true, only a few people who want to come to the casino to meet their old friends and the rest of them still chasing their luck and the win money. We should not risk the money we have for chasing the money from gambling and it's better to have fun with old friends than just playing gambling. Who knows, we can get something which will more than the money value itself because sometime, when we talk about many things, the ideas will show up to us and it will trigger to make something.

Hard truth for some gamblers but saying nobody wins in gambling is absurd. A cycle will go on like the example of OP but the fact that they have won in the first place proved that saying nobody wins is wrong.

Count in small amount or bigger amounts, everyone will experience win it's just up to us if we will be greedy to gamble more and won't control  ourselves.

Right, there are times when we will be lucky and win through gambling. But as I see, most of us will continue to gamble especially after we are lucky enough and most of the time, we will be stopped after we have nothing left to continue our gambling. Indeed, there are people who will stop gambling after they win some profits, but the number of people like that can be so small, I guess.

I guess what OP is addressing is the majority and the totality,yes at first you can win but the following time will be a nightmare From this it will end up you're still a loser so indeed nobody wins in gambling,though i have known some person that gambling is their means of living ,they have been a breeder of cockfighting roosters and they sell some of those and they ranting others while those remaining is for their own fighting

Maybe most of the gamblers have tasted the winning moment at least once in their lifetime but not all there are some very unlucky people and this world who never won any games at all.
If someone want to have more wins than they lost thwy have no strategy,they need to be lucky enough.

Everyone would have won atleast once for sure, but overall when we consider people would have lost the money rather than making the money from it. And we know people instead of playing for fun actually want to make quick money and end up losing money a lot.

When we get a small amount of money, we do not admit that we have won the gambling, and then make our greed greed. Narrated that he had a winner, why would he gamble that no one ever won? Experienced gamblers know when to give up. Why would anyone go, if he knew he would lose money in advance? This is because they believe and hope for a win, and the winner will always have.

The people always play the old rules of gambling, they always be players that's why there are many gamblers lose their money in gambling games and now almost all of them blamed the gambling games, but if we play new innovations in gambling games which the players can be the house of gambling games, they will have good chance to be winner in gambling games.

Only the owner of that casino wins in the end. I think the people who gamble often in this places are just desperate people or just taking chances to win the jackpot. I would suggest lottery than a casino because it's much fair than those machines that we can't be sure that it's not rigged at all.

Yes, the owners have better chances, but in this dynamic world with an ever growing competition even owners find themselves in troubles as they need to get traffic etc.

And that's what we called business, how can gambling sites exist or survive if they are always loose. Been telling this point for a decade that no one wins gambling because it is based on luck but will keep you stay until you lose because of the greed and tilts. I have plenty of experiences in gambling where I lose because of greed. Controlling emotion is the best option instead.

Well, in fact, my family got broke because of gambling that is the reason why I hate people who gamble and I keep on convincing them to stop and to avoid what my family experienced with it. My mother was a gambling addict as well and also my ancestors. All of them raised us to avoid trying to play even one game since it is very addicting.

That's a sad story ypu got there, would you mind sharing that here: 👇
https://bitcointalk.org/index.php?topic=5098295.0

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I can't find any valid reason for you to hate gamblers/players just because of what you've experienced with your family. You may start to feel being ashamed of what they're doing but you still have to let them be. It's not on your hands whether they stop or not, the fact that you tried convincing them to stop, that's already enough.  Don't hate them, maybe they're so addicted with it still there's nothing we can do about it.

Indeed. There aren't many people overall winning in gambling. Personally I think the only way to be profitable with gambling is when you specialise yourself in a betting game with skill involved like poker. In sport betting you also can be a profitable gambler but only if you use special software to to arbitrage betting or valuebetting. Both are proven methods than can turn betting into investing.

But all rest is just a matter of luck cause of the house edge. All people that share strategies over here to play for example roulette, dice, hilo and all others just live in a fairytale. There is no such strategy to beat luck and after all you will end up loosing every time. In my opinion to make profits with casino games is by having a good winning streak and withdraw winnings immediately. That what I do. I do not chase big wins on casino.

I sometimes deposit 1LTC to casino games. And I withdraw every time when I hit 0.1LTC. I never go all in. I mostly place bets with maximum 2% of my balance and just chase a bunch of multipliers of even 1.15 to 1.3. If I bust I would have had pleasure of my deposit and with some luck I can win a little. But I never deposit on a casino with the intention to make profits.

But when I deposit to a pokerroom or sportbook then it is the intention to make profits because poker is a game of skill and for my sport betting I use arbitrage and valuebetting tools to make me a profitable punter

Lottery can also be manipulated and its also a way of gambling, just know how much probability for you to win. Whatever your bet is and how much money you gamble at the end of the day you will still be the loser and the house will expand their business because they make a lot of profit from you.

Thats why the gambling business is growing very fast right? but of course there are many players who profit also not only the owner or house. is the key to profit and win when you get out at the right time right (when you get profit already).

Right.I truly agree.I think there are really some lucky people who got to win  in gambling but of course the profit they get is just very small compared to the profit the owner gets.But remember casino or any gambling sites is also a business so the owner or operator should see to it that the amount they make is obviously bigger compared from the gambler themselves.Or else they will just stop this kind of business because it is not making them wealthy too.

That confidence we have when we win most of the time will remain. I've felt that before and don't want to leave the casino (online/offline) because I'm feeling that the aura of winning is still with me.

I know that most gamblers feel it this way and don't want to abandon it which pushes us to go through and gamble more. Whilst, we are thinking about that, we can't notice a little by little we're starting to lose.

it is really easy to bet yet hard to win, thats the power of gambling casino and sites. Did anyone notice why theres a lot of gambling casino? its because they profit a lot of it, also they have adopted and accepted cyptocurrency right away because a lot of gamblers were into it, thats how intelligent they are.

People actually win. I have heard of credible cases of people winning lots of money. Though I have never been lucky with this things I seen my younger ones win a lot of times while we were young. Maybe because he played more than I did.

The big profit is for the owner of the gambling site while some player can get win too, but it's not always in big money. For people who can win, if they can win more than the money they spend, it will make them very happy because they are included in the lucky person in the gambling games. But for the other people who lose their money, they will still play gambling games because they are hoping that in someday, they can get lucky so they can also win that money.

I don't know if I really won or loss of all the gambling games I played if I will put my games together all and my wins and losses I don't know how much I win and loss, but the most important is, I know that when at the point of being addicted to gambling, I've learned to stop and move on, on all of my losses.

To those who are not familiar with this dice color game in the Philippines, here's how it looks like. Video is not mine, I just found it in Youtube and share it with you guys for reference. The game is so easy, there are 3 identical wooden dice, each side of the dice have different colors, 6 colors to choose from, pick any of the six, you win if the color you picked showed up after rolling the dice.

https://www.youtube.com/watch?v=NejqpSFWta8

I believe this is out of the topic mate but thats a pretty simple gambling huh?just picking a color and then you will win,how much could you win if you’re lucky to pick the right one
This is the reaction of former gamblers that learned the lesson about what gambling can give or bring to our life,realization is the most powerful toll for us to escape addiction and ofcourse our mind control because the eagerness to win back the losses is what brings us bad

If you know how to stop and move ahead on loss, then it means you are a mature gambler who know exactly how to react. Also it is important to know when to quit after winning because if you do not quit after winning and keep on playing and playing, you will end up losing the winning amount also. So its better to know how to play both in case of loss and a win.

I guess we must not account our losses or even winnings in gambling because for me this is not to be remembered instead should be used as stepping stone to leave this vices

I hate to say this since this is gambling section but we must stop using this a material to earn money because this is not,and besides we make this as enjoying tools for our betterment

Its better to discourage people on playing than to encourage them knowing that they are not capable for that. Gambling can be profitable but it depend on how much money you will risk. Having fun in gambling will not make us better in long term, that is just for short term playing so better to play occasionally.

Wining is ok to account for but the major factor behind getting addicted is chasing losses. One should to prevent that as much as possible. It is possible to recover the losses completely but that too depends on luck and the longer you try to play to win it back the more you will get your balance wiped out.

Most people understand that. But on the contrary they dont realize that the losses are going to get bigger and bigger if they dont stop the cycle of loss and running after the loss. The purpose of this forum is to allow people to discuss and talk about their problems so as to help each other out obviously. ;)

Now OP doesn't make sense anymore. He said chose 1/5 and get payed 20%.

Here, it's 6 colors, which is a major difference. How much% do you get on your bet if you pick the right color?
Not to mention 3 dice, so do we need to get a color on 1 die only or..?

Something's missing here, no way the casino is taking 0% in the long run O_o

actually people who play gambling for fun dont make calculate the losses and winnings they get, most importantly they get pleasure from gambling. moreover wins is not only interpreted as financial gain, isnt it? you can be happy with what you play in gambling, I can call it wins.

But not all of them will think for that,the more they loss the more they gambled in order to recover those days of losing. It probably mostly in gambling never wins and that's the reason why casino's survive for many years. 

Those enjoyment using your spare money is same like watching movies and pay for it, if you know how to properly organized yourself while doing this activity, you will not count those numbers and regrets any amount that you'll going to lose, as you are treating it as source of past time and you can
move away right away, from that, it's always a win win situation for you.

I think this kind of game is not going to give much profits and there winner will be chosen Western only on dice which is having the colour to send by the player in my knowledge so chances of winning is more but the rewards will be very less.

I like this point of view because the internet gave a really huge way to help other people even if you don't have resources to do it ourselves, opening new possibilities.

What i see also that some people need to understand is that the gambling sites/companies are like any other company who need to make profits or it will close, it's just that simple. Some comments criticize that and i don't think it's completely fair.

I don't get it if someone uses gambling as a hobby because I cannot imagine how much money he will use as for the hobby. I considering that playing gambling as for pleasure and this is why I don't have any record or make notes about how much I lose and wins because I don't think too seriously about the result. But if I can win the game and get the money, then I think that is because my luck days comes to me.

Well we win a lot in gambling and also lose a lot in gambling. So if you do not track that how much you invested in gambling , how much you won and how much amount you lose, it will become almost impossible to determine whether you Won or lose at the end of the day.
If you are serious in money management in gambling, you need to note down all your investments and your loses/ Win and then plan accordingly.

That gives an avenue of entry for those who dont have access to land based physical brick and mortar casinos to an online variant accessible to everyone. Added cryptocurrencies to play there is like icing on the cake. People can now play anonymously and without having to visit the casino by foot.

Its because people are immature and ready to jump into the get-rich-quick bandwagon and try their luck. After that they end up losing money in ponzi and hyips and try to get some money by playing with their luck. They do realize it soon but by then its far from over. Of course the biggest winners are the casino owners and the affiliate marketing.

I am sure there will be very few gamblers who manage money like that. Maybe professionals will do it but not with most people. In gambling, many people use their feelings to react to things they meet. And if I can predict, the end result of most gamblers, in the long run, will definitely disappoint. As many people have said, it is better not to use gambling as a means to find the source of life.

Well i guess winning is kind of subjective when it comes to gambling. Some people enjoy it while also knowing when to stop. For me these are the people who really wins. Sometimes it's not just about the money you'll take home but the good feeling it gives you as you play along. So even if you end up losing, as long as they amount is something you can afford to lose, then you're on the positive end.

Knowing when to stop is also a winner for you? if that's the kind of description you've got for winning then it's fine. I understand the point that you are making us understand that it's not all about the money. But let's be real that this is gambling and everything here is about money, winning and no other than winning. That's what every gambler wants and that's the reason why many are getting into gambling. Partially, nobody wins in a way that the house has always the edge.

That is what we need to avoid our eagerness to win back our losses because we have no assurance to win back all of our losses. Yeah, we must have to realize that being greedy in gambling can really lead us to addiction.

Mate,... This kind of attitude is really unavoidable especially on us gamblers, we can't just sit back and make a tight push backs after lossing dozens of money?

Even if you're gonna stop playing on that day just because you've lost too much, you'll be returning into that phase as you want to make a comeback on what you have lost. So tell me mate, this is only possible for humans who'll completely quit after losing.

If we have this kind of mentality,  it surely they can't easily quit from gambling. It is not greedy who bring this person into gambling everyday just for the seek of bringing back his/her losses but it is the addiction who made it.
Many people have committed illegalities because of these, it is better to make realized before we're totally become a one of them.

Yes.There are really high chances that once you become addicted to gambling,and you have no more money for betting,you come up doing doing such illegal things that will definitely put you in jail if not being stopped.Gambling is good if we keep our limits but if we have exceeded our limits already,then it would cause us worst things for sure.

This is the most attitude of the gamblers, we want to take back our losses and we're eager for that no matter what will be the result. But most of the results, we know what's next. Being greedy is part of human nature but we have ways to counter and control it.

Experience wise, you know what will happen next and you know what's the result it made for other gamblers that never did something about that. Don't be too greedy, there are times that we'll win in gambling but it's only for limited times.

Correction on the correction, those who win big are usually professional players. I'm thinking about pro poker players. Those guys simply do not take any chances man, its 90% skills and experience. Real-table poker games have very little to do with sheer luck.
Randomness of the cards is just a minor factor, observation and knowledge of human behaviour is the key. That said, obviously not all games are like that, said lotto ticket is in fact purely luck based. I would advice not to fall for any so called lotto-systems, this is naivety  exploitation, hoax basically and only the pocket of the system seller will get fatter, not yours. IMO lotto it is worth a shot, from time to time. When it comes to regular "earnings" from gambling, nothing better than sport-books and poker.

Poker is still a luck based because the cards are being shuffle after you get it on your hands  . you know im a regular  poker player and i can say that its not different from other types of gambling games  because i cant win on it most of the time  .

Theres no pro or expert when it comes to gambling because all of us cannot control or manipulate our luck  .

Yeah, no matter what. Nobody wins in gamble but the house does. Even if the player wins, the house take a little percentages of the winning, its called house edge.

On the contrary, one can even get banned from a casino for doing just that.
Cards counting is a way of controlling and manipulating the amount of luck that was given at any specific time.
Impossible online but real games, with real people, completely different story.
Casino houses can only try to mitigate this Blackjack technique by introducing more than 2 decks of cards and mechanical shuffling. It can't however be entirely eradicated.

Literally not because there are some occasions that the bankers had been beaten by players means sometime we as player got to win

But this winnings dont happen everyday while the House did.but you are certainly right that even if we win,the house will still have the edge to take on our winnings

That might happened if you're really obsessed with earning and winning, the most common reason for this is being addicted and not thinking about the possibilities which you may lose a bigger amount of money if you don't control yourself.

Yes, that is true. In fact such cases are increasing from time to time. I personally know some people in my neighbor who are addicted gambler and now they have started illegal activities to collect money for playing gambling, I think that we need to educate people to avoid playing gambling or at least should play up to their limits. Where they can afford to lose a limited amount of money, which may not affect their social life.

Because they are lack of self-discipline, gambling isn't bad if you know how to handle this. Having self-limitation is very important and you must be contented of what you have earned or loss as what you have set capital. However, it makes worst if you can ride your emotion and greed will be on the top, that is useless.

Given that the house does win but don't forget that there were lucky gamblers that also wins for some time. They make casino's in able to earn through the house edge. And don't think of it as their winning but it's part of their plan to make money from the very start. For gamblers, it should also be remembered that in some cases there were times that you will experience winnings. Nobody wins in gambling if you don't take your profits or you don't have plans to cash out.

That's why I only see gambling as a form of entertainment, and I always set a limit on the amount of money that I can afford to lose. Unfortunately, many people think that gambling is a way of making money, and even if they win, they will keep playing until they lose it all.

There are people who says they won a lot in gambling and they may have posted the amount they won but prior to winning, thousands and perhaps millions, they may have lost thousands and perhaps millions as well. For me, I don't keep track on how much I win or how much I  lost already. My only goal is to keep me entertained and not to go beyond my spending limits in gambling.

They usually pretend that they earn a lot well in fact they still lose money in long term period. The house always win because of greedy gambler and of course with a help of those gambler who are just want to have fun. Setting limit is the key, it can prevent from losing more.

I agree but of course there are still few players who won more than what they have lose. For you to quit gambling or stop yourself from lossing more is the hardest thing to do if you are a gambler. Strong realization and divert your attention into other things will make you totally quit.

It's always better to use gambling as a form of entertainment so we can enjoy the game without worry from losing all the money. We know that the percentage for us to winning big money or jackpot is not too big and although there are people who can win that money, the house still get the bigger portion of the money so the house will get the most profit. So we need to consider to play gambling is a way to release the stress with our friends and feels having fun with them.

I think we are from the same country since I know and im hooked also with that particular game. But that gambling game is just temporary because the owner had to leave to another town for another event. Well for me its entertaining and I dont just look at it as gambling since you can play even with small amount (its optional actually).

Its a human nature to have a mindset of "easy money", many gamblers think they can get rich if they hit the jackpot. That might be true but its a one in a million chance unless you're really lucky.

Good advice and I would also do this advise to my friends in real life and even in this forum because I already
know the effect of gambling and that is based on my experience, it's hard to win, we will only loss in the long run and that is the reality.

That's the reality, but sometimes we think that we are the house, thus it gives us a feeling that we are better than the house.  ::)


This is just one of the definition of entertainment.

Gambling is a part of every society but people of different societies take it in different ways. In developed countries people mostly play gambling for fun and enjoyment, but in underdeveloped country people consider gambling as the shortest way of making money, but I think that it is the shorter way to ruin your life special if you do not have control over your emotions.

This is a better option as you will be able to enjoy the time and money too rather than cribing that you lost money when you play to make money from gambling . This is essential that you ensure that you play for fun so that you do not have to worry about other factors .

Best thing in mind when you are enjoying with this activity, treating it as source of entertainment allowing yourself to spend your spare money,
same concept when you pay for some entertainment like watching movies or some concert around you, treating the money that you possibly can
lose inside the house as payment for your entertainment will remove worries inside your minds.

This is of course applies to the majority in each of the types of countries not all.

In the underdeveloped countries point of view i saw in Venezuela how people would play any kind stupid and silly madeup gambling game to try to make easy money. It is interesting to see adults supposedly educated behave like cavemen, it is one luxury that those types of countries offer you in case you go do tourism to one, look carefully. Behind the made up stages for tourists.

Horses and sports are a common occurrence that people who is a bit more smart in those types of countries go to. However, they are not in position to lose and ends up being a really unnecessary risk.

among the casino games perhaps the only one where there is any real chance to win is blackjack where there are tables with the risks and odds of winning, among sports betting i would say that on those live there is some chance of winning by doing scalping towards the end of the game...

I'm winning in sports betting, whether through live betting or betting prior to the game.
I feel it this kind of game which has no house edge gives chance for gamblers to win and I'm seeing more people who
are successful in sports gambling also, they called it as part of investing, because they have the skills to make it possible.

I think that these are only fiction and nothing else. In real life when we visit a casino, I think that it is difficult to find a single person there, who is there to play gambling for fun and entertainment, I think that most of the people either they are rich or poor, they play gambling only for making money, despite the fact that it is too much difficult to make money from gambling.

I think yes, nobody wins in gambling.If they do win at some point but again they loses anyhow.I always see many one becoming poor for gambling and that realized me that nobody can wins in gambling.Its not any fact that you are so skilled at gambling because at some point you'll become empty hand anyhow.

You are wrong. There is always someone losing and someone winning. This is the exchange of wealth that it is happening in gambling.
The side that wins is the house. The casino is always on the winning side and they have the advantage of making profits.
As long as gamblers realize that, they eliminate their losses.

It is true that there are a lot of people that lost on gambling but don't forget the people that also won a lot of money out there. There are a lot of gamblers that also won that game and made their lives great through gambling. I know some people that won on a lot of lotteries and started their own businesses because of that. They did not lose on gambling, they use their winnings to make their lives great. That is a great decision for them than to continue gambling, isn't that right?

It happens in the real life when there are last bettors but I don't feel of doing that in real life. There are winning moments but there are more of the losing moments in gambling. I don't play blackjack but I feel more chance of winning with sports betting like what the others think and prefer of where they are comfortable gambling with. We will really lose in gambling but in your whole gambling career or experience you will no matter what happens, big or small win.

skill based games may not be much profitable and also wi not be suitable for a person who want to get entertainment because sport betting will take deep research and patience.

Sports betting really needs a few tactics only and then you need to have the luck also in your part to make the money on your betting. Most of the people looking gambling are just to waste the money but the fact you need to work and learn which is the best fit gambling game for you.

If you roll, dice or slot then it completely depends on your luck and investment fund you can do on it.

I read somewhere that there are gamblings that require skill... more like trading cryptocurrency and it seems people are winning. May be not be serious wins
Guess if you have some skills for such gambling you could winning consistently.

That is called greed. People want to double and triple their money when they are engaged in gambling. Not even aware that there is small percentage of winning but has a big chance of losing. And not also aware that they are betting in a wrong way, losing all the money.

In my opinion, you can win in gambling when you have what it takes and that is the cool mind and the strategic approach to the strategies of the opposite player. There are many ways to do that and for example in a blackjack or cards, you need to be strategic enough to trick the opponent with the strategies in a way that is not known to him. Facial expression of the opponent might give you an insight to the nature of your strategy and his knowledge about your tricks.

Winning in gambling isn't that hard. Most important part is not being greedy. Don't take to many risky bets and withdraw your initial deposit once you are ahead.

Actually, you can win in gambling but chances really varies since it was a game of probability, like in a lottery that nobody knows who will win and what will most likely happen after drawing the game to check the results. The eagerness to win and the greediness of winning once again became the reason why people are taking it too far on engagement that's why they tend to borrow money to play gambling for they believe that they can have that chance of luck of winning and earning through it. Good thing that playing gambling and other casino game we love are now made convenient just like what I have experienced into my online casino (https://to.crwd.cr/smtm) which offers great deals of bonuses specially for the first time you do first deposit and also accepts cryptocurrency services through Bitcoin.

So we just play it safe with low odds, this method can indeed be done for those who don't want to take deeper risks and this way is good for those who gamble just for fun. Unlike a person who gambles by looking for big and fast profits.

Gambling for big and fast profits will likely get you rekt. People who take high risks shouldn't complain when losing imo.

Agree, there's no win-win situation on a gambling and we should take all the risks. There is no easy way to get huge profit, you must grind everyday to have a liitle by little profit but if you want fast game, you will put yourself on high risk. I also wanted to say that gambling is very hard, if you know how to solve probabilities, you can see that it can't reach 30% above on winning per game.

Exactly, Gambling is not for a long run, else you will lose all your money, It's just for 1 time and for a good choice that you'll not regret later. As you said, people who take high risks, they should accept the consequences.

Indeed. There really many people who gambles and winning. Actually it is a game of luck and chances as well as probability in which no one can tell who will win or not. It is up to you to strategize your bets so that you can be able to have a win. Really? There is such an online casino that offers great deals just for doing your first deposit? Interesting.

Yes there is already an existing online casino which offers great deal of bonus for your first deposit which is the  online casino (https://to.crwd.cr/smtm) I am currently in.

Yes should the people don't blame the gambling games just because they were losing their money in gambling games because it is part of risk of gambling games, will be better to change our strategy in gambling games for example we must do money management before playing gambling or we can be house to getting passive income in gambling games. It will be more wise than blaming gambling games industry especially on cryptocurrencies.

Complaining is showing your are not ready to take the risk and you are not man enough to accept loses.
If you are a gambler, you need to be realistic all the time and must understand that losing is part of the game, hence, we need to stay discipline
in order not to loss an amount above on what we are suppose to risk, and will not affect our personal life.

The thing is we even if we spend a little time in gambling but we loss hard, this would certainly affect our post gambling activity.

Yeah, I am not saying that this is avoidable, being greedy is always with us even in a small gambling game, we still want to win even small amount because it is really good in feeling winning in a game especially when it has a bet. We can still play gambling without getting addicted to it. Just make plans and make limitations to ourselves.

By accepting the consequences, some people will win, and some people will lose. That will depend on their luck on the games, and no one will know how good their luck. Being greedy is the most problem that gamblers face in gambling games, and because of this, they are losing much money, and many of them cannot accept this. No matter we play gambling for a short time or a long time, in the end, we will lose the money, and we cannot win the games.

Correct there are some formats of gambling where people have chances to make money, for example in sports betting and horse racing I think that we can use our own experience and analysis which can be helpful for making some money there.

But, I think that even there we cannot ignore the importance of our luck which always play an important role in our life. So, even in sports gambling most of them time our luck can play important role.

These kind of bonus are encouraging for the new gamblers but if you will do a deeper research and you will have more experience about it, you'll be pissed off somehow on how they will change and won't agree with the terms they made. This happens when someone wants to take that bonus, they will give you a reasoning that you need to pass some of their requirements just for you to become eligible with that bonus. Having a bonus on your first deposit, can't be considered as win.

Every person know about it and always wishes to do so, but in fact it is not so easy no once can continue and follow such strategies for a long time, once we start losing money we forget everything and only know how to recover our lost and such greediness make the situation more and more difficult tell we lost everything we have.

I think we should avoid gambling if we cannot control our emotions while playing gambling. But, gamblers are always thinking in different way like to control our emotions as they never think about avoiding gambling. We must have clear idea which is possible and which is not at all possible. Then only we can find a solution here.

Is that any different with a chance of wining when you use low amount and big amount when gambling? I think everything just luck
that determines your win? Low amount is just to extend your playing time in gambling

Rules should be learned carefully and assess deeper, as this kinds of promotions sometimes is misleading, casino house will not give you free money
as they know the site will be abused, a  lots of gamblers who also aiming to take advantage will grab it if that's for real, so better to make sure that
you know what's the catch behind the promotions.

I have done this before. When I won, I withdraw my initial deposit but after losing my remaining balance in the gambling site, I deposited again and got lost. :( I got greedy at that time and got rekt.

This is more of a play safe strategy. Don't risk your money but people are gambling because they want fast profits so they will risk everything they have without knowing the consequences they might face if they lose.

Being greedy is a normal behavior in gambling. And we already know that. Once you got something, you keep playing until all your money is lost. We should know when to stop and resist the urge of throwing money into something you have no control of.

Probably those people don't have a proper way of managing their wins. Most of gamblers are loosing because they lack their discipline. Although they have the right mind set before, it gets destroyed when they are attacked by greediness because they feel that the momentum will continuously be favor to them. On the other hand, gamblers who are winning are those who have discipline, lucky, and those who knows when to exit with their wins.

That's not the main reason, we loss most of the time because we love to play games with house edge.
Even in sports betting, usual odds is 1.90 and that is less 10% because you have to pay the juice or commission and if we constantly take
that odds, we will still loss in the long run, it's better if we will try to sell points and take a 100% odds.

If people are disciplined then their is no issue itself as they would be in their limits and would enjoy the game and if they win they would take it and move away rather than becoming more greedy and losing the whole money what they win in gambling .

We have that kind of game in our area whenever the festival is coming. I somewhat get addcited to that color game. There are three balls. If you bet in any color, your money can be doubled or tripled depending on the ball if it falls on the same color. If you have a good instinct then you will have a good profits. But for me, I only bet small amount just for fun.

I have been to the local street gambling like the one you have mentioned. Games may vary but, winning hand is always with the stall owners. They may be tricking people to bet more by giving us small profits at first. In the end we would end up having nothing. I agree that they are psychologically luring us to bet more. This happens in online casino too. I am not saying that casinos are not fair, Its our emotions which makes us bust.

It's part of the act that they shall give wins at the very first tries because its the strategy that will get our attention. Once the gambler gained confidence and believes that he can easily win for the next tries, it will be the start of losing.

And this usually happens, so on and so forth. We gamble, we lose, we chase losses and we lose more. That what happens when a gambler losses his control to himself and he's just depending completely to his emotion and forgets that he is likely to lose more.

Lol! I know this game. When I was several years younger I used to come to this place every night after school or if there is a festival in town. This game is fun, it will trigger your adrenaline all the time, a type of exciting and even if you are just watching others play, you will not be quiet until you yourself play the game also. This game is designed that way, pro-owner, so whether you lose or win the owner never lose his profit. And I always go home empty but no complain. This game is supposed to be more as entertainment and not for serious gambling.

The gambling sites makes most of the money because the odd is to the favour of the house.  I think this is the fundamental reason why the gambling sites cannot lose. However the remaining 20% chance of winning is hard to get at.

This is why it's called gambling.
People win though but it rarely happens.
The gambling business owners could making winning more likely to their gamblers.  Seems they test this things and knew it was going to be tough to win.

That's untrue. Perhaps you didn't play casino games ever in your life. No matter what happens, even if you lose, there should always be a winner.

I don't know how to play casino games. I tend to always play with computer which more likely, I lose my money.

You can learn in in Youtube then. Playing casino games (https://to.crwd.cr/smtm) is quite different to other gambling games. In this, what your opponent is a player too, not the computer. Thus, your probability of winning isn't controlled by computer but purely luck and strategy.

Surely they did that, testing the system making it sure that in any events they still have the winning edge, gamblers will taste the benefits of winning
in some point, giving them a glimpse to keep coming back, in the long run results will determined that gamblers mostly lose their money while the
business will be running strong and smooth.

Two things, enjoy while playing or seek to earned and be down for the rest of your stay.

If you don't know how to play casino games.

You see the signatures of most here, everyone their own casino preferred to advertise and to gamble. Search for them and try them out, before depositing read as much as reviews that you can and see if they are one of the trusted.

Well there is always a winner in gambling,
But not all of the player would win but one thing is for sure,
If there is a lot of player the owner is the one who are always winning.
The host is always the person that gains profit from gambling.

That's the charm of gambling I'd say. Some people just like to take the risk, and it induces euphoria in them seeing their chances as are as low as possible and honestly if you win after all that, it really is quite satisfying. I play at Vegas Casino (https://vegascasino.io/casino/popular-games) and still play till now. That thrill and enjoyment you get are honestly a bit hard to let go after all. Of course, I don't forget to control myself and limit so that I don't go bankrupt and lose all of my assets. And that control is honestly the only thing separating you from a drunk gambler to an intelligent one. Although I do lose at times, the benefits of Vegas Casino is more than enough to make up for the loss that I get and not only that, I obtain different levels of enjoyment because there are a huge variety of games that I can access to play in.

I also use to play in Vegascasino and I do lose a lot of times but I still continue to play it is because losing is part of the game, as you lose you learn something besides you also acquire experience. Through experience, you can able to handle the things that you were able to do and your chance of winning may increase. It is so satisfying to win after what you have lost, it is likely you retrieve all of your losses. And regarding to what OP has stated, There will always be a chance to win gambling no matter how low probability it is if your luck has struck in you'll win.

Gambling is based only if how lucky you are. But if you win jackpot you earn enough profit then we can say its a victory. Not all gamblers can experienced to win in gambling, i think thats the reason, and sure only the owners can benefits from gambling.

I agree, it is more of having control or discipline in your self not to be addicted to gambling because if you will let your greed take you then there only two possibilities, one is if you’re that lucky then you’ll win and have profits but second, if you not that lucky then you’ll lose more that what you intend to. Its ok to enter gambling just know your limits and have control of you mind to avoid major losses.

Not only the owners there are users who have experienced a change in their life through gambling. Recently saw a winning of an user which is 51btc. What a big win it is, luck is much required and we cannot say that luck is all with gambling. Whatever the winning of the user might be, on the total rolls the house will be getting an assured percentage as edge which is the profit for the owners.

Absolutely, there are very handful individuals or gamblers that win and go happy after gambling. Most of these guys are cheaters of the system before they could have a win. Although, sometime i gamble and win and go happy but not a big win, but win is still win, so, people still win with varies amount.

You are right that there are handful of gamblers that win and are happy. But you are very wrong calling most of these winners as system abusers. It is rare to find hackers. If you noticed, there are only few issues (hackings and system abuse) to none on Crypto-Games, Primedice, Bitsler and other popular gambling sites.

I did gamble many times and since I started embracing crypto currencies I am sure I am positive overall. In 3 to 4 years of crypto gambling I think I am up by more or less $10,000 in estimate.

Even if I lost I am also still happy since I only gamble when I feel the crave to have fun with it. Because being a gambler is not a good reason to earn money. 

That's exactly what gambling was created for, to attract people with generous winnings and them steal all their money. The house always has the advantage in gambling and that's exactly the reason why they maintain themselves on the market for so long while they all in profit everytime. I see gambling and betting platforms that have existed for over 10 years now and there is no wonder they are making profits every year since the business wouldn't be running anymore if it wasn't so.

Gambling is the way for making your entertainment place. if you consider it as earning platform you will definetely loose your investments. Always consider betting as your way because of knowledge on the concern games.

When there are casino games first you need to improve your skills and understand how come you make money on there.

Long term winner on any field is nil similar to that even gambling also have the same.

Indeed. If you want to be a gambler, playing fun, and entertainment are what gamblers being to be. Not that to gain such a variable amount of money. Well the most good part for being gambler are you’re having fun, entertainment, and yeah at the same time you’re winning also.

The selected text contradicts what you said above. Gambling shouldn't be regarded as an earning platform, that's right, but what is that selected sentence for?


Since you are working for a gambling site, I suggest you to learn a bit about modern gambling, especially about online crypto gambling and about provably fair system. In short, reputable gambling sites don't steal people's money, they profit from the house edge, although I'm not sure you understand what that means. And surely not all gambling platforms are profitable. There is a big competition in the field and it's a tough call to win in that.

Gambling is so addictive that if you win a few times then you wouldn't stop betting until you lose all your funds. One or two lucky people win jackpots, but most people come out empty-handed.

It is, but with discipline you will be able to control yourself and enjoy the game.
There are people that are addicted in gambling, but most of us are enjoying it despite the reality that only few of us really wins. >:(



That's the reality especially if you are playing games like lottery or any game with a high house edge.

I believed gambling operators have been having a field day nowadays judging by the numbers of gamblers and the numbers of operators springing up daily however I don't subscribe to the notion that gamblers only lose a lot of money.
I believed a gambler will quit playing a game if losing consistently however with the high numbers of gamblers tells me that they are equally making money, winning jackpots etc.

Gamblers never quit for good, actually we already know that we will lose in the end, but still we love to risk and aim to win big.
Operators are benefiting from our behavior because the more we gamble, they more they will be profitable.
With millions of gamblers all over the world, and still growing, it's the reason why the gambling industry has been very profitable for them.

That is true. Most people don't realize this, and they still playing gambling and risk more money. They continue to play in the next round even if they win the game before because they want to chase another winning. But that will not always work since, in the gambling games, there is no chance to get winning in the next round, and we don't know how lucky we are in the next round.

i agree with you mate. There should always be a limit in everything we do not just in gambling anyway. although i must say that in gambling limitations is a must and that’s the special skills when we gamble. Or else we will ended up like a crying baby and worst it will lead us to be homeless.

You need to consider gambling as a method to get relaxation, rather than accumulating money. With the addition of the house advantage, there are more chances that you are going to lose a game than winning. Just classify it as a means of entertainment, just like watching movies or playing golf. Even if you go to a cinema, you need to pay for the tickets. The same thing here as well.

That is the reality of the gambling that is the reason that people should treat gambling as a form of entertainment and only bet what they can afford to lose, don't put all your family expense, you will end up a loser and miserable if you keep doing because only the gambling operator get the most win and you can end up nothing.

If you don't have enough money I may advise that gambling is not for you, because it needs a huge capital to start in gambling. People always think that gambling may source of income but that is a very wrong perception, gambling players must know how to control their selves because there are some people that the most greediness.

I agree with the statement but some people suddenly get a chance to win a single game and they settled in their life that's why the gambling field still growing and improving a lot so there opportunity is always available but how it is possible and when it is possible will not be predicted by anyone.

I do agree. The challenge of being able to win in playing gambling is really the thrill of the game which makes it more exciting for the players to keep on trying all over again to take the risks of trying their luck on winning up the games they have engaged with. Actually it is not totally nobody wins in gambling, it is just that it is really very hard to win on gambling because it is primarily a game of chances and luck and only few people can be able to have a winning streak upon playing it. But despite of those odds, still the thrill and excitement makes many people to still keep on playing because that is what really matters the most for some gamblers even they do know the possibilities of getting loss on playing. I am also at the same crypto casino like you which is Vegas casino and I positively agree on the enjoyment I have experienced on it due to the variety of games I can play like poker, slots and many more which is really fun and entertaining that is why I keep on playing into it all over again. Added by the fact they have great deals of bonuses for doing deposits in terms of Bitcoin which makes me no concern of losing anymore because I still do enjoy playing gambling games because of the enjoyment I can achieve through it.

With that said, one should not put everything in gambling. I mean, one should not let themselves spend more than what they can earn. Well, that's part of playing—losing. And it's part of taking the risk too. But, with the fact you have mentioned, which is about one always loses and that the house always wins, I guess one should know better. We must not let ourselves crave that winning and always have in us our self control.

People who win jackpots comes once in a blue moon. And to say that nobody actually wins in gambling is a word coming from someone that doesn't win anyway.

We win for few times and it's up on how you control your emotion if you want to continue. And if you do, you must be aware of the possible good and bad outcome.

This means that not all of them loose in gambling. This would not be incorrect to say that gambling being a world of uncertainty really makes you vulnerable and prone to loss. The house edge is often the reason in addition to many others which includes low knowledge about the game you are playing and the lack of experience of gambling out of anger or emotions. This lead many people to loss and hence only few money.

The chance to win gambling is very thin, and in the few times you play there will definitely be a victory and that victory will make you feel the ambition to always win the game and actually it will make you lose everything if you follow emotions and ambitions because you feel the desire to always win in gambling.

actually you can still have the chance to win in full, by the way you have to stop when you win and not do a long-term game that eventually you will lose everything.
Intelligence in playing and stopping when you win, and that is really luck.

That hitting jackpots are the lucky gamblers, and most of them are smart to act. They knew what would they do with the money they win, it’s more likely they will gambled the 50% of their winning and take out the 50%.

We can't win the jackpot and I myself never win any of it, this is with crypto and non crypto gambling.

50-50 for the usage of the winning, it's not part of my choice anyway but that's possible for some jackpot winners. It's already their money but if I'll win a jackpot, I'll take the portion higher for taking out.

Indeed, taking out with a higher percentage must be the smartest way... and playing the 20-30% of winnings that can win more for that is a good way to do. Well its all depends who the lucky gamblers hits jackpot.

In gambling you have to know that is an algorithm leading the websites for example, you have chances to win or lose
If you are lucky to win and you stop at the right moment, you are smart

There is people (me), who gambling for fun, cryptos of sports in general, I only spend money that I have and will not use for anything else

People who see gambling as a source of income will never ever gonna get what they want on that field and might end up losing everything if they tend to continue on their desire to earn. Gambling is a source of entertainment purposes only and it should have remained like that but with all of these people keep playing because they were addicted i guess they should start to have self-control.

Yes, I agree with you
People have to gambling only money they are afford to lose, and consider this as a fun thing to do
Sometimes you will win, sometimes not

Yep, we don't have anything with that anymore because it's their money.

Yes, it's a smart move when you have already won and you take it out and use it for something that you want. Just moderate your habit, regardless of what other people say that nobody wins in gambling, he probably isn't aware of chances.

Yes it depends on how they play and bet, because when you can maximize with the money or budget you have to spend in gambling and then you can win then it will be a good profit, but when they play with the money they have in the sense money that can lose and then they still get lost, so it's the same as no one wins in gambling even though you only consider it as entertainment to get fun.

Winning in totality is difficult to achieve but one can win actually in gambling. There is no point on one will play without having motivation to play and that is to win. I just can't imagine why OP has stated that nobody win in gambling. Probably it is because OP does not gamble so he could not state it correctly why one could not win.

Anyway, I encourage OP to play if he does not play in gambling. For sure there is a huge excitement and win.

The real thing is what you call wining?
You went to some local places with local people, gathered around each other had fun betting money, made money on some bets, lost money on others.
No one was forcing you to go in and no one would stop you from taking your winnings or leaving the game when you are satisfied with your win.
It's all your choice, if you decide to lose back what you've win.

We cannot debate if we literally take the words "nobody wins in gambling", because it's impossible.
Yes, we win, but what OP is trying to imply is we will never win in the long run, or the operators are the winners over time.

People that don't win in gambling are greedy and don't have the proper discipline to know when to stop. It is difficult to know the algorithm of a website unless someone may have exploited the system. It is just a matter of discipline to make gambling profitable. Like you, you know when to stop and take home that profit.

I know this kind of game.but the owner of the stall can also lose if there are 4 bettors and all of them place the same bet on the same color and that color show up, he has 4 bettors that he will pay four times, and if there is a big bettors that bet 1000 and all the other colors only bet 10 and the 1000 bettor color show up, it means the owner will lose, it's rare but it's possible.

  The eagerness to win will motivate us to make sensible strategy on playing gamble. Thus, most people who are playing gamble is determined to earn accumulate money and it is about how we deal the situation in order to win with gamble. And I think anyone can win gamble if we are wise enough for every deliberation and accept the conclusion.

   We are living in the world of illusions. You seemed 20% as a good enough chances to take some profit, but that's is just an illusion. The right thing you said, the house gave you 20% and for itself stayed 80%. You simply were hooked on the illusion that you have good chances for win.
   That is happening everywhere in our life, not just gambling. Due to illusions of fast and easy wealthing we got used and manipulated.
   The manipulator always wins. It's up to you to give him to manipulate or not.

I saw some video clip recently where the man puts $80 on some color and went times two then after that first bet, goes home fully loaded. Well this is the odss but if you will see, there are also people who bets in other color with large amount. Even though he paid, still there are some money he can take with him always.

Greed allow the house to manipulate us but when we use gambling for entertainment then we are not going to get worried about gambling losses,we will just have the feeling of well spend money for our luck test.

That is the hardest part to maintain, the ability to keep gambling as an entertainment purpose. Because our mood can change at any time. But yes, if we treat gambling as our main activity, the end result could be very bad. However, there are indeed gambling games that are unfair especially games being held by strangers in a crowd that usually only last for a few days or a few weeks. So, although if we gamble just for pleasure, we shouldn't gamble carelessly.

"Nobody" I don't think so!
Smart gamblers who know when to stop usually get away with it with a win,and they are only a few who have walked away with a load full of cash. Examples could be National lottery winners, casino winners and more. But if you chasing losses then you destined to lose.

I always prefer playing poker and other games which are based on your strategies only then you have the control to give a nice finish to your game. One loses and one win in a game between 2 people but one game of more than two people reflects that the winner is one and losers are many. That is the reason gambling is very risky and therefore if you want to play you should leave luck based games and start strategic games like poker.

We can consider that playing poker game is base on strategies and if you are having a good experienced on this you have a 75% probability in chances of winning. Unlike other online games just like dice, roulette and lottery they are all base on luck gambling games. These gambling games I may not consider to have profit because the house always won probably and all we want here is enjoyment while we are in gambling. But who knows, you are the one who has enough luck to defeat the house and win a huge amount.

If chances to win are 20% and you get prize 4 times bigger than bet, means expected value for win is 0.8. Which is of course in favor of game owner,  but at least it is not as bad as 20% you stated. Owner gets expected 0.2 of the bet, but he has expenses to organize game. You can compare this price with a ticket cost to other entertainment.

I wouldn't use the word "usually" here because some readers may think that whether someone wins big or not, depends on a gambler's personality while, in fact, it only depends on luck. The only thing that indeed depends on gambler's personality is how much he/she can lose. If you set limits and don't go over them you will never lose more than a certain amount, an amount which you can afford to lose, and thus will never have problems with gambling. In short, you can "predict" for yourself, what maximum amount you can lose, but you can't predict how much you can win. National lottery winners and winners of various jackpots in casinos certainly don't expect such a big win. And their winning certainly has nothing to do with their personal qualities, and has everything to do with luck.

There are who wins in gambling they experienced already because for them to win they need to stop at a certain profit. Means they control there emotions to play another round or end game and withdraw profit.

As you told us about game, it is very difficult and also very attractive game, it can be addicted gamblers, but winning is very difficult because this game is pure luck base game. So i guess only few gamblers have won in this game, and mostly they have lost. 

These are long term gamblers, and they can make money in gambling, and it's possible because they are not focus in a luck based games.
Skilled based games like Poker, guys with great skills can win but this game is not played by the majority of gamblers as they want instant results and simple game, and most of the games that has that kind of features are just luck based games, so eventually no one will win in the long run.

The main thing is that in gambling there is nothing specifically called winning. You win or you lose depending on when you stop. Because stopping the play is the biggest win and the only win for any player. If you stop and not gamble your till now earned wins then you are at a profit and you should cash out and never come back. But the casino is the winner in 99% cases because this does not happen.

Every gambler plays with their win only to lose it again. So the wins comes to you temporarily and then goes back.

That's pure greediness on the part of the gamblers, there are two things involved in gambling, either loss or win and if after winning the gambler can still loss the winning to the platform if caution is not follow. People do win gambling but if continue can also loss out the wins. Whenever i gamble and win, i stop for another day, although winnings aren't all the time.

There are always winners and on the other side, there are always losers if we make a percentage i believe only 10-20% people win went doing a gamble and the other its losses. The winner will always try to expose their gambling result to other people for marketing purpose or earn from the referral program. This it's just like went we are doing a trader, There will be someone who gets a profit but there is also someone who gets a loss.

there IS a winner it's the owner of the casino/gambling site etc.. although gamblers also wins but there are very few of them
the only reason why people say there are no winners in gambling is because they have no Idea when to stop.

Usually games on which luck decides everything nobody wins. Lottery prizes are an exception, as the prizes are huge and cumulative. Anyway, to give the prize to one person, probably millions of other people are losing money in a daily or weekly basis.
On the other hand, sports betting and poker are known by having some strategies skills involved. Although it doesn't work for everyone. Personally I'm far from this betting category since a long time already.

It is the casino owner and the gambling sites / houses which always win. They are the ones who are getting rich every day and the gamblers are losing the money. Even if few gamblers win certain amount , they keep on playing until they have lost all the money. The greed to get more and more money will never let you stop from playing and sadly, in the end every gambler will lose all of their investments and profits too.

Emotional control is one of the best way we can actually make money in gambling. I just play dices at stake. Com and lose 4 play at a role and I have to stopped for some time and resume playing again and I win six and lose 2. I will not put all my hopes in gambling I majorly focus on trading.

I think that actually someone wins because casinos would lose all the clients. they have to show that lucky one can use his chance.

They have to show? what do you mean by this? You mean, they are letting the lucky one to win in order to. show that their is someone winning? If they won, it's because they are lucky, not because the site let them juat to show off. It has nothing to do if the site is legit, even if all clients are lossing, if the site is legit, you won't lose a client.

Once you are the owner you are mostly wins but owner needs big capital before they startgambling game and we all know that they still taking a risk they still chance for them to lose their money once the people win big but the chanve for that is low. They still people who win in gambling but not always but they still owner of gambling who bankrupt too because they started gambling.

That's given already, they won't start operating if they don't see profit here.
More gamblers would give them more benefits, as they have the house edge, and the reality will speak we cannot beat the house.
Everyone can say it's true if they have the experience in gambling as most of the time we loss, that's the reality that we cannot change.

It is really getting me sick when I experience straight losses in one day, emotional stress and badly not thinking the right decision we've made. It actually happens to me and I believe with the others also.

But taking into the account that nobody could win in gambling? It's a big lie, of course, they'll have but the possibility will be thin, it might just 40% winning and 60% losing. It usually gives a huge favor into the house as it is the way helping them to survive for many years of existence.

Yeah though this is just a percent of the huge losers here in gambling,but in the end of the day it’s our self control can bring us win just like what you have said.so basically we are the reason of our own failure

Well your opinion is different from what is on the topic,we are talking about Gambler here and not businessmen,so this is not the right thread to bring this answer

Truly guilty for this knowing that I'm always in controlled with my emotions and loss several times than of winning. Hard to accept the reality but have also to accept the fact that gambling isn't for everybody. But somehow, we realize also that losses will be a part of gambling and only we can minimize this thing if we can manage to control our emotions and play perfectly.

It's not actually a secret, everybody knows this you can win on day one but it's hard to bring your success in the next days, it's hard to bring a run of success, in a week, you will eventually lose all you've had if you do not know how to stop, so if you win on day one you are lucky but don't be too sure that you can do that the next day.

Good for you that you have the control, but despite having the control, that would not change the reality that we will just loss in gambling.
Nothing is easy, that's the norms in gambling, one has to be discipline not to win, but just to minimize his loses and not be able to loss beyond his budget.

I don't think that is the case.

There are a lot of gamblers all over the world and they know the reality how gambling can affect or make their lives miserable, regret they are still even gambling. It is true that there are some people that won a lot of money but if one will be calculating the money they've won, it is still nothing because they lose more than they win.

Having control back in your own hands is the first sign that you are turning back the table on your addiction. This is a good sign for a person who wants to get rid of their addiction and start getting involved in more fruitful work.

I think a person who is able to be control and have discipline would not gamble at all. They would stop it entirely and depend on other sources of earnings or get a proper job and lead a happy and safe life away from all the debts and money lost. Discipline is something that is lacking among all gamblers, but hey, thats what made them gamblers in the first place and its going to keep it like that. ;)

There are those who wins and there are those who loses but if you are the one winning you should be able to control your greed, you must have limit on how much profit you want in that day because gambling never ends, it will continue until you lose. Be discipline and smart when gambling.

That's the real picture and that's the reality, so if you are going to a gambling site thinking that you can win and turn down the table against the gambling site, you are hallucinating, the system is well placed for a gambler to lose not every time but most of the time.

How about those who won big? is that hallucination? Reality is most of gambler loss but man don't forget that there are still player who accumulated profits. They maybe rare but still they exist. So it wasn't hallucination, it's just their luck isn't enough to become one of those successful and lucky gamblers.

Even if you have control on yourself or not but you will still have the same chances to win and lose in the same luck based game which you have started and your opponents will then increase your chances of losing much more. Furthermore, if your opponents are more advanced in the game then your chances of winning are negligible but make sure you improve your knowledge and use strategies to win the game.

I am sure that there are people who can win big in gambling and that is not a hallucination because they really got the money and take it home. Yes, I am sure that there is a gambler who can accumulate profits and make a lot of money from gambling but if we compare between people who are losing the money, then people who lose money still too many than them.

You cant hope for that one in a million possibility that your life may like the ones who are lucky enough to win the jackpot. If your that lucky then your the exception of the normal and majority gamblers who lost everything because of addiction. Have you been read news about a casino become bankrupt? No. Because house always win and players always lose. If there would people who win, there are someone who losses.

I totally agree, it all boils down to business, owners are businessmen thus they all enter in casino business to get profits, and I haven’t heard anyone who will give his/her money easily to anyone. That is why owners set up house edges that are hard to beat to their advantage.


Yes, I think so too and there’s only few people who are very lucky to win in these games, I think it is like 1 in a million or maybe 1 in a billion people who gamble can win the jackpot.

More precisely only one person can win the lottery but millions of people losing their but I'm out on that lottery which is not realist by the people who keeps buying the lottery with the dream of being a millionaire through lottery winnings someday.

The game you mentioned, I don't think I've heard of it before. Is this like in a fair?

Sounds harder to win in than most card games. The appeal seems to be like slots though - pull a lever, throw something, etc and see if you're lucky.

People CAN have a net positive gambling income, but you'd have to be extremely lucky. For most people, it's all loses.

But one of your last thread you said that there’s always a chance when someone won a Lotto with very huge amount of winnings?
Seems that you are  eating your own words or stand lol

But you are right that gambling is only place to lose money but after that we can gain happiness if only we treat his good

It maybe he realize that gambling is not all about of losing but also winning. Only we have that huge percentage of losing rather than of winning but our luck seems to play sometimes.

I do believe that mostly gamblers treat gambling as a source of living and it is quite to say that they are actually winning cause if they're, it won't stand any longer in gambling but to leave with tears.

We knew that most results are in negative sides, gamblers who played for enjoyment is less in percentage against those who treated gambling as source of their daily living, thinking that this activities will allow them to sucked up around casinos and forget about the realities.

Casino's always take their edge, business was created to generate passive profits, maybe there's some cases that individual/s won or whales played around, but the advantages still favors the casino owners.

In gambling, 99% of the gamblers are loser and the rest is winner. Imagine, 1 out of 100 is only the winner and the other sides are always losing. However, we don't know who is the lucky person. Maybe, you or me. Therefore, we need to risk in gambling until that 1% will become us.

That will be difficult to take a risk in gambling because we already have a chance to get lose in the gambling. I am not sure that 1% will become us because there are possibilities to be other people too and we don't know what will happen later. But if that 1% will be on the house side, then I am sure that the house will always take that 1% and even more than 1% as they will make the most money in the gambling industry.

So it is better to not depends on that 1%, and we need to enjoy gambling games while we can.

People would enjoy gambling if they will accept they have no chance to win in the long run, or if they are really good and they can consistently win in gambling.

I like to be in the situation where I can win consistently, but it's a lie if I will claim I'm winning when I don't really win even years in gambling.
When there is a house edge, it's hard to win, or impossible to win in the long run.
People are greedy, they win once but they won't stop, so they are still subject to losing, and that's the sad reality.

No, one wins and one loses in a game between two players so the ratio of both winning and losing is the same. When players are many and game is one then the ratio of winning is smaller than the ratio of losing in the same game. Those who are not winning in the gambling games they need to improve strategies which may help in increasing chances to win only if the game is based on strategies and tricks.

It is better for people to enjoy the game of gambling as it can give entertainment and enjoyment instead of going behind the money making process from the gambling . Most of the people run behind the money and end up losing majorly .

Yeah we also have color game here. I believe in what they say that in 100% in playing gambling only 10% was the possibilities to win it. I am just thinking how the owner of gambling site or casinos very fast to become rich imagine in many bets only one person can win the jackpot then the gambling owner can take it all. Nice Business.

If it is a luck based game then there are no opponents - thats a PvP game, unless you are talking about poker of course, where you need to outwit your opponent. That comes from practice and experience.

Can you please explain how improvement of "strategies" comes in the picture when you talk about luck based games? If you are playing dice you dont have any opponent. If you are playing sports betting, then also you dont have any opponent literally. You are playing against the house who is the omnipotent winner. You are just being milked off your money. :D

I have seen and actually played on this kind of games, at first glance you think that the operator has a big winning percentage, but actually, it's even, I have seen in one instance where the operator of the color game lose everything all the bettors bet on one color and that color comes out
and sometimes the winning color actually has a lot of big bets compared to other color.

Yes I believe that nobody wins in gambling.
If you observe in your life yes you will win for ones but the money you got in easy way also come out easyway.no body can win in gambling because much more you losses than to win.this is base on my observation for the past days I tried gambling.

Don’t believe in such statement because we know of the gambling results; one wins and one loses, chances are almost equal. This equation is only applied to games between 2 gamblers and cannot be applied to games among many players. You need to be strategic in playing a strategic game because you want to win which is possible only if you are good in applying strategies in different time frames.