Betting based on your personal views and feelings is the way to lose, in this case Donald Trump looks like a really bad choice for betting, so if you bet some big amount on him just because you like him you may suffer double loss: one because your favorite candidate has lost, and the second because you also lost the money.

Still it doesn't guarantee any future, for example Moneypot was providing a good profit half a year ago, maybe in a few months Betking and Safedice will be in red for some time. Diversifying investments seems like a good idea to make profit more consistent and less risky.

Investing and trading also involve risking your money for a profit yet no one calls it gambling. Sports betting has something in common with the former as you can try to predict outcomes by reasoning.
So, is sports betting a sort of gambling? Yes, because its outcomes are much more random than in trading or investing, so it's very hard to have reliable profit from it, which makes it gambling by definition.

The smartest thing you can do in gambling is to make a monthly limit for the amount you deposit on gambling sites and never ever cross it. Than you should split this amount between your gambling sessions (for example 4 sessions per month). By managing your money this way you will not lose more than you can not afford to.

Gambling brings be good and reliable profit because I'm investing in casinos bankroll. Gambling is made to bring profit to casino operators and by investing my money I'm becoming their partner and they share profit with me.

Your title is misleading, if you have 0.001 BTC bankroll your chances of winning 0.005btc-0.01 btc would be 20% and 10% accordingly (this is numbers without house edge, real numbers are slightly lower).
So in fact you have 8 or 9 out of 10 chance of losing. By using this strategy every day you can expect to lose part of your wagered amount equal to the house edge, just like with any other strategy.

Why would we need an AI for dice? Gambling is supposed to be based on randomness, bringing some agent that decides winners and losers only creates a field for cheating, I don't see any benefits for players.

You can try creating some other games with your A.I. but you won't be able to control outcomes if those games are competitive, like chess or checkers.

Many players like to blame their losses on cheating which is very bad for business and usually result in immediate chat ban.
Players should carefully gather evidence of cheating to support their claims if they want to be taken seriously by gambling community.

Here's my thoughts why many people lose in the long run.

When you look at the profit chart it will look like a random wave - sometimes you are in profit, sometimes in loss and you always oscillate between profit and loss from your total of gambling activities, while being slightly pushed to the loss side due to the house edge. Now the thing is most players don't quit on their profit peak, they always want more money and eventually fall into lose zone, which becomes harder to get out from, because it requires some amount of money to recover all your losses.

Usually they don't do any "things" and are provably fair. House edge is purely mathematical, lets for example look at Dice.

You can roll anything from 0 to 100 and bet that you hit some range - the smaller the range - the bigger the reward. But casino has a slight edge, so your reward will be slightly smaller than the risk.

In this Dice example with 2x payout chances to win would be 50% with 0% house edge, 49.5% with 1% house edge, 49% with 2% house edge, etc.

Outside of obvious difference in risk in money, games are supposed to be winnable if you put enough of effort, players are in control of the outcome. In gambling outcome is random, and usually gambling operators have a small amount of control which is called "house edge".

This is only true if you have enough skill and knowledge to predict outcomes over the long run, otherwise you may lose much more than in standard casino games.
People recommend sports betting because it has potential to have positive expected long term value, unlike casino games, where the house will always be in advantage.

What is great about Bitcoin casinos is that their Provably Fair system effectively eliminates any cheating, you simply can't beat the math behind they cryptographic random seeds.

In my opinion Bitcoin casinos are much better than real casinos or other online casinos, because they are relatively anonymous, easy to access, fast, truly fair and have the lowest house edges.

Never give loan to a gambler, and I also suggest you to tell all his friends to not give him any money either. Try to go out with your friend, take part in some healthy activities.
Explain him that gambling can't be a reliable source of profit and that he should work hard to earn money, instead of believing in luck.

I can make an awesome Russian translation for a bounty, PM me for details.
Nyan! :3

You don't need to have 1 BTC to start investing, for example the minimum investment amount at Crypto-Games is 0.01 BTC, it is around the same on other sites.

I think it's wise to invest some part of your savings in crypto casinos, you will have reliable profit without worrying much about it.

This is right.
Some people on this forum think that house edge is unfair and it's something like cheating, but they forget that casinos had a lot of spendings: servers, security, advertising, development, stuff salaries and so on.
If we take real casinos, they have even more spending, so their house edge is much bigger (2.5 % - 5 %).
In this light gamblers should view house edge as a payment for organization of gambling.

Bitcoin gambling becomes a very saturated market, so you have to do a lot of work to create a popular gambling site.

First you need to make a very good user interface, players must always feel comfortable and never get annoyed even after hours spent on your site.

The second important thing is chat - people will simply stay and gamble more if they can talk with other players.

After that comes all additional features like bonuses, tournaments, faucet, etc.

After launch you just need to heavily invest in advertising and never stop looking for opportunities to promote your casino.

If you have gambling problem and want to quit, you can play with your friends while using play money, this will help you to gradually reduce your addiction and will let you to socialize with people and have fun at the same time.