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Author Topic: Can gambling be profitable in long term ?  (Read 112186 times)
phreaky
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March 05, 2016, 07:27:49 PM
 #1241

Gambling can't be profitable in long term as you risk losing everything just in one bet and as it's depending only in luck

It really depends on what and how you are betting, every great payout sure have high risk. The problem is how to outcome that risk, if you can outcome it I am sure you can be profitable even though there is house edge

This is the main reason you should not bet most of your money. It's just to risky. Even if the house edge is positive.
If you want profits play the stock market. Don't play gambling games.
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LarryHocks
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March 05, 2016, 07:36:59 PM
 #1242

If you play with a good strategy i am positive you can make quite some money with gambling.
But there are no guarantees. Therefore I would never go full time with gambling.
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March 06, 2016, 06:52:13 AM
 #1243

If you play with a good strategy i am positive you can make quite some money with gambling.
But there are no guarantees. Therefore I would never go full time with gambling.

That is right, we should not go full time and profit from gambling, actually, there is no really strategy in gambling,  all those strategy that sometimes we use are just placebo, to calm us while we are betting..

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March 06, 2016, 12:08:16 PM
 #1244

If you are good,responsable and patient you can make money from sports bets or poker,but is very very hard.
Kollor
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March 06, 2016, 12:12:46 PM
 #1245

No, it is a big mistake to believe that gambling is profitable in long term...even gamblers know where their money would end up without a luck...if you start believing like that, you might end up selling your properties and losing everything you have including your family in believing that there is good future in gambling..
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March 06, 2016, 12:19:37 PM
 #1246

No, it is a big mistake to believe that gambling is profitable in long term...even gamblers know where their money would end up without a luck...if you start believing like that, you might end up selling your properties and losing everything you have including your family in believing that there is good future in gambling..

Some people make a living out of gambling and some are good at it...
It really depends on what type of gambling you play...
Online casino like dice are sure to bring you bankruptcy...
Pollak
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March 06, 2016, 01:30:19 PM
 #1247

No, it is a big mistake to believe that gambling is profitable in long term...even gamblers know where their money would end up without a luck...if you start believing like that, you might end up selling your properties and losing everything you have including your family in believing that there is good future in gambling..

Some people make a living out of gambling and some are good at it...
It really depends on what type of gambling you play...
Online casino like dice are sure to bring you bankruptcy...

In general, the average joe will never make enough money to cover losses. With this in mind the statement from the OP should be answered negative.
Since it's not possible.

nejibens
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March 06, 2016, 01:48:51 PM
 #1248

I think all gamblers know that gambling couldn't being profitable in long term because sooner or later the gambler will lose his hard earned money
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March 06, 2016, 01:50:57 PM
 #1249

I think all gamblers know that gambling couldn't being profitable in long term because sooner or later the gambler will lose his hard earned money
yes most think that way. but in my opinion if a gambler can allocate their funds in other investments such as trading, I think it could. be smart gambler. which can allocate money in the right place.
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March 06, 2016, 01:51:34 PM
 #1250

I think all gamblers know that gambling couldn't being profitable in long term because sooner or later the gambler will lose his hard earned money

That's not true, not all sports gamblers lose money in the long run if you play with control and not with your emotions and be knowledgeable about the sport you're betting on.

 

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Zaun
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March 06, 2016, 02:31:48 PM
 #1251

Gambling can be profitable on a long term that is one thing that is true, but the point is that you will need a lot of luck to succeed.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.
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March 06, 2016, 02:37:28 PM
 #1252

Yes gambling can be profitable in a long term, but its also the point of you want to consider this because of the fact that its, not a very good thing to make profit.
Due to the point gambling is very risky and you can lose a lot of money because of that fact.
Also if you think about the people that are getting addicted and lose everything I do not think its worth it.
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March 06, 2016, 02:53:36 PM
 #1253

Gambling can be profitable on a long term that is one thing that is true, but the point is that you will need a lot of luck to succeed.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.

That's the key : the luck, and as you noticed above the luck isn't guaranteed and can't be with you always, so that's way gambling is very risky method generally and most gamblers know already that gambling can't be profitable in long term
nejibens
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March 07, 2016, 05:04:15 PM
 #1254

Gambling can be profitable on a long term that is one thing that is true, but the point is that you will need a lot of luck to succeed.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.

That's the key : the luck, and as you noticed above the luck isn't guaranteed and can't be with you always, so that's way gambling is very risky method generally and most gamblers know already that gambling can't be profitable in long term

Agree with you about this point, luck isn't also guaranteed and as you can earn today you easily could lose tomorrow
Newcoins2020
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March 07, 2016, 06:00:09 PM
 #1255

Gambling can be profitable on a long term that is one thing that is true, but the point is that you will need a lot of luck to succeed.
Most people will not have this luck and will also not succeed because of that so that is pretty easy to understand if you ask me.

That's the key : the luck, and as you noticed above the luck isn't guaranteed and can't be with you always, so that's way gambling is very risky method generally and most gamblers know already that gambling can't be profitable in long term

Agree with you about this point, luck isn't also guaranteed and as you can earn today you easily could lose tomorrow

Yeah and the worst thing is that you can't control it even for a day. Meaning it's likely you will play a few days and maybe once had luck and win.
Which would never make up for your real loss
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March 13, 2016, 12:55:32 AM
 #1256



Agreed with you that anything can happen at end in any sports event but if you really have good knowledge about sports then I believe that we can predict the result most of the time.

Yup that is a good part in sports betting you can predict who's gonna win because you have an insight on the stats of the team or player that is why many are into sports betting yup most of the time your bet can won
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March 13, 2016, 01:09:36 AM
 #1257



Agreed with you that anything can happen at end in any sports event but if you really have good knowledge about sports then I believe that we can predict the result most of the time.

Yup that is a good part in sports betting you can predict who's gonna win because you have an insight on the stats of the team or player that is why many are into sports betting yup most of the time your bet can won

Yes, I do agree that if any one have a good knowledge on game then it will be easy to predict the end results. But now a days in most of the games match fixings are the one spoiling game spirit and as well as they will change the actual end results. So even though it is sure winning match also don't go for big bets, just always go with small bets to avoid big loses.
wearepoor
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March 13, 2016, 06:47:40 AM
 #1258



Agreed with you that anything can happen at end in any sports event but if you really have good knowledge about sports then I believe that we can predict the result most of the time.

Yup that is a good part in sports betting you can predict who's gonna win because you have an insight on the stats of the team or player that is why many are into sports betting yup most of the time your bet can won

Agreed with you, in all type of gambling the sports betting is best as it gives us maximum chance to make the money and if you have good knowledge about sports and if you can predict the result then there are very rare chances of loosing the money.
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March 13, 2016, 07:43:12 AM
 #1259

Not really but I saw myata in pd making profit slowly from less than 10btc to 51btc now and he only play in short time day by day. Gambling isn't profitable in the long run but he is.

JasonXG
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March 26, 2016, 05:44:17 PM
 #1260

it not possible in dice roulette and casino games.....BUt i think you can do it with BLACKJACK  

Actually you can make alot playing dice, odds are against you yes, but if you pay attention and watch out for waves you can hit streaks and make it big, just done bet more then $5 in one go rather take $50 and use $5 at a time then $50 in one go, you actually can make multiple times your starting value but it's not easy, doubling is hardest then it becomes easier as you increase bankroll. But you have to take risks, and compose yourself, most people lose because when they make a bad bet they stress and try recover with silly risky moves and lose everything. The games designed to make you lose everything whcih is why you use $5 not $50.
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