Can gambling be profitable in long term ?

[ArnoldChippy]

And it's not obvious that you'll lose money gambling. I believe you are mainly talking about being addicted to slots or whatever. If you do sportsbetting, Poker or anything else that needs some sort of skill and knowledge it is not obvious that you'll lose money.

That still wont change anything, in the end you are going to relly on your luck. If you are not meant to win then despite having all the experience or whatsoever, you wont win the game. It is as simple as that and yet people cant swallow it, they thought that when they have these experiences they are going to turn the table

yes that is right that luck play one of the most important part in our life. i think that those people who are lucky they have more chances to make money in gambling. but in some format we also need to have some experience and skill through which we can increase the chances of making money in bitcoin.

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[serjent05]

And it's not obvious that you'll lose money gambling. I believe you are mainly talking about being addicted to slots or whatever. If you do sportsbetting, Poker or anything else that needs some sort of skill and knowledge it is not obvious that you'll lose money.

That still wont change anything, in the end you are going to relly on your luck. If you are not meant to win then despite having all the experience or whatsoever, you wont win the game. It is as simple as that and yet people cant swallow it, they thought that when they have these experiences they are going to turn the table

Discuss luck to a person that does not believe in it then your opinion is worthless.  Gambling is a matter of the chance to predict the right outcome.  Even dice, roulette, sportsbetting etc.  Possibilities is a possibility , some people have the method to predict the next winning number but well it is too deep to discuss that since I do not know and understand that method .  While people just say luck when they do not know the reason behind why an event happen.  But Science tells that it is a random chance and the possibility of a person to predict the right outcome of the roll.  So I guess with this in mind, there is a possibility that gambling can be profitable in long term if the house edge is removed.

[poplolnman]

And it's not obvious that you'll lose money gambling. I believe you are mainly talking about being addicted to slots or whatever. If you do sportsbetting, Poker or anything else that needs some sort of skill and knowledge it is not obvious that you'll lose money.

That still wont change anything, in the end you are going to relly on your luck. If you are not meant to win then despite having all the experience or whatsoever, you wont win the game. It is as simple as that and yet people cant swallow it, they thought that when they have these experiences they are going to turn the table

i think at least when you gamble on sports you can still rely on how your sports knowledge work to make money. compared to when you have to gamble on a game like slots or roulette where you can't rely on nothing but luck. that's what most people thinking about i guess. you can't avoid that kind fact too right?

[erwin45hacked]

And it's not obvious that you'll lose money gambling. I believe you are mainly talking about being addicted to slots or whatever. If you do sportsbetting, Poker or anything else that needs some sort of skill and knowledge it is not obvious that you'll lose money.

That still wont change anything, in the end you are going to relly on your luck. If you are not meant to win then despite having all the experience or whatsoever, you wont win the game. It is as simple as that and yet people cant swallow it, they thought that when they have these experiences they are going to turn the table

I'm not sure I understand what you are talking about, I'm not sure you understand what you are talking about either.

So basically every human that has ever participated in sports and been a professional has relied on luck? Regardless of how good they are or how much experience they have? That makes absolutely no sense and I'd suggest you to read what I wrote again and really think about it this time.

You do understand but you want to continue this useless conversation with me and I'll just play along with it. You could have do tons of research and have thousand of indicator or whatsoever that help you analyze the game but in the end it is just all luck. Luck will make even the most underrated team win again the best team

[batang_bitcoin]

Frankly I think the answer is No, On short term, You might get lucky once or twice and end up with profit but on regular and long term gambling the house edge and the casino spread is against the player (on %50 winning chance, you lose %1 for house edge), Hence I think gambling is a negative sum game on long term.

If you are a gambler and you usually play dice game everyday, the answer is no. But if you are an investor that's a different case. Many are satisfied by being an investor to different gambling sites and that makes gambling profitable in the long term and no other way but by being an investor.

[LuanX3]

Frankly I think the answer is No, On short term, You might get lucky once or twice and end up with profit but on regular and long term gambling the house edge and the casino spread is against the player (on %50 winning chance, you lose %1 for house edge), Hence I think gambling is a negative sum game on long term.

If you are a gambler and you usually play dice game everyday, the answer is no. But if you are an investor that's a different case. Many are satisfied by being an investor to different gambling sites and that makes gambling profitable in the long term and no other way but by being an investor.

Investing in casinos and gambling are two different things, it's actually a world of a difference in terms of definition. The rule goes that the house will never lose to the gamblers in the long run. If you invest then you are on the side of the house against if you are a gambler then you are in the opposite side which is the losing side. That's how gambling investments work.

[shulio]

Investing in casinos and gambling are two different things, it's actually a world of a difference in terms of definition. The rule goes that the house will never lose to the gamblers in the long run. If you invest then you are on the side of the house against if you are a gambler then you are in the opposite side which is the losing side. That's how gambling investments work.

Two different big thing and I choose to do both. I want to get money and have fun however I cant get both from the same activity therefore I also suggest people to choose investing for profit and only gamble for fun. We can win in gambling but it is hard and we are going to lose alot of money before we win

[Finestream]

Investing in casinos and gambling are two different things, it's actually a world of a difference in terms of definition. The rule goes that the house will never lose to the gamblers in the long run. If you invest then you are on the side of the house against if you are a gambler then you are in the opposite side which is the losing side. That's how gambling investments work.

Two different big thing and I choose to do both. I want to get money and have fun however I cant get both from the same activity therefore I also suggest people to choose investing for profit and only gamble for fun. We can win in gambling but it is hard and we are going to lose alot of money before we win

Being a gambler we will know that because we have been doing it for so long and of course we can easily tell if its profitable for us.
In my case it's not profitable because I don't have a good record to support it is, and because of that I choose to gamble for fun and stop my dream of becoming rich in gambling which seems impossible for me. What I can suggest to all gambler is we have to be realistic, if does not work, let's stop it.

[milewilda]

Investing in casinos and gambling are two different things, it's actually a world of a difference in terms of definition. The rule goes that the house will never lose to the gamblers in the long run. If you invest then you are on the side of the house against if you are a gambler then you are in the opposite side which is the losing side. That's how gambling investments work.

Two different big thing and I choose to do both. I want to get money and have fun however I cant get both from the same activity therefore I also suggest people to choose investing for profit and only gamble for fun. We can win in gambling but it is hard and we are going to lose alot of money before we win

Being a gambler we will know that because we have been doing it for so long and of course we can easily tell if its profitable for us.
In my case it's not profitable because I don't have a good record to support it is, and because of that I choose to gamble for fun and stop my dream of becoming rich in gambling which seems impossible for me. What I can suggest to all gambler is we have to be realistic, if does not work, let's stop it.

You dont really need to stop gambling as long you are making it as an enjoyment not on making money out of it. Its not really bad to play gambling as long you do know how to control yourself while you are playing. Having profits is just a bonus on playing if you are lucky enough but if you do lose dont get upset just to think that you are paying the fun that you ask for.

[bajing]

Investing in casinos and gambling are two different things, it's actually a world of a difference in terms of definition. The rule goes that the house will never lose to the gamblers in the long run. If you invest then you are on the side of the house against if you are a gambler then you are in the opposite side which is the losing side. That's how gambling investments work.

Two different big thing and I choose to do both. I want to get money and have fun however I cant get both from the same activity therefore I also suggest people to choose investing for profit and only gamble for fun. We can win in gambling but it is hard and we are going to lose alot of money before we win

Being a gambler we will know that because we have been doing it for so long and of course we can easily tell if its profitable for us.
In my case it's not profitable because I don't have a good record to support it is, and because of that I choose to gamble for fun and stop my dream of becoming rich in gambling which seems impossible for me. What I can suggest to all gambler is we have to be realistic, if does not work, let's stop it.

I'm agree with you, looks like impossible for us can being rich by playing gambling because we dont have enough monye for against the house even though we have a money but we never can win against the house.

[serjent05]

Investing in casinos and gambling are two different things, it's actually a world of a difference in terms of definition. The rule goes that the house will never lose to the gamblers in the long run. If you invest then you are on the side of the house against if you are a gambler then you are in the opposite side which is the losing side. That's how gambling investments work.

Two different big thing and I choose to do both. I want to get money and have fun however I cant get both from the same activity therefore I also suggest people to choose investing for profit and only gamble for fun. We can win in gambling but it is hard and we are going to lose alot of money before we win

Being a gambler we will know that because we have been doing it for so long and of course we can easily tell if its profitable for us.
In my case it's not profitable because I don't have a good record to support it is, and because of that I choose to gamble for fun and stop my dream of becoming rich in gambling which seems impossible for me. What I can suggest to all gambler is we have to be realistic, if does not work, let's stop it.

I have profit from gambling so far though I can say it is very minimal since I am always in control of my bets.  Whenever I won some amount I always prefer to stop and come back again after some day to try if I can win again.  When I lost my bankroll I stop for a week and try again after I have free funds for it then quit instantly once I bagged some winning.  This way I have my record on a positive note though I know that there is also a possibility that this winnings will turn into negative stats once I let my greed take over my playing style.

[TheUltraElite]

Investing in casinos and gambling are two different things, it's actually a world of a difference in terms of definition. The rule goes that the house will never lose to the gamblers in the long run. If you invest then you are on the side of the house against if you are a gambler then you are in the opposite side which is the losing side. That's how gambling investments work.

Two different big thing and I choose to do both. I want to get money and have fun however I cant get both from the same activity therefore I also suggest people to choose investing for profit and only gamble for fun. We can win in gambling but it is hard and we are going to lose alot of money before we win

Being a gambler we will know that because we have been doing it for so long and of course we can easily tell if its profitable for us.
In my case it's not profitable because I don't have a good record to support it is, and because of that I choose to gamble for fun and stop my dream of becoming rich in gambling which seems impossible for me. What I can suggest to all gambler is we have to be realistic, if does not work, let's stop it.

I'm agree with you, looks like impossible for us can being rich by playing gambling because we dont have enough monye for against the house even though we have a money but we never can win against the house.

First of all gambling does not assure win and neither any thing you do can assure you that you will win it. It has a luck factor in it. In case of EV- games in gambling the house edge will wipe away your balance after every green streak and you will end up back at the state you started from. You cant win a gambling game by playing more and more - contrary to other games where practice makes perfect. However in EV- games along with luck other factors are more important.

[Roboabhishek]

Yes, it can be profitable in the long term only if you are betting low amount.
In case you are making 5-10% of your bankroll on a single bet then keep your session short because there is a big chance to get busted in a short time.

[siti25]

Yes, it can be profitable in the long term only if you are betting low amount.
In case you are making 5-10% of your bankroll on a single bet then keep your session short because there is a big chance to get busted in a short time.

Putting a low-wager bet will make you gain little by little or make you lose money little by little. But I prefer this way, putting bets on a low amount. Because at least we will not lose a lot of our money at once when lost, but we still have a lot of money to place bets elsewhere.

[bitcircle]

Yes, it can be profitable in the long term only if you are betting low amount.
In case you are making 5-10% of your bankroll on a single bet then keep your session short because there is a big chance to get busted in a short time.

Nah it can't be that is proven by all old gamblers on this forum even with low limit too. I got busted so many times even get started just for fun because it is much hard to keep control on over our emotions while betting in winning streak.

[Gandam23]

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

It depends since there is no assurance in gambling. In just a minute, you can lose everything have in gambling thus it's not profitable in ling term but in short term since gambling's prupose isn't for regular game, it's a decent game.

[PokerFace3]

Yes, it can be profitable in the long term only if you are betting low amount.
In case you are making 5-10% of your bankroll on a single bet then keep your session short because there is a big chance to get busted in a short time.

Nah it can't be that is proven by all old gamblers on this forum even with low limit too. I got busted so many times even get started just for fun because it is much hard to keep control on over our emotions while betting in winning streak.

It may be profitable only if you learn over your experiences. If you get busted then you must avoid such type of gambling/gambling site/strategy.
If you keep improving yourself then one day you may find yourself making profits.

[arseaboy]

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

It depends since there is no assurance in gambling. In just a minute, you can lose everything have in gambling thus it's not profitable in ling term but in short term since gambling's prupose isn't for regular game, it's a decent game.

This is true and this what really happens to some. There's no guarantee if you'll always in gambling for me it's all depends on your luck so that's why it's really not profitable in the long run. It's not advisable for you to profit in gambling just learn and trading it would be much better than gambling.

[AicecreaME]

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

It depends since there is no assurance in gambling. In just a minute, you can lose everything have in gambling thus it's not profitable in ling term but in short term since gambling's prupose isn't for regular game, it's a decent game.

This is true and this what really happens to some. There's no guarantee if you'll always in gambling for me it's all depends on your luck so that's why it's really not profitable in the long run. It's not advisable for you to profit in gambling just learn and trading it would be much better than gambling.

Gambling is not going to be profitable if you are not that lucky on it, you could know it on the first time you've tried gambling, if you are going to lose many times on the first try, then this means that you are not for gambling, maybe there is another thing for you, for example is Trading, in this way you could earn easy money and not on gambling.

[qwertyup23]

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

Anything is possible...so yes, it can.

But statistically...the chances, that it won't is probably much much bigger and probable.

I respectfully disagree. Yes, it may seem possible but the idea behind gambling is that it creates and endless cycle of people going-in and out of it regardless if they won or lost. Still, the bottomline is they will still go back to gamble their money until they realize that all of their earnings are gone. Gambling is only profitable short-term and shall be moderated because of its addicting effects. I know a lot of people who lost everything even their families due to gambling. The one thing that people should always know before gambling their stuff is to know when to stop.