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Author Topic: Can gambling be profitable in long term ?  (Read 112186 times)
eann014
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July 03, 2017, 06:02:20 AM
 #3001

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Your expectations are simply too high, if you are lucky  you could earn that in a day, but since the odds are not on your side the most likely outcome is that you lose more money than you earn, by generations gambling has seemed like a way to earn some money with ease, but the truth is, that earning money in gambling is one of the most difficult things to do.
I agree with you to earn money in gambling isn't easy because we can only win at a certain moment and it is impossible we can win in gambling every day so it is very impossible to believe if they say can win every day in gambling.
That's true, if we are not lucky enough to win we will never win the game so at the same time we also lose money. It is really not easy to win all the time when we play gambling. But maybe we can less our losses to just bet with small amount.
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July 03, 2017, 06:53:31 AM
 #3002

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Your expectations are simply too high, if you are lucky  you could earn that in a day, but since the odds are not on your side the most likely outcome is that you lose more money than you earn, by generations gambling has seemed like a way to earn some money with ease, but the truth is, that earning money in gambling is one of the most difficult things to do.
I agree with you to earn money in gambling isn't easy because we can only win at a certain moment and it is impossible we can win in gambling every day so it is very impossible to believe if they say can win every day in gambling.
That's true, if we are not lucky enough to win we will never win the game so at the same time we also lose money. It is really not easy to win all the time when we play gambling. But maybe we can less our losses to just bet with small amount.
That's why its important for us to put limitation and a good money management when we do play gambling in order to minimize lose when we are playing it. Gambling cant be profitable in long run specially on luck based games and with this instead of winning money we would eventually lose even more but there are type of games which can be possible to make income if you are really good at it.

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July 03, 2017, 10:02:48 AM
 #3003

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Your expectations are simply too high, if you are lucky  you could earn that in a day, but since the odds are not on your side the most likely outcome is that you lose more money than you earn, by generations gambling has seemed like a way to earn some money with ease, but the truth is, that earning money in gambling is one of the most difficult things to do.
yes that is right, in gambling luck is one of the most important factor. our winning and losing depend on our luck if we are  not lucky ever after a good experience we cannot make money, but if we have good luck then our lack of experience and skill in gambling on one can stop us from winning the best. so experience is not as much important in gambling as important is our luck.
It is definitely based on your approach and I believe those professional gamblers are more concern in developing their skills that just simply relying on their luck. Even me who's not a professional yet does not fully believe that only luck is what we need in order to win in gambling because if we will try our best and find a good strategy to win, we could have a win in a consistent manner but not for games which are based on luck.

With games that are purely based on luck, there is little to no strategy that we can use. However, we can do bankroll management and session management with games that are based on luck. But these are really hard to do that is why we just play for fun and entertainment.

In games where the odds are against us its better to control our bankroll and time of playing more than the urge of playing. But then one needs to focus on other things to keep themselves away from the games otherwise the craving will eventually take over. In the long term the net profit for any player is negative. Hence one must have control over the games or better yet dont gamble at all.

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July 03, 2017, 10:44:55 AM
 #3004

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.
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July 03, 2017, 10:57:27 AM
 #3005

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.

It rarely is profitable in the short term much more if we talk a out long term. Your chances are slim if you gamble for an extrnded amount of time and instead of esrning profits, you may well end up losing. That's the usual case for those thinking gambling can make them earn a lot if they invest time and money in it.

 
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July 03, 2017, 11:48:52 AM
 #3006

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.

In the long term, everyone will most likely lose however with some variance you could win. Dont even hope that you could be lucky and hope that variance help you to win. In the end you are going to really rely on your luck so why would you go for long term when you know that you have better shot in the short term?
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July 03, 2017, 12:05:43 PM
 #3007

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.

In the long term, everyone will most likely lose however with some variance you could win. Dont even hope that you could be lucky and hope that variance help you to win. In the end you are going to really rely on your luck so why would you go for long term when you know that you have better shot in the short term?

Make sense. With the game of luck, there is no such thing as long or short term - you will win because you are lucky and you will lose because you are not. That is really what happened with gambling. However, if it is based on skills like poker, well it is a different story already.
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July 03, 2017, 06:19:00 PM
 #3008

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Wink Well it can be profitable if you're a lucky guy, but making it a hobby is not good, because usually when you're a gambler the more you lose your money the more you want to have it back, so I think if you'll just have one lucky day of your life take chance of that luck and gamble all you want, but make sure not to make it a habit.

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July 03, 2017, 06:33:01 PM
 #3009

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Wink Well it can be profitable if you're a lucky guy, but making it a hobby is not good, because usually when you're a gambler the more you lose your money the more you want to have it back, so I think if you'll just have one lucky day of your life take chance of that luck and gamble all you want, but make sure not to make it a habit.
Gambling can be Profitable, by following simple rules - involve with luck and skill. When we're talking about the term of "long-term" there are varieties, Certainly not from casino games. But remember, sports betting is a long-term high variance form of gambling. You won't win every time I mean long time seems difficult to happen.
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July 03, 2017, 07:11:01 PM
 #3010

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Wink Well it can be profitable if you're a lucky guy, but making it a hobby is not good, because usually when you're a gambler the more you lose your money the more you want to have it back, so I think if you'll just have one lucky day of your life take chance of that luck and gamble all you want, but make sure not to make it a habit.
Gambling can be Profitable, by following simple rules - involve with luck and skill. When we're talking about the term of "long-term" there are varieties, Certainly not from casino games. But remember, sports betting is a long-term high variance form of gambling. You won't win every time I mean long time seems difficult to happen.

I agree with you per my own experience you'd see it is profitable but you'll not win always but then if you stay disciplined enough and maintain a specific bankroll then you stand a chance of being successful else forget it you'll get burned by the house eventually.
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July 03, 2017, 08:55:12 PM
 #3011

Gambling can be profitable in long run if you play and win eurojackpot or any kind of very high jackpot.
Only few people are lucky enough to win jackpot, and most of them gamble or waste that money and become poor. You can't win if odds are always against you but you can win from time to time and rest of the time you will lose.
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July 03, 2017, 09:38:21 PM
 #3012

Gambling can be profitable in long run if you play and win eurojackpot or any kind of very high jackpot.
Only few people are lucky enough to win jackpot, and most of them gamble or waste that money and become poor. You can't win if odds are always against you but you can win from time to time and rest of the time you will lose.
yes I agree with you that gambling can be profitable in long term, but if you play it in discipline, and with some strategy. I have a friend I know him from a long time he is a regular gambler and in fact he has a lot of money, his only job is to play gambling and mostly on sports, now he has such a good experience in sports gambling that I personally saw his bet which he win and now he has even started his own book.
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July 03, 2017, 09:51:47 PM
 #3013

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.

In the long term, everyone will most likely lose however with some variance you could win. Dont even hope that you could be lucky and hope that variance help you to win. In the end you are going to really rely on your luck so why would you go for long term when you know that you have better shot in the short term?
in the long term if one plan on gambling for such a long time, they are going to lose all if not most of their money, Gambling is advisable for the short time but if you see yourself not winning then why continue at all.

 
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July 03, 2017, 10:19:12 PM
Last edit: July 03, 2017, 10:32:59 PM by Cherylstar86
 #3014

Gambling can be profitable in long run if you play and win eurojackpot or any kind of very high jackpot.
Only few people are lucky enough to win jackpot, and most of them gamble or waste that money and become poor. You can't win if odds are always against you but you can win from time to time and rest of the time you will lose.
That's a good idea to play gambling and win with eurojackpot and other gambling games of higher jackpots, but only with bigger amount of money to invest with and to those who have smaller amount I think it won't be profitable in long term. You're right most of the people were just wasting money and became more poorer due to extreme gambling activities, and as I had observed with them they don't just mind lossing despite of all frustrations they had from gambling. Gambling is a good hobby for those rich and wealthy people playing with their money for fun, and a bad idea for poor people if they ride on what rich people are enjoying.
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July 03, 2017, 10:53:26 PM
 #3015

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Not all the time you are able to win in the games everytime you put yourself in gambling.
So therefore, 100$ is not realistic for an ordinary player in the gambling games.
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July 04, 2017, 05:41:18 AM
 #3016

Gambling has never and will never be profitable at all. There wouldn't be gambling sites if it is ever profitable. The house edge makes it such that in the long run, the person would lose at least 1% eventually given that he have enough bankroll. Realistically, it has never happened before because varience often makes people experience a huge lose streak.
Gambling is never profitable in long terms even in short terms because the moment a person win once he will think he will win again and he will risk much more than his first try thinking he will earn more but he will be shock that he will lose more than what he had given. Yeah some people are lucky to always win but ofcourse people are all different from one anothe.




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virasisog
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July 04, 2017, 05:49:20 AM
 #3017

Gambling has never and will never be profitable at all. There wouldn't be gambling sites if it is ever profitable. The house edge makes it such that in the long run, the person would lose at least 1% eventually given that he have enough bankroll. Realistically, it has never happened before because varience often makes people experience a huge lose streak.
Gambling is never profitable in long terms even in short terms because the moment a person win once he will think he will win again and he will risk much more than his first try thinking he will earn more but he will be shock that he will lose more than what he had given. Yeah some people are lucky to always win but ofcourse people are all different from one anothe.
i disagree because if you know how to play effectively in the selected games that will give you a profit .There are Professional gamblers that are winning and they take advantage on the games that they think and analyze when is the time that their chances of winning is big.
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July 04, 2017, 09:48:35 AM
 #3018

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.

You are correct in that information mate. Most gamblers who are addicted only have their minds poisoned by the advertisements of the casino and they no longer think before betting bigger and bigger amounts. If not making bigger bets they obviously chase their losses and try to win it back. Even if they do win it back their greed draws them back and they lose money again and the cycle continues.

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Vaskiy
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July 04, 2017, 11:54:30 AM
 #3019

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.

You are correct in that information mate. Most gamblers who are addicted only have their minds poisoned by the advertisements of the casino and they no longer think before betting bigger and bigger amounts. If not making bigger bets they obviously chase their losses and try to win it back. Even if they do win it back their greed draws them back and they lose money again and the cycle continues.
Yes, its a cyclic process and very few get out of it and the rest travels in the dilemma to retain the loss which happened earlier. In my opinion this is not the right way to get back the loss. Learn more about gambling and slowly participate with smaller amounts. The experience will help you retain the loss, but takes time. Only the luckiest gets the loss retained in a short time.

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July 04, 2017, 12:05:33 PM
 #3020

I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.

You are correct in that information mate. Most gamblers who are addicted only have their minds poisoned by the advertisements of the casino and they no longer think before betting bigger and bigger amounts. If not making bigger bets they obviously chase their losses and try to win it back. Even if they do win it back their greed draws them back and they lose money again and the cycle continues.

Their mind poisoned? what are you trying to say exactly? No one force you to gamble and people are not that stupid when they see a gambling site advertisement thus that made them want to gamble. Some people know that they wont win however they want to try their luck so I guess there is nothing wrong with that because they understand the risk
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