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Author Topic: Can gambling be profitable in long term ?  (Read 112186 times)
zkt
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July 04, 2017, 12:57:20 PM
 #3021

Gambling isn't supposed to be profitable particularly on long term, There is always a house edge, regardless of the game or type of betting, This house edge might not cover over a short term or few bets, but mathematically, majority of players would fall under this house edge over long term. So No, I don't think it can be profitable (except for a lucky minority, but mostly not).
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July 04, 2017, 01:37:15 PM
 #3022

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.
what makes you think you can always selecting the right game to win?
i think even a pro will suffering lost when there is an unexpected games which it is almost sure happened everytime ,
because it is gambling where everything nevet get predicted ,
don't too excited to gamble or you could get hurt for that hopes which never come.
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July 04, 2017, 05:07:37 PM
 #3023

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.
The size of your bet is irrelevant when it comes to the odds of winning and losing, the only difference is that you are not going to feel so bad if you only lose a dollar compared to losing 100 dollars that is the difference, also since you are betting lower amounts you could play for longer periods of time, but make no mistake the odds are the same no matter how high or low is your bet.

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July 04, 2017, 08:11:34 PM
 #3024

The size of your bet is irrelevant when it comes to the odds of winning and losing, the only difference is that you are not going to feel so bad if you only lose a dollar compared to losing 100 dollars that is the difference, also since you are betting lower amounts you could play for longer periods of time, but make no mistake the odds are the same no matter how high or low is your bet.

Well I feel bad when I lose more than $10 in one bet so I always keep it low. Well I dont really want to win for profit but I only want to win so that I can have fun, I play mostly with amount lower than $1 for each of my bet so that even if I lose then I wouldnt feel sorry for myself even if everything is gone
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July 04, 2017, 11:18:38 PM
 #3025

If you stop gambling at a right time then it can be profitable for you but if you keep on gambling again and again then it will never help you either in short term or even in long term as you will surely loose everything that you have won so far if you don't quit.

                   
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July 05, 2017, 02:52:30 AM
 #3026

If you stop gambling at a right time then it can be profitable for you but if you keep on gambling again and again then it will never help you either in short term or even in long term as you will surely loose everything that you have won so far if you don't quit.
if you stop with a profit you will be profitable but if you go further you might lose because most of the gamblers loses in the long run.
We have to fully understand the risk and since th house has the advantage it is unlikely for gamblers to succeed.
I know we can feel that through our experience, therefore we have to learn.

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July 05, 2017, 09:55:02 AM
 #3027


in gambling so needed something tricks in order to achieved the goal to gain a big advantage when you play a gamble, but if you stop in the gambling at the moment just right will certainly be beneficial for you in the long run. by the way you have to know when you want to lose should immediately stop the game gambling Cheesy
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July 05, 2017, 10:04:23 AM
 #3028


in gambling so needed something tricks in order to achieved the goal to gain a big advantage when you play a gamble, but if you stop in the gambling at the moment just right will certainly be beneficial for you in the long run. by the way you have to know when you want to lose should immediately stop the game gambling Cheesy
its harder to say that you can or we can do that in the right time as we knew gambling is really addicting activity and you almost forget time and your plan strategies when you are still in a winning part then suddenly got overlooked and loses so better to practice this before planning to go in a long term goal.
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July 05, 2017, 10:21:48 AM
 #3029

If you stop gambling at a right time then it can be profitable for you but if you keep on gambling again and again then it will never help you either in short term or even in long term as you will surely loose everything that you have won so far if you don't quit.
if you stop with a profit you will be profitable but if you go further you might lose because most of the gamblers loses in the long run.
We have to fully understand the risk and since th house has the advantage it is unlikely for gamblers to succeed.
I know we can feel that through our experience, therefore we have to learn.

yes i am agree but not all of us can stop with a profit and we can not get win in every time we playing gambling. beside to understand that gambling can not be profitable in long term, we should thinking about the risk to loss our money while we are playing gambling. its better to playing gambling in short term and not expecting to make profitable in long term.

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July 05, 2017, 11:02:48 AM
 #3030


in gambling so needed something tricks in order to achieved the goal to gain a big advantage when you play a gamble, but if you stop in the gambling at the moment just right will certainly be beneficial for you in the long run. by the way you have to know when you want to lose should immediately stop the game gambling Cheesy
its harder to say that you can or we can do that in the right time as we knew gambling is really addicting activity and you almost forget time and your plan strategies when you are still in a winning part then suddenly got overlooked and loses so better to practice this before planning to go in a long term goal.

That is why the more emotional you are in your gambling session, the more likely that you are going to lose because you are no longer following your game plan. Hence, we should only follow strategies that we believe works and do them strictly without even questioning it so that you can really test if you will going to make profit.
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July 05, 2017, 11:20:54 AM
 #3031

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

Of course no one forces one to gamble but if one is stupid enough they will fall the traps of the casino owners. In fact every business these days are made by poisoning people's minds - every business - otherwise you cannot dominate the market. And fact is everyone's mind is poisoned by someone in order the other party may earn from the customer. In these cases the people dont understand the risk until its too late - and then long term gambling becomes lethal.

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July 05, 2017, 11:32:40 AM
 #3032

If you stop gambling at a right time then it can be profitable for you but if you keep on gambling again and again then it will never help you either in short term or even in long term as you will surely loose everything that you have won so far if you don't quit.

Self Control is one thing which determines whether you will end up in profit or loss. Because if you get addicted and you play again and again you will end up in a loss for sure. Because the longer you stay in casinos to play more profits to the casinos is the general statistics. So better in short time whether you win or lose you should go away and overall you might be in more profit in the long run if you stay for shorter duration.

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milewilda
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July 05, 2017, 11:38:22 AM
 #3033

If you stop gambling at a right time then it can be profitable for you but if you keep on gambling again and again then it will never help you either in short term or even in long term as you will surely loose everything that you have won so far if you don't quit.

Self Control is one thing which determines whether you will end up in profit or loss. Because if you get addicted and you play again and again you will end up in a loss for sure. Because the longer you stay in casinos to play more profits to the casinos is the general statistics. So better in short time whether you win or lose you should go away and overall you might be in more profit in the long run if you stay for shorter duration.

Short or long as long you do play gambling you will eventually lose up money when luck isnt on your side. Gambling cant be profitable on long term thats why its only good for entertainment and not to think off on making money on it for longer runs because most common thing do happen on the end of playing gambling is being wrecked and left a hole in your pocket.

roadbits
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July 05, 2017, 12:55:44 PM
 #3034

If you stop gambling at a right time then it can be profitable for you but if you keep on gambling again and again then it will never help you either in short term or even in long term as you will surely loose everything that you have won so far if you don't quit.

Self Control is one thing which determines whether you will end up in profit or loss. Because if you get addicted and you play again and again you will end up in a loss for sure. Because the longer you stay in casinos to play more profits to the casinos is the general statistics. So better in short time whether you win or lose you should go away and overall you might be in more profit in the long run if you stay for shorter duration.

Short or long as long you do play gambling you will eventually lose up money when luck isnt on your side. Gambling cant be profitable on long term thats why its only good for entertainment and not to think off on making money on it for longer runs because most common thing do happen on the end of playing gambling is being wrecked and left a hole in your pocket.

I agree that gambling will not be profitable in the long term, but if you control your bankroll and manage your gameplay, you can able to make a profit in the long term. This is not easy, but if you have self control, you can make it. To make money in long term, we must know when to stop our game then only it is possible.
coin_1122
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July 05, 2017, 01:31:26 PM
 #3035

I don't think so because gambling is not like trading. Trading is always a long term investment but gambling is completely pure luck, I have been gambling from year don't find any long-term investment in gambling. Gambling is always a short term profit happened within a couple of seconds.
Gumpfire
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July 05, 2017, 02:34:25 PM
 #3036

In my case no, because I will just lose my money. For some people is profitable, because they know what they are doing and how to win every day. You can do it full time if you want, but just learn how the tricks are or other things.
Just don't be addicted to it when you are losing or winning.

In my own personal opinion, gambling cannot be really profitable in a long term because gambling is not a job that you could earn money by just doing your work. Gambling is a risk that you will bet your money to double ypur bet. So there are no such people who get rich in gambling only people who owned a casino whp get rich in gambling.
preevi
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July 05, 2017, 02:42:23 PM
 #3037

I don't think so because gambling is not like trading. Trading is always a long term investment but gambling is completely pure luck, I have been gambling from year don't find any long-term investment in gambling. Gambling is always a short term profit happened within a couple of seconds.
Trading is different with gambling so it can't equated
Trading also not always make us get profit,  trading needs high skill and good instict to read market condition
If gambling can't give us long time profitable we need heavy luck to always get profit
RealPhotoshoper
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July 05, 2017, 02:52:41 PM
 #3038

If you stop gambling at a right time then it can be profitable for you but if you keep on gambling again and again then it will never help you either in short term or even in long term as you will surely loose everything that you have won so far if you don't quit.

Self Control is one thing which determines whether you will end up in profit or loss. Because if you get addicted and you play again and again you will end up in a loss for sure. Because the longer you stay in casinos to play more profits to the casinos is the general statistics. So better in short time whether you win or lose you should go away and overall you might be in more profit in the long run if you stay for shorter duration.

yeaaa it was the thing that always people did everytime come to a casino.
they have got used to it , ti gamble repeatedly no matter you win or lost they don't care about it.
to gamble occasionally is better than have to chase something uncertain such as to win in the long run?
shulio
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July 05, 2017, 07:15:40 PM
 #3039

yeaaa it was the thing that always people did everytime come to a casino.
they have got used to it , ti gamble repeatedly no matter you win or lost they don't care about it.
to gamble occasionally is better than have to chase something uncertain such as to win in the long run?

There is no way to win in the long run and we all know that. Personally I dont care about winning or losing because all I ever care about it is to have some fun. I finally manage to know the true meaning of casino and that is to have some fun. I play with my own money and Im free to use it like how I want it to
South Park
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July 05, 2017, 09:59:58 PM
 #3040

The size of your bet is irrelevant when it comes to the odds of winning and losing, the only difference is that you are not going to feel so bad if you only lose a dollar compared to losing 100 dollars that is the difference, also since you are betting lower amounts you could play for longer periods of time, but make no mistake the odds are the same no matter how high or low is your bet.

Well I feel bad when I lose more than $10 in one bet so I always keep it low. Well I dont really want to win for profit but I only want to win so that I can have fun, I play mostly with amount lower than $1 for each of my bet so that even if I lose then I wouldnt feel sorry for myself even if everything is gone
Believe me I know the feeling once I was playing poker and I happen to have three of a kind then I make a big bet and I thought that I already won when my opponent immediately calls my bet, at that moment I knew he had me beat, he had an higher three of a kind and I lost the pot, it is very disappointing to lose that way and to lose that much money but it is part of the game.

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