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Author Topic: Can gambling be profitable in long term ?  (Read 112186 times)
South Park
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July 15, 2017, 02:36:59 PM
 #3161

If you have enough wiseness to do it, you can.

Actually, you cannot make a 100% sure prediction that the lucky streak will continue or the losing streak will stop.Of course, there is a reason behind this uncertainty. Even if he/she has a wiseness strategy,gambling will not be a long term profit.
Correct, it is impossible to predict whether our luck will continue or it will run out, in fact that is one of the principles of our universe, there is randomness that we cannot predict, if we could I would have unveiled the principles of the universe long time ago.

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July 15, 2017, 02:58:52 PM
 #3162

If you have enough wiseness to do it, you can.

Actually, you cannot make a 100% sure prediction that the lucky streak will continue or the losing streak will stop.Of course, there is a reason behind this uncertainty. Even if he/she has a wiseness strategy,gambling will not be a long term profit.
Correct, it is impossible to predict whether our luck will continue or it will run out, in fact that is one of the principles of our universe, there is randomness that we cannot predict, if we could I would have unveiled the principles of the universe long time ago.

If you worry about the investment amount on gambling, you have move backward once you see the continuous loose in gambling whether it is casino or betting. In these both option you need to be little aware of the loosing money and need to overcome the failure.
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July 15, 2017, 06:00:37 PM
 #3163

If you have enough wiseness to do it, you can.

Actually, you cannot make a 100% sure prediction that the lucky streak will continue or the losing streak will stop.Of course, there is a reason behind this uncertainty. Even if he/she has a wiseness strategy,gambling will not be a long term profit.
I think not only in gambling but I think even in trading and investment we cannot give a 100% prediction. And the is only because that luck is always there in every profession, we mostly depend on our luck and no one can say any think about luck in advance. Therefore we cannot give 100% prediction. We can only speculate and forecast, in gambling no one know in advance that either in long run we can make money or not.

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July 15, 2017, 07:24:49 PM
 #3164

I really doubt that it is possible in long term. Yes, there are numerous poker players who win often and a lot, but much much more other people who are losing their money.

The only way to be profitable in long term is ownership of casino company or poker rooms
Probably the one who is losing are the ones where the money comes from the players win and the casino is happy from that because they earn something from the loss of somebody. In the long run, the casino always wins and there is nothing you could do about it.
I guess not all the time that casinos always wins in a long run because there are gambler that wins and hit a jackpot so that gambler wins and not the casinos.
Very few makes a winning with casinos and that too won't happen regularly. In reality the winning chances on gambling is quite low compared to loss. So gambling will be profitable in long term with the user who is lucky. This can be a sports betting or else the other form of gambling.
Different  people have different opinion about that. To i think there are a lot of people who are making money in gambling.

I think only those people who do not have any strategy or planning for gambling and those people who play gambling without any limit they are mostly lose money, and  because of such people gambling have got such a bad image. In my area know about so many people who are making good money in gambling.
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July 15, 2017, 07:36:24 PM
 #3165

I think not only in gambling but I think even in trading and investment we cannot give a 100% prediction. And the is only because that luck is always there in every profession, we mostly depend on our luck and no one can say any think about luck in advance. Therefore we cannot give 100% prediction. We can only speculate and forecast, in gambling no one know in advance that either in long run we can make money or not.

There is no way to give 100 % prediction of what is going on but we are sure that we are going to lose in the long term 100 % . We know this and I based on my experience is going to tell you guys that we wont really have any chance to win , that is why only play for fun and dont hope too much to win everytime you play
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July 15, 2017, 08:24:30 PM
 #3166

I think not only in gambling but I think even in trading and investment we cannot give a 100% prediction. And the is only because that luck is always there in every profession, we mostly depend on our luck and no one can say any think about luck in advance. Therefore we cannot give 100% prediction. We can only speculate and forecast, in gambling no one know in advance that either in long run we can make money or not.

There is no way to give 100 % prediction of what is going on but we are sure that we are going to lose in the long term 100 % . We know this and I based on my experience is going to tell you guys that we wont really have any chance to win , that is why only play for fun and dont hope too much to win everytime you play

The sentence from me is not too complicated, but you can benefit without having to speculate about the percentage and the actual number that's just a prediction. Keep playing and do sharp analysis because gambling requires only nerve thought and comfort, if we can control it, emotional impulses will vanish.
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July 15, 2017, 09:45:19 PM
 #3167

i just want to say '' when you know to stop , when you know to cashout your profit '' this is the reall gambler for me Wink
trust me gambling its all about your mentality and 100% luck.

I wouldn't say that gambling is only about luck, there are some strategy involved in it.  Of course sometimes you will win only because you got lucky and that works in dice rolls or any other casino games, but strategy can also bring you profit if you have bad luck in poker. So i would say that gambling is 70% luck and 30% skill and strategy it depends on game you play though.

 
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July 15, 2017, 09:55:12 PM
 #3168

i just want to say '' when you know to stop , when you know to cashout your profit '' this is the reall gambler for me Wink
trust me gambling its all about your mentality and 100% luck.

I wouldn't say that gambling is only about luck, there are some strategy involved in it.  Of course sometimes you will win only because you got lucky and that works in dice rolls or any other casino games, but strategy can also bring you profit if you have bad luck in poker. So i would say that gambling is 70% luck and 30% skill and strategy it depends on game you play though.
There is no certain percentage that would determine our chances of winning in gambling, your main goal is to make money therefore you set your own strategy so you will know how to improve it along the way. For sure, success is not instant and only if you are smart enough where you have a good chance of winning in the long run, luck is only a small factor when talking of long term success though.

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July 15, 2017, 11:16:28 PM
Last edit: July 18, 2017, 04:19:23 AM by wahb
 #3169

i just want to say '' when you know to stop , when you know to cashout your profit '' this is the reall gambler for me Wink
trust me gambling its all about your mentality and 100% luck.

I wouldn't say that gambling is only about luck, there are some strategy involved in it.  Of course sometimes you will win only because you got lucky and that works in dice rolls or any other casino games, but strategy can also bring you profit if you have bad luck in poker. So i would say that gambling is 70% luck and 30% skill and strategy it depends on game you play though.
i think there are some other formats of gambling where we are not only depending on our luck but we also use our experience and analysis. for example in sports gambling we have advantage to use our experience and analysis. we also need good gambling skill so that to increase the chances of making money from gambling and reduce the risk of losing bitcoin.
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July 15, 2017, 11:28:41 PM
 #3170


I wouldn't say that gambling is only about luck, there are some strategy involved in it.  Of course sometimes you will win only because you got lucky and that works in dice rolls or any other casino games, but strategy can also bring you profit if you have bad luck in poker. So i would say that gambling is 70% luck and 30% skill and strategy it depends on game you play though.
There is no certain percentage that would determine our chances of winning in gambling, your main goal is to make money therefore you set your own strategy so you will know how to improve it along the way. For sure, success is not instant and only if you are smart enough where you have a good chance of winning in the long run, luck is only a small factor when talking of long term success though.

When I started gambling,, I immediately thought about strategy,, so I could start earning every profit.,, and really gamble not rely on luck, but the strategy needed...
I have clear evidence in the past few months.

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939a1cb13f201b31c568af9fb4adf536b310247308ab75ea1a2112872f217354
1 mBTC
May 20th 2017, 22:22
520db2cb42dc1ea31c1e9b9dd25d3557028f5f76d4d47a93def382a22d410058
2 mBTC
May 20th 2017, 21:44
66e8f07d1828c8bef7ce70b26c9260dadd25cc5b2aac5159de779b1c28767909
2 mBTC
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July 16, 2017, 10:53:33 AM
 #3171

Maybe but it depends on the people and where they gamble. If they are good sports analyst or have a good skills in predicting you or they will earn a lot in sports betting. For me sports gambling is the easiest way to earn. Combination of luck and analytical skills will surely give you an advantage over it unless the team you were betting is playing bad in their game. Always gamble money that you can afford to lose so you won't end up crying when you lose it all.
Yes there are some gambling games where we not only  depend on our luck, but our experience and skill also play important role. For example if a person have good experience in sports gambling and he also know about a game and about the players or teams then he can really give a  good analysis about that game and have more chances to make money there.
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July 16, 2017, 11:13:53 AM
 #3172

If you have enough wiseness to do it, you can.

Actually, you cannot make a 100% sure prediction that the lucky streak will continue or the losing streak will stop.Of course, there is a reason behind this uncertainty. Even if he/she has a wiseness strategy,gambling will not be a long term profit.
Correct, it is impossible to predict whether our luck will continue or it will run out, in fact that is one of the principles of our universe, there is randomness that we cannot predict, if we could I would have unveiled the principles of the universe long time ago.

If you worry about the investment amount on gambling, you have move backward once you see the continuous loose in gambling whether it is casino or betting. In these both option you need to be little aware of the loosing money and need to overcome the failure.


Gambling is not an investment per se. If you think of investing your money go for trading and buying altcoin to sell, they are much more profitable. In gambling if one is on a green streak they need to stop as soon as they can. You never know when the house edge is going to kill you balance and you will end up broke. Then bankroll needs to managed properly if one think of making any profit in gambling.

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8Habits
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July 16, 2017, 11:41:39 AM
 #3173

If you have enough wiseness to do it, you can.

Actually, you cannot make a 100% sure prediction that the lucky streak will continue or the losing streak will stop.Of course, there is a reason behind this uncertainty. Even if he/she has a wiseness strategy,gambling will not be a long term profit.
Correct, it is impossible to predict whether our luck will continue or it will run out, in fact that is one of the principles of our universe, there is randomness that we cannot predict, if we could I would have unveiled the principles of the universe long time ago.

If you worry about the investment amount on gambling, you have move backward once you see the continuous loose in gambling whether it is casino or betting. In these both option you need to be little aware of the loosing money and need to overcome the failure.


Gambling is not an investment per se. If you think of investing your money go for trading and buying altcoin to sell, they are much more profitable. In gambling if one is on a green streak they need to stop as soon as they can. You never know when the house edge is going to kill you balance and you will end up broke. Then bankroll needs to managed properly if one think of making any profit in gambling.

Gambling can only be called as an investment when you invest with the casino owner. Other than that, it is no longer an investment because the risk is so high that winning for a long run is very slim. Well, it is each person's risk preference - if other people think of it as an investment because they can get away with the house edge advantage, then they are really exceptional.
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July 16, 2017, 11:45:05 AM
 #3174


I wouldn't say that gambling is only about luck, there are some strategy involved in it.  Of course sometimes you will win only because you got lucky and that works in dice rolls or any other casino games, but strategy can also bring you profit if you have bad luck in poker. So i would say that gambling is 70% luck and 30% skill and strategy it depends on game you play though.
There is no certain percentage that would determine our chances of winning in gambling, your main goal is to make money therefore you set your own strategy so you will know how to improve it along the way. For sure, success is not instant and only if you are smart enough where you have a good chance of winning in the long run, luck is only a small factor when talking of long term success though.

When I started gambling,, I immediately thought about strategy,, so I could start earning every profit.,, and really gamble not rely on luck, but the strategy needed...
I have clear evidence in the past few months.

YOUR WITHDRAWALS
Date and TimeTransaction IDAmount mBTC
Jun 18th 2017, 01:27
c3e1b78e934a28d09ccc84759112f0832f78f94b40c7b112fcea43c47077a4e1
1 mBTC
Jun 18th 2017, 01:18
7e52af77158fb1e3fbafcf461fd62a3a960475f1fee278db1793beab163fa2c3
1 mBTC
Jun 18th 2017, 00:54
d6138237300362423f8670e70ca1956dc445687ed0ff47b0f85a63f800e68edd
1 mBTC
Jun 18th 2017, 00:52
987098d76d9786fc52e2ec6e0632686d34cf5f3d57c1c9a538a9e819410007dd
1 mBTC
Jun 18th 2017, 00:51
9e1f7b00912944fb883cf2b9b0276b8a36a9b4b44a98df36a4b2e33433373658
1 mBTC
Jun 18th 2017, 00:50
75b924b675c11cdbdf8247c783b606e644987121894de182fb27bac576a40fa2
1.04 mBTC
Jun 18th 2017, 00:46
704c9dde57c83b5e87140e55db6ae6fe99a165feefaed36565851fa0474483ae
1 mBTC
Jun 10th 2017, 19:49
05ddbce70fb844bf85656b1306778893e9a058fb5033b5723eab14fd0f0f54fd
8 mBTC
Jun 10th 2017, 19:43
c0c831028261cd8efb90c2c7aa7e7435a035a5d2d9b1229f8ab592a7cbda1cba
3 mBTC
Jun 6th 2017, 11:29
c7e17421ad9f93687529548b1b09a63de786365cd603241fca7eb9be3af7a9db
2 mBTC
Jun 6th 2017, 10:53
b3194eaed9737276f7f9546edbc787e33732b0b6789f5f7659510e82c3aa7b94
4 mBTC
Jun 6th 2017, 07:54
b9406c530e874fadc19dec89142121518388f6c13a3fa3ac7d823d81ab884a66
1.53 mBTC
Jun 6th 2017, 07:44
78d6a724deb71acfb10ef6b493dfe283422f856e84d806cb3c798f3cbd8458d7
2 mBTC
Jun 6th 2017, 05:24
a98e546d91c2de2fa4d100d8db07599c265036a73a632c045bd620f91a32fa8e
1 mBTC
May 28th 2017, 05:40
e47166ee564c5af3d90c980091d78b57b98179abec4e4532efec1faf7b1ee112
1 mBTC
May 28th 2017, 05:37
3ab37205fee120c54ef2cd3a2d82b0036633e02cd5dfb7e77c54f6e291d1fdc8
1 mBTC
May 28th 2017, 05:36
f96785c41bcee38ae1a346707702248f341f09a08cfa56225f2a414f0add12a3
1 mBTC
May 28th 2017, 05:32
9c4e26f84cd0e2016590cb7de7786905242696531bba19d280987d7fb04588d1
1 mBTC
May 28th 2017, 05:31
3906223e20f864482c7c3b8042a63bf2a6e8d3053cc686a23073f29ea6452e2a
1 mBTC
May 22nd 2017, 02:00
caa5392193170e0734e90a47e9b917e9fe88a3e1a57d04a9927587e72e675832
1 mBTC
May 22nd 2017, 01:51
dab86b821ed1cc10e69c9fa5a5a11c7ce0ccd23c7af9e55d524bf938266f8d6d
3 mBTC
May 22nd 2017, 01:46
71ba3dfa63928652f4394c502490e625ed6f0a677818437c4b0ec44a18b5176f
1 mBTC
May 22nd 2017, 01:44
7acee53d5647a71739ea021c9eb0384236e88012a9c6abb3d9ea06bbef5078ff
2 mBTC
May 22nd 2017, 01:39
75d7ad0259997b7c3dfd0b501cf3dff8db5e096cd420afbb62f4d0a23ef3f57c
1 mBTC
May 22nd 2017, 01:29
5dbc847ac61c5d6a7b5c1fb545e3d7f580d9db245bcd69dedf58691452db1a02
2 mBTC
May 22nd 2017, 01:11
b282bcaf2816ff1d69b9304a024add07b03e568160ba61b1568942d2abce6570
3 mBTC
May 22nd 2017, 01:08
4dfdf7f689a912c8e8d0eb5ec4e60ad07bfa1b3ae12e2ce07feef98b19175fb4
3 mBTC
May 22nd 2017, 01:06
c38644d63e0535c63d82333e928a7385c4c7ef08f18a6edb3c7197a64a3015d6
3 mBTC
May 22nd 2017, 00:58
eef9242ab116e4f713d1b37090468c9045902108ff5ccc176ab6a05c45b507b3
3 mBTC
May 22nd 2017, 00:56
05f22b2578be60a36ae01259b1f7fd0d206794e070172b8cf3abc7747ea429bb
2 mBTC
May 21st 2017, 06:57
316f3c504441ebe2c67efbbcec8134ff212e273c9e641678aa33410f49ef7ae2
5.8 mBTC
May 21st 2017, 06:11
f2d8f1e5dc4781bb6dcf447859482a0a321589911a878b3d81f34081475140ad
3 mBTC
May 21st 2017, 05:56
93e9426db4c6f73142b20b81527da4dc7e974ab3903194e2dbd91e58f7743c7e
3 mBTC
May 21st 2017, 05:49
df6908c70e94c28441e84aaefcd648ad172d7bc382a1541d2465906bab27a5b3
5 mBTC
May 21st 2017, 00:33
053e289f1578079d8b370e54e08b5244c127449d24d2adf10796411695902a47
3 mBTC
May 21st 2017, 00:29
a67fb3b5bd5a8f64f8584ae214092677a4ac87f1685252dd01c75f0be22cffb2
9 mBTC
May 21st 2017, 00:27
07ac46393bae5be0e2a5725fb03e3197e51b6234198d233106fef24929a05e70
3 mBTC
May 21st 2017, 00:24
47a04ecf5fccfbc4244e798690ef07ce49fcf48f017cd5a051f9b8f0316a8dbe
1 mBTC
May 21st 2017, 00:23
ec615eebb0d2d939607cee2eeb42363ed67fb5be8d7e601094e7970bb080a110
3 mBTC
May 21st 2017, 00:20
2617bf5bc06a985bc4e658132b6fa9ccc3705dee6fbfd62aeca0df914b416f56
6 mBTC
May 21st 2017, 00:16
884145e153811b0a3e9896bd70ad15791dd7719e35ba92d7bdf311b29151725b
3 mBTC
May 21st 2017, 00:14
0a124c4b6c8993a62289a6ca091cf2c902c219ccfe2528ba410d243e0093d396
1 mBTC
May 21st 2017, 00:12
e82fb8aad6e87a9378fd0d26de9dd3f2c79d01faa287a702af2b2d58599d19cb
3 mBTC
May 21st 2017, 00:11
939a1cb13f201b31c568af9fb4adf536b310247308ab75ea1a2112872f217354
1 mBTC
May 20th 2017, 22:22
520db2cb42dc1ea31c1e9b9dd25d3557028f5f76d4d47a93def382a22d410058
2 mBTC
May 20th 2017, 21:44
66e8f07d1828c8bef7ce70b26c9260dadd25cc5b2aac5159de779b1c28767909
2 mBTC

That also does not means that you are winning. This can be selective evidence. On the other hand, it is very easy to have this kind of results if you have a big bankroll. However, even months of winning does not provide that you can win in the long run, all it takes is just one bad run and all your previous earning is gone.
Cherylstar86
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July 16, 2017, 12:03:10 PM
 #3175

Maybe but it depends on the people and where they gamble. If they are good sports analyst or have a good skills in predicting you or they will earn a lot in sports betting. For me sports gambling is the easiest way to earn. Combination of luck and analytical skills will surely give you an advantage over it unless the team you were betting is playing bad in their game. Always gamble money that you can afford to lose so you won't end up crying when you lose it all.
Yes there are some gambling games where we not only  depend on our luck, but our experience and skill also play important role. For example if a person have good experience in sports gambling and he also know about a game and about the players or teams then he can really give a  good analysis about that game and have more chances to make money there.

I don't think sports betting experiences is a good key that a gambler needed to win, because it's only by chance that you will win. The exact phase of a gambling activity which a person will always wanted is they should not take it into extreme. But for me I don't believe that it can be always profitable in long term, and the real idea is that you will be possible to always lose if you kept doing it always.
Gastotade
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July 16, 2017, 01:43:27 PM
 #3176

Maybe but it depends on the people and where they gamble. If they are good sports analyst or have a good skills in predicting you or they will earn a lot in sports betting. For me sports gambling is the easiest way to earn. Combination of luck and analytical skills will surely give you an advantage over it unless the team you were betting is playing bad in their game. Always gamble money that you can afford to lose so you won't end up crying when you lose it all.
Yes there are some gambling games where we not only  depend on our luck, but our experience and skill also play important role. For example if a person have good experience in sports gambling and he also know about a game and about the players or teams then he can really give a  good analysis about that game and have more chances to make money there.

I don't think sports betting experiences is a good key that a gambler needed to win, because it's only by chance that you will win. The exact phase of a gambling activity which a person will always wanted is they should not take it into extreme. But for me I don't believe that it can be always profitable in long term, and the real idea is that you will be possible to always lose if you kept doing it always.
gambling in long term may not be a good idea, its good to play once in a while since we can be triggered to win and if winnings already happen then take a break or vice versa if lose take a break. We should find time for other activities as well.

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Hamphser
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July 16, 2017, 01:47:14 PM
 #3177

Maybe but it depends on the people and where they gamble. If they are good sports analyst or have a good skills in predicting you or they will earn a lot in sports betting. For me sports gambling is the easiest way to earn. Combination of luck and analytical skills will surely give you an advantage over it unless the team you were betting is playing bad in their game. Always gamble money that you can afford to lose so you won't end up crying when you lose it all.
Yes there are some gambling games where we not only  depend on our luck, but our experience and skill also play important role. For example if a person have good experience in sports gambling and he also know about a game and about the players or teams then he can really give a  good analysis about that game and have more chances to make money there.

I don't think sports betting experiences is a good key that a gambler needed to win, because it's only by chance that you will win. The exact phase of a gambling activity which a person will always wanted is they should not take it into extreme. But for me I don't believe that it can be always profitable in long term, and the real idea is that you will be possible to always lose if you kept doing it always.
gambling in long term may not be a good idea, its good to play once in a while since we can be triggered to win and if winnings already happen then take a break or vice versa if lose take a break. We should find time for other activities as well.
The longer we do play the higher the risk on busting it out until the end. Long term for gambling isnt really possible for majority but there are people so still manage to make profits in doing gambling but only possible for those strategic games like poker,sports betting and other card games. They can able to sustain on making money for longer runs and some of them do make a living on that.This would only possible on some games but not for all.

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Janation
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July 16, 2017, 01:50:12 PM
 #3178

Maybe but it depends on the people and where they gamble. If they are good sports analyst or have a good skills in predicting you or they will earn a lot in sports betting. For me sports gambling is the easiest way to earn. Combination of luck and analytical skills will surely give you an advantage over it unless the team you were betting is playing bad in their game. Always gamble money that you can afford to lose so you won't end up crying when you lose it all.
Yes there are some gambling games where we not only  depend on our luck, but our experience and skill also play important role. For example if a person have good experience in sports gambling and he also know about a game and about the players or teams then he can really give a  good analysis about that game and have more chances to make money there.

I don't think sports betting experiences is a good key that a gambler needed to win, because it's only by chance that you will win. The exact phase of a gambling activity which a person will always wanted is they should not take it into extreme. But for me I don't believe that it can be always profitable in long term, and the real idea is that you will be possible to always lose if you kept doing it always.
gambling in long term may not be a good idea, its good to play once in a while since we can be triggered to win and if winnings already happen then take a break or vice versa if lose take a break. We should find time for other activities as well.

As a gambler, we all know that most of the gamblers lose their gambling activities and win sometimes, if you will sum it all up, gamblers lose more than they win.
The best thing you must do is to avoid gambling, it is ok if you can't avoid it regularly, as long as you put a time even if you are playing everyday.
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July 16, 2017, 02:02:47 PM
 #3179


..snip.,


That is some serious discipline. Although sites I play at have higher minimum withdrawal restriction. And I would feel like I am just contributing to the already congested blockchain.

Also most likely those winnings that you claim looks like faucet winnings.

Cheesy

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July 16, 2017, 02:11:05 PM
 #3180

~
Can you tell us more about your strategy?
What games do you play and how big your bankroll is?
Do you play from faucet or do you deposit money?
I see you are withdrawing as soon as you reach withdrawal limit, right?
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