Can gambling be profitable in long term ?

[terrific]

If you build an experience in a game that do not depend 100% on luck i think gambling would be very profitable. Experience is useful and helpful in some games.

It will be profitable in a way that you will know how to apply those skills. And it will be helpful if you have some experience with it.
But playing alone won't be beneficial you just have to know on how you can get some referrals and invest into a casino.

I am not focus in referrals as I know it would not gonna give me a good income, I focus on developing my skills in order to win just like the professionals do. However, I have to ensure I set a limit to myself as I do not want to compromise the money that I will be needed to use in trading, with two different activities it requires separate money and if I cannot make it in gambling at least I can grow my money in trading.

It's just a choice if you think that you can't go with the skills in gambling.
Then that is just a choice that you can go, getting some referrals and letting those people deposit with the casino and profit will just come to you.

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[samputin]

No gambling can never be profitable in long term as if you continue to gamble then you will surely be loosing all the money you have won so far so the best thing would be to quit gambling at a right time when you have won good amount of money.

I do not think also we can make a profit in a long time because if you win in a day of gambling, it will be very hard to earn the next day, so we should see it as entertainment, if you see it as a profession, you both praise yourself and your money.

Gambling is profitable for short time because if you bet and win you have profit in that instant. There is no assurance that you can win every bet because gambling is about winning and losing. I do not think that it is possible to get profit in gambling for long time. Every player must set limitations on the amount to bet and must control oneself in time of winning even losing.

[8Habits]

No gambling can never be profitable in long term as if you continue to gamble then you will surely be loosing all the money you have won so far so the best thing would be to quit gambling at a right time when you have won good amount of money.

I do not think also we can make a profit in a long time because if you win in a day of gambling, it will be very hard to earn the next day, so we should see it as entertainment, if you see it as a profession, you both praise yourself and your money.

Gambling is profitable for short time because if you bet and win you have profit in that instant. There is no assurance that you can win every bet because gambling is about winning and losing. I do not think that it is possible to get profit in gambling for long time. Every player must set limitations on the amount to bet and must control oneself in time of winning even losing.

The more riskier it is, the more gain it has - this is so true with gambling where the risk is really quite high but if you win, you will going to win quite high as well in just a short period of time.

[crwth]

No gambling can never be profitable in long term as if you continue to gamble then you will surely be loosing all the money you have won so far so the best thing would be to quit gambling at a right time when you have won good amount of money.

I do not think also we can make a profit in a long time because if you win in a day of gambling, it will be very hard to earn the next day, so we should see it as entertainment, if you see it as a profession, you both praise yourself and your money.

Gambling is profitable for short time because if you bet and win you have profit in that instant. There is no assurance that you can win every bet because gambling is about winning and losing. I do not think that it is possible to get profit in gambling for long time. Every player must set limitations on the amount to bet and must control oneself in time of winning even losing.

The more riskier it is, the more gain it has - this is so true with gambling where the risk is really quite high but if you win, you will going to win quite high as well in just a short period of time.

Not necessarily but most of the time that is the case. What i'm talking about in the not the most common way is betting the smallest amount with the minuscule chance of winning then when you win if you would just be back from the start and that's not good knowing that you could have just try in a normal rate then make the balance higher by consecutive winnings.

[Ewinsane]

Gambling can not be profitable in the short or long term. They can only lead to a loss of funds if you try to earn or receive pleasure if you look at them as entertainment.

I agree and I think gambling should be kept as a mode of entertainment and not the mode of earning money. Thus the players would not  play in a serious manner and thus their losses will be minimum. If one thinks of gambling to be a mode of making money then they will get addicted to it and as soon as they lose some money they will try to win it back and thus they will continue to gamble.

Nobody is okay with losing his capital even in entertainment. I bet you can't also. In gambling either one is serious or ignorant, victory and defeat is just a matter of luck in fact and frequent loss is not welcomed by anyone. As far as its addiction is concerned, if someone keeps on doing something, that becomes his habit in no time and habits are difficult to push off certainly.

I think you are getting it all wrong - there cannot be any investment in an entertainment. If you are going to get entertained then there is a fees required. That is not an investment and you will not be getting it back in any form with or without interest. Gambling should be kept to a mode of entertainment and not as mode to earn money - that is all I was saying.

As far as I know we can invest in an entertainment - this time not a player but an investor with the casinos. There are also other forms of entertainment where we can invest to it as well - some bars, clubs, and the like.

That is a totally different thing and investing in a casino bankroll is profitable in the long run surely. It is a long term investment even though the return is small if you dont have a huge money to invest in. However gambling itself is not at all profitable for the players - thus it is profitable for the casino investors. The players who are addicted will keep on playing and thus the investors keep on gaining profits.

Gambling could only be beneficial for those who are having their own casinos. Those who are involved in it usually get addicted to these things very soon which definitely results in a huge loss of capital. Hence, it is not wrong to say that gambling could not be profitable for the gamblers in long terms. Gambling is totally a question of your luck and personal interests behind all this .If you gamble just for the sake of money, and then it would not be a fun at all because of stress to lose.

[bitbob82]

Gambling can not be profitable in the short or long term. They can only lead to a loss of funds if you try to earn or receive pleasure if you look at them as entertainment.

I agree and I think gambling should be kept as a mode of entertainment and not the mode of earning money. Thus the players would not  play in a serious manner and thus their losses will be minimum. If one thinks of gambling to be a mode of making money then they will get addicted to it and as soon as they lose some money they will try to win it back and thus they will continue to gamble.

Nobody is okay with losing his capital even in entertainment. I bet you can't also. In gambling either one is serious or ignorant, victory and defeat is just a matter of luck in fact and frequent loss is not welcomed by anyone. As far as its addiction is concerned, if someone keeps on doing something, that becomes his habit in no time and habits are difficult to push off certainly.

I think you are getting it all wrong - there cannot be any investment in an entertainment. If you are going to get entertained then there is a fees required. That is not an investment and you will not be getting it back in any form with or without interest. Gambling should be kept to a mode of entertainment and not as mode to earn money - that is all I was saying.

As far as I know we can invest in an entertainment - this time not a player but an investor with the casinos. There are also other forms of entertainment where we can invest to it as well - some bars, clubs, and the like.

That is a totally different thing and investing in a casino bankroll is profitable in the long run surely. It is a long term investment even though the return is small if you dont have a huge money to invest in. However gambling itself is not at all profitable for the players - thus it is profitable for the casino investors. The players who are addicted will keep on playing and thus the investors keep on gaining profits.

Gambling could only be beneficial for those who are having their own casinos. Those who are involved in it usually get addicted to these things very soon which definitely results in a huge loss of capital. Hence, it is not wrong to say that gambling could not be profitable for the gamblers in long terms. Gambling is totally a question of your luck and personal interests behind all this .If you gamble just for the sake of money, and then it would not be a fun at all because of stress to lose.

but i think that there are a lot of lucky people who are also getting good profit from gambling, in fact gambling need your;s luck.

[erwin45hacked]

but i think that there are a lot of lucky people who are also getting good profit from gambling, in fact gambling need your;s luck.

There will be some people that could keep on winning. Imagine if everyone keep losing, it will eventually makes the site out of business because people might thought that they rigged the site. In reality, most sites are provably fair that is why there are nothing that the owner do to intervine the result of the game without being known

[kodes88]

Gambling can not be profitable in the short or long term. They can only lead to a loss of funds if you try to earn or receive pleasure if you look at them as entertainment.

I agree and I think gambling should be kept as a mode of entertainment and not the mode of earning money. Thus the players would not  play in a serious manner and thus their losses will be minimum. If one thinks of gambling to be a mode of making money then they will get addicted to it and as soon as they lose some money they will try to win it back and thus they will continue to gamble.

Nobody is okay with losing his capital even in entertainment. I bet you can't also. In gambling either one is serious or ignorant, victory and defeat is just a matter of luck in fact and frequent loss is not welcomed by anyone. As far as its addiction is concerned, if someone keeps on doing something, that becomes his habit in no time and habits are difficult to push off certainly.

I think you are getting it all wrong - there cannot be any investment in an entertainment. If you are going to get entertained then there is a fees required. That is not an investment and you will not be getting it back in any form with or without interest. Gambling should be kept to a mode of entertainment and not as mode to earn money - that is all I was saying.

As far as I know we can invest in an entertainment - this time not a player but an investor with the casinos. There are also other forms of entertainment where we can invest to it as well - some bars, clubs, and the like.

That is a totally different thing and investing in a casino bankroll is profitable in the long run surely. It is a long term investment even though the return is small if you dont have a huge money to invest in. However gambling itself is not at all profitable for the players - thus it is profitable for the casino investors. The players who are addicted will keep on playing and thus the investors keep on gaining profits.

Gambling could only be beneficial for those who are having their own casinos. Those who are involved in it usually get addicted to these things very soon which definitely results in a huge loss of capital. Hence, it is not wrong to say that gambling could not be profitable for the gamblers in long terms. Gambling is totally a question of your luck and personal interests behind all this .If you gamble just for the sake of money, and then it would not be a fun at all because of stress to lose.

but i think that there are a lot of lucky people who are also getting good profit from gambling, in fact gambling need your;s luck.

I also think like that, I guess there are also gamblers who benefit from gambling. I think there are some people who are more lucky than unlucky. Or can I say, gambling is also profitable for some people.

[Viyamore]

but i think that there are a lot of lucky people who are also getting good profit from gambling, in fact gambling need your;s luck.

There will be some people that could keep on winning. Imagine if everyone keep losing, it will eventually makes the site out of business because people might thought that they rigged the site. In reality, most sites are provably fair that is why there are nothing that the owner do to intervine the result of the game without being known

I agree but inhere some people are winning but how many people are losing money in gambling than winning on it.People who have born luck in gambling only wins as most of the times.

[TheKeyLongThumbI]

It may enable you to earn some money in the short run but you can't be sure of winning each time. One win and another loss is no benefit. Gambling can never be a permanent and reliable source of income.

[paul00]

but i think that there are a lot of lucky people who are also getting good profit from gambling, in fact gambling need your;s luck.

There will be some people that could keep on winning. Imagine if everyone keep losing, it will eventually makes the site out of business because people might thought that they rigged the site. In reality, most sites are provably fair that is why there are nothing that the owner do to intervine the result of the game without being known

I agree but inhere some people are winning but how many people are losing money in gambling than winning on it.People who have born luck in gambling only wins as most of the times.

I think 90% in gambling society are losing and only 10% are winnig because everyday different people might have their lucky day but eventually getting busted in the long run.

[shulio]

It may enable you to earn some money in the short run but you can't be sure of winning each time. One win and another loss is no benefit. Gambling can never be a permanent and reliable source of income.

It can never be a source of making money but it can be source of having fun. I have had alot of fun from gambling site. I admit that I was the type that play for profit as well but now it has all change. In the end , playing for fun is just so much better than playing for profit and less stress for me

[conected]

It may enable you to earn some money in the short run but you can't be sure of winning each time. One win and another loss is no benefit. Gambling can never be a permanent and reliable source of income.

It can never be a source of making money but it can be source of having fun. I have had alot of fun from gambling site. I admit that I was the type that play for profit as well but now it has all change. In the end , playing for fun is just so much better than playing for profit and less stress for me

- Yeah, the purpose of gambling is entertainment, it helps us relieve stress after a tiring working time. We should not think about making long-term profits from gambling, that would go against the purpose of gambling and make us lose joy. Profit is just a small part of the game, it makes the atmosphere more fun but remember it's just a part, not all, fun and relaxation are all in the game

[acener]

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

I don't really see gambling profitable in long term, the reason is simple, the longer you get drawn into gambling the greedy you get. The greedy you get the chances of losing a lot of money gets higher. If you are disciplined enough to play and limit your self this might be true, but I guess when you start gambling, being disciplined is really far from reality.

[Palider]

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

Gambling can be profitable if you're a lucky man. But, I think this only happens in movies. A lot of rich people gamble a lot because they already have a lot of money and they got their riches from working hard not just by merely gambling. A lot of rich people also lost all their riches because of gambling, so I don't see it profitable in the long-run.

[TheBTCAlex]

Theoretically it is possible. For a while things may work out for you. But in the end the house edge will win, it always does. There is no way to make profit from gambling in the long run, you may try your luck at it for a short while and then if you get any profits at all, just bag it and don't be greedy, run far away from gambling. This is the only way to profit from gambling. If you don't stop gambling, and it gets addicting to you, you will keep on investing all your saving into it to try and get a good profit but in the end you will lose every single Satoshi to house edge.

[South Park]

I think that the answer is yes gambling can be profitable in long term. Some gambling games don't depend on luck only they depend on experience and knowledge too. Once you set your gambling strategy based on your experience, i think you will get your profits higher.

Even if what you say it is true we need to understand that the average gambler is never going to be able to make a profit in gambling, what you are suggesting only applies to people with a very specific skill set that allows them to beat the casinos consistently.

[zoomzoom]

This question is asked so frequently. The only type of gambling that can be profitible LONG TERM (without cheating) is poker and sports betting (and markets like politics etc.. basically anything with no fixed odds you can wager on).
Poker because you win others money, and sports betting because it's impossible for bookmaker to always set the line correctly, but they will close and limit winning accounts and literaly less than 1% of all sports betters are successful pros.

[Tungsten-1]

but i think that there are a lot of lucky people who are also getting good profit from gambling, in fact gambling need your;s luck.

There will be some people that could keep on winning. Imagine if everyone keep losing, it will eventually makes the site out of business because people might thought that they rigged the site. In reality, most sites are provably fair that is why there are nothing that the owner do to intervine the result of the game without being known

I agree but inhere some people are winning but how many people are losing money in gambling than winning on it.People who have born luck in gambling only wins as most of the times.

I think 90% in gambling society are losing and only 10% are winnig because everyday different people might have their lucky day but eventually getting busted in the long run.

I totally agree with your opinion. As gambling is totally a luck based game and has nothing to do with the skills of a person that is why mostly there are many chances of failures. If we find out the percentage of losers through daily statistics, then it is far more than that of winning as stated in your comment. Resultantly, it won’t be foolish to say that gambling is not profitable in long terms. It would bring a loss to even those who have won due hard addiction.

[YTBitcoin]

It may enable you to earn some money in the short run but you can't be sure of winning each time. One win and another loss is no benefit. Gambling can never be a permanent and reliable source of income.

Gambling is not even a game it is a luck machine if you are having luck then you will have money if you are not having luck then you will have no money so i would recommend that we should feel better then we will feel better to have luck then we can earn from gambling because it is best source of earning extra money in your pocket that's why gambling is always best.