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Author Topic: Can gambling be profitable in long term ?  (Read 112186 times)
harizen
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October 12, 2015, 10:16:30 AM
 #361

But if I want to gamble, I'd rather choose to invest in gambling site's bankroll than playing against the house. I already make some profits in one of that gambling site but only for small amount since we all know that profit by investing in bankroll is not that quick profit.
yes you are right we know its not a get rich scheme ...but don't get confused between gambling and investing...
its not gambling when you invest your coins in a company or casino.

Still it's gambling since your are taking risk here in. Possibility of the company to turn black is always there. But of course I don't do invest in gambling site's bankroll without precautions. Risk is always there but we can avoid it.

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October 12, 2015, 10:18:44 AM
 #362

But if I want to gamble, I'd rather choose to invest in gambling site's bankroll than playing against the house. I already make some profits in one of that gambling site but only for small amount since we all know that profit by investing in bankroll is not that quick profit.
yes you are right we know its not a get rich scheme ...but don't get confused between gambling and investing...
its not gambling when you invest your coins in a company or casino.

Still it's gambling since your are taking risk here in. Possibility of the company to turn black is always there. But of course I don't do invest in gambling site's bankroll without precautions. Risk is always there but we can avoid it.

Everything is a gambling even crossing the road, its all about +ev or -ev.  I dont think you can avoid risk even with a +ev bet.... you can get hit by a car at any point etc.

Some business and investing deals are just so solid that the chances of losing money are very very unlikely.
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October 12, 2015, 10:43:09 AM
 #363

But if I want to gamble, I'd rather choose to invest in gambling site's bankroll than playing against the house. I already make some profits in one of that gambling site but only for small amount since we all know that profit by investing in bankroll is not that quick profit.
yes you are right we know its not a get rich scheme ...but don't get confused between gambling and investing...
its not gambling when you invest your coins in a company or casino.

Still it's gambling since your are taking risk here in. Possibility of the company to turn black is always there. But of course I don't do invest in gambling site's bankroll without precautions. Risk is always there but we can avoid it.

Everything is a gambling even crossing the road, its all about +ev or -ev.  I dont think you can avoid risk even with a +ev bet.... you can get hit by a car at any point etc.

Some business and investing deals are just so solid that the chances of losing money are very very unlikely.

This. That's why If I will to choose between playing against the house or taking advantage of the house, I will rather just invest money in gambling site's bankroll than spending a lot in playing gamble. Risk is there always but at least somehow this is better than playing. Im playing too at those house edge games but not that spending too much on it.

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October 12, 2015, 11:00:48 AM
 #364

.... you can get hit by a car at any point etc.
LMao.. I was literally rofl on it ...its true though.


Im playing too at those house edge games but not that spending too much on it.
dude what is wrong with you ? when you are investing in hashnest or genesis it is also gambling from your point of view? but it is not.
when you invest its a plan, its a strategy to earn interests on your holdings or premium.
there is a more appropriate guarantee to ROI in investments.
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October 12, 2015, 11:11:20 AM
 #365


Im playing too at those house edge games but not that spending too much on it.
dude what is wrong with you ? when you are investing in hashnest or genesis it is also gambling from your point of view? but it is not.
when you invest its a plan, its a strategy to earn interests on your holdings or premium.
there is a more appropriate guarantee to ROI in investments.

Sorry but I don't preferred any cloudmining investment.

I got your point but in my case you didn't. You are just posting. You didn't get what I mean and your reply was far away from my post. Come on relax and take time reading.

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October 12, 2015, 11:19:13 AM
 #366

i did a gamble only for a fun and never thinking will be profitable in long term
because basic of gambling is luck if I win when i'm doing a gamble I assume it just being lucky not more than it
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October 12, 2015, 11:27:14 AM
 #367

i personally prefer any sort of investment for making money rather than putting my money on dumb luck and gamble with it. gambling is supposed to be for the thrill of it and not for making money. especially not making money online. you can always lose all your hard earned money if you gamble them.

~~~Everything is a gambling even crossing the road, ~~~

the roads in your country must be chaotic Smiley

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October 12, 2015, 12:52:51 PM
 #368

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

even with rules and discipline the chance of getting profit in long term is still 40-60%
40% for winning and 60% for loosing, you may win consecutively but that win
will be taken if you loose consecutively. and what im sure about is you will
lose more than winning.

Making up numbers is not helpful to the conversation.

It is all about expected value. If you don't understand that, you will lose money. If you understand that, and don't apply it properly, you will lose money.

Sorry but I don't understand what does mean "expected value". Can you explain better this concept? Then you don't tell bu this can be mean from your words that if I understand and apply that I will win money in gambling. This mean that if I understand and do such things can win forever?
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October 12, 2015, 01:01:05 PM
 #369

what is the house edge when I cross a road?
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October 12, 2015, 03:02:49 PM
 #370

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

If you asking it just for a couple of weeks or months it is possible in the point my view... But if you asking this for the entire life, i think its impossible, because atleast it need alittle bit of luck, and you cant have it..
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October 12, 2015, 04:18:12 PM
 #371

Mostly you are going to beat by house edge. And when I learned math about chance subject, Loss count mostly occur rather than winning

i did a gamble only for a fun and never thinking will be profitable in long term
because basic of gambling is luck if I win when i'm doing a gamble I assume it just being lucky not more than it

But sometimes I saw people still want to bet and blame himself because his greed that keep gambling without thinking the cause effect at the end
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October 12, 2015, 07:01:09 PM
 #372

Mostly you are going to beat by house edge. And when I learned math about chance subject, Loss count mostly occur rather than winning

i did a gamble only for a fun and never thinking will be profitable in long term
because basic of gambling is luck if I win when i'm doing a gamble I assume it just being lucky not more than it

But sometimes I saw people still want to bet and blame himself because his greed that keep gambling without thinking the cause effect at the end

Some tips to avoid gambling addiction.
Know closely the indication and prevent it.
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October 12, 2015, 07:12:18 PM
 #373

what is the house edge when I cross a road?
the house edge is 100 % if you cross the road ignoring the signals... Undecided
there is a negligible house edge if you cross abiding the zebra crossing ....lol Smiley
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October 12, 2015, 07:30:00 PM
 #374

it definitely cant be profitable in any ways the one who gambles will loose sooner or later as gambling games have house edges what means that casino will win
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October 13, 2015, 09:08:05 AM
 #375

You will lose in long run sir. Casino always win, If I reach a certain amount that I need to stop because of loses, I stop, If I reach a certain amount of winnings I stop. don't wager too much, use it to have fun & don't take it too serious. And I think just my observation all gambling games they read our methods if you have strategy or method that your using they will break it to lose you and attempt to win again or to get your lost.

^^^^Researcher^^^^
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October 13, 2015, 02:45:33 PM
 #376

it definitely cant be profitable in any ways the one who gambles will loose sooner or later as gambling games have house edges what means that casino will win

you're right but it doesn't mean all gamblers/players will lost huhh?
there is a time for us to win and get some profit to home.
it is just the matter of how we manage a time to stop at certain profit, how we manage a bankroll and how we use gamble spirit  Cool .
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October 13, 2015, 02:57:49 PM
 #377

it definitely cant be profitable in any ways the one who gambles will loose sooner or later as gambling games have house edges what means that casino will win

you're right but it doesn't mean all gamblers/players will lost huhh?
there is a time for us to win and get some profit to home.
it is just the matter of how we manage a time to stop at certain profit, how we manage a bankroll and how we use gamble spirit  Cool .

Like I said waiting for target to make you stop is kinda hard because when you are making profit you feel lucky and will just continue to make more.

But I known some people who are not really gamblers but stop after making some jackpots in a short term and decided to cash it out. They are beginners and this is called beginners luck.

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October 13, 2015, 03:04:07 PM
 #378

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

If they have unlimited funds yes, if not, i highly doubt it.
BTCevo
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October 13, 2015, 03:07:43 PM
 #379

it definitely cant be profitable in any ways the one who gambles will loose sooner or later as gambling games have house edges what means that casino will win

you're right but it doesn't mean all gamblers/players will lost huhh?
there is a time for us to win and get some profit to home.
it is just the matter of how we manage a time to stop at certain profit, how we manage a bankroll and how we use gamble spirit  Cool .

Like I said waiting for target to make you stop is kinda hard because when you are making profit you feel lucky and will just continue to make more.

But I known some people who are not really gamblers but stop after making some jackpots in a short term and decided to cash it out. They are beginners and this is called beginners luck.

How come it is so hard to stop when you are on profit? It is harder to stop when you are in losing, I already experienced in that way. To have that luck you are need to have some balance, although you dont hit the jackpot you will at least earn some before you cash out or stop for a while
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October 13, 2015, 03:12:37 PM
 #380

it definitely cant be profitable in any ways the one who gambles will loose sooner or later as gambling games have house edges what means that casino will win

you're right but it doesn't mean all gamblers/players will lost huhh?
there is a time for us to win and get some profit to home.
it is just the matter of how we manage a time to stop at certain profit, how we manage a bankroll and how we use gamble spirit  Cool .

Like I said waiting for target to make you stop is kinda hard because when you are making profit you feel lucky and will just continue to make more.

But I known some people who are not really gamblers but stop after making some jackpots in a short term and decided to cash it out. They are beginners and this is called beginners luck.

How come it is so hard to stop when you are on profit? It is harder to stop when you are in losing, I already experienced in that way. To have that luck you are need to have some balance, although you dont hit the jackpot you will at least earn some before you cash out or stop for a while

It depends on the gamblers, some gamblers are unable to manage when they need to stop at certain profit because of greediness. This kind of gamblers always think when they are in profit means that they are in a good day to earn more profit. But mostly they will lose all their profit + bankroll.

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