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Author Topic: Can gambling be profitable in long term ?  (Read 112186 times)
leex1528
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October 21, 2015, 05:10:26 PM
 #461

We gotta stop using the word is not, or can't.  We should be using the word, it is highly unlikely to profit from the casino in a long run sort of situation.  The amount of people in the world should be enough to take over house edge.

I agree. There is a chance (or should I say there are chances even) when gambling is profitable in long term. But we should be aware of the fact that this chance is one in a million or maybe even less.

Once in one million is roughly equivalent to never. I can not agree that as I have experienced with my own gambling when I keep on bet with small amount, I turn myself into profits. So, getting sustained with small bet will ensure a long term in gambling. Then you can make profits.

The size of the bet doesn't have any outcome on the percentage of winning vs losing.  You are still likely to lose even if you are playing with smaller coins. 
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October 22, 2015, 01:35:53 AM
 #462

We gotta stop using the word is not, or can't.  We should be using the word, it is highly unlikely to profit from the casino in a long run sort of situation.  The amount of people in the world should be enough to take over house edge.

I agree. There is a chance (or should I say there are chances even) when gambling is profitable in long term. But we should be aware of the fact that this chance is one in a million or maybe even less.

If chances are one in a million or even less then you can't say it is possible because that one may be just by luck. If the chances are so less then we shouldn't suggest any one. Just gamble of fun some time if you win in this process then just take that profit and enjoy. Don't ever try to become rich from gambling.
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October 22, 2015, 04:23:57 AM
 #463

Depend on your skill and your luck in gambling. New gamblers without skill will lose their money in long term, even short period. There are some skilled gamblers who have their own skill and trick how to use their money for gambling.

yup, usually they have their own gambling tricks. and they dont really tell it to anyone. they just wan to keep the profit to themselves cuz if too many people know about this then the casino will do some changes and their method will be ruin.

Sure and then this big winners of money don't know where to spend those big amounts of money won and make donations to the society of the failed gamblers, the society of less lucky then those gamblers, the society of depressed gamblers, the society of happy gamblers (even they lose always in gambling) the society of the gamblers who don't know any trick to win money in gambling, the society of of the gamblers who are unable to find or learn strategies how to win in gambling and to to many other societies connected with the gamblers.  Shocked
Aemon
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October 22, 2015, 04:08:41 PM
 #464

We gotta stop using the word is not, or can't.  We should be using the word, it is highly unlikely to profit from the casino in a long run sort of situation.  The amount of people in the world should be enough to take over house edge.

I agree. There is a chance (or should I say there are chances even) when gambling is profitable in long term. But we should be aware of the fact that this chance is one in a million or maybe even less.

If chances are one in a million or even less then you can't say it is possible because that one may be just by luck. If the chances are so less then we shouldn't suggest any one. Just gamble of fun some time if you win in this process then just take that profit and enjoy. Don't ever try to become rich from gambling.

I agree when you say gamble for fun.  The problem is even a one in a million chance is still a chance.  So it isn't never or always, it is always depending on the chance that you have if it could happen or not.
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October 23, 2015, 03:27:32 AM
 #465

Yes, gambling for long term will surely make gambling house to more richer than gamblers for sure.
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October 23, 2015, 04:35:21 AM
 #466

Never in along run...but if u r lucky enough you may escape the reds.....i went on loosing around 100$ in 1300 bets (around) which i made from only 5$ deposit.... Embarrassed
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October 23, 2015, 05:09:13 AM
 #467

People who gamble to make money don't make a lot of sense to me - at least not people who drop coins into random dice games. You'd be much better off investing in something like a sportsbet or something like that. I prefer those sort of odds as you can make more of an informed decision regarding likelihood. Still, it's up to the individual - and risk is required to attain some of the better things in life, but I don't subscribe to the belief that gambling is profitable long term. I know people who win thousands on greyhounds and horses, but they also spend hours researching and studying their sport. Knowledge is vital.
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October 23, 2015, 05:19:20 AM
 #468

Yes, gambling for long term will surely make gambling house to more richer than gamblers for sure.

Yes you can get a lot profit in long term, incase you must be the owner of the casino.  Smiley
Play just for fun. If loss, it's ok. And if we got win, that's nice!
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October 23, 2015, 05:26:13 AM
 #469

A good poker or blackjack player can make money if they improve their game and study methods to keep them in the green.

Yup, must agree with these.
Only on Blackjack and Poker "someone" can get benefit from house edge.
I usually practice poker in crypto-games.net, it's a nice game.
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October 23, 2015, 07:30:52 AM
 #470

A good poker or blackjack player can make money if they improve their game and study methods to keep them in the green.

Yup, must agree with these.
Only on Blackjack and Poker "someone" can get benefit from house edge.
I usually practice poker in crypto-games.net, it's a nice game.


There is no poker game in crypto-games.net as long as I know. The only games are dice, slot, blackjack and lottery.



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w40ut
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October 23, 2015, 07:31:49 AM
 #471

A good poker or blackjack player can make money if they improve their game and study methods to keep them in the green.

Yup, must agree with these.
Only on Blackjack and Poker "someone" can get benefit from house edge.
I usually practice poker in crypto-games.net, it's a nice game.


There is no poker game in crypto-games.net as long as I know. The only games are dice, slot, blackjack and lottery.




yup.. there is no poker in crypto-games.net :s
tennozer
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October 23, 2015, 07:40:58 AM
 #472

A good poker or blackjack player can make money if they improve their game and study methods to keep them in the green.

Yup, must agree with these.
Only on Blackjack and Poker "someone" can get benefit from house edge.
I usually practice poker in crypto-games.net, it's a nice game.


There is no poker game in crypto-games.net as long as I know. The only games are dice, slot, blackjack and lottery.




yup.. there is no poker in crypto-games.net :s

I think he is talking about only Blackjack. Both of them are card games but they are not same. Even if I have this site in my signature, I can not play any game in this site. Because I do not prefer to play dice, slot, blackjack orlottery.

Winalunt
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October 23, 2015, 10:20:33 AM
 #473

Yes, gambling for long term will surely make gambling house to more richer than gamblers for sure.
sometimes long term give you profit dude,not all long term only make you lost your money
yes, that long term which you think gave you profit is the short term variance or a single session of betting and eventually if you continue then you will lose it all at the end which is the long term loss ,solely because of the house edge .
Betwrong
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October 23, 2015, 10:29:58 AM
 #474

If chances are one in a million or even less then you can't say it is possible because that one may be just by luck. If the chances are so less then we shouldn't suggest any one. Just gamble of fun some time if you win in this process then just take that profit and enjoy. Don't ever try to become rich from gambling.

I disagree with this. If chances are one in a million they are small, yes, but it is still possible.


If chances are one in a million or even less then you can't say it is possible because that one may be just by luck. If the chances are so less then we shouldn't suggest any one. Just gamble of fun some time if you win in this process then just take that profit and enjoy. Don't ever try to become rich from gambling.

But I absolutely agree with this. We shouldn't suggest anyone to try to make money from gambling.

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October 23, 2015, 01:30:10 PM
 #475

But I absolutely agree with this. We shouldn't suggest anyone to try to make money from gambling.

I don't see people nowadays suggesting gambling to make money. What I see are people doing gambling even no one told them to do so hoping for a big fish.

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jpouza
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October 23, 2015, 01:37:40 PM
 #476

Yes, gambling for long term will surely make gambling house to more richer than gamblers for sure.
sometimes long term give you profit dude,not all long term only make you lost your money

A planned and solid long term investment, not a gambling one!!  Grin
Aemon
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October 23, 2015, 01:40:39 PM
 #477

Yes, gambling for long term will surely make gambling house to more richer than gamblers for sure.
sometimes long term give you profit dude,not all long term only make you lost your money

A planned and solid long term investment, not a gambling one!!  Grin

Yep.  When you plan to make a living from gambling plan on having a rough live and hopefully you don't end up on the street!
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October 23, 2015, 01:43:08 PM
 #478

Yes, gambling for long term will surely make gambling house to more richer than gamblers for sure.
sometimes long term give you profit dude,not all long term only make you lost your money

A planned and solid long term investment, not a gambling one!!  Grin

I think he meant +EV games when he mentioned long term , cause long term profit will never happen when playing -EV games
like if you have 0.5% edge you will make money in the long term no matter what you daily results are
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October 23, 2015, 02:52:13 PM
 #479

Yes, gambling for long term will surely make gambling house to more richer than gamblers for sure.
sometimes long term give you profit dude,not all long term only make you lost your money

A planned and solid long term investment, not a gambling one!!  Grin

Above all, investment in cloud mining - at the moment it's even better than gambling!  Grin

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October 23, 2015, 02:53:05 PM
 #480

Yes, gambling for long term will surely make gambling house to more richer than gamblers for sure.
sometimes long term give you profit dude,not all long term only make you lost your money

A planned and solid long term investment, not a gambling one!!  Grin

Above all, investment in cloud mining - at the moment it's even better than gambling!  Grin

You recommend a website for cloud mining?
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