Can gambling be profitable in long term ?

[Revelation Machine]

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Since some of the sport events are arranged, no analyzations or qualitative opinions will help you to predict the result of a game in those cases. So IMO sports betting is not better than any other.

Gambling is a extremely high risk thing if your going to do it.
Its very rare that the predictions of a gambler is right.

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[GannickusX]

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Only 1% of people can make long term profit in sports, if you are someone who likes to watch a lot of football, sure go for it and try it but for the average person is not a good investment long term, actually no gambling game is. If you really want to profit long term, somewhat guaranteed you should not gamble.

First of all Im not saying that you do sports bet for a long term. The key here is to make profit whenever you bet in sports betting. You are right gambling really guaranteed to make you profit for a long term and it's stated million times here in this thread.

I will gave you an example ; like in NBA today ; I will pick GSW as an example playing against NJ. That's a 90% winning rate for GSW. 10% is for losing rate. You will have low odds here for GSW so my strategy is to bet high for GSW. Chances of winnings here is high but you will have a small profit. At least a profit.

Make wise when doing a sports betting. That's all.

In sport betting there are no real odds, if the odds are 3:1 that doesnt mean the team with 3 have 3 times the chances to win, those are not real winning rates of the teams, there is no way to know the real odds unlike other gambling games, in dice if you have 49% win chance, thats the real win chance.

[BTCevo]

It maybe but depends on the way you do!
You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

People do well on sports betting and can make a living.  There is a guy who made the WSOP final table this year who was originally a poker professional but was making more from sports betting so he quit poker full time for that.

But I guess that is one in a million that have that kind of luck and skill to play it because this is gambling sometimes you win and sometimes you lose. So there is no guarantee that you will end up to be rich just from gambling thing

[kotwica666]

It maybe but depends on the way you do!
You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

People do well on sports betting and can make a living.  There is a guy who made the WSOP final table this year who was originally a poker professional but was making more from sports betting so he quit poker full time for that.

But I guess that is one in a million that have that kind of luck and skill to play it because this is gambling sometimes you win and sometimes you lose. So there is no guarantee that you will end up to be rich just from gambling thing

Sports betting, this is a different type of gambling. If you are interested in any sports discipline, and you say that you feel the expert. You can try to bet. I know people who love football and they have very good results with just betting matches - mainly the Spanish league. Ofcourse, they don't live only from this, but often have very big benefits.

[klf]

Sports betting is also risky like other format of gambling but it demands so much knowledge to take some profit but any unexpected result can ruin all winning.

That's why if you will go to a sports bettings, bet only to the sports that you are really interested if you really want to make a profit. This somehow can make you help a right prediction. Read some analyzations and opinions too and just don't bet quickly.

Since some of the sport events are arranged, no analyzations or qualitative opinions will help you to predict the result of a game in those cases. So IMO sports betting is not better than any other.

Yes that is true for example now a day IPL matches are mostly fixed with bookies so no one can predict the results based on the team strength. It is because all those matches are already pre booked and they want all matches more existing to attract people to watch these matches so they will keep most of those matches more existing until lost over. We all simply need to waste our time by guessing who can win the matches.

[StevenLiang]

It maybe but depends on the way you do!
You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

People do well on sports betting and can make a living.  There is a guy who made the WSOP final table this year who was originally a poker professional but was making more from sports betting so he quit poker full time for that.

But I guess that is one in a million that have that kind of luck and skill to play it because this is gambling sometimes you win and sometimes you lose. So there is no guarantee that you will end up to be rich just from gambling thing

Sports betting, this is a different type of gambling. If you are interested in any sports discipline, and you say that you feel the expert. You can try to bet. I know people who love football and they have very good results with just betting matches - mainly the Spanish league. Ofcourse, they don't live only from this, but often have very big benefits.

I would like to share some secret to you guys, please listen carefully.

Do not just play alone in sport betting, make some groups (in real life) or maybe you can start to give profit share for your groups member in the end of a week or month.

All members must be expert or at least love to watch their sport category.
And it would be more great if all of you jsut focus on 1 sport. For example: only soccer

The probability to win is more higher than play by yourself.

[CPULoyal]

I would like to share some secret to you guys, please listen carefully.

Do not just play alone in sport betting, make some groups (in real life) or maybe you can start to give profit share for your groups member in the end of a week or month.

All members must be expert or at least love to watch their sport category.
And it would be more great if all of you jsut focus on 1 sport. For example: only soccer

The probability to win is more higher than play by yourself.

How it will help the group to achieve better odds, being bigger? As far as I can analyze it, it will open you a bigger pool and nothing else. At this side of the planet, where soccer is The Pastime and betting is sanctioned by a National Lottery, no single group has ever won more than one first prize. I'm curious about the logic behind your shared secret.

[Dennis7777]

I would like to share some secret to you guys, please listen carefully.

Do not just play alone in sport betting, make some groups (in real life) or maybe you can start to give profit share for your groups member in the end of a week or month.

All members must be expert or at least love to watch their sport category.
And it would be more great if all of you jsut focus on 1 sport. For example: only soccer

The probability to win is more higher than play by yourself.

How it will help the group to achieve better odds, being bigger? As far as I can analyze it, it will open you a bigger pool and nothing else. At this side of the planet, where soccer is The Pastime and betting is sanctioned by a National Lottery, no single group has ever won more than one first prize. I'm curious about the logic behind your shared secret.

I don't think he is talking about getting better odds. Instead, I believe he is suggesting sports betting lovers to pool their knowledge/experience/analysis together to achieve a better chance to win.

[leex1528]

I would like to share some secret to you guys, please listen carefully.

Do not just play alone in sport betting, make some groups (in real life) or maybe you can start to give profit share for your groups member in the end of a week or month.

All members must be expert or at least love to watch their sport category.
And it would be more great if all of you jsut focus on 1 sport. For example: only soccer

The probability to win is more higher than play by yourself.

How it will help the group to achieve better odds, being bigger? As far as I can analyze it, it will open you a bigger pool and nothing else. At this side of the planet, where soccer is The Pastime and betting is sanctioned by a National Lottery, no single group has ever won more than one first prize. I'm curious about the logic behind your shared secret.

I don't think he is talking about getting better odds. Instead, I believe he is suggesting sports betting lovers to pool their knowledge/experience/analysis together to achieve a better chance to win.

In sports betting you probably have the worse house odds you can ever have when it comes to betting, except maybe slots not sure.  You have professional people essentially betting against you for sports betting.

[ANdr0id]

It could be but you have to have disciple and know when to call it quits when you have won a little profit for the day.
I've learned that small steps in gambling works and greedy can corrupt you and you will lose it all in a flash.

[Eastwind]

It could be but you have to have disciple and know when to call it quits when you have won a little profit for the day.
I've learned that small steps in gambling works and greedy can corrupt you and you will lose it all in a flash.

Gambling is an interesting activity. Basically we pay the casino to have entertainment there. It is a negative sum game. Some of us will  win, some of us will lose. But as long as we do not lose all we have, it is fine to gamble and enjoy the process. It is quite exciting some times.

[BTCevo]

It maybe but depends on the way you do!
You need a profitable source and a method to gamble which suits you.

Mine is sports-betting. ;P

What do you mean by that? I think all gambling is just the same, and I dont think there is profitable source because it is depends on yourself when you are gambling and method? Is there any method on gambling? All game is just the same on how you doing it

People do well on sports betting and can make a living.  There is a guy who made the WSOP final table this year who was originally a poker professional but was making more from sports betting so he quit poker full time for that.

But I guess that is one in a million that have that kind of luck and skill to play it because this is gambling sometimes you win and sometimes you lose. So there is no guarantee that you will end up to be rich just from gambling thing

Sports betting, this is a different type of gambling. If you are interested in any sports discipline, and you say that you feel the expert. You can try to bet. I know people who love football and they have very good results with just betting matches - mainly the Spanish league. Ofcourse, they don't live only from this, but often have very big benefits.

I would like to share some secret to you guys, please listen carefully.

Do not just play alone in sport betting, make some groups (in real life) or maybe you can start to give profit share for your groups member in the end of a week or month.

All members must be expert or at least love to watch their sport category.
And it would be more great if all of you jsut focus on 1 sport. For example: only soccer

The probability to win is more higher than play by yourself.

I dont think it is much different because you and your group place on the same bet so if one win all of your group will win too on the other side when you lose everyone in your group will lose too. Only love to watch sport doesnt make you good in betting because in sportbetting you really need to gather as many information as you can, without information you will not win this betting thing

[asusZ]

of course you can, but it all depends on luck, the great gambling can certainly produce more of it

[Aemon]

of course you can, but it all depends on luck, the great gambling can certainly produce more of it

Exactly.  A lot of people have been saying you can't win in the long term which I disagree, it all depends on how lucky you get.

[faince222]

Statistically you have more possibility to lose all than earn. But everything is possible because we mention probability and not something of sure. But gambling isn't profitable in long term. Maybe the only game that you can use for earn in long term is poker, I don't see other game that give you this possibility.

[Aemon]

Statistically you have more possibility to lose all than earn. But everything is possible because we mention probability and not something of sure. But gambling isn't profitable in long term. Maybe the only game that you can use for earn in long term is poker, I don't see other game that give you this possibility.

Well said at the beginning, then your statement contradicts itself.  Just because something is not probable does not mean it is not possible.

[lixer]

of course you can, but it all depends on luck, the great gambling can certainly produce more of it

Exactly.  A lot of people have been saying you can't win in the long term which I disagree, it all depends on how lucky you get.

Yes luck factors is very important when we are gambling. Gambling would be more profitable when you find yourself so lucky even in short time or in long time gambling.

[darkangel11]

Statistically you have more possibility to lose all than earn. But everything is possible because we mention probability and not something of sure. But gambling isn't profitable in long term. Maybe the only game that you can use for earn in long term is poker, I don't see other game that give you this possibility.

Ok, explain this to me. If I play cards with someone else, how come my chances of losing are higher than his? I'd say it's 50% as long as both players have similar experience in the game.

[Heutenamos]

of course you can, but it all depends on luck, the great gambling can certainly produce more of it

Exactly.  A lot of people have been saying you can't win in the long term which I disagree, it all depends on how lucky you get.

Yes luck factors is very important when we are gambling. Gambling would be more profitable when you find yourself so lucky even in short time or in long time gambling.

yes ,but this theory is applicable for a certain time span and definitely not forever. One day you are going to fuck yourself up by gambling against the house .
That is the reason people here say you will lose in the long run.An insanely lucky gambler might win for 10 year's but in some random year he will lose everything if he doesn't stops.He can be incredibly lucky again to stop right before the bust this time but cant avoid it again and again .

Statistically you have more possibility to lose all than earn. But everything is possible because we mention probability and not something of sure. But gambling isn't profitable in long term. Maybe the only game that you can use for earn in long term is poker, I don't see other game that give you this possibility.

Ok, explain this to me. If I play cards with someone else, how come my chances of losing are higher than his? I'd say it's 50% as long as both players have similar experience in the game.

you are excluding the house and talking  of pvp gambling .I assume his point was for people gambling against the house or casino.

[FrueGreads]

I think you can find some potential evidence that gambling can be profitable in the long term by checking the leaderboard from last Tipsters Competition: https://directbet.eu/Competition.cshtml

Look at those ROI% from the winners, 168.27 % to 652% profit in just one month, and with a limit bet stake of 5% their bankroll.
That can't be just luck since it was over a month and with many bets.