Can gambling be profitable in long term ?

[ikydesu]

Can gambling be profitable in long term ?

Not, even you only get lose. Gambling is just for fun.

It's profitable when you invest in their bankroll, even this is have a high risk too.

[hua_hui]

the funny thing is that there is a lot of people here keep playing the gamble game in hope to win. And they claimed they are quite successful. That is the surprising thing.

[lorylore]

that is how i feel so too. there seems to be quite a handful of people who said that they can win often.

[thinkinger]

sure for the site owners.not profitable but very , very profitable.

[hua_hui]

very profitable? but the house edge like so marginal, even profitable also quite limited right? there also have days of unlucky run.

[groozh]

Can gambling be profitable in long term ?

The short answer? Yes. There's a difference between gambling and betting: gambling is based entirely on luck, it is a hobby which you should be willing to spend (and lose) money on. However, if you do your research and bet smart you can make steady, consistent profit.

This guy is right:

sure for the site owners.not profitable but very , very profitable.

The vast majority of bettors make betting sites very rich. But if you know what you're doing, you can take a slice of those profits for yourself. I would recommend that you avoid online casinos - poker is the only game where you can profit if you are good enough, but that's more likely in person, not online.

[fox19891989]

Can gambling be profitable in long term ?

The short answer? Yes. There's a difference between gambling and betting: gambling is based entirely on luck, it is a hobby which you should be willing to spend (and lose) money on. However, if you do your research and bet smart you can make steady, consistent profit.

This guy is right:

sure for the site owners.not profitable but very , very profitable.

The vast majority of bettors make betting sites very rich. But if you know what you're doing, you can take a slice of those profits for yourself. I would recommend that you avoid online casinos - poker is the only game where you can profit if you are good enough, but that's more likely in person, not online.

Yeah, as far as i know, there are more than 10 BTC casinos can earn over 1k btc from gamblers, maybe more than 5 casinos can earn more than 10k btc, and their owners are ridiculously rich now, but most gamblers are broke.

[harizen]

'Somehow' others can get benefits from those gambing site. One good example is their signature campaign services like in my signature. If vast number of people will not played in a gambling site that offers this service, it can't make profit. Therefore no signature campaign will be present by them.

[fox19891989]

'Somehow' others can get benefits from those gambing site. One good example is their signature campaign services like in my signature. If vast number of people will not played in a gambling site that offers this service, it can't make profit. Therefore no signature campaign will be present by them.

you are right, we can make money from signature campaign, besides, we can earn money from referring players, i mean we can earn money from affiliates programs, casinos usually offer 20%-50% commissions, which can be profitable too.

[spazzdla]

If you are playing against the house?

NO FING CHANCE EVER, let no one tell you different.  The house ALWAYS wins.

Poker however, god yes the house doesn't play.  People have made livings from poker.  The house cannot be involved.

[leex1528]

If you are playing against the house?

NO FING CHANCE EVER, let no one tell you different.  The house ALWAYS wins.

Poker however, god yes the house doesn't play.  People have made livings from poker.  The house cannot be involved.

One of the best answers I have heard in awhile.  It is next to impossible to beat odds against you over a long period of time.  Remove the house, and you remove the odds, now its just heads up play that makes you good or not.

[wearepoor]

gambling will not make you rich forever. here you will learn to keep your money. allocate your money and return to gambling when you are short of money.

You are completely wrong here. You are not gambling when you are short of money, never.
You only gamle with excessive of your money, when you actually have money you can lose, without jeopardizing your financial situation further.

Yeah I agree with you but some people use gambling to earn for their life and they need to win it no matter what, and use their financial to get more win so they can live using that winning cash so actually it depends on your purpose on gambling

Dependent on gambling for financial needs it doesn't make any sense because gambling can bust all money at anytime suddenly we goes into negative with nothing from positive so that gambling can't be profitable in long term.

Agreed with you, its not a good idea to depend on gambling to fulfill our financial needs and gambling will never be profitable in the long run. If you tally the loss and profit from the gambling then you will realize that you have spent much more than what you have earned from gambling. So as per me if you just gambling for the fun then its ok otherwise its better to stay away from gambling.

[lorylore]

is there any gambling site allows investor?? and it is worthwhile to invest??

[joksim299]

is there any gambling site allows investor?? and it is worthwhile to invest??

There are many, but i can't tell whether it's worth to do it since it's gambling site. Maybe, when you invest there, someone won big & you lost everything.
But, i would recommend invest in gambling site which use MoneyPot, because the owner can't run away with investor money

But MoneyPot can run away with investors money that is a possibility but I do not think that will happen and they are incorporated.

Never invest more than you are willing to lose and do not invest unless you clearly understand the risks and rewards.

Like ETF said there are many sites that allow you to invest in bankroll. You can find most of the sites which allow invest option at Bitcoin Strip, just check 'Invest option' to apply filter.

[fulgdenea]

is there any gambling site allows investor?? and it is worthwhile to invest??

There are many, but i can't tell whether it's worth to do it since it's gambling site. Maybe, when you invest there, someone won big & you lost everything.
But, i would recommend invest in gambling site which use MoneyPot, because the owner can't run away with investor money

Moneypot is in under management of Ryan and this is one of the legit person who providing best services for gambling so that i think moneypot is best to make investment.

[futurebit640]

is there any gambling site allows investor?? and it is worthwhile to invest??

There are many, but i can't tell whether it's worth to do it since it's gambling site. Maybe, when you invest there, someone won big & you lost everything.
But, i would recommend invest in gambling site which use MoneyPot, because the owner can't run away with investor money

Moneypot is in under management of Ryan and this is one of the legit person who providing best services for gambling so that i think moneypot is best to make investment.

I also do not know much about moneypot it would be great help if any one can provide more details on this site. Yes I know I can google it and can find out but if experienced people provide a feedback then I would be very useful information so requesting some one to give more details on this site.

Edit - i got info on this forum itself here https://bitcointalk.org/index.php?topic=1020726.0

Thanks

[roldstin]

If your lucky enough it can be profitable.

Some people are born winner or born lucky

I notice most of it on some betting sites

[katerniko1]

If your lucky enough it can be profitable.

Some people are born winner or born lucky

I notice most of it on some betting sites

disagree betting in long term you will always end up on negative.
regards.
-Katerniko1

[futurebit640]

is there any gambling site allows investor?? and it is worthwhile to invest??

http://x2-bitcoin.co.nf/index/bitcoin.html

http://x2-bitcoin.co.nf/index/litecoin.html

http://x2-bitcoin.co.nf/index/dogecoin.html

http://x2-bitcoin.co.nf/index/payeer.html

you can try it with 0.001 ( About 0.2 $ )

and here is official thread for this site: https://bitcointalk.org/index.php?topic=1191362.msg12530378#msg12530378

Do not ever invest in these kind of ponzi sites because they will surely scam people soon or later. They offer profits which is not a realistic and it completely depends on another investor who is ready to loss his money to give you profit. Instead you keep your coins with you and you can sell it later on for more profits. Do not even waste your time in checking these sites.

[spazzdla]

If your lucky enough it can be profitable.

Some people are born winner or born lucky

I notice most of it on some betting sites

Never play long term against the house.
YOU
WILL
LOSE.

Do something that the house only takes a cut and is not playing the game.