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Author Topic: Can gambling be profitable in long term ?  (Read 112191 times)
Struble
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November 27, 2015, 12:07:37 PM
 #801

It's possible, if you're an everyday gambler, you could keep up how much your losing and winning. Just write it down somewhere. If you keep a record of this you can see how much you're losing and if you need to stop playing.

caliboy37
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November 27, 2015, 12:10:37 PM
 #802

I think you can win big in long term if you cash out and you play safe
JeWay
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November 27, 2015, 12:17:56 PM
 #803

I think you can win big in long term if you cash out and you play safe
Cash out? after lose?
Please be more specific
shulio
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November 27, 2015, 12:23:17 PM
 #804

I think you can win big in long term if you cash out and you play safe

No you cant. It has been repeated that you cant win in long term, you can only win in short term if there is a variance and some luck otherwise you will lose most of the time
stiffmunic
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November 27, 2015, 12:32:55 PM
 #805

I do not think so.
adaseb
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November 27, 2015, 02:17:15 PM
 #806

I think you can win big in long term if you cash out and you play safe

Yes you can but only if you get lucky and win and cash out. But what happens if you lose? What do you do then? The smart thing would be to cash out but most don't
LuckyYOU
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November 27, 2015, 02:26:03 PM
 #807

I think you can win big in long term if you cash out and you play safe

Yes you can but only if you get lucky and win and cash out. But what happens if you lose? What do you do then? The smart thing would be to cash out but most don't

If you lose you lose, that's the chance you take with gambling. The best thing to do is to cash out when you've made 100% profit and if you want to continue gambling only play with the money you've won.

butcherboss
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November 27, 2015, 02:45:43 PM
 #808

Logically no gambling wont be profitable in long term because the house has the advantage. But if you are lucky it can be profitable
klutzbelgian
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November 27, 2015, 03:26:55 PM
 #809

long long term no... house edge will always eat your money (my opinion)
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November 27, 2015, 03:40:24 PM
 #810

Logically no gambling wont be profitable in long term because the house has the advantage. But if you are lucky it can be profitable
It can be profitable for you if you know how to handle your money right.

There's no issues if you keep track of your losses and winnings, if you do this you should stop when you're losing

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November 27, 2015, 06:00:49 PM
 #811

Nothing is impossible if you gamble in gambling. You can win or lose everytime.
And it all depends from you if do you have skill in gambling. Possible profitable in long term.

So are you saying only skill is important to win money in gambling in the long run? If yes, then you're wrong because if only skill matters than by now there will be millions of expert gamblers will be available but together with skill one more important thing is LUCK is needed and this luck will not come every day so no one can make money from gambling every day.

Yea i know, luck is the key in gambling. But we need skill or strategy to playing it
And you know, this luck will  not come everyday. so we need skill or strategy to play everyday

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GannickusX
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November 27, 2015, 09:09:31 PM
 #812

Nothing is impossible if you gamble in gambling. You can win or lose everytime.
And it all depends from you if do you have skill in gambling. Possible profitable in long term.

So are you saying only skill is important to win money in gambling in the long run? If yes, then you're wrong because if only skill matters than by now there will be millions of expert gamblers will be available but together with skill one more important thing is LUCK is needed and this luck will not come every day so no one can make money from gambling every day.

Yea i know, luck is the key in gambling. But we need skill or strategy to playing it
And you know, this luck will  not come everyday. so we need skill or strategy to play everyday

Everything you said was stupid and non-sense. What kind of gambling games are you talking about? I hope not dice or roulette because strategies there don't work, although some strategies can give you a 0.01% increased chance it's still not significant. Strategy does NOT matter in those kind of games.
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November 27, 2015, 09:28:59 PM
Last edit: November 27, 2015, 09:39:09 PM by TippingPoint
 #813

Gambling has been profitable for me, as long as you include poker in your definition of gambling (and almost everyone does).  Once up a time I engaged in other forms of gambling, which of course was not profitable.  Internet Bitcoin poker has helped me improve my patience, observation, logic, discipline, and decisiveness.  I play on SwCPoker.
zidane
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November 27, 2015, 10:53:27 PM
 #814

made 1300k doge from 20k in one of gambling site, well thought is good enough
cashout 1000k doge for bought new android phone.. lol
i think it would be easy with 300k doge to 1000k or so
ohh damn im wrong , it's not easy and yeahh lost it all hmmm Undecided
in other words we can not win in the long term
xCynosure
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November 27, 2015, 10:59:37 PM
 #815

The longer/more you gamble, the more likely, statistically, that the house edge will fuck you... which is exactly what it's designed to do.

If you find yourself with a decent win, cash out and run, or you'll eventually be giving it right back.

When you're looking at dice/roulette/plinko sites, there isn't really much in terms of strategy that will overcome the house edge... people who believe so are victims of gambler's fallacy.
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November 27, 2015, 11:44:21 PM
 #816

made 1300k doge from 20k in one of gambling site, well thought is good enough
cashout 1000k doge for bought new android phone.. lol
i think it would be easy with 300k doge to 1000k or so
ohh damn im wrong , it's not easy and yeahh lost it all hmmm Undecided
in other words we can not win in the long term

That is true. Gambling is not for winning every day or long term even in poker. People think they can win but if they try surely they can't win every day because all games need some kind of luck to win. So you think luck will come every day? I don't think but it only comes in some days so you may win in gambling only some times but not always.
enthus
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November 28, 2015, 02:16:52 AM
 #817

I do not think so, you will need to be very small betting and avoid the unlucky odd in order for it to be profit in long term
BTCevo
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November 28, 2015, 04:25:30 AM
 #818

made 1300k doge from 20k in one of gambling site, well thought is good enough
cashout 1000k doge for bought new android phone.. lol
i think it would be easy with 300k doge to 1000k or so
ohh damn im wrong , it's not easy and yeahh lost it all hmmm Undecided
in other words we can not win in the long term

That is true. Gambling is not for winning every day or long term even in poker. People think they can win but if they try surely they can't win every day because all games need some kind of luck to win. So you think luck will come every day? I don't think but it only comes in some days so you may win in gambling only some times but not always.

It depends. Sure you can win it everyday but not in the same amount sometimes you will win 0.01 or 0.1 it depends on how greedy you are. Some of them set 0.1 winning each day so they will keep on playing it until they earn 0.1 but you are keep on losing until now. So I said it really depends on yourselves too. Although you are not in luck but if you manage your balance and your base bet you will sure to earn some of it
hua_hui
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November 28, 2015, 05:01:16 AM
 #819

made 1300k doge from 20k in one of gambling site, well thought is good enough
cashout 1000k doge for bought new android phone.. lol
i think it would be easy with 300k doge to 1000k or so
ohh damn im wrong , it's not easy and yeahh lost it all hmmm Undecided
in other words we can not win in the long term

yah, this is what we have been trying to say. u sure can win a bit here and there. but if u wan to make sure u earn in the long run, it is very hard.
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November 28, 2015, 05:35:53 AM
 #820

After all the discussions here and one still confused or didn't sure about what's the 'better' answer of the thread title, maybe one can try gambling and see for themselves if it can make profit for a long term playing. Then head back here after a long time then state their experience lol.

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