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Author Topic: Can gambling be profitable in long term ?  (Read 112191 times)
dodgecharger
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January 02, 2016, 03:25:20 PM
 #1061

Well, if gambling can't be profitable in the long run, then all them millionaire professional poker players we keep watching win that big stack of money on the final table of the World Series of Poker's Main Event must be faking it very well because they have me convinced!   I mean players like Daniel Negreanu (~50M USD), Phil Hellmuth(~20M USD), and Phil Ivey (~100M USD) made their millions gambling.  That's long term profit!
very few gamblers can have that level of achievement and are able to live with it! I could say most of gamblers are losing money! As long as they can control themselves and stop doing it, there is no problem at all! At least they gain a lot of fun from it!
flagpara
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January 05, 2016, 01:27:04 PM
 #1062

This whole thread is totally stupid.

GAMBLING

Which also means betting against the bank... You know the thing that has 51% chance to win while you have only 49%?

You can't win on the long term at gambling. You can at poker where skills matter, but you just can't in a betting game. They were created in a way that you can't win...

raaajlucky
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February 21, 2016, 04:56:31 AM
 #1063

If you have hands of experience in playing Gambling it could be possible to make profit in long term but i am not sure it all depends on ur luck.
Alvin Fahriza
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February 21, 2016, 05:57:36 AM
 #1064

If you have hands of experience in playing Gambling it could be possible to make profit in long term but i am not sure it all depends on ur luck.
lol You think the experience could guarantee victory in gambling. many people who have long gamble and have experience, but he always loses

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February 21, 2016, 08:50:15 AM
 #1065

If you have hands of experience in playing Gambling it could be possible to make profit in long term but i am not sure it all depends on ur luck.
lol You think the experience could guarantee victory in gambling. many people who have long gamble and have experience, but he always loses

Yeah I agree on that. May be you can use any of your experience to win poker game but without any luck you can't win anything from gambling no matter how much experience do you have you will keep on busted
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February 21, 2016, 09:30:37 AM
 #1066

If you have hands of experience in playing Gambling it could be possible to make profit in long term but i am not sure it all depends on ur luck.
I dont think so. You always lose more money than you win money. So you lose more money and that is now so good.
You can play wit a little amount and than you can make more money if you are very lucky.
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February 21, 2016, 10:00:49 AM
 #1067

If you have hands of experience in playing Gambling it could be possible to make profit in long term but i am not sure it all depends on ur luck.

Only experience in gambling will not help to win money in the long run but surely it will help to predict accurate results in sports betting, if your expert in any sports. But along with these experience we also need luck to win money in gambling so we can't win every day or in the long run but once in awhile should be fine.
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February 21, 2016, 10:24:02 AM
 #1068

If you have hands of experience in playing Gambling it could be possible to make profit in long term but i am not sure it all depends on ur luck.
I dont think so. You always lose more money than you win money. So you lose more money and that is now so good.
You can play wit a little amount and than you can make more money if you are very lucky.

In terms in a long run gambling if it is year long gambling you can profit from it and maybe you would become an experience gambler because of it. But if you mean a long term day only it will be very imposible, house edge will possibly rule over you in gambling.
Laosai
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February 21, 2016, 10:44:08 AM
 #1069

This whole thread is totally stupid.

GAMBLING

Which also means betting against the bank... You know the thing that has 51% chance to win while you have only 49%?

You can't win on the long term at gambling. You can at poker where skills matter, but you just can't in a betting game. They were created in a way that you can't win...

Yeah that's more or less the idea xD

No way to win but the Martingale with infinite money.

Just wonder how far did someone do on the Martingale? Did anyone reached you know like the 1000 btc bet?

futurebit640
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February 21, 2016, 05:48:49 PM
 #1070

I don't think so but it may be for some one who are having very good experience in playing Gambling they can make profit in long term but i am not 100% sure. In some times our fate is not good means no experience & no strategy will work here only our luck matters... Shocked Shocked Shocked
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February 21, 2016, 06:22:35 PM
 #1071

This whole thread is totally stupid.

GAMBLING

Which also means betting against the bank... You know the thing that has 51% chance to win while you have only 49%?

You can't win on the long term at gambling. You can at poker where skills matter, but you just can't in a betting game. They were created in a way that you can't win...

Yeah that's more or less the idea xD

No way to win but the Martingale with infinite money.

Just wonder how far did someone do on the Martingale? Did anyone reached you know like the 1000 btc bet?

I don't get it? If you had infinite amount of money which nobody has why would you waste time with a losing strategy it makes no sense.
The above has got it about right on a dice game but not a real casinio with varied games and varied edges,
Exp- a American Roulette table with give the house about a 5% edge and a European table 2.5% slots have a much bigger edge.
The gist is the same in the end the house always wins just look at Vegas, that was not built from a losing house edge Wink  
There is obviously winners what we call pro gamblers but there are very few of them and for average joe it will never be profitable in the long run.

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February 21, 2016, 06:45:04 PM
 #1072

Definitely, I know a way to do it one hundred percent! Binary trading (Bet on market being up or down), hack the source and make it up (bet on up), win! Or easier, hack the whole casino

Yes, but that's not exactly gambling. Hacking is more like stealing to me so I don't think this answers the OP's question (maybe you are joking though  Smiley ).

I like the fact that most answers in this thread are like "No, it can't be." And I agree with that. Gambling is either a funny game or a disease. In both cases it can't be profitable in long term.

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rektDude
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February 21, 2016, 09:24:56 PM
 #1073

It can be profitable if you are a professional. But most of us will only lose and keep on losing when we gamble.

 It's the nature of this game.
bitcoinmar
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February 21, 2016, 09:53:22 PM
 #1074

It can be profitable if you are a professional. But most of us will only lose and keep on losing when we gamble.

 It's the nature of this game.
Your point is very real because I also face situation like this mostly in  long term I lost some good amount and feel very bad for myself just because of this now going to take some long break from this
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February 21, 2016, 10:35:16 PM
 #1075

yes gambling can be profitable, but I guess people with big bankrolls have higher chance to get huge profits.

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February 21, 2016, 11:13:33 PM
 #1076

Gambling can be really profitable but it mostly not this is because of the people that are betting with to high numbers.
I think if you just bet with low numbers and lose and win sometimes its possible but you always have to keep in mind that you need real luck to win.

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February 21, 2016, 11:26:53 PM
 #1077

Yes you can. Especially for people who betting on sportsbook, they have many experience about it and i'm sure they can get profit for long term, and also you need big bankroll though.
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February 22, 2016, 01:31:13 AM
 #1078

It can be profitable if you are a professional. But most of us will only lose and keep on losing when we gamble.

 It's the nature of this game.
Professional ? I just heard that any gambler professional. so how to I could be a professional, and could profitable in long term ?
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February 22, 2016, 01:45:37 AM
 #1079

I don't think so but it may be for some one who are having very good experience in playing Gambling they can make profit in long term but i am not 100% sure. In some times our fate is not good means no experience & no strategy will work here only our luck matters... Shocked Shocked Shocked

In gambling to make money over the time we need a pure luck not the experience. But as per me, I don't think any one will get luck every day to win money in gambling over the time so it is good to gamble only some times to check your luck instead every day gambling.
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February 22, 2016, 05:41:44 AM
 #1080

yes gambling can be profitable, but I guess people with big bankrolls have higher chance to get huge profits.
Yeah who have big bankroll allows to recover right away. when he lost the bet. but you have to be careful and do not panic

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