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Author Topic: Can gambling be profitable in long term ?  (Read 112188 times)
gregyoung14
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March 01, 2016, 01:51:13 PM
 #1181

Play poker in a "live physical casinos" rather than in an online gambling site.

Others players are making living out of playing strategy based games while playing in a direct physical casinos.

But you just need a quiet large bankroll here to take you in a long run.

Yep, you can really learn a lot playing in a live poker house way more than playing poker online. It's just a lot different.
talkbitcoin
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March 01, 2016, 02:00:16 PM
 #1182

Play poker in a "live physical casinos" rather than in an online gambling site.

Others players are making living out of playing strategy based games while playing in a direct physical casinos.

But you just need a quiet large bankroll here to take you in a long run.

Yep, you can really learn a lot playing in a live poker house way more than playing poker online. It's just a lot different.

i think gambling can be profitable in the long run no matter the online game you chose to gamble on but it is a very hard thing to pull off and that is mainly because of the existence of house edge.

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krunox123
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March 01, 2016, 02:02:45 PM
 #1183

It can be profitable in long term. Because you lose more money than you win money and that is very bad of gambling.
But I hope that more people will realize that gambling is very bad and that they must stop with it.
How is that even possible to profitable in the long-term? As far as I know, gambling is never profitable in the long-term. But still you are not always profitable even if you are going for short-term gambling.

Life sucks.
tn211
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March 01, 2016, 02:13:10 PM
 #1184

Not it can be profitable. Or you just must be lucky. And that is not a big chance to happen that so fast.
You never know what can happen later in the future. But most people lose always more money than they win money. And that is quite bad.
Hellacopter
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March 01, 2016, 02:32:31 PM
 #1185

I don't think that gambling can be profitable in long term , because it's so risky and also there is no guarantee that you will not lose your hard earned coins in just one bet, so gambling is worthless in my opinion
nejibens
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March 01, 2016, 03:43:20 PM
 #1186

Gambling can't be profitable in long term as you risk losing everything just in one bet and as it's depending only in luck
relq
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March 01, 2016, 03:51:10 PM
 #1187

Gambling can't be profitable in long term as you risk losing everything just in one bet and as it's depending only in luck

I think gambling can be profitable in long-term, especially if you have big bankroll and gambling on sportsbook. i'm sure you can earn much money in long term.
Wendigo
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March 01, 2016, 03:56:19 PM
 #1188

Sportsbetting can be profitable in long term if people keep a strict bankroll management and don't overbet following a losing streak. Heck even dice can be profitable. I saw a PrimeDice leaderboard screenshot where some people had hundreds of bitcoins in profit. It's so amazing how a little stroke of luck can change your life isn't it?
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March 01, 2016, 06:40:53 PM
 #1189

If skill based games were a thing in Bitcoin, we would see a lot of people playing those instead of only slots and dice, and in skill based games you can reduce the % of luck by training, you can never do this with good ol dice and slots. Unfortunately we are only limited to a handful of skill based games like Battlecoin and the agar.io clone and those aren't responsive enough lag wise to be worth devoting al to of time into becoming skilled at it.
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March 01, 2016, 07:14:14 PM
 #1190

No, otherwise casinos would not exist.
This is the question of someone who can not think for five minutes and realize that.

Wait a minute....Stop and think for five minutes!  Are the casinos turning a profit by gambling?  If so, then gambling can be profitable in the long term, right?  Now, if a person gambled like the casinos do, by only backing wagers that had a positive expected value, then they could realize profit also, true?

People lose to casinos because they are backing wagers that have a negative expected value (house edge).  They do so because they are seeking entertainment, not profit.  The professional gambler is seeking profit, not entertainment, so they do not back wagers that have a negative expected value....
kacak41
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March 01, 2016, 09:36:42 PM
 #1191

I don't think that gambling can be profitable in long run as it involves a great level of risk, and we are not that fortunate that we keep on winning every time, we might loose everything in a single bet.
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March 02, 2016, 08:18:43 AM
 #1192

Long term is not the best way for gamblers, if they keep on doing gambling for years and years they will end up loosing all the coins sooner or later. I think gambling can never be profitable in long term unless some people do arbitrage betting, which always gives profit.
dinda22
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March 02, 2016, 08:33:19 AM
 #1193

Long term is not the best way for gamblers, if they keep on doing gambling for years and years they will end up loosing all the coins sooner or later. I think gambling can never be profitable in long term unless some people do arbitrage betting, which always gives profit.
yes true, gambling is not for the long term. but gambling is only for the short term.
example: I have been playing gambling a few years, and lost so much. compared to victory. and if I count I never get the benefit.
KingOfBet
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March 02, 2016, 08:36:54 AM
 #1194

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

it's short term.
long term - lose money Cheesy
Pattart
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March 02, 2016, 09:13:10 AM
 #1195

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

it's short term.
long term - lose money Cheesy
still same. though one play by the rules. he still could not fortunate in the long term
Altynbekova
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March 02, 2016, 09:49:32 AM
 #1196

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

it's short term.
long term - lose money Cheesy
still same. though one play by the rules. he still could not fortunate in the long term

Gambling can be profitable on a long term but you need a lot of money to do this and also a lot of time to make profit.

And there is another thing.. luck you will need a lot of luck if you ask me.
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March 02, 2016, 10:12:08 AM
 #1197

Long term is not the best way for gamblers, if they keep on doing gambling for years and years they will end up loosing all the coins sooner or later. I think gambling can never be profitable in long term unless some people do arbitrage betting, which always gives profit.
yes true, gambling is not for the long term. but gambling is only for the short term.
example: I have been playing gambling a few years, and lost so much. compared to victory. and if I count I never get the benefit.

Gambling is for long term but can't give you profits for a long term.

One can do gambling even the rest of his life but really can't take much profits out of here even for a long run.

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tn211
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March 02, 2016, 10:20:03 AM
 #1198

Long term is not the best way for gamblers, if they keep on doing gambling for years and years they will end up loosing all the coins sooner or later. I think gambling can never be profitable in long term unless some people do arbitrage betting, which always gives profit.
yes true, gambling is not for the long term. but gambling is only for the short term.
example: I have been playing gambling a few years, and lost so much. compared to victory. and if I count I never get the benefit.

Gambling is for long term but can't give you profits for a long term.

One can do gambling even the rest of his life but really can't take much profits out of here even for a long run.

This is true. gambling is fun and tempting to do it full time. But to earn money with your gambling for you whole life is not possible. Even for the most skilled players.
Thing is you can't be concentrated and skilled all the time.
martinacar
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March 02, 2016, 10:42:26 AM
 #1199

I think it is not possible. You lose always lose more money than you win money. And sometimes you win small prizes.
But you never win a lot of money. Or you just have to be lucky. But that happens not that often.
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March 02, 2016, 10:53:08 AM
 #1200

Long term is not the best way for gamblers, if they keep on doing gambling for years and years they will end up loosing all the coins sooner or later. I think gambling can never be profitable in long term unless some people do arbitrage betting, which always gives profit.
yes true, gambling is not for the long term. but gambling is only for the short term.
example: I have been playing gambling a few years, and lost so much. compared to victory. and if I count I never get the benefit.

Gambling is for long term but can't give you profits for a long term.

One can do gambling even the rest of his life but really can't take much profits out of here even for a long run.

This is true. gambling is fun and tempting to do it full time. But to earn money with your gambling for you whole life is not possible. Even for the most skilled players.
Thing is you can't be concentrated and skilled all the time.
The point is that gambling is unpredictable so you never know what will happen, I also thin gambling cannot be profitable on a long term, well it can be but you will need a lot of luck if I'm honest.

You can use all kind if tactics and all kind of stuff but this will not help you to make profit on a long term.

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