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Author Topic: Can gambling be profitable in long term ?  (Read 112251 times)
redsun114
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March 02, 2016, 01:46:35 PM
 #1201

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.
But I think gambling can be profitable in long term if you have very big enough bankroll. If you have small bankroll and try to martingale too much and too hard, you will end up loosing all and more surely in long term also.

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March 02, 2016, 02:10:23 PM
 #1202

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.
But I think gambling can be profitable in long term if you have very big enough bankroll. If you have small bankroll and try to martingale too much and too hard, you will end up loosing all and more surely in long term also.

Still not an assurance.

High bankroll will really lead you to a long term playing but the possible sequence here will be a rotating amount and overall if you will compute all your hold amount after doing gambling, still you have a small earnings or the worst case, big losses.

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Bitcoinbro
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March 02, 2016, 02:51:18 PM
 #1203

That will not be good. Gambling cant be profitable in long term. You will always lose more money than you win money.
So is how gambling is made and that is very bad. Everyone likes it to do, but they spend a lot of money in it.
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March 03, 2016, 01:13:24 PM
 #1204

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.
what if he had experienced in gambling. certainly he had memorized very well with gambling tricks. I often find stats user with a large profit in primedice. and the user had long played in dice or gambling. I think it proves gambling can be profitable in long term
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March 03, 2016, 01:41:05 PM
 #1205

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.
what if he had experienced in gambling. certainly he had memorized very well with gambling tricks. I often find stats user with a large profit in primedice. and the user had long played in dice or gambling. I think it proves gambling can be profitable in long term


No. Your "what if" is still what if. No proofs. If that "what if" happened the thread title will not be exists and won't think of all the users here in the community. Smiley
BitsandBites
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March 03, 2016, 01:56:52 PM
 #1206

No it can't. It hasn't been profitable in the past and nor will it be n the future. Just look how it is corrupting so many peoples live.
Nobody should do it for more then twice a week.
gilangIDR
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March 03, 2016, 02:00:42 PM
 #1207

It will never happen. gambling only provides a wealth of short. you can not rely on gambling for a long life.
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March 03, 2016, 02:07:41 PM
 #1208

On long term I don't think so, Regardless of the game and type of gambling there is a spread on the player giving in each game, Therefore on long term I think the majority of players don't make money from gambling.
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March 03, 2016, 02:13:33 PM
 #1209

if we are just considering the probability of things to happen then yes it is possible but the chance is so small so in action it is not profitable for majority of people. one of the biggest reasons is the house edge which makes each bet in the house favor

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Newcoins2020
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March 03, 2016, 03:13:12 PM
 #1210

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.
But I think gambling can be profitable in long term if you have very big enough bankroll. If you have small bankroll and try to martingale too much and too hard, you will end up loosing all and more surely in long term also.

Still not an assurance.

High bankroll will really lead you to a long term playing but the possible sequence here will be a rotating amount and overall if you will compute all your hold amount after doing gambling, still you have a small earnings or the worst case, big losses.
Gambling cant be profitable in a long term, that is impossible or you just to be lucky, but that not happen that often.
I hope that more people will understand that gambling is very bad. You always lose more money than they win money.
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March 03, 2016, 03:49:45 PM
 #1211

It will never happen. gambling only provides a wealth of short. you can not rely on gambling for a long life.
Well, if you're just gambling without thinking it was very hard going, but if you have a strategy for it, maybe you'd have to with a long time in gambling, who knows?  Grin
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March 03, 2016, 03:57:14 PM
 #1212

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
I agree with you since gambling is a way of getting your bitcoin doubled, tripled or more in a short time but once the site detected that you won a lot then something pop-up to make you lose it all Sad

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nostal02
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March 03, 2016, 04:10:13 PM
 #1213

Yes it is profitable in long term if you stay and focus on one...
Like in poker you will eventually know how to read cards on how many aces are left on the deck...
Most likely you will gain profit...
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March 03, 2016, 04:13:41 PM
 #1214

Yes it is profitable in long term if you stay and focus on one...
Like in poker you will eventually know how to read cards on how many aces are left on the deck...
Most likely you will gain profit...

Even with a focus it can't take you in a long rum especially in those gambling type that faces the power of provably fair and house edges.

I believe getting profit from gambling is really possible but it's not that easy.
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March 03, 2016, 04:15:11 PM
 #1215

not all types of gambling can be profitable in the long term but there are some like poker or sports betting where you need strategy and if you have a really good one you can profit
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March 03, 2016, 04:47:17 PM
 #1216

There is a house edge on the player always so I don't think it can be profitable on long term, Although it varies according to the specific condition but I think bitcoin is just more of an entertainment than a money source etc...
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March 03, 2016, 04:58:38 PM
 #1217

not all types of gambling can be profitable in the long term but there are some like poker or sports betting where you need strategy and if you have a really good one you can profit

I would argue sports gambling is probably the hardest thing in the world to have an advantage at.  Unless of course you're playing in the game itself which is illegal.

The reason it is a  lot harder, is because you have professionals picking against you. 
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March 03, 2016, 05:01:35 PM
 #1218

If you are a smart gambler this might be possible and if you have mastered the games you might be very successful. But this might takes you a long study for you have to know the risk that will make you loose. Gambling maybe good on the pat of winning but there is always a part of loosing  be very careful when spending fortune for gambling..

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March 03, 2016, 05:15:09 PM
 #1219

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
I agree with you since gambling is a way of getting your bitcoin doubled, tripled or more in a short time but once the site detected that you won a lot then something pop-up to make you lose it all Sad

You can try to change the seed right? So although the site is detecting your bet or something like that you can still change some strategy and after you win some cash you have an option to withdraw it right so all decision in your hand. You will not lose something easily like that if you think carefully about your winning money
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March 03, 2016, 08:39:19 PM
 #1220

It can be profitable on a long term but this is not working for the most people because they will do the opposite lose a lot on a long term.
I think you do not need to try this out because its very risky, only if you have to money you can do it, considering it.
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