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Author Topic: Can gambling be profitable in long term ?  (Read 112191 times)
ralle14
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July 30, 2016, 12:15:14 AM
 #1421

I think it could be profitable I see few users on different dice and plinko sites with positive stats I dont know how they manage to be in profit or maybe it's just sheer luck that they reach that side. I rarely see these users gamble though like they come back after a month or two from their last session.

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rio3233
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July 30, 2016, 12:38:35 AM
 #1422

If the gambler can control himself on gambling and good at bankroll management, i think yes, gambling can be profitable in long run. Because i ever experienced it, but lost it all because i can't control myself.
The Sceptical Chymist
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July 30, 2016, 01:51:45 AM
 #1423

But statistically...the chances, that it won't is probably much much bigger and probable.

Y would you say so?


A derper for the mathematically challenged right here.  In the long run, you're always going to lose if the house has even a little edge.  It's the same as flipping a coin a hundred million times--you're going to get 50/50 heads-tails even though at any given run you might get 10 tails in a row or whatever.

So haaaayyyllll no, in the long run all gamblers who play games of chance are pretty much fucked.  And that's not even taking into account getting hooked on gambling.  That'll take you down a lot quicker.

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BossMacko
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July 30, 2016, 02:02:15 AM
 #1424

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

Well it all depends on your luck and how you control yourself. If your target is 50-100$ you need a big bankroll yourself to be able to achieved your target. After you achieved your target you should stop for the day but if you continue you might lose your profit plus your initial bankroll.
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July 30, 2016, 02:11:58 AM
 #1425

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Yes it can, and nothing is impossible for that, but it depends your luck mate well if it happen everyday your so lucky, and but, it takes 1 in a million percent before it happens to you
pearl11
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July 30, 2016, 02:21:53 AM
 #1426

well anything can happen..
nothing is impossible as long as we try,, but on gambling need to have good money management..because mostly people will in rage to recover from loss..and thats how grediiness enters into you.
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July 30, 2016, 02:33:45 AM
 #1427

well anything can happen..
nothing is impossible as long as we try,, but on gambling need to have good money management..because mostly people will in rage to recover from loss..and thats how grediiness enters into you.
yes i agree with you. we need a good financial management. we must be set when we play gambling and also when we rest. with arrangements like that then we will be good conditions in taking decisions.
betlord90
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July 30, 2016, 02:47:16 AM
 #1428

Never been profitable gambling. Because if you think about it and calculate the losses and wins you dare appear bigger your lose than your win . So I avoid gambling than just drain your money on nothing . Better yet just buy you this food than gamble it . So be wise now and we used in the right way the money not to gamble .
futurebit640
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July 30, 2016, 02:50:21 AM
 #1429

long term profitable = yes.

I don't think anyone can make a profit in the long term from gambling but in the short, term may be yes. If anyone gambler continuously then mostly they will lose money and house will win in the end because gambling needs a luck and that luck will not support every day for gamblers.
Xenophoto
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July 30, 2016, 04:27:20 AM
 #1430

Gambling can be profitable in the long term if you have a really decent bankroll and a solid strategy. I highly doubt this though because sometimes the losing streak in gambling sites are becoming more and more insane. If you're strategy is crappy like if it rises exponentially every time you lose, then it's not a good strategy at all because the more losing streak you get, the easier you lose your money.

Gambling wasn't made for this IMO. Real gamblers gamble manually. If you do gamble by using scripts and think that you are good at gambling, you might want to look up in the dictionary the meaning of a gambler and re-evaluate yourself as a gambler.

dinda22
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July 30, 2016, 04:34:08 AM
 #1431

Gambling can be profitable in the long term if you have a really decent bankroll and a solid strategy. I highly doubt this though because sometimes the losing streak in gambling sites are becoming more and more insane. If you're strategy is crappy like if it rises exponentially every time you lose, then it's not a good strategy at all because the more losing streak you get, the easier you lose your money.

Gambling wasn't made for this IMO. Real gamblers gamble manually. If you do gamble by using scripts and think that you are good at gambling, you might want to look up in the dictionary the meaning of a gambler and re-evaluate yourself as a gambler.

maybe if we play disciplined, have a target, and also limits the defeat every day, this can be profitable in the long term, but it is true of gambling are too much to lose, and it's hard to get lucky every day. but anything can happen and it is possible.
Karpeles
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July 30, 2016, 04:42:38 AM
 #1432

With the tipster championship you can get positive returns even if you lose money with your bets, because you'll have prizes(at least the 70 mBTC participation prize).

I lost something like 0.1 BTC with my bets for Copa America and Euro, but got profit because of the tipster championship and its prizes
hua_hui
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July 30, 2016, 04:44:59 AM
 #1433

Gambling can be profitable in the long term if you have a really decent bankroll and a solid strategy. I highly doubt this though because sometimes the losing streak in gambling sites are becoming more and more insane. If you're strategy is crappy like if it rises exponentially every time you lose, then it's not a good strategy at all because the more losing streak you get, the easier you lose your money.

Gambling wasn't made for this IMO. Real gamblers gamble manually. If you do gamble by using scripts and think that you are good at gambling, you might want to look up in the dictionary the meaning of a gambler and re-evaluate yourself as a gambler.

If you are talking about table games, jackpot, dice etc. Even you have decent bankroll and extremely good strategy, you cant profit in the long run. The rule of probability already state that the house edge will win in the long run. And if you are planning to win small, even winning 8 or 9 times are unable to recover your loss when you have one bad run.
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July 30, 2016, 04:49:55 AM
 #1434

Gambling can be profitable in the long term if you have a really decent bankroll and a solid strategy. I highly doubt this though because sometimes the losing streak in gambling sites are becoming more and more insane. If you're strategy is crappy like if it rises exponentially every time you lose, then it's not a good strategy at all because the more losing streak you get, the easier you lose your money.

Gambling wasn't made for this IMO. Real gamblers gamble manually. If you do gamble by using scripts and think that you are good at gambling, you might want to look up in the dictionary the meaning of a gambler and re-evaluate yourself as a gambler.

If you are talking about table games, jackpot, dice etc. Even you have decent bankroll and extremely good strategy, you cant profit in the long run. The rule of probability already state that the house edge will win in the long run. And if you are planning to win small, even winning 8 or 9 times are unable to recover your loss when you have one bad run.

That could be happen in rarely basis but as experience even the im using different kind of strat ive seen and some sort of experimenting still it turns that i lose aGAin in again in every game i made thats why i can truly say that it could not be profitable to spend many hours in gambling because we might lose all we've got if we will follow our greed.

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July 30, 2016, 05:07:54 AM
 #1435

long term profitable = yes.

I don't think anyone can make a profit in the long term from gambling but in the short, term may be yes. If anyone gambler continuously then mostly they will lose money and house will win in the end because gambling needs a luck and that luck will not support every day for gamblers.

Yes that is true that it is not going to be a profitable thing to do in a long term goal if you are going to hope for gambling.

If you are planning to have long term profit better if you are going to invest in a much profitable way like trading or holding.

Because in gambling the chance of losing is much higher than trading or holding.

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July 30, 2016, 04:18:50 PM
 #1436

long term profitable = yes.

I don't think anyone can make a profit in the long term from gambling but in the short, term may be yes. If anyone gambler continuously then mostly they will lose money and house will win in the end because gambling needs a luck and that luck will not support every day for gamblers.

Yes that is true that it is not going to be a profitable thing to do in a long term goal if you are going to hope for gambling.

If you are planning to have long term profit better if you are going to invest in a much profitable way like trading or holding.

Because in gambling the chance of losing is much higher than trading or holding.

Agree to this. We should only bet a bankroll that we can afford to lose without any hard feelings in case we lose. Play clever though, if you win and hit your target goal, cashout.
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July 30, 2016, 08:35:06 PM
 #1437

I can say no, gambling isn't profitable in long term.  The odd of winning getting slimmer every hour pass by.  Reason is that your mind is exhausted.   When you are playing poker for example, after dozen of rounds, am sure you are tired and so your strategy won't be the same as before.  If that happen, even a low rank player can beat you.

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shashank5119
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July 30, 2016, 08:38:28 PM
 #1438

long term profitable = yes.

I don't think anyone can make a profit in the long term from gambling but in the short, term may be yes. If anyone gambler continuously then mostly they will lose money and house will win in the end because gambling needs a luck and that luck will not support every day for gamblers.
I also dont think gambling can be profitable in a long run or for a long term of time,it can never be.I am also an experienced gambler and there are some times when we are lucky and can earn at that time but also there are bad time.No one can be lucky all the time.
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August 05, 2016, 09:13:06 PM
 #1439

long term profitable = yes.

I don't think anyone can make a profit in the long term from gambling but in the short, term may be yes. If anyone gambler continuously then mostly they will lose money and house will win in the end because gambling needs a luck and that luck will not support every day for gamblers.
I also dont think gambling can be profitable in a long run or for a long term of time,it can never be.I am also an experienced gambler and there are some times when we are lucky and can earn at that time but also there are bad time.No one can be lucky all the time.

I agree with this. However, if we just have many sessions, then we can fight for a long haul. With few sessions or even 1 session only, your chances of gambling for a long term and winning is futile.

If you have smaller bankroll, better focus on creating more sessions slowly and if you have decent amount of sessions, then that is the time to fight for a longer period of time and still have more chances of winning in the long run.

It is like building first a massive of armies and great planning before conquering the enemy.
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August 10, 2016, 01:33:30 PM
 #1440

long term profitable = yes.

I don't think anyone can make a profit in the long term from gambling but in the short, term may be yes. If anyone gambler continuously then mostly they will lose money and house will win in the end because gambling needs a luck and that luck will not support every day for gamblers.
I also dont think gambling can be profitable in a long run or for a long term of time,it can never be.I am also an experienced gambler and there are some times when we are lucky and can earn at that time but also there are bad time.No one can be lucky all the time.

I agree with this. However, if we just have many sessions, then we can fight for a long haul. With few sessions or even 1 session only, your chances of gambling for a long term and winning is futile.

If you have smaller bankroll, better focus on creating more sessions slowly and if you have decent amount of sessions, then that is the time to fight for a longer period of time and still have more chances of winning in the long run.

It is like building first a massive of armies and great planning before conquering the enemy.

But gambling is not a war you can win, even if you have a massive amount of funds for betting you will still ending up broke in the end if you will keep on the pace of being a gambler, and I think money wouldn't last forever that is why why gamble if you can make your own business out from it.
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