Bitcoin Forum
November 19, 2024, 03:28:10 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 [75] 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 ... 192 »
  Print  
Author Topic: Can gambling be profitable in long term ?  (Read 112251 times)
lite
Legendary
*
Offline Offline

Activity: 1400
Merit: 1009


View Profile
August 16, 2016, 04:26:02 PM
 #1481

The only way to earn profit at gambling is having a huge bankroll and then betting small amounts. But you can definitely get busted at anytime because the house always wins no matter what.
In other words you may earn some but you will lose big soon enough too Grin
You won't big on the long-run even if you have huge bankroll, making profit in short-run is possible yes. i've tried countless time to win on the long-run but it isn't possible.
wxa7115
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 734

Bitcoin is GOD


View Profile
August 16, 2016, 04:34:28 PM
 #1482

Only if you can win the jackpot in your first session of play. You can be profitable in the long term as you don't need to gamble anymore when you win a robust jackpot worth millions of dollars. So far in online slots I haven't seen such kind of jackpot but even in online slots there are some jackpots worth like almost 2000 btc jackpots which is still good and can keep you in profit in the longer term too. For the moment I am trying following a tipster but that tipster had some bad losses in last minute of the game so even following tipsters can't keep you in profit in the long run.

But that is not really long term, in fact is the shortest term possible , if you bet at all.

The only way to earn profit at gambling is having a huge bankroll and then betting small amounts. But you can definitely get busted at anytime because the house always wins no matter what.
In other words you may earn some but you will lose big soon enough too Grin
You won't big on the long-run even if you have huge bankroll, making profit in short-run is possible yes. i've tried countless time to win on the long-run but it isn't possible.

Correct, no matter how big your bankroll is if you don't have the odds in your favor you will eventually lose it all.
socks435
Legendary
*
Offline Offline

Activity: 2058
Merit: 1030

I'm looking for free spin.


View Profile
August 16, 2016, 04:58:01 PM
 #1483

For the long run, i think gambling can't really be profitable way, because it's depending in the luck mainly and it's not guaranteed income

Who the hell will think that one can make income thru gambling. The right term for that is profit but of course it is not for a long term but you can take a profit everytime you do a bet. It's possible. Just don't chase the loss.

More people get loss instead of win, that's how gambling works. There are some people who makes good profits by doing gambling for sure. But not in long term, it just sometimes and you need some skills, knowledge and experiences, don't play game depends on luck. Poker, blackjack or sports betting are good to makes some profits. Of course gambling so risky, you just need to learn it and be ready whether to lose or to win it.
Yeah right but i think even those making a profit are loses a lot.. if they are calculated all their loses from the past to the present i think they are just recovering or they are just making a small profit and wasting their time.. gambling made only for fun not for making profit..

Decided to end it with zer0 profit.
purebitco
Sr. Member
****
Offline Offline

Activity: 337
Merit: 250

CryptoTalk.Org - Get Paid for every Post!


View Profile
August 16, 2016, 05:42:47 PM
 #1484

No. Most of the rich guys are winning a lot in the beginning (like $100M) and then are risking smaller amounts ($1M, $500k). $4M would be enough to live off a luxury life with $1M of it spent only on a house & a supercar.
you are right, you might win big at first but after some time the house edge will definitely kill your winning streak and you will become broke

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
YoBit AirDrop $|
Get 700 YoDollars for Free!
🏆
Bitcoinsummoner
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 624


Maintain Social Distance, Stay safe.


View Profile WWW
August 16, 2016, 06:04:19 PM
 #1485

No. Most of the rich guys are winning a lot in the beginning (like $100M) and then are risking smaller amounts ($1M, $500k). $4M would be enough to live off a luxury life with $1M of it spent only on a house & a supercar.
you are right, you might win big at first but after some time the house edge will definitely kill your winning streak and you will become broke
Same here before when i was playing in dice game i am making a profit and withdraw come back again to make more profit but the result i lose until i become addicted and lose again in that time i am thinking to recover all my loses but its hard to recover all my loses in dice game so yeah i believe in that..

█████████████████████████
████████▀▀████▀▀█▀▀██████
█████▀████▄▄▄▄████████
███▀███▄███████████████
██▀█████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██▄███████████████▀▀▄▄███
███▄███▀████████▀███▄████
█████▄████▀▀▀▀████▄██████
████████▄▄████▄▄█████████
█████████████████████████
 
 BitList 
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
REAL-TIME DATA TRACKING
CURATED BY THE COMMUNITY

.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
 
  List #kycfree Websites   
bithasher
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


View Profile
August 16, 2016, 06:09:55 PM
 #1486

These games like dice provides chance to double or triple your money in matter of minutes or seconds quickly and same fast way you loose too in hope of getting all back in next few rolls or bets. Sports betting in slow motion type of gambling where you can manage many different way and have enough time to think about other bets. You can make profit in sports betting in long term.
Achargeturry78
Sr. Member
****
Offline Offline

Activity: 630
Merit: 267

Just follow the rules


View Profile
August 23, 2016, 12:22:58 PM
 #1487

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 is possible but not all of the time. it is always depends on or luck and sometimes of your trick on how you win. because most of the time, those who are greedy to win  that they would like to get all the money of the casino, they are the one who got lose because of their eagerness to win so i think it is all depend on how you handle your money and how to win.
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
August 23, 2016, 01:16:27 PM
 #1488

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 is possible but not all of the time. it is always depends on or luck and sometimes of your trick on how you win. because most of the time, those who are greedy to win  that they would like to get all the money of the casino, they are the one who got lose because of their eagerness to win so i think it is all depend on how you handle your money and how to win.

In cases like that the eagerness of a person is the one that will make them sink on gambling they will just continue in going forward even if they don't have any money left in their pockets because of the addiction of a certain person in gambling their mind is blur because of their addiction that is why they will keep on engaging playing gambling even in their worst day!
romero121
Legendary
*
Offline Offline

Activity: 3038
Merit: 1214


DGbet.fun - Crypto Sportsbook


View Profile
August 23, 2016, 01:37:32 PM
 #1489

Whether its long term or short term, its been put-forth by most of the users that gambling always ends in loss. At times due to the close predictions made the winning chances gets higher. For this reason every-time gambling is not profitable because with cent percent security we can't compensate a loss with the upcoming events.

hua_hui
Legendary
*
Offline Offline

Activity: 1386
Merit: 1016



View Profile
August 23, 2016, 01:57:57 PM
 #1490

Whether its long term or short term, its been put-forth by most of the users that gambling always ends in loss. At times due to the close predictions made the winning chances gets higher. For this reason every-time gambling is not profitable because with cent percent security we can't compensate a loss with the upcoming events.

For every gambling game, there will always be house edge and that is also how casino manage to make profit. Even lottery, slot machine and table games, the house edge can be different but every games make sure you are always in the disadvantage.
TheUltraElite
Legendary
*
Offline Offline

Activity: 3066
Merit: 1330


Going to reach LEET merits soon!


View Profile WWW
August 23, 2016, 02:01:31 PM
 #1491

Long term or short term gambling is not a method of profit making. If that was so then people would not work hard to earn money and everyone would just flock at gambling sites for daily bread. The casinos would go bankrupt but that never happens and the casino owners are the real profit makers.

 
█▄
R


▀▀██████▄▄
████████████████
▀█████▀▀▀█████
████████▌███▐████
▄█████▄▄▄█████
████████████████
▄▄██████▀▀
LLBIT▀█ 
  TH#1 SOLANA CASINO  
████████████▄
▀▀██████▀▀███
██▄▄▀▀▄▄████
████████████
██████████
███▀████████
▄▄█████████
████████████
████████████
████████████
████████████
█████████████
████████████▀
████████████▄
▀▀▀▀▀▀▀██████
████████████
███████████
██▄█████████
████▄███████
████████████
█░▀▀████████
▀▀██████████
█████▄█████
████▀▄▀████
▄▄▄▄▄▄▄██████
████████████▀
........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
 .
   PLAY NOW    
bapparabi
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000


View Profile
August 23, 2016, 02:37:10 PM
 #1492

Whether its long term or short term, its been put-forth by most of the users that gambling always ends in loss. At times due to the close predictions made the winning chances gets higher. For this reason every-time gambling is not profitable because with cent percent security we can't compensate a loss with the upcoming events.

Yes and the fact that sports betting has even higher house edge hence we are supposed to loos even more when we gamble with sports. The best type of gambling I think is dice because it has a very thin house edge and hence we at least know that if we loose in dice that's because of our luck not picks.


Yutikas_11920
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
August 23, 2016, 04:02:08 PM
 #1493

Long term or short term gambling is not a method of profit making. If that was so then people would not work hard to earn money and everyone would just flock at gambling sites for daily bread. The casinos would go bankrupt but that never happens and the casino owners are the real profit makers.

Indeed, gambling is not the place to make a profit. Actually gambling created because to raise school bitcoin. because not all of the things used or used is always beneficial.
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
August 25, 2016, 03:01:41 PM
 #1494

Long term or short term gambling is not a method of profit making. If that was so then people would not work hard to earn money and everyone would just flock at gambling sites for daily bread. The casinos would go bankrupt but that never happens and the casino owners are the real profit makers.

Indeed, gambling is not the place to make a profit. Actually gambling created because to raise school bitcoin. because not all of the things used or used is always beneficial.

It can certainly raise the value of bitcoin if many players would enjoy playing it if it is a online gambling that provide bitcoin transactions, but profiting in that certain aspect is really hard or not easy to attain especially if the individual can not afford in losing every bet he makes, so might as well stay out from it the first thing you encounter it.
BitcoinSupremo
Copper Member
Hero Member
*****
Offline Offline

Activity: 1442
Merit: 529


View Profile
August 25, 2016, 03:30:16 PM
 #1495

For sure it can be. For this you need to follow a tipster which has really great quality of pics and winnings here and has proven himself from time to time. But tipping is not exclusive to this forum only, you just need to make a google search and after reviewing some sites you may find one which is good for you. The best is with payment betadvisor and next is betting expert website. There are a lot more websites so if you do a really good research and you are careful to the detail to read all the news in those websites you can choose the event which is most talked about in these tipping websites, not the event where most of the bets are on.
maxhor
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile
August 25, 2016, 03:43:21 PM
 #1496


Yes and the fact that sports betting has even higher house edge hence we are supposed to loos even more when we gamble with sports. The best type of gambling I think is dice because it has a very thin house edge and hence we at least know that if we loose in dice that's because of our luck not picks.


Sports betting is only depend on our knowledge and if we have luck than we can make guaranteed profit with some matches, some teams are playing with very good motivation and always finishing with winning touch, look at Barcelona what it's doing right now so you can make very good profit while betting on it.
PeRo
Hero Member
*****
Offline Offline

Activity: 1040
Merit: 538


Defend Bitcoin and its PoW: bitcoincleanup.com


View Profile
August 25, 2016, 03:44:27 PM
 #1497

I do not think so, some people believe that it can be profitable, but where is their profit? There is no, that are just tales, none true. You can only lose money in gambling, if you want to win money, try once and if you win, never gamble there again or you will become greedy and lose tryin to get more and more money.

▄▄▄███████▄▄▄
▄█████████████████▄▄
▄██
█████████▀██▀████████
████████▀
░░░░▀░░██████████
███████████▌░░▄▄▄░░░▀████████
███████
█████░░░███▌░░░█████████
███
████████░░░░░░░░░░▄█████████
█████████▀░░░▄████░░░░█████████
███
████▄▄░░░░▀▀▀░░░░▄████████
█████
███▌▄█░░▄▄▄▄█████████
▀████
██████▄██
██████████▀
▀▀█████████████████▀▀
▀▀▀███████▀▀
.
.BitcoinCleanUp.com.


















































.
.     Debunking Bitcoin's Energy Use     .
███████████████████████████████
███████████████████████████████
███████████████████████████████
███████▀█████████▀▀▀▀█▀████████
███████▌░▀▀████▀░░░░░░░▄███████
███████▀░░░░░░░░░░░░░░▐████████
████████▄░░░░░░░░░░░░░█████████
████████▄░░░░░░░░░░░▄██████████
███████▀▀▀░░░░░░░▄▄████████████
█████████▄▄▄▄▄▄████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
...#EndTheFUD...
crairezx20
Legendary
*
Offline Offline

Activity: 1638
Merit: 1046



View Profile
August 25, 2016, 04:45:38 PM
 #1498

For sure it can be. For this you need to follow a tipster which has really great quality of pics and winnings here and has proven himself from time to time. But tipping is not exclusive to this forum only, you just need to make a google search and after reviewing some sites you may find one which is good for you. The best is with payment betadvisor and next is betting expert website. There are a lot more websites so if you do a really good research and you are careful to the detail to read all the news in those websites you can choose the event which is most talked about in these tipping websites, not the event where most of the bets are on.
Reading tipping from other site or feeds source is one of the great idea to get idea what team you will choose.. but the problem is not all tips are not sure that you can win.. its always depends if you are lucky or not..
But i think many people are success just searching and follow tips from other site and advice from other..
skysblu
Full Member
***
Offline Offline

Activity: 219
Merit: 205


_Bitcoin Africa_


View Profile
August 25, 2016, 05:26:34 PM
 #1499

Whether its long term or short term, its been put-forth by most of the users that gambling always ends in loss. At times due to the close predictions made the winning chances gets higher. For this reason every-time gambling is not profitable because with cent percent security we can't compensate a loss with the upcoming events.

For every gambling game, there will always be house edge and that is also how casino manage to make profit. Even lottery, slot machine and table games, the house edge can be different but every games make sure you are always in the disadvantage.
thats true, because of the house edge i lose a lot of money in a longer run and it is really bad
agustina2
Legendary
*
Offline Offline

Activity: 2436
Merit: 1008


View Profile
August 25, 2016, 05:47:43 PM
 #1500

I do not think so, some people believe that it can be profitable, but where is their profit? There is no, that are just tales, none true. You can only lose money in gambling, if you want to win money, try once and if you win, never gamble there again or you will become greedy and lose tryin to get more and more money.

Really? Then tell that to those gambler who putting up some money in strategy based games. They are making profits for a long term.

For dice games, slots or every game that under the house edge, your view can be applied.
Pages: « 1 ... 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 [75] 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 ... 192 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!