Bitcoin Forum
May 09, 2024, 08:25:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   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 ... 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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 ... 192 »
  Print  
Author Topic: Can gambling be profitable in long term ?  (Read 112188 times)
ethereumhunter
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 541


Leading Crypto Sports Betting & Casino Platform


View Profile
October 05, 2016, 02:07:40 PM
 #1601

To me, gambling can be profitable in the long run because i invest in btc casino. With the house edge causing people to lose over and over again, it is actually a good investment tools to help me raise some btc.

its possible if we invest in btc casino can be profitable but for playing gambling, i think its can not be profitable in long term because there is situation when we got loss and win and we can not be win in every games on gambling except we have big lucky on games we played.

but me personally, i prefer to make invest in btc casino so i can get profitable for long term and not playing gambling because i am not a good player on the games.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715286333
Hero Member
*
Offline Offline

Posts: 1715286333

View Profile Personal Message (Offline)

Ignore
1715286333
Reply with quote  #2

1715286333
Report to moderator
marlboroza
Legendary
*
Offline Offline

Activity: 1932
Merit: 2270


View Profile
October 05, 2016, 02:09:47 PM
 #1602

To me, gambling can be profitable in the long run because i invest in btc casino. With the house edge causing people to lose over and over again, it is actually a good investment tools to help me raise some btc.

Investment is profitabile but gambling is not. You can't say gambling can be profitable in long run because you invested in casino. It means someone has to lose in gambling in long run so you can profit with investment in long run. So, gambling in long term is not profitable because your investment is going up   Wink
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1087



View Profile
October 05, 2016, 02:09:51 PM
 #1603

the only guaranteed way to be profitable long term is take all the knowledge you've gathered from your gambling adventures and use it to open your own gambling site once you've made sure that you've made it the best it can possibly be. if you build it, they will come.
hua_hui
Legendary
*
Offline Offline

Activity: 1386
Merit: 1016



View Profile
October 05, 2016, 02:39:59 PM
 #1604

the only guaranteed way to be profitable long term is take all the knowledge you've gathered from your gambling adventures and use it to open your own gambling site once you've made sure that you've made it the best it can possibly be. if you build it, they will come.

That is totally different from gambling. In order to set up an gambling site, you need to have a good knowledge of coding. And it is a tough fight against hackers as you need to aware of possible loophole and close it.
mishra1994
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
October 05, 2016, 02:42:03 PM
 #1605

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 would be profitable but you cant guarantee that i would be profitable in long term. It always depends on your luck. It could be profitable in long term if you know how to manage the money you have and you have won.
thats true, in my opinion gambling in a longer run is really risky, thats why i do not a lot of it
Well i don't really think gambling is profitable at all in general. Yes you have to take risks for you earn big like for tradings and investments but gambling is at a whole different level when you talk about risks. There's no steady earnings when it comes to gambling so i don't think it's profitable in the long run no.
Majority of us here can testify that gambling is not profitable in the long run or the long term, maybe we should ask the question to the professional as they are full time in gambling and they have the best method to give them advantage to win.

We are just gambling base on our luck so we really cannot be profitable as luck is unpredictable.
Yes gambling cannot be profitable in a long run for all of us here but yes i think some professional gamblers specially in sports betting market who are already really rich,i think gambling  can be profitable for them in a long run as well,but its really rare.
richmcrich
Hero Member
*****
Offline Offline

Activity: 1120
Merit: 507



View Profile
October 05, 2016, 02:49:20 PM
 #1606

the only guaranteed way to be profitable long term is take all the knowledge you've gathered from your gambling adventures and use it to open your own gambling site once you've made sure that you've made it the best it can possibly be. if you build it, they will come.
But the real fact is, there will not be any possibility to use our knowledge with gambling. Gambling will not allow you to think what you have experienced in your previous attempts so that you could correct your mistakes.

Each time must be a new attempt, even if you remember your previous experiences, you will not get time and opportunity to apply your knowledge. In my opinion, gambling will not be profitable in long run too.
DomesticTrader
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
October 05, 2016, 03:03:06 PM
 #1607

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 can be possible because with a game like poker if you are good enough then you can make money in the long run. So you should try poker if you want to make money with gambling.
With games like blackjack and roulette it is not going to work.
saiha
Hero Member
*****
Offline Offline

Activity: 840
Merit: 501

Strength in Numbers


View Profile
October 05, 2016, 03:17:46 PM
 #1608

To me, gambling can be profitable in the long run because i invest in btc casino. With the house edge causing people to lose over and over again, it is actually a good investment tools to help me raise some btc.

Investment is profitabile but gambling is not. You can't say gambling can be profitable in long run because you invested in casino. It means someone has to lose in gambling in long run so you can profit with investment in long run. So, gambling in long term is not profitable because your investment is going up   Wink

Gambling is just going to be profitable in the long run if you are going to be a gambling site owner. But if you tend just to be an ordinary gambler.

Then don't hope that you are going to make good profit for being that way, being mostly ordinary gamblers are just going to lose in the end.

Or else make yourself as an investor in casino's and that makes sense.

Vires in Numeris
danherbias07
Legendary
*
Offline Offline

Activity: 3122
Merit: 1119


Leading Crypto Sports Betting & Casino Platform


View Profile
October 05, 2016, 03:20:46 PM
 #1609

It cannot be. Even with investing with the gambling site there is no guarantee that it will be staying for long. So better use it while it is still there and make some profits out of it.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
BitcoinPC
Hero Member
*****
Offline Offline

Activity: 812
Merit: 500


View Profile
October 05, 2016, 03:36:58 PM
 #1610

To me, gambling can be profitable in the long run because i invest in btc casino. With the house edge causing people to lose over and over again, it is actually a good investment tools to help me raise some btc.

Investment is profitabile but gambling is not. You can't say gambling can be profitable in long run because you invested in casino. It means someone has to lose in gambling in long run so you can profit with investment in long run. So, gambling in long term is not profitable because your investment is going up   Wink

Gambling is just going to be profitable in the long run if you are going to be a gambling site owner. But if you tend just to be an ordinary gambler.

Then don't hope that you are going to make good profit for being that way, being mostly ordinary gamblers are just going to lose in the end.

Or else make yourself as an investor in casino's and that makes sense.
You know we all are ordinary gamblers, and in this way, if we think that gambling is a profitable thing and especially for long run way, than we are stupid if we think that.
I have a two years experience of gambling and only few bets i have won, and a lot of bets i lost and also i have lost a big amount but i always play for enjoyment, so that's why i never worried about it.
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
October 08, 2016, 09:44:41 AM
 #1611

To me, gambling can be profitable in the long run because i invest in btc casino. With the house edge causing people to lose over and over again, it is actually a good investment tools to help me raise some btc.

Investment is profitabile but gambling is not. You can't say gambling can be profitable in long run because you invested in casino. It means someone has to lose in gambling in long run so you can profit with investment in long run. So, gambling in long term is not profitable because your investment is going up   Wink

Gambling is just going to be profitable in the long run if you are going to be a gambling site owner. But if you tend just to be an ordinary gambler.

Then don't hope that you are going to make good profit for being that way, being mostly ordinary gamblers are just going to lose in the end.

Or else make yourself as an investor in casino's and that makes sense.
You know we all are ordinary gamblers, and in this way, if we think that gambling is a profitable thing and especially for long run way, than we are stupid if we think that.
I have a two years experience of gambling and only few bets i have won, and a lot of bets i lost and also i have lost a big amount but i always play for enjoyment, so that's why i never worried about it.

You can surely use your experience towards gambling and can gain bitcoin doing these but there would be certain people that are getting addicted towards it and these is the cause why other people are afraid towards gambling, because there are many getting addicted, but there are still many people that are still into gambling because of other people that are winning large amount towards it that is why you can never know what will happen for sure when you are the one playing or betting in gambling.
davids
Hero Member
*****
Offline Offline

Activity: 735
Merit: 500



View Profile
October 08, 2016, 11:07:03 AM
 #1612

Gambling will never be profitable in the long term, but if you can keep yourself under control you can make a profit. i prefer sport betting
buddu
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


View Profile
October 08, 2016, 11:27:59 AM
 #1613

There is no general rule which can be applied on everyone. For large majority of people gambling is disastrous both in short and on long term. There are some people very few who makes money from gambling really. It is not that no one is winning and just sites win. There are people who are making money as profit. It is up to player who well he understands and his way of playing is important.
airezx20
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
October 08, 2016, 11:58:25 AM
 #1614

It cannot be. Even with investing with the gambling site there is no guarantee that it will be staying for long. So better use it while it is still there and make some profits out of it.
Yes initially and for short time you can get profit in direct gambling or investing in gambling sites and casinos but in a long run they both are really risky and chance of loosing increases with time,specially with direct gambling no one can make profit in a long run.
klf
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000


View Profile
October 08, 2016, 12:34:50 PM
 #1615

Gambling will never be profitable in the long term, but if you can keep yourself under control you can make a profit. i prefer sport betting

I don't think in the long run you can make a profit even though you keep control on yourself but you can reduce your loses for sure. All types are gambling need a some luck in the long run and without luck one can't win every time so gamble only for fun and invest some other places for earning profits.
gabmen
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 529

CryptoTalk.Org - Get Paid for every Post!


View Profile
October 08, 2016, 12:42:17 PM
 #1616

Gambling will never be profitable in the long term, but if you can keep yourself under control you can make a profit. i prefer sport betting

I don't think in the long run you can make a profit even though you keep control on yourself but you can reduce your loses for sure. All types are gambling need a some luck in the long run and without luck one can't win every time so gamble only for fun and invest some other places for earning profits.

Yeah right, there's no sense is gaining profit from gambling because you definitely will get losses, more likely bigger than what you've won. Even in sports betting, there's no guarantee that your predictions will be right all the time so i don't consider even that making profit.



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

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
Report to moderator 
 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..███████████████████████████████
hawkins
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 500



View Profile
October 08, 2016, 12:44:12 PM
 #1617

I think is very difficult to make a profit in the long term from gambling. because gambling is absolutely dependent on luck, so if luck is not good, I think it would make the stability of your profits to be down, and you can not be profitable for a long time. but if you try in sports betting, I think it would work, although still requires a large fortune
Rostadom
Hero Member
*****
Offline Offline

Activity: 713
Merit: 501


View Profile
October 09, 2016, 09:39:30 AM
 #1618

Gambling can actually be profitable in the long run. But that's only if you're the house. The only way to beat the house is to be the house itself. Being a player in a gambling site can never be profitable in the long run unless you stop when you got into positive profit and don't come back ever again. If you continue playing, you would eventually lose that profit.
dunfida
Legendary
*
Offline Offline

Activity: 3080
Merit: 1131



View Profile
October 09, 2016, 02:37:46 PM
 #1619

Gambling can actually be profitable in the long run. But that's only if you're the house. The only way to beat the house is to be the house itself. Being a player in a gambling site can never be profitable in the long run unless you stop when you got into positive profit and don't come back ever again. If you continue playing, you would eventually lose that profit.

Investing  on  house itself would be  the best move  compared  on playing  on it because you would surely lose  if you intend to play  against them. Its better to  invest to them and  make sure profits but wont  you  guarantee to make  magical profits that you would expect. Gambling  wont  be profitable on  long term.

tbterryboy
Sr. Member
****
Offline Offline

Activity: 1918
Merit: 322


View Profile
October 09, 2016, 02:56:42 PM
 #1620

Gambling will never be profitable in the long term, but if you can keep yourself under control you can make a profit. i prefer sport betting

I don't think in the long run you can make a profit even though you keep control on yourself but you can reduce your loses for sure. All types are gambling need a some luck in the long run and without luck one can't win every time so gamble only for fun and invest some other places for earning profits.
But, I do see in long and people are losing their self control. Yes, only in beginning days of gambling people are having some self control, over the time they are becoming lazy and more ignorant. So, usually most of the gamblers are booking losses in long run.
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 ... 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!