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Author Topic: Can gambling be profitable in long term ?  (Read 112188 times)
Monnt
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October 11, 2016, 03:19:48 PM
 #1641

Yes gambling is profitable but depends on type of gambling. One good example of profitable gambling is TRADING. I see lots of people even my fellow kababayan's who are succesful in terms of trading. Like other gambling types, this requires good analyzation.

In gambling in a gambling site, I don't see any big profits here for a long term but I think rather than playing in a gambling site, invest in their bankroll (if that site offers that). Although not tested in my part I see it as a way to take advantage of the house.
well you said it right kabayan instead of playing against the house why not play with them and make some safety of your investment i think chances of losing is much lesser although the profits will be small as well and for long term at least it will make you some success.
How you will play with them ?

Gambling and investing are not same. Many gamblers are not into gambling just for making profit but they want to make money in an entertainment way. The thrills and pleasures of gambling are priceless to them, that is the reason they are in to gambling even after facing many losses.

Investing into bankroll of gambling house, may get you profits but definitely will not get you the pleasures of gambling.
Newcoins2020
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October 12, 2016, 02:18:10 PM
 #1642

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Only with poker I believe that it can be profitable in the long run but I have no confidence in the other games that they are able to do the same.
Poker also requires some skill and knowledge but the other games are only about luck.
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October 12, 2016, 04:23:54 PM
 #1643

Everything is a gambling even crossing the road, its all about +ev or -ev.  I dont think you can avoid risk even with a +ev bet.... you can get hit by a car at any point etc.

Some business and investing deals are just so solid that the chances of losing money are very very unlikely.
Altynbekova
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October 13, 2016, 02:24:25 PM
 #1644

With gambling it is almost impossible to make a profit in the ling run because the odds are always against you so most of the time you are going to lose.
Only if you play poker and you are good you can are able to make a profit in the long run.
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October 13, 2016, 03:35:01 PM
 #1645

With gambling it is almost impossible to make a profit in the ling run because the odds are always against you so most of the time you are going to lose.
Only if you play poker and you are good you can are able to make a profit in the long run.
I know only with poker you can make it happen that you can make allot of money with but with the other games you will have to be lucky enough to win the jackpot.
If you only pay the other games then you can expect that you are going to lose more money.

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October 13, 2016, 03:56:15 PM
 #1646

With gambling it is almost impossible to make a profit in the ling run because the odds are always against you so most of the time you are going to lose.
Only if you play poker and you are good you can are able to make a profit in the long run.
I know only with poker you can make it happen that you can make allot of money with but with the other games you will have to be lucky enough to win the jackpot.
If you only pay the other games then you can expect that you are going to lose more money.
I think we can do besides poker in sports betting. but with several factors. that you do not bet too often, then you have a strategy and a good knowledge. then take some big teams when betting. I believe we can benefit in the long term. but this does not mean you always win, getting the defeat was certain. but at least you can profit in the long term.
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October 13, 2016, 04:01:23 PM
 #1647

Yes, it could be but you have to discipline yourself and know when to stop when you have won a little profit for the day or if you lose a percent of your bankroll or percent of your winnings. I've learned that steps through experience in gambling it does works and being greedt can corrupt you and you will lose it all in a flash.
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October 13, 2016, 04:47:44 PM
 #1648

Yes, it could be but you have to discipline yourself and know when to stop when you have won a little profit for the day or if you lose a percent of your bankroll or percent of your winnings. I've learned that steps through experience in gambling it does works and being greedt can corrupt you and you will lose it all in a flash.
Maintaining discipline in long run would be a very big challenge for every gambler. When you are becoming an experienced gambler, you will start breaking your own rules and regulations. This is true, because of gambling frustrations no one wants to be discipline even with their own regulations. When not being discipline, how we can expect profits from gambling in long run.

Newcoins2020
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October 18, 2016, 02:38:46 PM
 #1649

If you are playing a game like poker and you are skilled enough you can win all the time but only if you are good enough, with the other games it does not work that way.
The other games require to much luck and zero skill those cannot be profitable.
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October 18, 2016, 03:45:03 PM
 #1650

Yes, it could be but you have to discipline yourself and know when to stop when you have won a little profit for the day or if you lose a percent of your bankroll or percent of your winnings. I've learned that steps through experience in gambling it does works and being greedt can corrupt you and you will lose it all in a flash.
Maintaining discipline in long run would be a very big challenge for every gambler. When you are becoming an experienced gambler, you will start breaking your own rules and regulations. This is true, because of gambling frustrations no one wants to be discipline even with their own regulations. When not being discipline, how we can expect profits from gambling in long run.

Discipline doesn't matter much in win/lose ratio, it only helps you to decrease your total wagered amount which can be viewed as descrease of loss due to the fact that gamblers expect to lose amount of money equal to wagered amount * House Edge.
But it's not entirely impossible to win over the long run, it's just the fact that statistically speaking more people will be in loss  than in win over the long run.
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October 19, 2016, 09:39:38 PM
 #1651

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
I do think that gambling can be profitable but I think that it only is going to be possible if you are any good in poker because you can make much money with that because it requires skill.
The other games require to much for you to keep winning.
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October 19, 2016, 10:42:53 PM
 #1652

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
I do think that gambling can be profitable but I think that it only is going to be possible if you are any good in poker because you can make much money with that because it requires skill.
The other games require to much for you to keep winning.
Honestly, if we based no the experience of the majority here, gambling is not profitable in the long run. However, it is possible also that it can be profitable as we have seen professional gamblers who are bragging that they are making a money living with gambling.
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October 19, 2016, 10:56:45 PM
 #1653

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
I do think that gambling can be profitable but I think that it only is going to be possible if you are any good in poker because you can make much money with that because it requires skill.
The other games require to much for you to keep winning.
Honestly, if we based no the experience of the majority here, gambling is not profitable in the long run. However, it is possible also that it can be profitable as we have seen professional gamblers who are bragging that they are making a money living with gambling.
of course you can gamble and get profit in the long run as long as you qualified to have a bankroll management skills and earned a lot of experience already in gambling world but the problem are how long you can survive?

you may have seen there is professional gambler make a living in gambling , but the number are low isn't it?

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October 20, 2016, 12:13:38 AM
 #1654

If you are playing a game like poker and you are skilled enough you can win all the time but only if you are good enough, with the other games it does not work that way.
The other games require to much luck and zero skill those cannot be profitable.

Even you are going to be skilled in gambling luck is still needed and I would say that it is not going to be profitable to play poker and other games in the long run. Because most of the time a gambler loses if he does not able control his gambling addiction. That is making everyone lose in the long run and not to be profitable.

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aranachristianjay
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October 20, 2016, 01:30:12 AM
 #1655

If you are playing a game like poker and you are skilled enough you can win all the time but only if you are good enough, with the other games it does not work that way.
The other games require to much luck and zero skill those cannot be profitable.

Even you are going to be skilled in gambling luck is still needed and I would say that it is not going to be profitable to play poker and other games in the long run. Because most of the time a gambler loses if he does not able control his gambling addiction. That is making everyone lose in the long run and not to be profitable.

No, Skill is the main winning part in poker than
luck.

Since poker do requires a lot of analytical thinking,
And even we say that you don't have the luck to get the
best cards.
But still you know how to handle the cards. then there
will still be a great chance of winning.
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October 20, 2016, 06:56:17 AM
 #1656

If you are playing a game like poker and you are skilled enough you can win all the time but only if you are good enough, with the other games it does not work that way.
The other games require to much luck and zero skill those cannot be profitable.

Even you are going to be skilled in gambling luck is still needed and I would say that it is not going to be profitable to play poker and other games in the long run. Because most of the time a gambler loses if he does not able control his gambling addiction. That is making everyone lose in the long run and not to be profitable.

No, Skill is the main winning part in poker than
luck.

Since poker do requires a lot of analytical thinking,
And even we say that you don't have the luck to get the
best cards.
But still you know how to handle the cards. then there
will still be a great chance of winning.
Experience on  poker would really give you the edge even though you dont have the best cards  because  same as you said you could able to  handle them and  would  able to increase the winning percentage depending on  the  techniques and  decision that you would made.

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October 20, 2016, 08:47:49 AM
 #1657

I don't think gambling can give you a profit per day like in trading because gambling isn't supposed for a long term earning. Usually you will lose so much money in long term gambling. I prefer to gamble money only for one time in one place, no matter what I got and what I lost.
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October 20, 2016, 08:49:23 AM
 #1658

Gambling can be profitable in REAL casinos using professional methods of card counting and bankroll management combined. Just search the MIT Blackjack Team as one example. Online Casinos you will not be profitable in the long run unless you hit a jackpot, or are a sports bettor that has the skills of a professional handicapper.
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October 20, 2016, 08:54:35 AM
 #1659

I don't think gambling can give you a profit per day like in trading because gambling isn't supposed for a long term earning. Usually you will lose so much money in long term gambling. I prefer to gamble money only for one time in one place, no matter what I got and what I lost.


Yeah it's something very true. All the people who do the gambling will certainly defeat and that's something a reasonable thing or certainly experienced. So everyone will not always benefit. But compared to gambling, trading is much more fun and profitable. Because trading does not give bad effect to us if doing so with a long time
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October 20, 2016, 10:34:59 AM
 #1660

Gambling can be profitable in REAL casinos using professional methods of card counting and bankroll management combined. Just search the MIT Blackjack Team as one example. Online Casinos you will not be profitable in the long run unless you hit a jackpot, or are a sports bettor that has the skills of a professional handicapper.

I'm not sure can be profitable in the longterm in casino gambling and I do not think any methods in gambling because it is depend on luck.
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