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Author Topic: Can gambling be profitable in long term ?  (Read 112188 times)
gabmen
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November 03, 2016, 04:15:04 PM
 #1821

You can win from gambling from long run.Because of the house Edge you will lose if you gamble in the long run.If you gamble through poker or player vs player game you have high chance to win.But if you gamble vs house you will surely lose if you gamble long run.Read more about house edge.
It's not only about house edge though. I think in general, gambling, well playing that is, is not a good way for a long term investment. If you want long time earnings in gambling industry, best thing is to get a capital and put up your own casino or online gambling site, that way you also wouldn't have to worry about house edge

 
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November 03, 2016, 07:37:39 PM
 #1822

You can win from gambling from long run.Because of the house Edge you will lose if you gamble in the long run.If you gamble through poker or player vs player game you have high chance to win.But if you gamble vs house you will surely lose if you gamble long run.Read more about house edge.

That is most gambling method works and has a very high house edge, that is why many gamblers prefer betting in sports betting, poker, or a PVP gambling that they can analyze and put some effort of strategy and skill in winning, well you should think first because proceeding more further in that kind of method.
Just a small observation in sports betting you are still betting against the house unless you are betting in a betting exchange like betfair in  which you are betting against other players.

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November 03, 2016, 07:59:59 PM
 #1823

to get $50-$100 from casino is not impossible mate
its easy to reach if we do high bet and have big lucky
but if you feel your profit is enough, just quit it
play on long run sometimes will make us busted
Exactly the gambling can give profits in short terms like for a day or two but when done for months and years you cannot expect profit from gambling, and with time while you start loosing more and more you also get addicted more and more. The best way to earn from gambling is make some profit and stop it right then.
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November 03, 2016, 08:08:07 PM
 #1824

You can easily make 50-100 usd for a few days with gambling, but in the longer run you, if you follow the same bet sizes, you will end up losing a little bit more than you gain (house edge).

You are better of using this time and energy to find a job if you want to be able to earn money.

Gambling should only be for fun, not for trying to make profits.
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November 03, 2016, 09:05:19 PM
 #1825

Gambling really can be prpfitable in long term especially if you mastered poker games or any card game plus you also managed on how to always control your self but still this is very risky dude so i suggest to just stay away from it
Sometimes gambling can be profitable, but sometimes not becuase there are chance that we gonna lose straight where we cant get back the lose we lost after playing gambling it can be specially day if you have luck and then and take the profit
Just now I went on one expert gambler profile. He is making around 10k euro in a week. Guess how much he an expert in gambling. He will play only skill games like poker, card game, football betting like this. He will not trust luck. He believes in mathematics. He studied only maths, and his calculation is that much perfect. So he is making that much huge profit in gambling.
Yes i know about that already they are really professional when it comes in gambling and i really wanted to become them sooner or later maybe i need some good capital to start playing gambling like my idol in bustabit his really good when it comes on betting his gonna lose 1 bitcoin straight and then he gonna win upto 10bitcoin when he wins the round
The problem with gambling is that whatever capital you have you will always feel it smaller.
Because you will give loss and think ah if I had large capital or bankroll then I would have survived this loosing streak, while the problem is not bankroll but the losses so the best way to earn from gamble is stop it asap.

INVALID BBCODE: close of unopened tag in table (1)
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November 03, 2016, 09:27:50 PM
 #1826

You can easily make 50-100 usd for a few days with gambling, but in the longer run you, if you follow the same bet sizes, you will end up losing a little bit more than you gain (house edge).

You are better of using this time and energy to find a job if you want to be able to earn money.

Gambling should only be for fun, not for trying to make profits.
With a bankroll management if you gamble on poker or sports it's possible to make this happen
As long as you stick to the rules and not to gamble on a games that have a house edge
I think there a lot of people doing this and get profit in long term
I personally do bankroll management and i know my limit to lose , everything planned so there is no problem to make gambling profitable in the long run.
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November 03, 2016, 09:34:27 PM
 #1827

Yea they can but they must play poker or dice to have sure profit like 50-100$ daily because they have freeroll tournaments and faucet for free gambling.
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November 03, 2016, 09:40:15 PM
 #1828

to get $50-$100 from casino is not impossible mate
its easy to reach if we do high bet and have big lucky
but if you feel your profit is enough, just quit it
play on long run sometimes will make us busted

Well, let's think this daily profit in BTCs...

0.14 BTC = $100

If you have 1 BTC and is betting 0.1 BTC with 90% chance, you need to win 14 times to make your daily profit. High risk to get a consecutive loss, but possible with some luck as you said.  Smiley

If I would rich, I would try this...


 
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November 04, 2016, 03:29:52 PM
 #1829

Yea they can but they must play poker or dice to have sure profit like 50-100$ daily because they have freeroll tournaments and faucet for free gambling.

50-100$ daily is a huge amount of money. You can't possibly do that by just using freerolls and the small amount of money from the faucet of a gambling site. Well, maybe you can if you're extremely lucky and hit the jackpot but there's no way that you can do it daily. Gambling sites' free rolls and faucets are intended for users to try the game at least once. When you lose that round, you'll have to wait a couple of hours before you can claim another one.

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November 04, 2016, 03:39:50 PM
 #1830

You can win from gambling from long run.Because of the house Edge you will lose if you gamble in the long run.If you gamble through poker or player vs player game you have high chance to win.But if you gamble vs house you will surely lose if you gamble long run.Read more about house edge.

That is most gambling method works and has a very high house edge, that is why many gamblers prefer betting in sports betting, poker, or a PVP gambling that they can analyze and put some effort of strategy and skill in winning, well you should think first because proceeding more further in that kind of method.
Just a small observation in sports betting you are still betting against the house unless you are betting in a betting exchange like betfair in  which you are betting against other players.

Of course you would settle against other players and do sports betting has an house edge? I think it is only apply to gambling with randomness in betting, well if it is apply then I think it would be OK if you would play with other players or if there is maybe it would not cost a lot right? and I think the winning in sports betting has a tendency of you had a percentage in yourself that you may win and it is most certainly enjoyable.
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November 04, 2016, 04:04:24 PM
 #1831

Maybe gamble can profitable if you  always win  or you have lucky charm that makes you win.
.Some people say that if the money comes from gambling is not good.
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November 04, 2016, 05:40:34 PM
 #1832

It depends on the performance of the player if he has spend a longer time in learning about games and if he have a lot of luck in winning then it is not a matter that he spend more time or less time he will win but an unlucky and non experienced person will not be beneficial to stay for longer in gambling.
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November 04, 2016, 09:45:22 PM
 #1833

Im a bit realistic and i dont believe gambling will lead to profit in the long term neither the short, those games werent made to make you profit, the full system is you gamble and the house takes their fee. My deposit and yours will go to some lucky person, and the house dont loose nothing with it, house has those costumers i dont believe.
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November 04, 2016, 11:03:49 PM
 #1834

I doubt if anyone could ever consider gambling as a source of profit.
Gambling is a hobby and should never be a way of income.

I know somebody that considered gambling as his main source of income. He doesn't go to work, he just go to the casino and go home with some money from the 'commission' that he's getting from other people. He didn't let his wife go to work either. They were dependent on gambling. There are days when he goes home with nothing at all since it's gambling. But most days he just have a small profit, enough to feed his kids. Today, he's still where he was years ago. No improvements in life at all.
Sad story, but even then he is in fact in better shape than most gamblers that are in the red, including me, since it seems he is obtaining some profit out of it.

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November 04, 2016, 11:06:37 PM
 #1835

I doubt if anyone could ever consider gambling as a source of profit.
Gambling is a hobby and should never be a way of income.

I know somebody that considered gambling as his main source of income. He doesn't go to work, he just go to the casino and go home with some money from the 'commission' that he's getting from other people. He didn't let his wife go to work either. They were dependent on gambling. There are days when he goes home with nothing at all since it's gambling. But most days he just have a small profit, enough to feed his kids. Today, he's still where he was years ago. No improvements in life at all.
Sad story, but even then he is in fact in better shape than most gamblers that are in the red, including me, since it seems he is obtaining some profit out of it.

gambling is not the place to look for profits. you say it's all because you might think that gambling is the most convenient and appropriate for profit. so, if it's something good then all religions allow gambling, but in fact there are religions in the world it prohibits gambling. because it contains something which is detrimental to most people and also does not provide the benefits that good in a long time
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November 05, 2016, 12:47:21 AM
 #1836

I doubt if anyone could ever consider gambling as a source of profit.
Gambling is a hobby and should never be a way of income.

I know somebody that considered gambling as his main source of income. He doesn't go to work, he just go to the casino and go home with some money from the 'commission' that he's getting from other people. He didn't let his wife go to work either. They were dependent on gambling. There are days when he goes home with nothing at all since it's gambling. But most days he just have a small profit, enough to feed his kids. Today, he's still where he was years ago. No improvements in life at all.
Sad story, but even then he is in fact in better shape than most gamblers that are in the red, including me, since it seems he is obtaining some profit out of it.

gambling is not the place to look for profits. you say it's all because you might think that gambling is the most convenient and appropriate for profit. so, if it's something good then all religions allow gambling, but in fact there are religions in the world it prohibits gambling. because it contains something which is detrimental to most people and also does not provide the benefits that good in a long time
Maybe for the typical gamblers but for the professionals they have all the freedom to make money in gambling, if we based on the statistics, majority of the gamblers are losers therefore our chance of winning in gambling is very small, but this small chances is big for the small number of people which I have mentioned the professionals.

Know your capacity, if you can make money then go and if not just enjoy it.

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100% TRANSPARENT
PROVABLY FAIR
TriggerX
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November 05, 2016, 12:47:39 AM
 #1837

Technically it is very possible to earn that much a day. Probability-wise, the chance of that happening is slim to none.

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Dmitry.Vastov
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November 05, 2016, 01:09:01 AM
 #1838

It depends on the performance of the player if he has spend a longer time in learning about games and if he have a lot of luck in winning then it is not a matter that he spend more time or less time he will win but an unlucky and non experienced person will not be beneficial to stay for longer in gambling.
that's true and depend on the game that was he/she playing.Because many gambling site is probably fair and depend on the outcome of the game if you win or you lose.
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November 05, 2016, 01:13:13 AM
 #1839

I thought to gamble even though we we have thought and discipline will be lost. admin did not remain silent!. sooner or later it will be known trick used


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November 05, 2016, 03:02:12 AM
 #1840

I thought to gamble even though we we have thought and discipline will be lost. admin did not remain silent!. sooner or later it will be known trick used
There's no method that will last forever, simply the gambling sites will adjust because they are in the business to make money not to give money. For sure they do not establish a charitable institution so they are seeking for more profit as they know more gamblers would love to spend their money.

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