Can gambling be profitable in long term ?

[mirakal]

Technically yes, it could potentially happen as long as you keep hitting the right rolls but statistically speaking it should be unprofitable to gamble in the long term against a house edge because the house will always be winning, especially when there are thousands of gamblers out there.

There might be one lucky person that hits something, but all the rest lose in the long term.

Agreed,,, some time may be gamblers can hit something big thats why usually gamblers always come back with his/her money. Then they will lose small amount every day and they will lose more money than their profit. Thats what happening with me, and i believe alot of people have same situation with me.

Therefore we can conclude that gambling is not profitable in the long run for us, it's the reality but we can still stay in gambling but we should change our purpose from making money which in reality we are giving to seeking happiness purely.

[Shinpako09]

Technically yes, it could potentially happen as long as you keep hitting the right rolls but statistically speaking it should be unprofitable to gamble in the long term against a house edge because the house will always be winning, especially when there are thousands of gamblers out there.

There might be one lucky person that hits something, but all the rest lose in the long term.

Agreed,,, some time may be gamblers can hit something big thats why usually gamblers always come back with his/her money. Then they will lose small amount every day and they will lose more money than their profit. Thats what happening with me, and i believe alot of people have same situation with me.

Therefore we can conclude that gambling is not profitable in the long run for us, it's the reality but we can still stay in gambling but we should change our purpose from making money which in reality we are giving to seeking happiness purely.

Gamblers can only be happy, purely happy rather if they will win big amount of money and thats a fact. Thats their main purpose in gambling to win and not to only seek for happiness.

[jossiel]

Technically yes, it could potentially happen as long as you keep hitting the right rolls but statistically speaking it should be unprofitable to gamble in the long term against a house edge because the house will always be winning, especially when there are thousands of gamblers out there.

There might be one lucky person that hits something, but all the rest lose in the long term.

Agreed,,, some time may be gamblers can hit something big thats why usually gamblers always come back with his/her money. Then they will lose small amount every day and they will lose more money than their profit. Thats what happening with me, and i believe alot of people have same situation with me.

Therefore we can conclude that gambling is not profitable in the long run for us, it's the reality but we can still stay in gambling but we should change our purpose from making money which in reality we are giving to seeking happiness purely.

Gamblers can only be happy, purely happy rather if they will win big amount of money and thats a fact. Thats their main purpose in gambling to win and not to only seek for happiness.

Those people who are involved with gambling activities that will be happy are the owners. Because when they have money from the lose of gamblers.

That will make them happy and even though they will not seek for happiness as long as they are profiting from their gamblers.

They can be already happy just like what you said they are just aiming for winning or having some profit.

[stadus]

Technically yes, it could potentially happen as long as you keep hitting the right rolls but statistically speaking it should be unprofitable to gamble in the long term against a house edge because the house will always be winning, especially when there are thousands of gamblers out there.

There might be one lucky person that hits something, but all the rest lose in the long term.

Agreed,,, some time may be gamblers can hit something big thats why usually gamblers always come back with his/her money. Then they will lose small amount every day and they will lose more money than their profit. Thats what happening with me, and i believe alot of people have same situation with me.

Therefore we can conclude that gambling is not profitable in the long run for us, it's the reality but we can still stay in gambling but we should change our purpose from making money which in reality we are giving to seeking happiness purely.

Gamblers can only be happy, purely happy rather if they will win big amount of money and thats a fact. Thats their main purpose in gambling to win and not to only seek for happiness.

Those people who are involved with gambling activities that will be happy are the owners. Because when they have money from the lose of gamblers.

That will make them happy and even though they will not seek for happiness as long as they are profiting from their gamblers.

They can be already happy just like what you said they are just aiming for winning or having some profit.

That's obvious since the main purpose why they operate a gambling site is very of the profit, the more gamblers will be attracted to gamble the more chance they will have more clients to increase their profitability. It's given already therefore we should play our cards well to ensure we can still enjoy in gambling despite of the fact that we are losing.

[daringdiscovered]

Technically yes, it could potentially happen as long as you keep hitting the right rolls but statistically speaking it should be unprofitable to gamble in the long term against a house edge because the house will always be winning, especially when there are thousands of gamblers out there.

There might be one lucky person that hits something, but all the rest lose in the long term.

Agreed,,, some time may be gamblers can hit something big thats why usually gamblers always come back with his/her money. Then they will lose small amount every day and they will lose more money than their profit. Thats what happening with me, and i believe alot of people have same situation with me.

Therefore we can conclude that gambling is not profitable in the long run for us, it's the reality but we can still stay in gambling but we should change our purpose from making money which in reality we are giving to seeking happiness purely.

Gamblers can only be happy, purely happy rather if they will win big amount of money and thats a fact. Thats their main purpose in gambling to win and not to only seek for happiness.

Those people who are involved with gambling activities that will be happy are the owners. Because when they have money from the lose of gamblers.

That will make them happy and even though they will not seek for happiness as long as they are profiting from their gamblers.

They can be already happy just like what you said they are just aiming for winning or having some profit.

They will be happy until they win big amounts or they hit their target profit from it. People are not always contented on what they have. They have unlimited desires which makes them greedy. If they win this time, the nest time they play their target is even more compared before which in the end is a bad result.

[sunsilk]

Eh, no.  You all know very well that the way casinos (or any place that lets you bet) are set up, the longer you play the more you lose.  It's that simple.  You might strike it rich with luck, but if you stay at the table long enough your winnings will go to ZERO.

Why people think they can gamble as a career is beyond me.

I guess they are becoming comfortable when they are able to experience the taste of some winnings with gambling.

And they tend to think that gambling will be the best way to be a source of their income and good in the long run.

But just all we know that it is not really the best way for many failed with it and shares their experiences that gambling is not profitable in the long run.

[Finestream]

Eh, no.  You all know very well that the way casinos (or any place that lets you bet) are set up, the longer you play the more you lose.  It's that simple.  You might strike it rich with luck, but if you stay at the table long enough your winnings will go to ZERO.

Why people think they can gamble as a career is beyond me.

I guess they are becoming comfortable when they are able to experience the taste of some winnings with gambling.

And they tend to think that gambling will be the best way to be a source of their income and good in the long run.

But just all we know that it is not really the best way for many failed with it and shares their experiences that gambling is not profitable in the long run.

With our resistance to quit gambling, that means we are still happy despite the loses we experience. If this is an entertainment for you , you would not mind how much you lose and even if you are not profitable in the long run as long as you can afford what you have lose and will lose.

Gamblers are happy with gambling since it is really an entertainment for all of us and only when we failed to continue our sole purpose and we become greedy will we lose unexpected amount of money.

[roadbits]

Technically yes, it could potentially happen as long as you keep hitting the right rolls but statistically speaking it should be unprofitable to gamble in the long term against a house edge because the house will always be winning, especially when there are thousands of gamblers out there.

There might be one lucky person that hits something, but all the rest lose in the long term.

Agreed,,, some time may be gamblers can hit something big thats why usually gamblers always come back with his/her money. Then they will lose small amount every day and they will lose more money than their profit. Thats what happening with me, and i believe alot of people have same situation with me.

Therefore we can conclude that gambling is not profitable in the long run for us, it's the reality but we can still stay in gambling but we should change our purpose from making money which in reality we are giving to seeking happiness purely.

Gamblers can only be happy, purely happy rather if they will win big amount of money and thats a fact. Thats their main purpose in gambling to win and not to only seek for happiness.

Those people who are involved with gambling activities that will be happy are the owners. Because when they have money from the lose of gamblers.

That will make them happy and even though they will not seek for happiness as long as they are profiting from their gamblers.

They can be already happy just like what you said they are just aiming for winning or having some profit.

They will be happy until they win big amounts or they hit their target profit from it. People are not always contented on what they have. They have unlimited desires which makes them greedy. If they win this time, the nest time they play their target is even more compared before which in the end is a bad result.

That's why you shouldn't have any target in gambling. You should always play with some fixed amount for fun and if you lose that amount then just give up and go do other activities. It is not for making money but people think other way and finally lose all their money in gambling.

[ice098]

Maybe it can to those people who are always doing gambling because for me gambling is not really that profitable in the first place, maybe, if you always win but if you are always losing then it will never be profitable no matter what. Gambling is just a game, and you are putting your money at risk. It is a trial and error because you will never know if you are going to win and lose if you will never try.

[Hhampuz]

Eh, no.  You all know very well that the way casinos (or any place that lets you bet) are set up, the longer you play the more you lose.  It's that simple.  You might strike it rich with luck, but if you stay at the table long enough your winnings will go to ZERO.

Why people think they can gamble as a career is beyond me.

I guess they are becoming comfortable when they are able to experience the taste of some winnings with gambling.

And they tend to think that gambling will be the best way to be a source of their income and good in the long run.

But just all we know that it is not really the best way for many failed with it and shares their experiences that gambling is not profitable in the long run.

That's a false statement, no casinos are built in a way where your chances to win decrease the longer you play.

They are built in a way where each round is unique and not connected to the previous one, that's the random factor.

However, there is always an edge to the house to make sure it does not go broke, but simply saying "you'll lose the longer you play" is a lie.   

[BTCLovingDude]

Eh, no.  You all know very well that the way casinos (or any place that lets you bet) are set up, the longer you play the more you lose.  It's that simple.  You might strike it rich with luck, but if you stay at the table long enough your winnings will go to ZERO.

Why people think they can gamble as a career is beyond me.

I guess they are becoming comfortable when they are able to experience the taste of some winnings with gambling.

And they tend to think that gambling will be the best way to be a source of their income and good in the long run.

But just all we know that it is not really the best way for many failed with it and shares their experiences that gambling is not profitable in the long run.

That's a false statement, no casinos are built in a way where your chances to win decrease the longer you play.

They are built in a way where each round is unique and not connected to the previous one, that's the random factor.

However, there is always an edge to the house to make sure it does not go broke, but simply saying "you'll lose the longer you play" is a lie.   

i think he is only talking about the house edge and the effect that can have on large numbers of bets. for example when you make 10 bets with 49% odds you may have 8 wins and 2 losses (or vice versa) because the numbers are small and the chances are random but when you have 100,000 bets you will surely have 49K win and 51K loss hence the less profitability of what he is talking about.

[Fireblade]

Maybe it can to those people who are always doing gambling because for me gambling is not really that profitable in the first place, maybe, if you always win but if you are always losing then it will never be profitable no matter what. Gambling is just a game, and you are putting your money at risk. It is a trial and error because you will never know if you are going to win and lose if you will never try.

yes that is a fact that a person cannot be lucky every time and no one can win 100% bets, but it does ot mean that every one will lose in the long run, as there are so many people who are making good money from gambling and they are playing it as a profession, their average win is more that their average lost.

[smho_16]

It can if you follow someone, i.e a tipster in this forum or outside of it. That's not all, you have to follow his bankroll instructions, his stakes (how sure he is about a bet from 1-10 is known as a stake), play only the percentage suggested by him per single bet, i.e 3% for a bet 5% for another and so on. The tipster need to have an outstanding history and be time tested.

I think this is the only possibility for someone to win in the long term. If you play yourself, you maybe good for a certain amount of time but soon after you will end up losing everything. Maybe I am wrong but I don't know any other way to be profitable in gambling in the long term and I am talking of course about sports betting here.

[tabas]

nothing guarantees that it could be done, but I feel someone had to do it, either using scripts or other tricks, but certainly there are people who have benefit in a long time when gambling. but I am sure it will be very difficult to do if you're trying to play in normal circumstances

In a long term gambling we can gamble huge amount with very low odds with win percentage of more than 85, then we will make some profit without taking much risk and in this way we can gamble very long term with low win percentage. I usually play small amount with more than 50% of win percentage and martingale.

Firstly I don't agree that we can make a money from gambling in the longer run and secondly if you go with low odd games to bet and if you lose one or two games then you need to win another few games to recover those losses. We can't guarantee that what percentage we will win in the long run so it is not possible to make money in gambling in the longer run.

We cannot make profit if we are just simply visiting gambling sites and loses our bitcoins but being an investor will make it happen and possible in the long run. But it seems this is a very impossible thing for an individual gambler to be able to get some decent profit with gambling in the long run, this is just possible for the owners.

Investment in gambling can be a good idea but there is no assurance that you can make a good profit you should choose what gambling site is the best to invest that you can actually earn a good profit. we have already review about some site that actually giving good profit..
Like in betking that someone has already made a large profit in investing in that site..

Research, effort, patience and focus is what we really need in investment ,we need to research on the reliable sites and focus on gaining more to be able to invest more but making sure to invest it not only in one site. This things needs effort same when gambling patience and effort is really needed when you already lose more than your capital there is  need to stop same when already won that much. Gambling can also really a source of income when you have focus on your game plan and have a self control.

There are a lot of gambling sites that can be good to entrust your bitcoins for investing to them, you can see what's on my signature, bitvest is good to invest too. And it might be a source of income for those people who are really addicted with gambling but with me, I don't call it as source of income it is just for entertainment when I get bored.

[ged00u]

Maybe it can to those people who are always doing gambling because for me gambling is not really that profitable in the first place, maybe, if you always win but if you are always losing then it will never be profitable no matter what. Gambling is just a game, and you are putting your money at risk. It is a trial and error because you will never know if you are going to win and lose if you will never try.

Well, for me, gambling is for entertaining, for the relaxing after a hard working day. I do not usually gamble much because I find that I do not have enough luck and skills to win while others do. Some of my friends, who you can call gambling masters, they gamblealmost everyday and they do have stable income in long term. They have gathered a team to analyze and draw some special strategies to each site they involve. They are very good though and they never share their strategies to other people

[futurebit640]

Maybe it can to those people who are always doing gambling because for me gambling is not really that profitable in the first place, maybe, if you always win but if you are always losing then it will never be profitable no matter what. Gambling is just a game, and you are putting your money at risk. It is a trial and error because you will never know if you are going to win and lose if you will never try.

yes that is a fact that a person cannot be lucky every time and no one can win 100% bets, but it does ot mean that every one will lose in the long run, as there are so many people who are making good money from gambling and they are playing it as a profession, their average win is more that their average lost.

Have you met anyone them who you're saying making money in the longer term from gambling? So far I didn't meet such person yet. Just for marketing purpose, these are all just rumours. Gambling end results depends on luck, not on individuals experience or bankroll.

[maku]

Have you met anyone them who you're saying making money in the longer term from gambling? So far I didn't meet such person yet. Just for marketing purpose, these are all just rumours. Gambling end results depends on luck, not on individuals experience or bankroll.

Well there are really skilled poker players who can easily live off of playing poker on a professional level.
You don't have to seek far - just watch: https://www.twitch.tv/pokercentral But apart from any prolonged gambling activity will not be profitable.

[fullypak]

Have you met anyone them who you're saying making money in the longer term from gambling? So far I didn't meet such person yet. Just for marketing purpose, these are all just rumours. Gambling end results depends on luck, not on individuals experience or bankroll.

Well there are really skilled poker players who can easily live off of playing poker on a professional level.
You don't have to seek far - just watch: https://www.twitch.tv/pokercentral But apart from any prolonged gambling activity will not be profitable.

You should know that at the end only one or two can win and not all them right? So even though your professional but to win luck need to support you on a given day to win money. My point is without luck one can't win money in gambling whether your professional or not.

[goldcoinminer]

Have you met anyone them who you're saying making money in the longer term from gambling? So far I didn't meet such person yet. Just for marketing purpose, these are all just rumours. Gambling end results depends on luck, not on individuals experience or bankroll.

Well there are really skilled poker players who can easily live off of playing poker on a professional level.
You don't have to seek far - just watch: https://www.twitch.tv/pokercentral But apart from any prolonged gambling activity will not be profitable.

You should know that at the end only one or two can win and not all them right? So even though your professional but to win luck need to support you on a given day to win money. My point is without luck one can't win money in gambling whether your professional or not.

Definite luck alone will not give us a long term success, we have to work for it if we want to get our goal. Even in gambling which our chances is very low but there's still a chance to win like other professionals who make their way right in gambling. However, that journey would not be easy as we think we need to follow how they do it and that requires a lot of discipline.

[shintosai]

Have you met anyone them who you're saying making money in the longer term from gambling? So far I didn't meet such person yet. Just for marketing purpose, these are all just rumours. Gambling end results depends on luck, not on individuals experience or bankroll.

Well there are really skilled poker players who can easily live off of playing poker on a professional level.
You don't have to seek far - just watch: https://www.twitch.tv/pokercentral But apart from any prolonged gambling activity will not be profitable.

yes mate i agree especially when you are playing luck base games  in the long term if you don't know how to control yourself and keep following your instinct for sure you will ended up losing your bankroll those who manage to win are the one who knows how to adjust when things is not favoring their side and easily adopt to win little by little,.