Can gambling be profitable in long term ?

[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.

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.

And making it happen is a very impossible thing that's why I don't prefer to gamble too much because it won't give me long term profit.

And even I will win some big amounts, it can make me happy for sometime but that is just a temporary happiness.

Because it will just make me encourage to gamble again but in the end, I will end up losing my money.

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[RealPhotoshoper]

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,.

those people who able to make money in the long run is the one who use bankroll management.
they will always able to see the recent status and balanced between their losing & winning.
so in the end they will always on profit situation , so the key here is to manage your money.

[The_prodigy]

Gambling can be profitable anyone playing gambling for the sake of profit they're playing almost 24 hours a day it can be daily but not that straight i know there are gambler's that pushing too hard to win in game. And you will discovered it too once you played in long run.

[ardentvolcanoes]

it can be possible only for the person who own a gambling site because for the players or gamblers it is not actually easy to earn from gambling so it appears to be gambling can't be profitable in the long term, and gamblers surely don't have an absolute luck to win and make a profit from gambling meaning to say the probability or chance is just a little.

[hawkins]

Gambling can be profitable anyone playing gambling for the sake of profit they're playing almost 24 hours a day it can be daily but not that straight i know there are gambler's that pushing too hard to win in game. And you will discovered it too once you played in long run.

in fact, gambling provides people it depends on the person. Well, if the person has experience and a good knowledge of gambling, maybe it can make a profit in the long term, especially if the person is supported by the amount of luck. but it is very difficult to make a profit in the long term under normal circumstances, especially if you're just relying on luck

[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.

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.

I know that not all the gamblers are just gambling for fun many of them are not really into it, that's a fact that we all know about them.

Even though they are saying that, they are having the hope that they will be able to recover those losses that they've made.

But if they will, they will just probably say that they are only gambling for the sake of entertainment and not for the profit.

Because reality will kill us, that gambling is not profitable in the long run.

[BitFinnese]

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.   

It is not a lie actually it is a fact, regardless of the house edge, since the game is a game of chance, the times you roll will increase both the losing and winning chance but decrease the chance to have a  streak of winning. the difficulty is raised exponentially, you can apply a series of flipping a coin and the odds that it will be landing in series of same side will decrease.  To the calculation, saying we flip the coin six times, the odds will be 1/2 ^ 6 which is 1/128 to have a 6  straight landing of the same side.

[audaciousbeing]

In all sincerity, the only way gambling can be profitable to me on long-term basis is if I get rich with it or anyone playing it gets rich either winning the jackpot or even playing until the gambling site recognize his effort and decide to just honor him and donate like 100btc to him. Unless that is happening, then it is not profitable whether short-term or long-term you will just keep on winning and losing thats it.

[Fireblade]

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.

yes no doubt about this, i al also agree with you, that luck is one of the most important factor in gambling, but to me still there are some gambling games where your experience and skill can work. but still luck is important for that.

[serjent05]

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.

In dice, to win in a long term, you need to have a very huge bankroll, do the martingale strategy and multiply your bet everytime you lose, x3 and above is better. Then a single win (if your bankroll can afford the amount of those losses plus the current bet before you win) can surely give you very nice profit especially if you have a longer lossing streak.  That is the only possible strategy if you want to win in the long run.

[wuvdoll]

If we only focus profit on the long term, let alone the gains was certainly we will stress, gambling is only a distraction, I will not use gambling for priority investments and moreover long term.

But gambling is not destruction but the way you play gambling is really depend that either it destruction or supportive, if you have no limit of playing gambling then it is just a destruction but if you are playing gambling with a strategy then it is okay and you can really enjoy it especially in long run.

[lite]

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.

In dice, to win in a long term, you need to have a very huge bankroll, do the martingale strategy and multiply your bet everytime you lose, x3 and above is better. Then a single win (if your bankroll can afford the amount of those losses plus the current bet before you win) can surely give you very nice profit especially if you have a longer lossing streak.  That is the only possible strategy if you want to win in the long run.

Large bankroll won't help you to win in the long run, if you chose to use martingale strategy you'll fast. in the long run the house edge rules, it doesn't matter how much is your bankroll, you'll lose!

[Japinat]

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.

In dice, to win in a long term, you need to have a very huge bankroll, do the martingale strategy and multiply your bet everytime you lose, x3 and above is better. Then a single win (if your bankroll can afford the amount of those losses plus the current bet before you win) can surely give you very nice profit especially if you have a longer lossing streak.  That is the only possible strategy if you want to win in the long run.

Large bankroll won't help you to win in the long run, if you chose to use martingale strategy you'll fast. in the long run the house edge rules, it doesn't matter how much is your bankroll, you'll lose!

Any gambling method may be applicable depending on the right timing, martingale might work for others but it's not advisable as it can easily consume your bankroll when you have a cold streak. The thing is, we want to last in gambling to enjoy and hopefully to be profitable in the long run.

The best way to do it is not to be greedy using martingale method but use flat betting with a right decision making on your bets.

[Oralmat]

If we only focus profit on the long term, let alone the gains was certainly we will stress, gambling is only a distraction, I will not use gambling for priority investments and moreover long term.

But gambling is not destruction but the way you play gambling is really depend that either it destruction or supportive, if you have no limit of playing gambling then it is just a destruction but if you are playing gambling with a strategy then it is okay and you can really enjoy it especially in long run.

You know, we all are play gambling only one way, and it is winning way, But in fact, we always faces that way and it is lose, So it is really difficult to say that gambling is profitable thing and especially in a long term, I am not agree on it, even every experience gambler person can't accept that gambling is a profitable way, Because it is not a business or investment, it is gambling and also it is full of risk.     

[Natalim]

If we only focus profit on the long term, let alone the gains was certainly we will stress, gambling is only a distraction, I will not use gambling for priority investments and moreover long term.

But gambling is not destruction but the way you play gambling is really depend that either it destruction or supportive, if you have no limit of playing gambling then it is just a destruction but if you are playing gambling with a strategy then it is okay and you can really enjoy it especially in long run.

You know, we all are play gambling only one way, and it is winning way, But in fact, we always faces that way and it is lose, So it is really difficult to say that gambling is profitable thing and especially in a long term, I am not agree on it, even every experience gambler person can't accept that gambling is a profitable way, Because it is not a business or investment, it is gambling and also it is full of risk.     

In general, gambling is not profitable and the statistics speaks for itself, there are more losers than winners which makes a statement that gambling is not profitable in the long run. For some it is but for the majority of gamblers it's not. Now, we can rate ourselves now on where do we belong and it should be be base on our record if we are tracking it.

[raaajlucky]

If we only focus profit on the long term, let alone the gains was certainly we will stress, gambling is only a distraction, I will not use gambling for priority investments and moreover long term.

But gambling is not destruction but the way you play gambling is really depend that either it destruction or supportive, if you have no limit of playing gambling then it is just a destruction but if you are playing gambling with a strategy then it is okay and you can really enjoy it especially in long run.

You know, we all are play gambling only one way, and it is winning way, But in fact, we always faces that way and it is lose, So it is really difficult to say that gambling is profitable thing and especially in a long term, I am not agree on it, even every experience gambler person can't accept that gambling is a profitable way, Because it is not a business or investment, it is gambling and also it is full of risk.     

In general, gambling is not profitable and the statistics speaks for itself, there are more losers than winners which makes a statement that gambling is not profitable in the long run. For some it is but for the majority of gamblers it's not. Now, we can rate ourselves now on where do we belong and it should be be base on our record if we are tracking it.

I don't think even those some people also can make money every time they gamble. Because gambling needs some luck along with your skills to win and that luck will support sometimes but if you gamble everyday then most likely will lose money. I think even expert gamblers also lose money in the longer run.

[8Habits]

If we only focus profit on the long term, let alone the gains was certainly we will stress, gambling is only a distraction, I will not use gambling for priority investments and moreover long term.

But gambling is not destruction but the way you play gambling is really depend that either it destruction or supportive, if you have no limit of playing gambling then it is just a destruction but if you are playing gambling with a strategy then it is okay and you can really enjoy it especially in long run.

You know, we all are play gambling only one way, and it is winning way, But in fact, we always faces that way and it is lose, So it is really difficult to say that gambling is profitable thing and especially in a long term, I am not agree on it, even every experience gambler person can't accept that gambling is a profitable way, Because it is not a business or investment, it is gambling and also it is full of risk.     

In general, gambling is not profitable and the statistics speaks for itself, there are more losers than winners which makes a statement that gambling is not profitable in the long run. For some it is but for the majority of gamblers it's not. Now, we can rate ourselves now on where do we belong and it should be be base on our record if we are tracking it.

I don't think even those some people also can make money every time they gamble. Because gambling needs some luck along with your skills to win and that luck will support sometimes but if you gamble everyday then most likely will lose money. I think even expert gamblers also lose money in the longer run.

In fairness, there are really professional gamblers out there that are really making a killing with gambling because they really know what they are doing. They have a built in system that they follow and they consider that losing is just part of the game but they are laser focus on winning more than losing.

[Capradina]

If we only focus profit on the long term, let alone the gains was certainly we will stress, gambling is only a distraction, I will not use gambling for priority investments and moreover long term.

But gambling is not destruction but the way you play gambling is really depend that either it destruction or supportive, if you have no limit of playing gambling then it is just a destruction but if you are playing gambling with a strategy then it is okay and you can really enjoy it especially in long run.

You know, we all are play gambling only one way, and it is winning way, But in fact, we always faces that way and it is lose, So it is really difficult to say that gambling is profitable thing and especially in a long term, I am not agree on it, even every experience gambler person can't accept that gambling is a profitable way, Because it is not a business or investment, it is gambling and also it is full of risk.     

In general, gambling is not profitable and the statistics speaks for itself, there are more losers than winners which makes a statement that gambling is not profitable in the long run. For some it is but for the majority of gamblers it's not. Now, we can rate ourselves now on where do we belong and it should be be base on our record if we are tracking it.

I don't think even those some people also can make money every time they gamble. Because gambling needs some luck along with your skills to win and that luck will support sometimes but if you gamble everyday then most likely will lose money. I think even expert gamblers also lose money in the longer run.

In fairness, there are really professional gamblers out there that are really making a killing with gambling because they really know what they are doing. They have a built in system that they follow and they consider that losing is just part of the game but they are laser focus on winning more than losing.

Yup, you're right. Because that's all gamblers who already understand how to play the truth would set up a system that will assist them in making gambling easier and does not require a long time to play, but could benefit greatly. And I see that this will not apply to games or gambling online. Because online is something that has a system that is always changing with the growth of increasingly advanced technology So this will not affect to those who use online gambling. This will only work on offline gambling

[MWesterweele]

It depends on what gambling game do you play. some professional gamblers do make a living or sustain their earnings especially on poker and sports betting. Playing dice and slots seems too impossible to be profitable on long runs.

It always depends on gambling whe play i know some professional gamblers cna make living with gambling and they can always play gambling for the sake of profit and every time they win big they can buy what they want playing in poker can make them rich instantly when they love luck they can play poker with 8-16 hours a day right.

[YuginKadoya]

Its not impossible but the chances are low since you are actually playing against chance because of the house edge. In short term you can profit if you leave early.

True, we can win at the short term. But, I guess most people will come back again to this business especially after they gain some profit from it. The circle will never end till someone got nothing to stake anymore. Hence, only few people who can handle their emotions can survive from bad 'long term' profit from this game.

It's not only the house edge that are killing us in gambling but one factor also is our weaknesses in managing our emotion, it's the biggest traitor of all time and will lead us to be greedy. The moment we win we are happy but when we think their more to win and we do not want to stop, it's the human nature of being greedy that prevent us from stopping until we lose.

Not realy we can win at the short term, On gambling we talking about "strategy / Lucky / goal" . Are you sure talking about greedy's big point we lost on gambling ? Even you have won then just briefly got lost money, this not talking about "Greedy" cause on play we need big point's lucky on gambling.

You are greedy if you keep pushing your luck in gambling, luck can come anytime with a surprise and it can give us a little excitement maybe thinking we are unbeatable but since the math of our chances will play, we will still lose in the long run and that not a surprise for every gambler. We will be dealt with that due to greediness.

this should be  needed to be taking care if greediness can be control and if we can still think wisely even we are in  a middle of the game no matter if losing of winning we can possibly wins in the long run, but it is our self that we are dealing with and its hard to win that's why we call some gambling master as pro because they really manage to their self even in the long period inside the game.

Well even a master pro in gambling has their down side when it comes to gambling and they needed a break when it comes in stopping your bet when their bankroll are down they are just good in handling a bet and in their decision making, that is why there are obviously a master when it come to this kind of matter,

In my opinion about gambling i dont think it can be profitable in long term because as my experience like playing in lottery more losses can be experienced rather than winning. But if theres a big chance to win jackpot prize like online btc casinos i believed that it is profitable but not in a long term and surely if you've won that large jackpot amount short term profit prevails.

Yes it can not be profitable because it is luck base, I think that it is very hard to profit in gambling it is outrageously obvious that you can not make money over it, but there are certain people that are lucky enough in doing so, but the number is not high enough because that is not what gambling do, it is made for the owner because it is a business for himself and because of people that are so curious if he could win an instant money and think he is lucky enough to win a bet well think again!