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Author Topic: Can gambling be profitable in long term ?  (Read 112250 times)
Achargeturry78
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December 05, 2016, 03:12:10 PM
 #2141

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
yes it is possible but not all of the time. it is always depends on or luck and sometimes of your trick on how you win. because most of the time, those who are greedy to win  that they would like to get all the money of the casino, they are the one who got lose because of their eagerness to win so i think it is all depend on how you handle your money and how to win.

In cases like that the eagerness of a person is the one that will make them sink on gambling they will just continue in going forward even if they don't have any money left in their pockets because of the addiction of a certain person in gambling their mind is blur because of their addiction that is why they will keep on engaging playing gambling even in their worst day!
Eagerness of person make us lose and play more in gambling we might fall with gambling if we continoiusly play it i don't left money from my bitcoin wallet so that i never gambled for 1 week or maybe more if you are wanting to play gambling tried to find a game that you can busy with engaging playing gambling will not help us.
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December 05, 2016, 03:29:43 PM
 #2142

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!
perhaps, there are some people who can do that. they can make an income in the long term because they already know the best way to earn money from it. Well, however, I feel not everyone can do that, in fact, very difficult to find people who can do that. for normal people, it is totally impossible

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December 05, 2016, 03:59:24 PM
 #2143

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.
You are right. There are many professional players out there who can live with gambling. Their income mostly depends on gambling and they consider gambling as a type of job. They have own skill and strategies which help them to win constantly. However, I do not think that they can get rich instantly because they do not depend on their luck and most of their strategies are very safe. They can only earn a stable income day by day

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December 05, 2016, 06:27:47 PM
 #2144

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.


That may be true. However we are not basing this on whether you'll win several times in a row, we are looking at if you can gain profit in the long run.

If you've ever played casino games you'll know that you don't only win your initial bet back, you usually win at least 2-5x the amount. So, we do not have to win several bets in a row to stay in the profitzone. You see?

That is why it is not a fact that you WILL lose in the long run, because it is random. The game does not have a memory, each beat you make is made on a fresh string without attachment to the previous bet.

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December 05, 2016, 07:29:55 PM
 #2145

I think gambling is not a profitable in long term and even in a short term. Because gambling is not good to become a habbit of some people they know that no one can get profit in gambling. Much better dont gambling to avoid greediness and addiction.
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December 05, 2016, 08:19:48 PM
 #2146

I think gambling is not a profitable in long term and even in a short term. Because gambling is not good to become a habbit of some people they know that no one can get profit in gambling. Much better dont gambling to avoid greediness and addiction.
i have seen players winning more than 300 bitcoins in gambling sites and i have seen people losing more coins in the long run ,so it all depends upon how you are going to take the game and how you could control your greed.If you can do that then you will be profitable if not you wont lose more.
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December 05, 2016, 09:59:10 PM
 #2147

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.
i think to expert and skillful gambler have some advantages in gambling, as not 100% games of gambling are depending on luck, there are some games where you experience and your skill can count in gambling, like sports gambling if you have some experience in sports betting you can increase the chance of making money.
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December 05, 2016, 11:52:01 PM
 #2148

I think gambling is not a profitable in long term and even in a short term. Because gambling is not good to become a habbit of some people they know that no one can get profit in gambling. Much better dont gambling to avoid greediness and addiction.
i have seen players winning more than 300 bitcoins in gambling sites and i have seen people losing more coins in the long run ,so it all depends upon how you are going to take the game and how you could control your greed.If you can do that then you will be profitable if not you wont lose more.

It depends to to the gamblers on how they are going to gamble because just like epitome said there are some gamblers who are winning hundreds of bitcoins as they gamble and there are many that gambling is not really for them. But the most individuals who are making a lot of bitcoins with gambling in the long run are the owners or operators of gambling sites.

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December 06, 2016, 12:35:29 AM
 #2149

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

This is just the gamblers fallacy. You can make that much but lose more everyday xP There is no way to have gambling as a career or to live off. If you could it would be very nerve wrecking for you since you dont know what amount you will make that day and how much you need for the month. Losing it all will bring sadness.

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December 06, 2016, 01:12:56 AM
 #2150

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.
I disagree a little bit with this, since not many people are earning money through gambling precisely because it's very hard and only a few games can be beaten by skill games like poker and all their variations.
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December 13, 2016, 09:06:37 AM
 #2151

In a long run it will always depends on how you play and what you are playing.It is so hard to maintain your bankroll even you win already because you will keep on playing and that's risking all of your money but at the same time, Yes it can be profitable too if you know how to play well and if luck hits you good.
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December 13, 2016, 03:19:23 PM
 #2152

In a long run it will always depends on how you play and what you are playing.It is so hard to maintain your bankroll even you win already because you will keep on playing and that's risking all of your money but at the same time, Yes it can be profitable too if you know how to play well and if luck hits you good.
I agree, it really depends on how you manage your money in gambling.. controlling yourself is really important and it also depends on a game you play and I think that sports betting is profitable because the chances of winning is high even if the amount of win is not too high but in the long term it's a good profit for you just as long as you know how to read stats and really familiar with the sports.

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Luke2939
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December 13, 2016, 03:45:11 PM
 #2153

It depends on your luck. If you are lucky enough to hit a jack pot or something. Then you can be profitable. Else you don't.

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December 13, 2016, 03:47:23 PM
 #2154

It depends on your luck. If you are lucky enough to hit a jack pot or something. Then you can be profitable. Else you don't.
I agree up to a point but it also can be profitable if you consistently make profit,it doesn't need to be big but it has to be on the regular.This way you can generate nice profit over time and then continue to do the same.Of course hitting a big win will make things a lot easier but you can be in profit even if you don't win that big,just your win ratio has to be better overall.

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December 15, 2016, 04:56:52 AM
 #2155

It depends on your luck. If you are lucky enough to hit a jack pot or something. Then you can be profitable. Else you don't.
Referring to a long term profitability, I guess it can never be profitable in the long if you rely on luck alone. Without skills it's not possible as the key to win in the long run is to be consistent on winning and you called that consistency, without effort and the right bankroll, we cannot win in the long run.

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December 15, 2016, 05:07:53 AM
 #2156

yes its possible , if we control our feeling and if we have good strategy , we will win .
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December 15, 2016, 05:49:39 AM
 #2157

yes its possible , if we control our feeling and if we have good strategy , we will win .
Our weak of control our emotion is definitely what cause us to lose, with a good bankroll and the ability to select winning bets is not enough if we do not have discipline to control ourselves in gambling. It should be the kind of package that we must employ when gambling to have at least a clearer chance of winning.

 
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December 15, 2016, 05:59:49 AM
 #2158

yes its possible , if we control our feeling and if we have good strategy , we will win .

No, it is not possible, even you will have good strategy and control your feeling, gambling will not profitable in the long term.

Unless you are getting your source of income with gambling as a gambling site operator or worker, but for being a gambler.

I don't see a way that it can be a good way to be profitable for a longer time.

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December 15, 2016, 06:00:30 AM
 #2159

yes its possible , if we control our feeling and if we have good strategy , we will win .

it is not always your emotions that lead to your loss, in some cases people lose their control and obviously end up making bad decisions and lose money. but generally when you gamble specially against the house you MUST lose otherwise the house is losing and the house can not lose otherwise they go bankrupt.

that is why people mostly say gambling is not profitable in long run because in long run the statistics become more real and things like house edge show themselves more clearly and show players disadvantage.

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December 23, 2016, 04:09:31 PM
 #2160

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
everything is posible , i think this is possible 
gamble is game if you playing you get money
if you play every day may be you can get money everyday
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