Can gambling be profitable in long term ?

[CarlesPuyol]

I don't think playing every day in casinos would be ideal because it would just eat your money up no matter how lucky you are in their games. If you play in intervals, probably you could have a chance to win that kind of money. It depends if you have a lot of money in the bank to play in gambling, it would be easy. For example, having 1 Bitcoin is enough then playing at a 1.1x where the chance of winning is 90%. You would have already 1.1 already, and that's a lot in my opinion.

Its true, but also in interval play you can lose all your money in one bet. It happened to me.

[BillCoin]

I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

I agree with you.
Gambling should not be considered as a way of earning as it is truly based on luck.
Anyway as for the topic, gambling can not be profitable in the long term, the gamble houses were opened to make money of people, they will always make sure that they have a true advantage  over their players, which will actually prevent you from winning anything from gambling.

[TheUltraElite]

I'm not sure about that. Maybe gambling can give profit but few days only. For long time seems difficult to happen. Winning isn't always in our hands.

  i think it depend on people for those people who have a lot of experience in gambling and much lucky and always win in gambling then gambling can be profitable for them in long term but generally gambling is always profitable in short term because it depend more on luck and luck does not always favor a person and of course winning is not in our hands.

Indeed, gambling is for a profitable in a long term because we know it requires a luck and luck is doesn't always in our side. Gambling can only profitable on short term however you can't assure that you will win because there is a low chance of winnnings on it.

I think you mean to say that gambling is not profitable in the long term - indeed I agree with you and I would also add that gambling is not profitable in the short term as well. Gambling is not meant to be a mode of earning and making profit from. It is a mode of entertainment. When it becomes an addiction then its tough for one to get over it and it leads to big losses.

Yes I agree gambling is never a profitable activity you can just make money in it like one in a blue moon. The rest the gamblers lose most of the time and the ultimate benefit of it goes to the casino owners. There will be hardly one out fifty people who will win the game otherwise not possibly anytime one can win the gambling. Nor is it profitable.

There are so many other factors which are effect your result. For example patient, your skill and experience, your analysis your investment and the most important is your luck. I think these factors are important for your luck, as there are some people who can fulfill and these requirements and are really making good profit form gambling on regular basis.

I thinks those factors are very minor in place of which luck plays a major role. You can have skills and you can gain a huge experience but if you are not lucky you cant win the gamble. Gambling is about luck and it the only thing we cannot predict and then we cry about it so much.Why bother about letting your luck earn money for you while your skills went to a waste? Rather use your time and skills for some other work that will let you earn money.

[crwth]

I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

I agree with you.
Gambling should not be considered as a way of earning as it is truly based on luck.
Anyway as for the topic, gambling can not be profitable in the long term, the gamble houses were opened to make money of people, they will always make sure that they have a true advantage  over their players, which will actually prevent you from winning anything from gambling.

That should be the normal thing and the first thing you should do if you ever gamble. It's not always and be going to make you money because you would never know what can happen in the future. Better take control over yourself and start saving.

[vasrasus]

I'm not sure about that. Maybe gambling can give profit but few days only. For long time seems difficult to happen. Winning isn't always in our hands.

  i think it depend on people for those people who have a lot of experience in gambling and much lucky and always win in gambling then gambling can be profitable for them in long term but generally gambling is always profitable in short term because it depend more on luck and luck does not always favor a person and of course winning is not in our hands.

Indeed, gambling is for a profitable in a long term because we know it requires a luck and luck is doesn't always in our side. Gambling can only profitable on short term however you can't assure that you will win because there is a low chance of winnnings on it.

I think you mean to say that gambling is not profitable in the long term - indeed I agree with you and I would also add that gambling is not profitable in the short term as well. Gambling is not meant to be a mode of earning and making profit from. It is a mode of entertainment. When it becomes an addiction then its tough for one to get over it and it leads to big losses.

Yes I agree gambling is never a profitable activity you can just make money in it like one in a blue moon. The rest the gamblers lose most of the time and the ultimate benefit of it goes to the casino owners. There will be hardly one out fifty people who will win the game otherwise not possibly anytime one can win the gambling. Nor is it profitable.

There are so many other factors which are effect your result. For example patient, your skill and experience, your analysis your investment and the most important is your luck. I think these factors are important for your luck, as there are some people who can fulfill and these requirements and are really making good profit form gambling on regular basis.

I thinks those factors are very minor in place of which luck plays a major role. You can have skills and you can gain a huge experience but if you are not lucky you cant win the gamble. Gambling is about luck and it the only thing we cannot predict and then we cry about it so much.Why bother about letting your luck earn money for you while your skills went to a waste? Rather use your time and skills for some other work that will let you earn money.

This thing must be realized this way,they need to understand that its not a proper way to earn since there is no assurance and just a waste of time.

[gabmen]

I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

I agree with you.
Gambling should not be considered as a way of earning as it is truly based on luck.
Anyway as for the topic, gambling can not be profitable in the long term, the gamble houses were opened to make money of people, they will always make sure that they have a true advantage  over their players, which will actually prevent you from winning anything from gambling.

That should be the normal thing and the first thing you should do if you ever gamble. It's not always and be going to make you money because you would never know what can happen in the future. Better take control over yourself and start saving.

well as what most of here would say, it's a bad idea to think that gambling is a good investment for your hard earned money. to think of lucky people who won lotteries as an example is foolishness. if you really want to enter your money in the gambling industry, invest in casino sites. that way you are still within your well loved hobby while the profits are much more certain.

[mothergodness]

Gambling in general can not be regarded as a source of income, because they are based only on luck and an intelligent person will not invest all their money in them.

[erwin45hacked]

I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

There is nothing that can be guaranteed, even when it comes to gambling site investment in the long term. Everything has its own risk although that investment may only have smaller risk compared to gamble . Risk is part of the reward and you wont get any reward if you are not risking anything at all

[hatshepsut93]

The best way to turn gambling into profitable activity is to play skill-based games (like poker) against real people. First, you will be able to increase your chances by playing well against weaker opponents, and second - you can read their faces to get more information. Together it will give you an edge over your opponents and will turn your Expected Value positive, which means that you will have chances to be profitable over the long run. You can also try betting on yourself while playing some online games like CS:GO or DOTA 2, there are services that allow players to challenge each other for money.

[boby-1]

hard to give up gambling... unless you completely broke

[mrjoy15]

I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

There is nothing that can be guaranteed, even when it comes to gambling site investment in the long term. Everything has its own risk although that investment may only have smaller risk compared to gamble . Risk is part of the reward and you wont get any reward if you are not risking anything at all

I also think same. Evert moneymaking opportunities like its guaranteed we need to deal the risk. As all investments involve risks, but understanding your risk capacity can help you make more strategic investing and will be given a reward near future.

[youdacapt]

I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

There is nothing that can be guaranteed, even when it comes to gambling site investment in the long term. Everything has its own risk although that investment may only have smaller risk compared to gamble . Risk is part of the reward and you wont get any reward if you are not risking anything at all

I also think same. Evert moneymaking opportunities like its guaranteed we need to deal the risk. As all investments involve risks, but understanding your risk capacity can help you make more strategic investing and will be given a reward near future.

Your mindset is not too strong to face the challenges in gambling, it takes a strong ambition to escape all the stupidity about defeat or gambler will become a loser forever. If you want a long term profit then don't ever think to get rich first, start to play with a small bet regardless of the amount but if you win then stop and continue the same little pattern every day. This mindset is the same as faucet claims, it only takes patience in face of risk, automatic results will continue to increase continuously.

[taxmanmt5]

I prefer an investment in an insurance or some form of making money rather than putting my money on dumb luck and gamble with it. Gambling is supposed to be for the thrill of it and entertainment and not for making money. Especially making money online. You can always lose all your hard earned money if you gamble everything.

There is nothing that can be guaranteed, even when it comes to gambling site investment in the long term. Everything has its own risk although that investment may only have smaller risk compared to gamble . Risk is part of the reward and you wont get any reward if you are not risking anything at all

I also think same. Evert moneymaking opportunities like its guaranteed we need to deal the risk. As all investments involve risks, but understanding your risk capacity can help you make more strategic investing and will be given a reward near future.

Not every investment is risky. If you search and do your full study on an investment site, you can find it yourself if it is legal or just a scam. People do not do any research and there only motive is to earn quick and they fall for the trap. Most real paying investment sites wont give you more than 1% daily and those give 10 - 20% are just scams.
Regarding the OP question Gambling with proper planing is not a loss at all and can still be profitable.

[Ryan Dugan]

Mathematically longterm gambling can't be profitable but with possibility it can be done since its about luck.
It will eventually run out and you will lose but yes it is possible but dont count on it. Its like running across the highway. Yes you can get to the other side but you may die or have another person who hits you crash. Same with gambling.

[tabas]

Gambling in general can not be regarded as a source of income, because they are based only on luck and an intelligent person will not invest all their money in them.

It can be a source of income if you will say in general. We can't just play and gamble out with gambling sites. They have an option for investors and that will be a good way to earn better or stay away from the high risk that we will be taking as we gamble. And if you want to try it out, you may try to click out my signature , it offers investment.

[erwin45hacked]

Mathematically longterm gambling can't be profitable but with possibility it can be done since its about luck.
It will eventually run out and you will lose but yes it is possible but dont count on it. Its like running across the highway. Yes you can get to the other side but you may die or have another person who hits you crash. Same with gambling.

With some possibility? there are no such thing that exist. In fact you could do everything with luck. In the long term there will be nothing left for you instead of despair. If you could win in the short term then why would you wait for long term instead? It is silly and in fact if you are meant to win then you will win for sure

[Cherylstar86]

I'm not sure about that. Maybe gambling can give profit but few days only. For long time seems difficult to happen. Winning isn't always in our hands.

 i think it depend on people for those people who have a lot of experience in gambling and much lucky and always win in gambling then gambling can be profitable for them in long term but generally gambling is always profitable in short term because it depend more on luck and luck does not always favor a person and of course winning is not in our hands.

Indeed, gambling is for a profitable in a long term because we know it requires a luck and luck is doesn't always in our side. Gambling can only profitable on short term however you can't assure that you will win because there is a low chance of winnnings on it.

I think you mean to say that gambling is not profitable in the long term - indeed I agree with you and I would also add that gambling is not profitable in the short term as well. Gambling is not meant to be a mode of earning and making profit from. It is a mode of entertainment. When it becomes an addiction then its tough for one to get over it and it leads to big losses.

Yes I agree gambling is never a profitable activity you can just make money in it like one in a blue moon. The rest the gamblers lose most of the time and the ultimate benefit of it goes to the casino owners. There will be hardly one out fifty people who will win the game otherwise not possibly anytime one can win the gambling. Nor is it profitable.

There are so many other factors which are effect your result. For example patient, your skill and experience, your analysis your investment and the most important is your luck. I think these factors are important for your luck, as there are some people who can fulfill and these requirements and are really making good profit form gambling on regular basis.

I thinks those factors are very minor in place of which luck plays a major role. You can have skills and you can gain a huge experience but if you are not lucky you cant win the gamble. Gambling is about luck and it the only thing we cannot predict and then we cry about it so much.Why bother about letting your luck earn money for you while your skills went to a waste? Rather use your time and skills for some other work that will let you earn money.

This thing must be realized this way,they need to understand that its not a proper way to earn since there is no assurance and just a waste of time.

Yes that's absolutely a clear thing about gambling it could not be profitable in a long term. You will end up to a certain situation that gambling will become more addictive and if you will loss more rather that you win. It can be profitable in a short term by means of lucky winning and if you're skilled enough with the game you play, well it can be but still it won't stay long behind good winnings; will just not continue to be good all the time.

[TheUltraElite]

hard to give up gambling... unless you completely broke

To hell with being broke even broke people are becoming antisocial and gambling more and more. Gambling has taken over their minds and its killing them from inside even then they are so addicted that they cant stop themselves from robbing other people and killing others just for money.

Of course they end up in jail. But then you will find them gambling in jail as well.

[erwin45hacked]

To hell with being broke even broke people are becoming antisocial and gambling more and more. Gambling has taken over their minds and its killing them from inside even then they are so addicted that they cant stop themselves from robbing other people and killing others just for money.

Of course they end up in jail. But then you will find them gambling in jail as well.

Not alot of addicted gamblers actually ended up stealing or robbing other people's possesion. In fact most finally realized their mistake and move back to their way of living. Things are not really as what it seems however when someone lose everything in gambling, it is highly likely that he will stop gambling forever

[terrific]

Gambling in general can not be regarded as a source of income, because they are based only on luck and an intelligent person will not invest all their money in them.

I can see a big potential profit in gambling and you can make it as a source of income. And I disagree with what you have said about intelligent people will not invest all of there money, ok let's say they will not invest all of their money. But they are going to keep on investing to gambling sites if they see it profitable.