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Author Topic: Can gambling be profitable in long term ?  (Read 112191 times)
TheUltraElite
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May 23, 2017, 03:02:24 PM
 #2741

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley

This you are telling due to you get greedy and bet on unsafe bets, as i am doing sports betting for more then 15 months and i have got recovered all my loss and now i am in profit. I first do full analyses of the games and teams and then i go for safe bet let the profit be less but i dont take loss

It is important to control your emotions while gambling and not get fooled by your greed, which is an inherent property in humans. It is tough to control temptations but you must understand that betting even in sports is not always safe. You need to consider your edge and luck factors. Though its easier said than done know your limits on betting and do responsible gambling.

R


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May 23, 2017, 07:02:02 PM
 #2742

It is important to control your emotions while gambling and not get fooled by your greed, which is an inherent property in humans. It is tough to control temptations but you must understand that betting even in sports is not always safe. You need to consider your edge and luck factors. Though its easier said than done know your limits on betting and do responsible gambling.

It is tough to control it however when we learn to control it then it will be easy . although we may not be controlling everything however atleast we can control it a bit. Sometimes it is better to think of it as entertainment even when you play for profit to avoid getting stress over this kind of stuff
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May 23, 2017, 08:27:33 PM
 #2743

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley

Hmm if you are saying that sports betting is not profitable in the long term then I think I have to disagree.  There is someone in the forum that apply a martingale system to sportsbetting and the result is incredible.  Having knowlege on every team and betting with a method that will enable you to regain the lost bet in a single win will surely make gambling profitable in long term.

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Noctis Connor
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May 23, 2017, 10:52:23 PM
 #2744

Sports betting can give you good profits if you can handle it smartly but there is no guarantee that it will be profitable in long term as some day you may gamble with higher amount and decision may not go in your favor in that case you will loose everything that you have earned till date.

Thats pretty stupid IMO, it doesnt matter which game that you are playing. As long as you could get profit from it then it is fine. Secondly , it is hard to get profit in EV- games therefore dont even think of it. Everything is just so based of luck therefore you dont have to worry about it. If you are meant to win then you are going to win
This is true as long as we can get profit why not to stay for long in gambling , also don't understimate the skills of people because script of gambling they always find ways to make win even a kid can win a gambling just teach them what the best they need to stays win. Agree with that luck thing gambling is all about based on luck if you don't have one feel sorry for your self to lose this day.
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May 23, 2017, 11:04:30 PM
 #2745

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.
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May 23, 2017, 11:56:16 PM
 #2746

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.
yes gambling can be profitable in long term investment as well as in short term investment, you just need to have good experience and skill of gambling, you also need to have good knowledge about bitcoin and only then you can make money from gambling.  but still you have to accept that fact that your luck can play important part in your success in gambling.
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May 24, 2017, 01:17:23 AM
 #2747

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.
jmigdlc99
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May 24, 2017, 01:44:31 AM
 #2748

Because of the "house edge" gambling will never be profitable in the long term. The odds are always against the player and based on simple statistics, you will always lose.

The longer you play, the more chances of losing.

I feel short term bets would be better. Bet big, win big.

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May 24, 2017, 01:49:44 AM
 #2749

Because of the "house edge" gambling will never be profitable in the long term. The odds are always against the player and based on simple statistics, you will always lose.

The longer you play, the more chances of losing.

I feel short term bets would be better. Bet big, win big.
casinos play with the probability and they are know well their chance to get profit is so bright ,
people just too blind to not take a look about this ,
or maybe just ignorant ,
gambling really can't be profitable.
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May 24, 2017, 02:26:38 AM
 #2750

Because of the "house edge" gambling will never be profitable in the long term. The odds are always against the player and based on simple statistics, you will always lose.

The longer you play, the more chances of losing.

I feel short term bets would be better. Bet big, win big.
casinos play with the probability and they are know well their chance to get profit is so bright ,
people just too blind to not take a look about this ,
or maybe just ignorant ,
gambling really can't be profitable.
People get blinded by their dreams to make instant money, it's true gambling sites can give us that money if we are lucky
but think of the chances, instead of being serious with it which most likely will not bring any money in the table,
why not focus your time in other things like investing and just make gambling as an entertainment.

R


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Janation
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May 24, 2017, 02:45:24 AM
 #2751

Because of the "house edge" gambling will never be profitable in the long term. The odds are always against the player and based on simple statistics, you will always lose.

The longer you play, the more chances of losing.

I feel short term bets would be better. Bet big, win big.
casinos play with the probability and they are know well their chance to get profit is so bright ,
people just too blind to not take a look about this ,
or maybe just ignorant ,
gambling really can't be profitable.
People get blinded by their dreams to make instant money, it's true gambling sites can give us that money if we are lucky
but think of the chances, instead of being serious with it which most likely will not bring any money in the table,
why not focus your time in other things like investing and just make gambling as an entertainment.

they are not blinded by their dreams, dreams, are more like the peak of what they want to do with their life, in terms of gambling, they are blinded by their greediness, not their dreams. But I agree with focussing on investing, maybe investing in projects and sites, and also gambling as a entertainment.
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May 24, 2017, 06:50:33 AM
 #2752

they are not blinded by their dreams, dreams, are more like the peak of what they want to do with their life, in terms of gambling, they are blinded by their greediness, not their tdreams. But I agree with focussing on investing, maybe investing in projects and sites, and also gambling as a entertainment.

You cant be blinded by any dreams or whatsoever. You control your own brain and your own action which means if you decided to stop then you will. Some people just wont know the different of giving up and knowing that they had enough, they keep on playing which eventually lead to lose everything in the end
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May 24, 2017, 07:56:43 AM
 #2753

they are not blinded by their dreams, dreams, are more like the peak of what they want to do with their life, in terms of gambling, they are blinded by their greediness, not their tdreams. But I agree with focussing on investing, maybe investing in projects and sites, and also gambling as a entertainment.

You cant be blinded by any dreams or whatsoever. You control your own brain and your own action which means if you decided to stop then you will. Some people just wont know the different of giving up and knowing that they had enough, they keep on playing which eventually lead to lose everything in the end
We call that stupid people, they have the eagerness but they use in a wrong way, in the first place as a gambler we have to know what we are playing and our chances so we will be able to determine if we have a chance to be profitable in the long term. Most of the games are created in favor of the house and yet most gamblers play the game, that's what I observed and I'm right because casinos are getting richer.

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May 24, 2017, 08:05:13 AM
 #2754

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.


How about skilled people that knows how to use strategy in skill based games like poker and blackjack?  Won't they win in the long run ?  In my opinion they will win and be profitable in the long run because they know how to deal with the situation and know the strategy on how to beat their opponent.  

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TheUltraElite
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So anyway, I applied as a merit source :)


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May 24, 2017, 02:24:09 PM
 #2755

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.


How about skilled people that knows how to use strategy in skill based games like poker and blackjack?  Won't they win in the long run ?  In my opinion they will win and be profitable in the long run because they know how to deal with the situation and know the strategy on how to beat their opponent.  

The luck factor is there too but thinking in that manner that EV+ games are always going to get you some or the other profit is wrong since it never is that way in a casino making profits off the games. In the long run the net profit is smaller than the initial balance. I dont know if you have been lucky in these games but its tough to gain large profits from them even for the pro players if they dont have luck.

R


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May 25, 2017, 11:52:27 PM
 #2756

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.


How about skilled people that knows how to use strategy in skill based games like poker and blackjack?  Won't they win in the long run ?  In my opinion they will win and be profitable in the long run because they know how to deal with the situation and know the strategy on how to beat their opponent.  

The luck factor is there too but thinking in that manner that EV+ games are always going to get you some or the other profit is wrong since it never is that way in a casino making profits off the games. In the long run the net profit is smaller than the initial balance. I dont know if you have been lucky in these games but its tough to gain large profits from them even for the pro players if they dont have luck.

yeah I agree. when it comes to the ingame process, luck plays a big part for almost all types of games. and you can't be talking about long term when you talk about luck. luck doesn't come constantly and you'll never know when you'll have or run out of luck. that's why gambling profits are temporary and never for longterm

 
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May 26, 2017, 08:03:19 PM
 #2757


IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley

I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.

How about skilled people that knows how to use strategy in skill based games like poker and blackjack?  Won't they win in the long run ?  In my opinion they will win and be profitable in the long run because they know how to deal with the situation and know the strategy on how to beat their opponent.  

yes you are right in some games like poker and blackjack skill is very important and those people who are well skilled so they can easily win that games and they can make more profit in long term but here OP has asked about "gambling" which means all the games involve in gambling, so i will say that the majority of games depend on luck in gambling, so if the luck of a person is good then gambling can be profitable in long term but if the luck is bad then it is not profitable.   

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June 12, 2017, 11:54:20 PM
 #2758


IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley

I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.

How about skilled people that knows how to use strategy in skill based games like poker and blackjack?  Won't they win in the long run ?  In my opinion they will win and be profitable in the long run because they know how to deal with the situation and know the strategy on how to beat their opponent.  

yes you are right in some games like poker and blackjack skill is very important and those people who are well skilled so they can easily win that games and they can make more profit in long term but here OP has asked about "gambling" which means all the games involve in gambling, so i will say that the majority of games depend on luck in gambling, so if the luck of a person is good then gambling can be profitable in long term but if the luck is bad then it is not profitable.   

Luck coupled with well-calculated betting strategies is the best way to go versus just depending on luck with your betting. Most of the big sharks does have strategies in place in their betting and they stick to it no matter what and they have more chances of winning than losing.
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June 13, 2017, 10:12:44 AM
 #2759

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.


How about skilled people that knows how to use strategy in skill based games like poker and blackjack?  Won't they win in the long run ?  In my opinion they will win and be profitable in the long run because they know how to deal with the situation and know the strategy on how to beat their opponent.  

The luck factor is there too but thinking in that manner that EV+ games are always going to get you some or the other profit is wrong since it never is that way in a casino making profits off the games. In the long run the net profit is smaller than the initial balance. I dont know if you have been lucky in these games but its tough to gain large profits from them even for the pro players if they dont have luck.

yeah I agree. when it comes to the ingame process, luck plays a big part for almost all types of games. and you can't be talking about long term when you talk about luck. luck doesn't come constantly and you'll never know when you'll have or run out of luck. that's why gambling profits are temporary and never for longterm
yes that is right long term and short term gambling play important role if you are playing for shot tern and if you are lucky for the single game you are going to play then you can make money, but if you will continue gambling after that then may be you remain lucky again for the 2nd and 3rd time but may not be for everyone and so there are more chances in long term that you lose all your winning as well as your invested money also. therefore long term gambling can be risky as compare to short term gambling.

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June 13, 2017, 12:43:55 PM
 #2760

IN SPORTBETTING LONG TERM THERE IS NO LUCK  Smiley
I think you are wrong as if the player/gambler is lucky then he will earn no matter if he is in long term or in short term while if the gambler is not lucky then he will lose no matter if he is gambling for long term or short term. It all depend on luck.

Correct, though the risks that we are trying to avoid here is still there since it would be impossible to avoid because we are talking about gambling. In my opinion, gambling could be a profitable in long term, yes, but like what you have said, only those lucky in the gambling world are the ones who could make profits on gambling in the long run.


How about skilled people that knows how to use strategy in skill based games like poker and blackjack?  Won't they win in the long run ?  In my opinion they will win and be profitable in the long run because they know how to deal with the situation and know the strategy on how to beat their opponent. 

The luck factor is there too but thinking in that manner that EV+ games are always going to get you some or the other profit is wrong since it never is that way in a casino making profits off the games. In the long run the net profit is smaller than the initial balance. I dont know if you have been lucky in these games but its tough to gain large profits from them even for the pro players if they dont have luck.

yeah I agree. when it comes to the ingame process, luck plays a big part for almost all types of games. and you can't be talking about long term when you talk about luck. luck doesn't come constantly and you'll never know when you'll have or run out of luck. that's why gambling profits are temporary and never for longterm
yes that is right long term and short term gambling play important role if you are playing for shot tern and if you are lucky for the single game you are going to play then you can make money, but if you will continue gambling after that then may be you remain lucky again for the 2nd and 3rd time but may not be for everyone and so there are more chances in long term that you lose all your winning as well as your invested money also. therefore long term gambling can be risky as compare to short term gambling.
Long term max to max 3 wins or 4 wins in a row after that supposes if you win means you think it's your good luck. And when you meet first loss after winning back to back game there you stop your play then only you can able to save your winning amount or else what mate said like that happen you will lose your money in long run. This does not work for everyone out of 1000 people one lucky people will win money long term.
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