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Author Topic: Can gambling be profitable in long term ?  (Read 112188 times)
nethan1btc
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June 13, 2017, 12:50:30 PM
 #2761

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.

Risk is always a part in every investment not just at gambling, but I see it to be more risk at betting gambling if you always bet in an addictive ways. You cannot generate good profit by investing your money in a long term basis, but that's only profitable in a lucky winnings that's not expected by a gambler. That's what we called it a short term profit which can be experienced through unexpected situation, but you cannot always expect that to be possible all the time because in gambling there's no certain winnings and it's all probabilities.
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June 13, 2017, 01:14:04 PM
 #2762


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.

Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.
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June 13, 2017, 01:31:13 PM
 #2763

Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
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June 13, 2017, 02:48:00 PM
 #2764

Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
Bottomline is gambling is never for long term profit whether you win or not. It's never for anything long term at all. You also have to be careful about what you're saying about how gambling should be fir fun as a lot of addicted gamblers start that way.

 
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June 13, 2017, 02:51:44 PM
 #2765

Unlikely, gambling might be profitable in a session or two but over the long term gambling is a negative sum game, the house edge is always against the player and hence on long term, majority of the player's money profit is in negative if you calculate for a year or more.
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June 13, 2017, 02:55:42 PM
 #2766

Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
Bottomline is gambling is never for long term profit whether you win or not. It's never for anything long term at all. You also have to be careful about what you're saying about how gambling should be fir fun as a lot of addicted gamblers start that way.

Gambling for long term profit in other words tends to addicted gamblers. In gambling one never knows when a loss might appear. There may not be any wins at all in many unlucky cases as well. In the long term the only profitmaker is the casino owner and the investors of the casino and not the players. Otherwise the casino would not run in the first place.

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June 13, 2017, 03:00:53 PM
 #2767

Big bankroll allows this very realistically.  Just don't start downing margaritas when you are winning or all that discipline will vanish and along with it, your profit.

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June 13, 2017, 03:14:13 PM
 #2768

Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
Bottomline is gambling is never for long term profit whether you win or not. It's never for anything long term at all. You also have to be careful about what you're saying about how gambling should be fir fun as a lot of addicted gamblers start that way.

Gambling is only gambling, it is only profit able if we get fun and don't take tension when we get lose from it. Otherwise no specific way to play gambling in a profitable way and also in a long term way. Because, it is not a source of income, only those kind people think that who have no specific income and they think that may be gambling give them earning in a long way.   
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June 13, 2017, 03:24:44 PM
 #2769

Well there are people who have gotten pretty rich from gambling so I guess it could be if you "play your cards" right Cheesy
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June 13, 2017, 03:27:38 PM
 #2770

Good luck with that, because it depends on your game, not all games in the online casinos do need strategies, because most of the time luck is what we all need. For example is in the DICE games, it is completely random rolls if you know, that is why we are not hesitating to press the roll button, and either we win or lose, it is all because we're lucky or not.

Win or lose it does not matter because the most important thing for me is not to win but to have fun. I enjoy playing not because of the profit but because I am having fun playing, believe it or not but thats my motivation to play.  I admit that it is my way of playing for my addiction but atleast Im still saving my money
Bottomline is gambling is never for long term profit whether you win or not. It's never for anything long term at all. You also have to be careful about what you're saying about how gambling should be fir fun as a lot of addicted gamblers start that way.

Gambling is only gambling, it is only profit able if we get fun and don't take tension when we get lose from it. Otherwise no specific way to play gambling in a profitable way and also in a long term way. Because, it is not a source of income, only those kind people think that who have no specific income and they think that may be gambling give them earning in a long way.   
- There is no way to help us earn a long term profit from gambling, profit will only last for a short time, in the long run profits will disappear and instead be loss. Gambling is a game of fate, we can not know what will happen next, so if we think of a long-term profit from it, that's a mistake and our mistakes will make us lose a lot of money. We only have long-term profitability unless we are lucky but we should know that luck does not follow us forever, so long-term profit from gambling is impossible.


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June 13, 2017, 03:29:00 PM
Last edit: June 13, 2017, 05:10:22 PM by lite
 #2771

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.  
Well, it depends whom with the skilled player is playing with. if he's playing with bots/online the chances of winning on the long-run is not that good, if he's playing offline with real folks/faces he'll be winning(but one should never push their luck). offline poker is fun.
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June 13, 2017, 05:38:23 PM
 #2772

gambling never be profitable in long term.also you asking can be possible to earn $50 to $100 each day.its impossible you can earn continues fixed amount on gambling.every day will be not your day and owner of casino will always win on the long run.so any rules or discipline can not make you every day win.
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June 13, 2017, 06:06:17 PM
 #2773

Unlikely, gambling might be profitable in a session or two but over the long term gambling is a negative sum game, the house edge is always against the player and hence on long term, majority of the player's money profit is in negative if you calculate for a year or more.
yes that is right , and it is like a mission impossible to manage your bankroll to make it always profitable now or then . i believe too if you do a calculation or create a book where you lost or get profit written there , the result mostly just negative as you said.

gambling can be profitable in the long run but i can say it has 1% chance for anybody to successfully make it happen.

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June 13, 2017, 06:08:25 PM
 #2774

As I observe gambling is not profitable in long term as they monitor your style and techniques on how you play the game. For me it is profitable for short term playing as Ive experience it.
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June 13, 2017, 06:56:34 PM
 #2775

On long term, I see gambling more profitable to service providers and investors in gambling websites rather than players, since mathematical variance and odds are at their side and with more bets and playing, mathematics should take the better hand and the house wins more than 50% (the edge + %50) of course it isn't necessary as a big gambler can change the whole money profit stat for a dice website.
BCTBF
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June 13, 2017, 07:19:44 PM
 #2776

It seems very difficult to expect to profit from gambling for the long term because gambling is not forever winning and not always getting a continuous profit, sometimes losing sometimes win. While winning and getting profit we may assume that gambling is reliable for the long term. However, when we experience a successive defeat, then we will assume that gambling has destroyed our balance.
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June 13, 2017, 07:42:42 PM
 #2777

For me seems cann't. Although I have tried to target 10% profit per day, a few days later ended busto. And the main mistake is ourselves that greedy. Although target has been reached, sometimes a desire to get a little more and that's when emotions begin to get out of control.
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June 13, 2017, 08:09:07 PM
 #2778

For me seems cann't. Although I have tried to target 10% profit per day, a few days later ended busto. And the main mistake is ourselves that greedy. Although target has been reached, sometimes a desire to get a little more and that's when emotions begin to get out of control.

That's true mate. When you started earning something wether if it's for gambling or other form of investment sometimes you become greedy and that's what most people do they forget where they come from and you'll out of control until you'll lose all of your money.

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voltesbit777
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June 13, 2017, 08:26:28 PM
 #2779

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
Anything is possible...so yes, it can.

But statistically...the chances, that it won't is probably much much bigger and probable.
in my side of view, it is not 100% probable that you can gain bitcoin profit in the gambling site, because most of the time
Gambling can make us loss most often in the games so in the end losses of money.
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June 13, 2017, 11:24:04 PM
 #2780

Well there are people who have gotten pretty rich from gambling so I guess it could be if you "play your cards" right Cheesy

And luck, dont forget about luck, there are people who have gotten pretty rich from gambling but not much, because luck have a biggest role in gambling. There are a lot people who "play their card" pretty good but still not rich because they aren't lucky enough to be rich from gambling.
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