Can gambling be profitable in long term ?

[mace15]

For me when I played into gambling since Last Year short term is most profitable. I experience if long term I got always lose of bitcoin, if played in short term I can experience of winning. Anyway in gambling it is luck and skills to in always winning.

[Klausi]

With gambling everything is clear. It is pure mathematics. If you play only to win like in any lottery it is everything about luck. If you play like in poker or sports bettings is much more about your experience and skills. Nothin more to say..

It is not like that. Gambling in either game will just have the same result, it's either you win or lose. But for me gambling is more of luck most of the time we do need in gambling. No matter how much experience we do have in gambling we are still going to lose and luck is the rrason why most of the time we win. This skills are only comes at handy when we are hesitating on what to do.

I see that the statements discussing here is all about money to profitable and I don't see any advantages which linked to it as profit, because time is the most concern here as well as money. You are playing at the same time and you also loss an amount of money, and even if you win at once it will not guarantee that you exactly win. All I can say is you only recover your losses which you previously invested struggling more time to win, which you consumed a lot of time and I think you wasted.

[marlboroza]

The only way gambling will be profitable in long term is when you lose continuously in a long period of time and then won all of those losses at the last part. Most of the time, the whole gain and loss thing is fluctuating and the only way it ends is when you finally lost all of your money. In the long run, everyone's losing because we only stop when there's nothing left to gamble.

The lesson is to have a pre-bet calculated plan. Where you only do certain amount of bets in a session and stop on designated target whether you lose or win. There is no emotion involve - only follow your pre-planned bets.

What is pre-bet plan?
Stopping on target won't make you win in long run, also emotions won't help either to win in long run. You can control emotions and you can be cold as ice and it still won't change the fact that most of players will lose.
Or do you think this plan is working and everyone is winning and all gambling sites will close their doors? I don't think so.

[bhadz]

For me when I played into gambling since Last Year short term is most profitable. I experience if long term I got always lose of bitcoin, if played in short term I can experience of winning. Anyway in gambling it is luck and skills to in always winning.

In gambling you shouldn't make it a long term basis as you will mostly lose for doing this type of range. Trading is better when it comes to long term plans as there are coins that are pumping unexpectedly. If you are an investor to a casino bankroll and you will just let it stay there for long term it's also one way.

[Hhampuz]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

[Betwrong]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

Yes, of course this would be very interesting to see.

As far as I understand you are mostly winning during the past 60 days, and although I wish you good luck and all, I don't think we can call it a "long term".

A friend of mine was winning from $20k to $50k per year in poker in the course of several years but then he started losing from $20k to $30k per year according to him, and now he is undergoing treatment for gambling addiction.

I think only several years later we can say whether it was profitable or not.

[shulio]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

Yes, of course this would be very interesting to see.

As far as I understand you are mostly winning during the past 60 days, and although I wish you good luck and all, I don't think we can call it a "long term".

A friend of mine was winning from $20k to $50k per year in poker in the course of several years but then he started losing from $20k to $30k per year according to him, and now he is undergoing treatment for gambling addiction.

I think only several years later we can say whether it was profitable or not.

Some people will win because if everyone lose then no one want to play again. I dont think that I am the person that will win someday even if I keep on playing that is why I only choose to play for fun right now because of that. I only lose a small amount everytime I play like this and I hope that I wont get addicted more than this

[TheUltraElite]

For me when I played into gambling since Last Year short term is most profitable. I experience if long term I got always lose of bitcoin, if played in short term I can experience of winning. Anyway in gambling it is luck and skills to in always winning.

In gambling you shouldn't make it a long term basis as you will mostly lose for doing this type of range. Trading is better when it comes to long term plans as there are coins that are pumping unexpectedly. If you are an investor to a casino bankroll and you will just let it stay there for long term it's also one way.

Investing in the casino bankroll is a long term method to earn some cash but the outcomes are very low compared to daily trading which can be much better. Trading is better than gambling - at least you can get an edge over the market if your targets are right. But in gambling no strategy works and every EV- game means a failed strategy.

[yrreg ger]

I don’t think that gambling can be profitable in long term. We all know that gambling games are purely based on luck, examples are dice games and lottery games. There are gambling games like poker and other betting games that are based how deep you know the game is, methods and experiences. Understanding this games gives a better chance of winning in these games compared to lottery games.

Since winning in gambling is very seldom, I really disagree that somehow it will be profitable. The chances of losing in the game are greater than the chances of winning. How can it be profitable if your winnings just act of like getting what you have loose before?

[erwin45hacked]

I don’t think that gambling can be profitable in long term. We all know that gambling games are purely based on luck, examples are dice games and lottery games. There are gambling games like poker and other betting games that are based how deep you know the game is, methods and experiences. Understanding this games gives a better chance of winning in these games compared to lottery games.

Since winning in gambling is very seldom, I really disagree that somehow it will be profitable. The chances of losing in the game are greater than the chances of winning. How can it be profitable if your winnings just act of like getting what you have loose before?

It is not unless it is EV+ and you wont be able to get those kind of game everytime. In the conclusion, there wont be any chance for us to win in the long run unless you are lucky so remember this when you play and there isnt any use of trying to delay things up. Some people love to bet longer but in fact it only reduces the chances to win

[Babyrica0226]

Gambling can't be profitable in the long term... It can only be profitable in the short term due to the house edge.

Indeed true and correct, It cannot be profitable at all ever. And even in a short term I also not agreed because even
You win in the games it is only because of their luck.

[Xenrise]

Yes it can. But take note. It is gambling, you will lose and sometimes you can win. The real question in this thread is that can gambling can last for a long time. Because in most cases gambling is profitable. But it depends on your ability in gambling, knowing strategies and such. So gambling really is profitable if you're good at it but if you suck at it then it'll not be profitable for you so stop gambling if you will just lose in gambling. Having discipline is a MUST.

[Ziskinberg]

Yes it can. But take note. It is gambling, you will lose and sometimes you can win. The real question in this thread is that can gambling can last for a long time. Because in most cases gambling is profitable. But it depends on your ability in gambling, knowing strategies and such. So gambling really is profitable if you're good at it but if you suck at it then it'll not be profitable for you so stop gambling if you will just lose in gambling. Having discipline is a MUST.

For most of us it is not profitable but it is not impossible to be successful in gambling, there are smart gamblers who were able to achieve this.
If you are not smart enough then it is is expected that you will belong to the majority of losers, I myself is a loser when it comes to profitability but I had that accepted already and I am now more focus on the fun it could bring to me than the profit which is impossible for me.

[Caladonian]

Yes it can. But take note. It is gambling, you will lose and sometimes you can win. The real question in this thread is that can gambling can last for a long time. Because in most cases gambling is profitable. But it depends on your ability in gambling, knowing strategies and such. So gambling really is profitable if you're good at it but if you suck at it then it'll not be profitable for you so stop gambling if you will just lose in gambling. Having discipline is a MUST.

For most of us it is not profitable but it is not impossible to be successful in gambling, there are smart gamblers who were able to achieve this.
If you are not smart enough then it is is expected that you will belong to the majority of losers, I myself is a loser when it comes to profitability but I had that accepted already and I am now more focus on the fun it could bring to me than the profit which is impossible for me.

well said its how you classified yourself as many belongs to losing players but there's some smart ones who able to achieve after doing some deep study and make their own research on how to take advantage some finds goods information and strategies in order to have some earnings just do it with precautions and self control might find yourself in the winning status too.

[serjent05]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

I guess the stress come from the wanting to win.  When we fail to predict the right outcome, it will become frustration or when we fail in our strategy to win the game.  Though I believe gambling is profitable to those who knows the in and out of gambling rules .  Though I think being the owner of a gambling casino can give you more chance of winning or get profit in long term.

[ASHLIUSZ]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

I guess the stress come from the wanting to win.  When we fail to predict the right outcome, it will become frustration or when we fail in our strategy to win the game.  Though I believe gambling is profitable to those who knows the in and out of gambling rules .  Though I think being the owner of a gambling casino can give you more chance of winning or get profit in long term.

Being an owner of a casino or a gambling website surely profits, if it has got a good development team as well has a funding team to popularize and the perfect calculation in odds to have a house edge will surely profit in the long run. Same time there are gambling websites that were much popular in the beginning and went bankrupt in a short. So gambling and owning gambling websites is profitable in the long run, if the person is good to learn from mistakes.

[8Habits]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

I guess the stress come from the wanting to win.  When we fail to predict the right outcome, it will become frustration or when we fail in our strategy to win the game.  Though I believe gambling is profitable to those who knows the in and out of gambling rules .  Though I think being the owner of a gambling casino can give you more chance of winning or get profit in long term.

Being an owner of a casino or a gambling website surely profits, if it has got a good development team as well has a funding team to popularize and the perfect calculation in odds to have a house edge will surely profit in the long run. Same time there are gambling websites that were much popular in the beginning and went bankrupt in a short. So gambling and owning gambling websites is profitable in the long run, if the person is good to learn from mistakes.

owning an online casino is much profitable in the long run than just being an ordinary gambler. online casino make a profit through the loses of the gamblers - there has to be a winner and a loser between the 2 but, the casino owners have their special weapon to secure profit at the end of the day and that weapon is what we called house edge advantage.

[abel1337]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

I guess the stress come from the wanting to win.  When we fail to predict the right outcome, it will become frustration or when we fail in our strategy to win the game.  Though I believe gambling is profitable to those who knows the in and out of gambling rules .  Though I think being the owner of a gambling casino can give you more chance of winning or get profit in long term.

Being an owner of a casino or a gambling website surely profits, if it has got a good development team as well has a funding team to popularize and the perfect calculation in odds to have a house edge will surely profit in the long run. Same time there are gambling websites that were much popular in the beginning and went bankrupt in a short. So gambling and owning gambling websites is profitable in the long run, if the person is good to learn from mistakes.

owning an online casino is much profitable in the long run than just being an ordinary gambler. online casino make a profit through the loses of the gamblers - there has to be a winner and a loser between the 2 but, the casino owners have their special weapon to secure profit at the end of the day and that weapon is what we called house edge advantage.

I agree to you , House edge is the way of gambling site owner to make a profit from there players. Some gambling sites offers low house edge to gain many players in their sites. Gamblers can be attracted to a low house edge % like me I am one of the gambler who is attracted to it. We can win fairly with a low houseedge.

[Jasad]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

I guess the stress come from the wanting to win.  When we fail to predict the right outcome, it will become frustration or when we fail in our strategy to win the game.  Though I believe gambling is profitable to those who knows the in and out of gambling rules .  Though I think being the owner of a gambling casino can give you more chance of winning or get profit in long term.

Being an owner of a casino or a gambling website surely profits, if it has got a good development team as well has a funding team to popularize and the perfect calculation in odds to have a house edge will surely profit in the long run. Same time there are gambling websites that were much popular in the beginning and went bankrupt in a short. So gambling and owning gambling websites is profitable in the long run, if the person is good to learn from mistakes.

owning an online casino is much profitable in the long run than just being an ordinary gambler. online casino make a profit through the loses of the gamblers - there has to be a winner and a loser between the 2 but, the casino owners have their special weapon to secure profit at the end of the day and that weapon is what we called house edge advantage.

That's the way to play in the gambling world. We use logic, if casino owners do not get a profit in the long run, they can go bankrupt, and if they go broke, how can we gamble in the casino again? So we also should be grateful also with such conditions.

[Oilacris]

So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.

I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.

I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.

Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.

I guess the stress come from the wanting to win.  When we fail to predict the right outcome, it will become frustration or when we fail in our strategy to win the game.  Though I believe gambling is profitable to those who knows the in and out of gambling rules .  Though I think being the owner of a gambling casino can give you more chance of winning or get profit in long term.

Being an owner of a casino or a gambling website surely profits, if it has got a good development team as well has a funding team to popularize and the perfect calculation in odds to have a house edge will surely profit in the long run. Same time there are gambling websites that were much popular in the beginning and went bankrupt in a short. So gambling and owning gambling websites is profitable in the long run, if the person is good to learn from mistakes.

owning an online casino is much profitable in the long run than just being an ordinary gambler. online casino make a profit through the loses of the gamblers - there has to be a winner and a loser between the 2 but, the casino owners have their special weapon to secure profit at the end of the day and that weapon is what we called house edge advantage.

That's the way to play in the gambling world. We use logic, if casino owners do not get a profit in the long run, they can go bankrupt, and if they go broke, how can we gamble in the casino again? So we also should be grateful also with such conditions.

Thats really only requires common sense on which we can able to say that casinos do really make huge profits and its really a profitable one seeing on how many gambling sites in the market, there are lots of them because they saw that its making them money because of gambler who arent tired of losing thats why making money on gambling for long term is really impossible.