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Author Topic: Can gambling be profitable in long term ?  (Read 112251 times)
arseaboy
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June 18, 2017, 09:23:40 AM
 #2861

No, because you will not always have a win every time you play gambling and that's why in gambling you will not be able to benefit in the long run. If you can not control yourself from gambling the result you will lose all your money.
Yep, gambling is not profitable in the long run because we cannot be sure that we are going to win always in the game so it is best to just control our self in gambling so we can avoid getting too much losses and addiction but if you will build your own gambling site then I can say that gambling is profitable in the long term because having your won gambling sites will attract a lot of gamblers so it means profits Cool.
The real truth was a gambling is never become profitable in the long term unless you are so lucky .Too many people play gambling and i don't even heard a news if someone becomes rich by playing and betting. 
Having your own gambling sites also doesn't sure because of site malfunction or some systems bugs .but it is the only profitable way and it is not gambling ,it is called an investment.
Yes that's the saddest truth mate. That's why casino owners are wealthy because they make gamblers turn and losing money in the long run. So that's why it is not very advisable for you to gamble if want to get rich. Unless you hit a jackpot in a lotto game.

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Betwrong
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June 18, 2017, 09:45:26 AM
 #2862

No, because you will not always have a win every time you play gambling and that's why in gambling you will not be able to benefit in the long run. If you can not control yourself from gambling the result you will lose all your money.
Yep, gambling is not profitable in the long run because we cannot be sure that we are going to win always in the game so it is best to just control our self in gambling so we can avoid getting too much losses and addiction but if you will build your own gambling site then I can say that gambling is profitable in the long term because having your won gambling sites will attract a lot of gamblers so it means profits Cool.
The real truth was a gambling is never become profitable in the long term unless you are so lucky .Too many people play gambling and i don't even heard a news if someone becomes rich by playing and betting. 
Having your own gambling sites also doesn't sure because of site malfunction or some systems bugs .but it is the only profitable way and it is not gambling ,it is called an investment.
Yes that's the saddest truth mate. That's why casino owners are wealthy because they make gamblers turn and losing money in the long run. So that's why it is not very advisable for you to gamble if want to get rich. Unless you hit a jackpot in a lotto game.

The willingness to hit a jackpot eventually is what makes some people addicted to gambling. Even if they they lose many times in a row they hope to hit the jackpot and they think the more they play the more chances they have. That's how people lose everything thinking every time they start to gamble "This time it definitely should happen!".

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Sidas_Crew669
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June 18, 2017, 10:24:12 AM
 #2863

Unlikely, because the game is not sustainable and not good at all, if you gamble few bitcents everyday then losing would equal +50% with the house edge over long term.
The house edge means even over the possible wins in short terms, in long term it would be a negative sum game.

Indeed it could have happened, because a game leave only two possibilities, namely losing or winning. If you get a victory because it's 2 things also namely strategy and also luck, everything happens in the gaming is definitely just leave or have just one cause. Where is the actual thing that will guide us to be able to get a lot of advantages (if we want to analyze). So the main thing we must have is self control, which will definitely give us a pretty good spirit
icecube45
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June 18, 2017, 11:33:53 AM
 #2864

The most reasonable answer would be no, the player, regardless of the game being dice, poker, sport betting and casino, all has some based house edge, taking a cut from the amount over long term and therefore if you aren't winning a very big number over LONG term, gambling would be a negative money sum game.
but i think it is different from person to person, there may be good luck people and they may also have good experience in gambling and therefore they may be earning money from gambling just like other investment. and may be there are some people who cannot continue their success in gambling for a long time.
Few people can earn money from gambling and become like investments, this is hard to get because gambling depends heavily on luck. I do not think this will happen to casino games, because I'm sure there's a house edge so we have to share the profits with them. The long-term profits I think can be earned on sports betting if one can really pick and analyze the match well. But I think only a few can do this, almost impossible. I think no one who can get long-term profits and earn income depends on this, because surely some time will experience defeat and loss.
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June 18, 2017, 12:42:12 PM
 #2865

Few people can earn money from gambling and become like investments, this is hard to get because gambling depends heavily on luck. I do not think this will happen to casino games, because I'm sure there's a house edge so we have to share the profits with them.


Not sharing profit with them but we are going to lose regardless of what we do. I dont think that we can win at all unless you invest there but for me gambling is just another way of having fun. People have fun with alot of things and gambling is just one of that. Im happy to say that gambling is truly fun atleast for me
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June 18, 2017, 12:46:13 PM
 #2866

Gambling is not for a long term profit.Gambling is a game its either you can win or lose.But if you're a wise player dont play your capital,play your profit and save and keep it so that you will not be a loser.But if you invest your money in a big time gambling like casino your profit is gaining but if it is just a small time gambling its not for long term.

It is, but only for those who are lucky in gambling who are always winning, but if you know that you are not like this, then better to stay away from gambling, because instead of earning money, you are just going to lose your money, going to be addicted on it and so on. The only reason why gambling is profitable for someone is because he is always winning and just winning.
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June 19, 2017, 03:19:39 AM
 #2867

Gambling is not for a long term profit.Gambling is a game its either you can win or lose.But if you're a wise player dont play your capital,play your profit and save and keep it so that you will not be a loser.But if you invest your money in a big time gambling like casino your profit is gaining but if it is just a small time gambling its not for long term.

It is, but only for those who are lucky in gambling who are always winning, but if you know that you are not like this, then better to stay away from gambling, because instead of earning money, you are just going to lose your money, going to be addicted on it and so on. The only reason why gambling is profitable for someone is because he is always winning and just winning.

Majority of gamblers will lose more than they win -  that is really the hard truth and reality because it was already calculated by the house edge advantage. We should only play for fun and entertainment with the money we can afford to lose.
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June 19, 2017, 04:33:03 AM
 #2868

Few people can earn money from gambling and become like investments, this is hard to get because gambling depends heavily on luck. I do not think this will happen to casino games, because I'm sure there's a house edge so we have to share the profits with them.


Not sharing profit with them but we are going to lose regardless of what we do. I dont think that we can win at all unless you invest there but for me gambling is just another way of having fun. People have fun with alot of things and gambling is just one of that. Im happy to say that gambling is truly fun atleast for me

Whatever it is, we will not be able to get a full profit, it is because there is a house edge. Indeed it is different if we invest in gambling sites, if we can choose a trusted site and has long standing it will be a long-term profit. But this investment has big risks and should be done with careful. Yes maybe you're right, gambling is a way to have fun because this is a game and it's probably more appropriate to do.
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June 19, 2017, 05:26:11 AM
 #2869

Gambling is not for a long term profit.Gambling is a game its either you can win or lose.But if you're a wise player dont play your capital,play your profit and save and keep it so that you will not be a loser.But if you invest your money in a big time gambling like casino your profit is gaining but if it is just a small time gambling its not for long term.

It is, but only for those who are lucky in gambling who are always winning, but if you know that you are not like this, then better to stay away from gambling, because instead of earning money, you are just going to lose your money, going to be addicted on it and so on. The only reason why gambling is profitable for someone is because he is always winning and just winning.

Majority of gamblers will lose more than they win -  that is really the hard truth and reality because it was already calculated by the house edge advantage. We should only play for fun and entertainment with the money we can afford to lose.

Correct, and yet they are still continuing what they are doing. They are not quitting gambling because they are still holding on that hope that they are going to win all back the money that they have lost on it even though they know that it would be going to a hard job since they are competing against the house. There is a lot of ways on how could they win back all of their loses, the very first step that they need to do is not to gamble anymore, and they just win if they are going to do it. The last step is to focus on the things where we are earning legit amount of bitcoin and do have smaller risk unlike in gambling.
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June 19, 2017, 10:22:29 AM
 #2870

If we just bet small amount in every game in a long run for me it can be possible be profitable, because if we bet high amount it will be a short term because if we lose high amount we cannot bet again because we lose a lot of money, unlike when betting small amount we can gamble in a long run because we can spread out our money in every game.
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June 19, 2017, 10:42:26 AM
 #2871

If we just bet small amount in every game in a long run for me it can be possible be profitable, because if we bet high amount it will be a short term because if we lose high amount we cannot bet again because we lose a lot of money, unlike when betting small amount we can gamble in a long run because we can spread out our money in every game.
Yes, the only possible way to make gambling profitable in the long run is to place small but continuous bets. Do it slowly and manage it well. We will not be able to make gambling profitable for the long term if we put in large bets, it's just for short-term instant profits.
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June 19, 2017, 11:45:08 AM
 #2872

If we just bet small amount in every game in a long run for me it can be possible be profitable, because if we bet high amount it will be a short term because if we lose high amount we cannot bet again because we lose a lot of money, unlike when betting small amount we can gamble in a long run because we can spread out our money in every game.
Yes, the only possible way to make gambling profitable in the long run is to place small but continuous bets. Do it slowly and manage it well. We will not be able to make gambling profitable for the long term if we put in large bets, it's just for short-term instant profits.
Even if you place small bets, you will still lose at the long run.
The only difference between betting small to bet big is the money that you are going to lose, the house has the same advantage over you.
If you bet slowly, you will lose your money slowly.
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June 19, 2017, 02:11:21 PM
 #2873

If we just bet small amount in every game in a long run for me it can be possible be profitable, because if we bet high amount it will be a short term because if we lose high amount we cannot bet again because we lose a lot of money, unlike when betting small amount we can gamble in a long run because we can spread out our money in every game.

Exactly, it can't only be profitable in the long term depending on how you treat it. If you treat your gambling as an investment ofcourse you'll be cautious and gamble wisely looking for potential loopholes and not bang your hopes on luck.
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June 19, 2017, 02:19:21 PM
 #2874

Even if you place small bets, you will still lose at the long run.
The only difference between betting small to bet big is the money that you are going to lose, the house has the same advantage over you.
If you bet slowly, you will lose your money slowly.


The house has the advantage over us however it doesnt mean we will always lose. Sometimes the variances might happen and we could win but it totally depends on luck. Some people win and some people lose, it is just part of the game that we have to take. The majority of people will lose in the long term of course
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June 19, 2017, 02:37:07 PM
 #2875

Even if you place small bets, you will still lose at the long run.
The only difference between betting small to bet big is the money that you are going to lose, the house has the same advantage over you.
If you bet slowly, you will lose your money slowly.


The house has the advantage over us however it doesnt mean we will always lose. Sometimes the variances might happen and we could win but it totally depends on luck. Some people win and some people lose, it is just part of the game that we have to take. The majority of people will lose in the long term of course

I agree that house edge will end the day. But we have a chance to win some money in gambling. We are not using it in right way, we become greedy, and we lose that money. So whenever you play in the long run, you must control your feelings and put one eye on your bankroll. When you feel you are moving to winning to lose stop your play, then you can make able to profit in the long run.
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June 19, 2017, 02:39:06 PM
 #2876

Gambling is not for a long term profit.Gambling is a game its either you can win or lose.But if you're a wise player dont play your capital,play your profit and save and keep it so that you will not be a loser.But if you invest your money in a big time gambling like casino your profit is gaining but if it is just a small time gambling its not for long term.

It is, but only for those who are lucky in gambling who are always winning, but if you know that you are not like this, then better to stay away from gambling, because instead of earning money, you are just going to lose your money, going to be addicted on it and so on. The only reason why gambling is profitable for someone is because he is always winning and just winning.

Majority of gamblers will lose more than they win -  that is really the hard truth and reality because it was already calculated by the house edge advantage. We should only play for fun and entertainment with the money we can afford to lose.

The reason why the casino business is a flourishing and a profitable one is this reason. People who once get into gambling cant leave it easily. If you stry to abstain then you feel that you wasted some money and you try to make it back. In the long run it only leads to loss of all your balance. That is how the business is run. Milking out the money slowly but steadily in EV- games.

 
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June 19, 2017, 02:43:34 PM
 #2877

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
I don't think so especially with 50-100 dollars a day even though you have enough luck it will not work. Casinos will not let you win that big and you should know that gamblers never became rich. For me I don't consider gambling as a profitable activity because I always ended up into lose.
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June 19, 2017, 02:50:56 PM
 #2878

Gambling can sure be profitable in the long run. Profit always accompanies the lucky people, so in the long run the one who has the willingness to learn and make new strategies will make a bigger and better profit. Hope to make a lucky day in the long run.

Gambling is not about strategy to win, in EV- games every strategy is a fail and you cant ever beat the house - because the odds are against you. In EV+ games the picture is a bit different because you skills and knowledge come into play and you might gain an edge over the other players. Though luck is always important which is why strategies always fail in EV- games.
Then people should know first wheter the game they played is EV+ or not right?
And you might could expect to get profit even in the long run.
But honestly for me personally there's no big difference no matter it is EV- or EV+ when it comes to gambling , you won't able to get profit.
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June 19, 2017, 02:55:11 PM
 #2879

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
I don't think so especially with 50-100 dollars a day even though you have enough luck it will not work. Casinos will not let you win that big and you should know that gamblers never became rich. For me I don't consider gambling as a profitable activity because I always ended up into lose.

Well, there is really no fixed earning or winnings in gambling on a regular daily basis. Even in trading where it is less riskier than gambling, one cannot guarantee of fixed regular daily income of in this example $50 - $100 a day. However, you can have more than that though if you are lucky enough but most of the time you are not when we are talking of gambling
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June 19, 2017, 03:18:45 PM
 #2880

Gambling - meh
Betting - sure, why not? If you know what you are doing.
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