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Author Topic: Can gambling be profitable in long term ?  (Read 112186 times)
Bestpromoter
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June 23, 2017, 02:43:18 PM
 #2921

well for me its a no bitcoin gambling or gambling is not profitable more losers than winners so it is impossible to get profit here in long term.
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June 23, 2017, 05:39:24 PM
 #2922

I don't understand why people try to earn money with gambling. This way is very very difficult and the chance of winning is very very lower than the chance of loss. Instead of gambling open Bittrex even you don't know any coin choose randomly a coin and invest your money to this coin. I think this way is better for making some new money.
yes that s right, gambling is in fact a very difficult job and most risky, but it look like very easy, in fact gabling require do not requires such an education or knowledge, you also do not need and experience in gambling, but still we depend on our luck here and no one can be lucky for every time. but if you do not have any experience in selecting a coin, and if you do no have any knowledge about crypto market then it is more risky than gabling, because there are so many altcoins which are scam or already dead.
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June 23, 2017, 05:46:05 PM
 #2923

I don't understand why people try to earn money with gambling. This way is very very difficult and the chance of winning is very very lower than the chance of loss. Instead of gambling open Bittrex even you don't know any coin choose randomly a coin and invest your money to this coin. I think this way is better for making some new money.
yes that s right, gambling is in fact a very difficult job and most risky, but it look like very easy, in fact gabling require do not requires such an education or knowledge, you also do not need and experience in gambling, but still we depend on our luck here and no one can be lucky for every time. but if you do not have any experience in selecting a coin, and if you do no have any knowledge about crypto market then it is more risky than gabling, because there are so many altcoins which are scam or already dead.

Well as you mentioned, the fact that you don't need any education or any skills to gamble or to win in gambling just shows how unprofitable it is.
If anyone could get money that easy then everybody would do that and won't need to work at all.
And also gambling companies will close their doors because they will run out of money.
It's not the case right?
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June 24, 2017, 03:04:54 AM
 #2924

well for me its a no bitcoin gambling or gambling is not profitable more losers than winners so it is impossible to get profit here in long term.
I agree that majority of the gamblers are losers but I do not agree that winning is impossible.
That does not mean because we are losers, others are also having the same fate, it's a game of chance, if they are good for sure
they can make money in gambling.

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June 24, 2017, 03:52:14 AM
 #2925

I have knew some people who make gambling as a source of income and usually those card games they make money out of it which i can really say somehow that gambling can be profitable for long term but it will all depend on how good you are on those games but talking about pure luck based games i can say its impossible to make money out of it for long term.

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June 24, 2017, 08:13:50 AM
 #2926

Yes i just played for 4 hours straight and i made some good profit in the end if you are going to think and always revise your strategies make sure that you are not greedy when you are loosing too much gambling is need patience and don't it to be rush gambling can really be a profitable in a long term of playing.

How about giving some proof about it? If you are only making few dollars then that is not worth the time and risk to play. In the end we are going to lose in the long term so dont even think of trying this again. You might be winning today but there is no guarantee how things will turn out the next time you play for this long

He doesn't need proof, people get lucky all the time but if he keeps going in the long term he has no chance to make a profit.
but to me i think lucky people have the chance to make profit in gambling in long run. i think in some gambling games like sports gambling people have chance to use their skill and experience and therefore if you are expert in sports gambling game then still you also have chance to get profit from gambling in long run, because most of the people are playing gambling for long time and they are still leading good life because of the income they get from gambling.

What do you mean lucky people have a chance to make profit in the long run? For people lucky enough to win in bigtime lotteries perhaps but not those who get lucky in regular casino games. Luck runs out however lucky you think you are. That's the reason why gambling is for short term entertainment and making money. It's not something that you can live your life from because anytime you can go on a losing streak. If you get lucky and you win then good for you but it's never for the long run

There is no such thing as a lucky person before the gamble takes place. You can only say in hindsight he was lucky and as you say its impossible to consistently win in the long run.
I think it's not called 'lucky' by means i say it because the player is capable of winning in a certain games but not in some other games. The player is obviously know the run of the game and how to manipulate his funds in the long run. It means he wins because he got some strategy of that certain game but if his greed will consume him he will totally lost. It's just a matter of self control and strategy plan to win the game without losing so much profit.

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June 24, 2017, 08:26:48 AM
 #2927

I have knew some people who make gambling as a source of income and usually those card games they make money out of it which i can really say somehow that gambling can be profitable for long term but it will all depend on how good you are on those games but talking about pure luck based games i can say its impossible to make money out of it for long term.

You knew some people who made gamble as their source of income but are they have good profit ? or they heavily in debt situation ? i couldn't imagine if that people made gamble as their source of income. Playing card games itself or anything we called gamble games that needed a strategy to win not recommended to play for hours because we think the best strategy to make us win against other players and our brain efficiency will reduce along we played the game.     


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June 24, 2017, 03:49:31 PM
 #2928

I have not seen people who constantly get a good profit in a game of chance, can sometimes be lucky, but not always.

It is not possible on an EV- game where the odds are against you. If that would happen then the casino would lose more money than what they earn and hence lead to bankruptcy. Hence only a handful of players that too only once or very luckily twice have won jackpots and big wins. So the amount won by the players is very small compared to the wins of the house. Thats the way the casino business works.

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June 25, 2017, 02:55:29 AM
 #2929

I have not seen people who constantly get a good profit in a game of chance, can sometimes be lucky, but not always.

It is not possible on an EV- game where the odds are against you. If that would happen then the casino would lose more money than what they earn and hence lead to bankruptcy. Hence only a handful of players that too only once or very luckily twice have won jackpots and big wins. So the amount won by the players is very small compared to the wins of the house. Thats the way the casino business works.

Casinos are designed to give fun and entertainment to its players and in return, they get compensated by the losing of players which they have already well calculated and calibrated through their house edge advantage. That is why casinos are thriving and booming because they give lots of fun and entertainment and they earn a lot also in the process.
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June 25, 2017, 10:12:38 AM
 #2930

I have knew some people who make gambling as a source of income and usually those card games they make money out of it which i can really say somehow that gambling can be profitable for long term but it will all depend on how good you are on those games but talking about pure luck based games i can say its impossible to make money out of it for long term.

You knew some people who made gamble as their source of income but are they have good profit ? or they heavily in debt situation ? i couldn't imagine if that people made gamble as their source of income. Playing card games itself or anything we called gamble games that needed a strategy to win not recommended to play for hours because we think the best strategy to make us win against other players and our brain efficiency will reduce along we played the game.     

Yeah I know some people too but I think it's not really for a long term profit. As I've seen them they have also good and bad times which means to me that gambling is not really good for profiting because you may lose a lot money and ending up chasing all your loses. That's what also see from some people I've known doing the same goal when it comes to gambling.

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June 25, 2017, 10:45:03 AM
 #2931

What does this long time profitabilityin gambling means?, It's the experience that the user gains in money management, now with this he'll be managing it in the right way nd spends the required amount. This profits the user, people at the beginning days were unaware of the same. So Profiting in long term is because of the experience, but even for that luck is necessary.
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June 25, 2017, 10:59:30 AM
 #2932

I have knew some people who make gambling as a source of income and usually those card games they make money out of it which i can really say somehow that gambling can be profitable for long term but it will all depend on how good you are on those games but talking about pure luck based games i can say its impossible to make money out of it for long term.
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No,  gambling is not a source of income it can leads into more looses so gamble does not called profitable. As a gambler it is depend how good you are in gaming. Because the more looses than winning otherwise i can see more people was bankrupt because of gambling they are not satisfied to bit a little amount in money they bit in a huge or big amount so it is not possible to earned money in gambling that can lead into profitable in a long term.
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June 25, 2017, 11:51:30 AM
 #2933

What does this long time profitabilityin gambling means?, It's the experience that the user gains in money management, now with this he'll be managing it in the right way nd spends the required amount. This profits the user, people at the beginning days were unaware of the same. So Profiting in long term is because of the experience, but even for that luck is necessary.
I'm not quite sure the experience can make you win many gambling games. Gambling is strongly influenced by luck, so for the long term I think gambling is not the right choice. For me gambling is an entertainment, not for profit.
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June 25, 2017, 12:07:56 PM
 #2934

What does this long time profitabilityin gambling means?, It's the experience that the user gains in money management, now with this he'll be managing it in the right way nd spends the required amount. This profits the user, people at the beginning days were unaware of the same. So Profiting in long term is because of the experience, but even for that luck is necessary.
I'm not quite sure the experience can make you win many gambling games. Gambling is strongly influenced by luck, so for the long term I think gambling is not the right choice. For me gambling is an entertainment, not for profit.

LOL. Experience would only make you take more educated guesses but nevertheless it all depends on your luck at the end.

Profiting from gambling is just a wet dream. An experienced gambler always know deep inside that casinos are the real winners everytime.

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June 25, 2017, 12:29:25 PM
 #2935

What does this long time profitabilityin gambling means?, It's the experience that the user gains in money management, now with this he'll be managing it in the right way nd spends the required amount. This profits the user, people at the beginning days were unaware of the same. So Profiting in long term is because of the experience, but even for that luck is necessary.
I'm not quite sure the experience can make you win many gambling games. Gambling is strongly influenced by luck, so for the long term I think gambling is not the right choice. For me gambling is an entertainment, not for profit.

LOL. Experience would only make you take more educated guesses but nevertheless it all depends on your luck at the end.

Profiting from gambling is just a wet dream. An experienced gambler always know deep inside that casinos are the real winners everytime.
No, it's not a dream if you will really find ways to make it possible, saying that it's like a dreams is like saying that winning in gambling is not possible which is not true since we have witness some who have a successful career as a gambler. Maybe we cannot do it but others will surely do, it will lead to the reality that not all we want can be achieve and we have to focus our time on where we are good so we can benefit.

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June 25, 2017, 12:56:01 PM
 #2936

What does this long time profitabilityin gambling means?, It's the experience that the user gains in money management, now with this he'll be managing it in the right way nd spends the required amount. This profits the user, people at the beginning days were unaware of the same. So Profiting in long term is because of the experience, but even for that luck is necessary.
I'm not quite sure the experience can make you win many gambling games. Gambling is strongly influenced by luck, so for the long term I think gambling is not the right choice. For me gambling is an entertainment, not for profit.

LOL. Experience would only make you take more educated guesses but nevertheless it all depends on your luck at the end.

Profiting from gambling is just a wet dream. An experienced gambler always know deep inside that casinos are the real winners everytime.
No, it's not a dream if you will really find ways to make it possible, saying that it's like a dreams is like saying that winning in gambling is not possible which is not true since we have witness some who have a successful career as a gambler. Maybe we cannot do it but others will surely do, it will lead to the reality that not all we want can be achieve and we have to focus our time on where we are good so we can benefit.

Nicely put there mate! There are really exceptional individuals who do good in the gambling industry and are well equipped with good strategies and self-discipline and made a killing in their gambling career. If you are not like them or even close to being like them, better just play for fun and be grateful with what you have right now in your income source.
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June 26, 2017, 06:21:21 AM
 #2937

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

At first, making money from gambling seems like a dream. But like in every other business, routine will take the pleasure away. You may not be disciplined enough to follow your own rules! Wouldn’t it be pity to lose money, after all that research and study? Yet, even reputable and notable sharp bettors may lose their discipline after a long losing streak.Let’s not hurry things up though. Most probably, you’re having a difficult time to break even to say the least. Winning in the long run seems too far away at the moment.
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June 26, 2017, 10:16:12 AM
 #2938

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

At first, making money from gambling seems like a dream. But like in every other business, routine will take the pleasure away. You may not be disciplined enough to follow your own rules! Wouldn’t it be pity to lose money, after all that research and study? Yet, even reputable and notable sharp bettors may lose their discipline after a long losing streak.Let’s not hurry things up though. Most probably, you’re having a difficult time to break even to say the least. Winning in the long run seems too far away at the moment.

Because of the house edge advantage of these both offline and online casino, if we still play in the long period of time in a session, we will get reckt along the way because house edge is at play already. Better play just for fun and entertainment.
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June 26, 2017, 10:54:33 AM
 #2939

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

At first, making money from gambling seems like a dream. But like in every other business, routine will take the pleasure away. You may not be disciplined enough to follow your own rules! Wouldn’t it be pity to lose money, after all that research and study? Yet, even reputable and notable sharp bettors may lose their discipline after a long losing streak.Let’s not hurry things up though. Most probably, you’re having a difficult time to break even to say the least. Winning in the long run seems too far away at the moment.

Because of the house edge advantage of these both offline and online casino, if we still play in the long period of time in a session, we will get reckt along the way because house edge is at play already. Better play just for fun and entertainment.
That will surely happen, the advantage is there and we cannot eliminate that.
Maybe some gamblers who are uneducated and has no experience will think that they can win in the long run, because of their eagerness to win they get blinded with the reality which is not good if you are looking for ways to win, you should be very transparent to the reality to determine your chances. Gambling can only be profitable in the long run if there is no house edge, you can play like poker, that is called skilled based and it's possible.

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June 26, 2017, 11:04:15 AM
 #2940

If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?

At first, making money from gambling seems like a dream. But like in every other business, routine will take the pleasure away. You may not be disciplined enough to follow your own rules! Wouldn’t it be pity to lose money, after all that research and study? Yet, even reputable and notable sharp bettors may lose their discipline after a long losing streak.Let’s not hurry things up though. Most probably, you’re having a difficult time to break even to say the least. Winning in the long run seems too far away at the moment.

Because of the house edge advantage of these both offline and online casino, if we still play in the long period of time in a session, we will get reckt along the way because house edge is at play already. Better play just for fun and entertainment.
That will surely happen, the advantage is there and we cannot eliminate that.
Maybe some gamblers who are uneducated and has no experience will think that they can win in the long run, because of their eagerness to win they get blinded with the reality which is not good if you are looking for ways to win, you should be very transparent to the reality to determine your chances. Gambling can only be profitable in the long run if there is no house edge, you can play like poker, that is called skilled based and it's possible.

You are definitely correct mate. We should always have that in mind that there is house edge advantage of every casino we are playing with. That is really the reality and you can prove it to yourself with the loses you incur during your gambling sessions.
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