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Author Topic: Can gambling be profitable in long term ?  (Read 112243 times)
jamyr
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July 12, 2017, 03:51:24 AM
 #3121

Gambling can never be profitable in long term as if you continue to gamble with your winnings then in the end only house will win and you will be left with nothing in your hands so its good to stop when you win and take away all your profits and invest that money in some productive projects which can yield some profits for you.

Depends on which way you're gambling.
Dice and Slot or any Luck-based game may not be profitable longterm.

But there are also skill-based gambling like Poker wherein longterm profitability is possible.

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July 12, 2017, 04:33:25 AM
 #3122

Depends on luck I think, if luck always accompanies in every time we gamble, in a long term too will not loss and will continue to generate profits. If we often experience defeat i think to play long term will not generate profits and will be very harmful. Luck and skills are very influential on the profits in gambling not about time only on it.
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July 12, 2017, 04:44:38 AM
 #3123

Depends on luck I think, if luck always accompanies in every time we gamble, in a long term too will not loss and will continue to generate profits. If we often experience defeat i think to play long term will not generate profits and will be very harmful. Luck and skills are very influential on the profits in gambling not about time only on it.

But its not possible to keep on making profits in each and every game and most of the times only house will win so I don't that either in short term or in long term gambling can ever be profitable and it will only take away your money.
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July 12, 2017, 06:00:06 AM
 #3124

Depends on luck I think, if luck always accompanies in every time we gamble, in a long term too will not loss and will continue to generate profits. If we often experience defeat i think to play long term will not generate profits and will be very harmful. Luck and skills are very influential on the profits in gambling not about time only on it.

But its not possible to keep on making profits in each and every game and most of the times only house will win so I don't that either in short term or in long term gambling can ever be profitable and it will only take away your money.
It is but you can be profitable in the long run if you are playing games that are skilled based, it's been proven already because there are people were already rich as poker player and sports bettors. Now, the question is how would you do that if you want to follow their path, it is now up to you on how you strategies in order to win because as a gambler we are in control as our decision always matter.

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July 12, 2017, 08:11:47 AM
 #3125

Depends on luck I think, if luck always accompanies in every time we gamble, in a long term too will not loss and will continue to generate profits. If we often experience defeat i think to play long term will not generate profits and will be very harmful. Luck and skills are very influential on the profits in gambling not about time only on it.

But its not possible to keep on making profits in each and every game and most of the times only house will win so I don't that either in short term or in long term gambling can ever be profitable and it will only take away your money.

Yes that is true and if one thinks they can win every other bet then they are just being stupid - if that was the case the casino would go bankrupt and they would not be able to run the business. In most EV- games people often blindly make risky bets without thinking what the outcome in the long run is. In the long term there is not profit is gambling if the odds are against you.

 
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July 12, 2017, 08:23:52 AM
 #3126

I think it is not about the time you spend on gambling can make you profitable.i believe that it is in youre self determine..if you are lucky in it so be it.but if you have a bad luck b.then you can stop it.everything is under the term of youre distiny in doing gambling.

You don't have to be determined in gambling, it's will just disappoint you when you are trying your best but in the end you will lose because you are unlucky. It's only profitable in the long term if you have affiliates and signed under your referral and keeps on gambling. If they win, you are included with percentage.

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July 12, 2017, 08:25:22 AM
 #3127

no gambling can be profitable in the long run, trust me, i have been there, u win big now, you will lose bigger latter
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July 12, 2017, 08:40:03 AM
 #3128

I think if you say that it's profitable in the long term, your money can grow in the long run without you doing anything about it and if that's the case then probably it won't be profitable because it would just stay in your account in that certain site that you deposited on and just sitting there like nothing. But if you are talking about playing it and carefully strategizing on how you are going to play whether it would be roulette, craps, poker, etc whatever you think of, it could be but it has a high risk that you can lose it easily.

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July 12, 2017, 09:00:53 AM
 #3129

They say too much of anything is bad and if we are going to gamble for a long time we shall never be profitable because it will leave us chasing our losses. 

If we want to be profitable at this then gamble for fun and stop gambling when you make a profit 
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July 12, 2017, 09:24:18 AM
 #3130

They say too much of anything is bad and if we are going to gamble for a long time we shall never be profitable because it will leave us chasing our losses. 

If we want to be profitable at this then gamble for fun and stop gambling when you make a profit 

No matter how much do we want to make profits in gambling, still, we can't avoid the losses that we are going to experience everytime we are going to gamble. Gambling is just all about winning in losing, bust mostly, it is all about lossing, that is why if we want to make profits in the long term, then gambling is not the way to make some money in the long run.
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July 12, 2017, 10:25:04 AM
 #3131

They say too much of anything is bad and if we are going to gamble for a long time we shall never be profitable because it will leave us chasing our losses. 

If we want to be profitable at this then gamble for fun and stop gambling when you make a profit 

No matter how much do we want to make profits in gambling, still, we can't avoid the losses that we are going to experience everytime we are going to gamble. Gambling is just all about winning in losing, bust mostly, it is all about lossing, that is why if we want to make profits in the long term, then gambling is not the way to make some money in the long run.
You are a rich person and don't care for money or you have a lot of patience if you lose all your money also you take that easily then you can able to make money in long term. Yup rich people do not care for their loss, and they will invest more and get back there loss for them this is possible. And those who have patience they will not rush to get back there loss they will wait and think and make a plan and take back their loss.
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July 12, 2017, 11:44:12 AM
 #3132

They say too much of anything is bad and if we are going to gamble for a long time we shall never be profitable because it will leave us chasing our losses. 

If we want to be profitable at this then gamble for fun and stop gambling when you make a profit 

No matter how much do we want to make profits in gambling, still, we can't avoid the losses that we are going to experience everytime we are going to gamble. Gambling is just all about winning in losing, bust mostly, it is all about lossing, that is why if we want to make profits in the long term, then gambling is not the way to make some money in the long run.

That's exactly the point that makes people lose money, you shouldn't act as gambling is a way to earn money, you should act as gambling is a way to pay for excitement.
At the long run you will always lose, so you actually pay for the excitement you get while you are putting time in gambling.
House always win.

 
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July 12, 2017, 12:15:43 PM
 #3133

Gambling is not like trading for analyzing and invest into trading. Gambling is always a short term investment where people will have 100% chance to loose the money.
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July 12, 2017, 04:21:44 PM
Last edit: July 13, 2017, 04:48:51 PM by South Park
 #3134

I think it is not about the time you spend on gambling can make you profitable.i believe that it is in youre self determine..if you are lucky in it so be it.but if you have a bad luck b.then you can stop it.everything is under the term of youre distiny in doing gambling.
There is not such a thing as getting lucky when it comes to the long term, you can win big in the short term, just look at the lottery winners, but in the long term if you keep gambling, you are going to lose any short term profits that you may had.
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July 13, 2017, 10:05:36 AM
 #3135

no gambling can be profitable in the long run, trust me, i have been there, u win big now, you will lose bigger latter

What is the player is cunning enough and understands that gambling more and more means more losses than wins and hence they plan to stop on their green streak and never to gamble again? This is done by many players but the fact is that person is tempted to waste more money in gambling even after the big win. If they are able to stop gambling once and for all then they are with a net profit and thus they have actually gained something.

 
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July 13, 2017, 11:04:45 AM
 #3136

Gambling is not like trading for analyzing and invest into trading. Gambling is always a short term investment where people will have 100% chance to loose the money.

This is fact of gambling we have 100% chance to lose our money very quickly because it has very big risks when we play against continuously with hope to get recover one day. No way to get survive in long term only chance to get addicted.
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July 13, 2017, 11:55:23 AM
 #3137

Gambling is not like trading for analyzing and invest into trading. Gambling is always a short term investment where people will have 100% chance to loose the money.
I agree with you, gambling gives short happiness when we win but if we lose it become our problem and that's why gambling is not a hold source of income especially in the end. Yes your right that more losing than winning, and for me the winning money can easily consume. Even we always see the positive side of gambling they will result a negative feedback at the end. Looking for a profit using a gambling may I said that is impossible. Losing of time in family, spending time for nothing, if we lose it gives a problem in our health. If gambling is the reason to get an entertainment, much better to find a hobbies or spend in business.
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July 13, 2017, 11:57:56 AM
 #3138

This is fact of gambling we have 100% chance to lose our money very quickly because it has very big risks when we play against continuously with hope to get recover one day. No way to get survive in long term only chance to get addicted.

We are bound to lose money in the long run however saying that we are going to lose our money in a 100 % chance is definitely not right. Sometimes there are some variance and we can win in the game, if there is totally no chance for the player to win then there will be no one that will play in a gambling site anymore
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July 13, 2017, 12:54:04 PM
 #3139

This is fact of gambling we have 100% chance to lose our money very quickly because it has very big risks when we play against continuously with hope to get recover one day. No way to get survive in long term only chance to get addicted.

We are bound to lose money in the long run however saying that we are going to lose our money in a 100 % chance is definitely not right. Sometimes there are some variance and we can win in the game, if there is totally no chance for the player to win then there will be no one that will play in a gambling site anymore
This is true, if gambling would really give 100% chance loss of money then there would be no gamblers since they do know that they will end up no money on their pockets. Its actually depends on a gambler if he would decide to continue or not when hes on profits because there are really some wise gamblers that do completely stop after a win but the common thing here is that they do comeback and forth on daily basis hoping for another win which causes for them to lose the money that they have instead of securing it on other things.

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July 13, 2017, 01:11:55 PM
 #3140

This is fact of gambling we have 100% chance to lose our money very quickly because it has very big risks when we play against continuously with hope to get recover one day. No way to get survive in long term only chance to get addicted.

We are bound to lose money in the long run however saying that we are going to lose our money in a 100 % chance is definitely not right. Sometimes there are some variance and we can win in the game, if there is totally no chance for the player to win then there will be no one that will play in a gambling site anymore
This is true, if gambling would really give 100% chance loss of money then there would be no gamblers since they do know that they will end up no money on their pockets. Its actually depends on a gambler if he would decide to continue or not when hes on profits because there are really some wise gamblers that do completely stop after a win but the common thing here is that they do comeback and forth on daily basis hoping for another win which causes for them to lose the money that they have instead of securing it on other things.

Someone could win and most people will lose, thats how gambling works. Most people dont understand this stuff so either they keep on trying harder to win or even get into desperation and said that there is no way that someone could win in a gambling site, which of course is not completely right on some basis
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