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Author Topic: Can gambling be profitable in long term ?  (Read 112191 times)
zoomzoom
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August 15, 2017, 09:25:27 PM
 #3441

Also, you should define gambling before asking this question.
There is +ev gambling,
and there is -ev gambling.

raymond541
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August 15, 2017, 09:41:09 PM
 #3442

 gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.
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August 15, 2017, 11:13:50 PM
 #3443

gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.
Maybe youre correct but there will be no impossoble until it happens. We like to have a long term investment now so we think that we should make gambling as an investment now so o think its good. But you need to put higher risk on it. Bitcoin is a really big thing. But it can help us. So let just be posotive enough in gambling.

Y U MAD AT ME
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August 16, 2017, 01:49:33 AM
 #3444

gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.

like I've said, define gambling. Poker is technicaly played in a casino, poker is gambling thus "casino" gambling can be long term profitable.

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August 16, 2017, 02:49:54 AM
 #3445

gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.

like I've said, define gambling. Poker is technicaly played in a casino, poker is gambling thus "casino" gambling can be long term profitable.
It can be but it requires a lot of patience, that's for sure. If you think about it, if you are requiring yourself to be patient in your games, you can practically always be in the profit side, and play slowly and keep track of your money and plan for the future if you will withdraw or not, something like that.

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August 16, 2017, 02:52:40 AM
 #3446

gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.

like I've said, define gambling. Poker is technicaly played in a casino, poker is gambling thus "casino" gambling can be long term profitable.
It can be but it requires a lot of patience, that's for sure. If you think about it, if you are requiring yourself to be patient in your games, you can practically always be in the profit side, and play slowly and keep track of your money and plan for the future if you will withdraw or not, something like that.

Yeah.. but my point is some gambling games have no chance of long term profit cos they will always been in the houses favour with fixed and predictable odds like roulette, but with poker you win from other people playing worse than you in the long run.

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August 16, 2017, 04:39:22 AM
 #3447

gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.

like I've said, define gambling. Poker is technicaly played in a casino, poker is gambling thus "casino" gambling can be long term profitable.
It can be but it requires a lot of patience, that's for sure. If you think about it, if you are requiring yourself to be patient in your games, you can practically always be in the profit side, and play slowly and keep track of your money and plan for the future if you will withdraw or not, something like that.

Yeah.. but my point is some gambling games have no chance of long term profit cos they will always been in the houses favour with fixed and predictable odds like roulette, but with poker you win from other people playing worse than you in the long run.
that's because in poker, you're playing against the other players instead of the house, and the casino just takes a rake of the pot for hosting the game and whatnot. even if the game might be profitable for the player, the casino still makes a profit.

Also, you should define gambling before asking this question.
There is +ev gambling,
and there is -ev gambling.
gambling is gambling, games where you risk your money for a chance to either win or lose. +/- EV are just two scenarios where you can generally expect a win or loss in the long run given a statistically ideal outcome. we dont need to be overly analytical and subdivide gambling into niche outcomes / cases / scenarios.

Theoretically it is possible. For a while things may work out for you. But in the end the house edge will win, it always does. There is no way to make profit from gambling in the long run, you may try your luck at it for a short while and then if you get any profits at all, just bag it and don't be greedy, run far away from gambling. This is the only way to profit from gambling. If you don't stop gambling, and it gets addicting to you, you will keep on investing all your saving into it to try and get a good profit but in the end you will lose every single Satoshi to house edge.
not always. +EV only means in a statistically perfect situation, the house will be expected to win by the house edge percentage over the long run. statistics doesnt say so, but it is possible to beat the house in the long run. its just unlikely.

theres nothing here. message me if you want to put something here.
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August 16, 2017, 05:53:43 AM
 #3448

It can be but it requires a lot of patience, that's for sure. If you think about it, if you are requiring yourself to be patient in your games, you can practically always be in the profit side, and play slowly and keep track of your money and plan for the future if you will withdraw or not, something like that.

Dont even think of saying foolish thing. It doesnt matter if you are patient or not because if you keep having bad luck then everything is over. In the end you are going to relly on your luck but still it wont be profitable in the long term, it is EV- afterall and there is nothing that you can do to win in the long run

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August 16, 2017, 06:30:08 AM
 #3449

Statistically you have more the possibility to lose all than earn. But still everything is possible because we mention probability and not something of sure. But gambling isn't profitable if we talk about long term.
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August 16, 2017, 06:45:12 AM
 #3450

It is very difficult to get a profit in the long run, because gambling is just a chancy. Well, if you want to make a profit in the long run it's better to invest in altcoin, because that's more proven.

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August 16, 2017, 06:56:37 AM
 #3451

Statistically you have more the possibility to lose all than earn. But still everything is possible because we mention probability and not something of sure. But gambling isn't profitable if we talk about long term.
Winning is really possible but only if you are one of the skilled people in gambling, your way to be profitable in the long is to ensure your skills is enough to survive. One does not need to win all the time because nobody has that chance but we can be profitable if we have more winnings than our loses and bankroll management is really important because we are in a long term mission.

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August 16, 2017, 09:25:19 AM
 #3452

Statistically you have more the possibility to lose all than earn. But still everything is possible because we mention probability and not something of sure. But gambling isn't profitable if we talk about long term.
Winning is really possible but only if you are one of the skilled people in gambling, your way to be profitable in the long is to ensure your skills is enough to survive. One does not need to win all the time because nobody has that chance but we can be profitable if we have more winnings than our loses and bankroll management is really important because we are in a long term mission.
yes i think is not about the time that you spend through it.i think it is  the luck who matters most.in gambling you cannot earn profit if you are not lucky.in short it is the luck who can make you profitable it is not a long term gambling.
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August 16, 2017, 12:48:51 PM
 #3453

Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.
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August 16, 2017, 01:48:27 PM
 #3454

Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.

Gambling becomes a profitable thing for the long term is not an impossible thing, but it is a very difficult thing. The level of difficulty even makes people think it is impossible. Gambling relies heavily on luck, and luck that comes continuously in the long run is almost impossible...


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August 16, 2017, 02:02:33 PM
 #3455

Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.

Gambling becomes a profitable thing for the long term is not an impossible thing, but it is a very difficult thing. The level of difficulty even makes people think it is impossible. Gambling relies heavily on luck, and luck that comes continuously in the long run is almost impossible...

The difficulty level that continues to motivate me to keep trying to process the mental analysis and gambling, I feel in our trading like a competitor who will always compete with the whales, but gamble think me, house/edge, and the player in one table the same as king, pure satisfaction is more than trading.

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August 16, 2017, 02:40:35 PM
 #3456

Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.

Gambling becomes a profitable thing for the long term is not an impossible thing, but it is a very difficult thing. The level of difficulty even makes people think it is impossible. Gambling relies heavily on luck, and luck that comes continuously in the long run is almost impossible...
Gambling as in betting on certain markets (horse racing, football, tennis and other sports) absolutely does not depend on luck. Gambling as in playing games such as roulette and fruit machines is pure luck and involves no skill whatsoever.
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August 16, 2017, 02:44:32 PM
 #3457

Why not. If we really do it with targeted with low profit, i think it could. In fact, gains in gambling faster than trading. It's just, in fact gamblers always want to immediately achieve a huge profit, that's greedy mental.

Gambling becomes a profitable thing for the long term is not an impossible thing, but it is a very difficult thing. The level of difficulty even makes people think it is impossible. Gambling relies heavily on luck, and luck that comes continuously in the long run is almost impossible...

If the game you are playing is based on pure luck, I think the more you play, the more the house edge advantage is at play against you. Better do long term with gambling that requires skills like poker than playing with a game founded by pure luck.
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August 16, 2017, 02:51:00 PM
 #3458

I do not think that gambling can be profitable. This is too risky and unreliable. I do not know a single person who has become rich in gambling. Probably you should have a lot of skills and  luck for this.
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August 16, 2017, 02:51:18 PM
 #3459

gambling never be profitable in long term.Short term you can be profitable if you had good luck but long term 100% chance you will lose all your investment.If you are enough lucky on gambling then this is okay to you but I think 99% people are looser on gambling.play for fun and put how much money you can effort.continuously make 50-100 $ a day just impossible on gambling.
Maybe youre correct but there will be no impossoble until it happens. We like to have a long term investment now so we think that we should make gambling as an investment now so o think its good. But you need to put higher risk on it. Bitcoin is a really big thing. But it can help us. So let just be posotive enough in gambling.

Hmm, indeed the reason long-term investment could be one cause of someone using the gambling. But it is absolutely ridiculous and stupid when gambling is referred to as an investment, because of gambling inappropriate called so because it is only as a place of gambling games and if we can't play properly it is definitely getting a lot of losses. Gambling only requires self control and strategies to win, otherwise it's not a thing to do
 
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August 16, 2017, 02:54:54 PM
 #3460

It is very difficult to get a profit in the long run, because gambling is just a chancy. Well, if you want to make a profit in the long run it's better to invest in altcoin, because that's more proven.

Well gambling is really based on how lucky you are that day. But the thing is, being lucky is really hard to know or to guess when we will be lucky and how can we know we are lucky. Do for a better suggestion, put your money in an altcoin with a good possibility of having a pump.
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