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Author Topic: Can gambling be profitable in long term ?  (Read 112251 times)
youdacapt
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August 28, 2017, 05:14:50 PM
 #3561

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 you can do that regularly on a casino. At least not on dice, slots, roulette etc
You can do it in poker of course, but I guess that's the only casino game that has some strategy in it.

Expecting regular income from gambling is not possible. You can make a profit with using your skill set and experience but making fixed amount is not possible. Today you will make, but tomorrow also it is not possible. We have only one choice to make a profit that is skill games like poker and sports betting. Are you use casino games then your profit completely depends on your luck.

It is not true to always believe in luck, proper analysis is very influential on the outcome of victory, practical intelligence is indispensable in this case, this applies to all gambling except the dice system. If you want to get 50-100 $ in a day we need to add a capital of about 1000 $ there we can calculate the possibilities that exist, many gamblers lose if relying on small capital, this is the most important factor.
shtako
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August 28, 2017, 05:31:12 PM
 #3562

It is only possible to earn money in the long run in games where you have an mathematical advantage.

The easiest example is poker where you play against other humans who both "lay" and "bet" on unfavorable odds.

In sports you might have more knowledge then the market on some occasions and therefor have an mathemathically advantage. Most often that is not the case and specially on games in major leagues.

A good way to earn money betting sports is to take advantage of every possible promtion. It is easy to bet on sports with close to 100% roi. And every cent you make of the promotions is your revenue.

In games where you play against the house you are doomed to loose.
Xenoph0bia
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August 28, 2017, 05:49:45 PM
 #3563

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 you can do that regularly on a casino. At least not on dice, slots, roulette etc
You can do it in poker of course, but I guess that's the only casino game that has some strategy in it.

Expecting regular income from gambling is not possible. You can make a profit with using your skill set and experience but making fixed amount is not possible. Today you will make, but tomorrow also it is not possible. We have only one choice to make a profit that is skill games like poker and sports betting. Are you use casino games then your profit completely depends on your luck.

Agreed with you, its not possible to earn regular profit with the gambling. There will be a days when you will never get any profit and might loose the money. You have to be very lucky and experienced to make money on a regular basis in the gambling; chances of that are very rare.
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August 28, 2017, 05:56:10 PM
 #3564

no and never will be.
bestluck
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August 28, 2017, 11:29:57 PM
 #3565

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 you can do that regularly on a casino. At least not on dice, slots, roulette etc
You can do it in poker of course, but I guess that's the only casino game that has some strategy in it.
I have also the same opinion. Poker can be won by using some famous strategies but dice and slots are totally unpredictable. Moreover, I didn't get what he meant by disciplined enough or following some rules. Gambling does not involve any rules for winning, at least none that I have heard of.
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August 29, 2017, 10:10:55 AM
 #3566

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 you can do that regularly on a casino. At least not on dice, slots, roulette etc
You can do it in poker of course, but I guess that's the only casino game that has some strategy in it.
I have also the same opinion. Poker can be won by using some famous strategies but dice and slots are totally unpredictable. Moreover, I didn't get what he meant by disciplined enough or following some rules. Gambling does not involve any rules for winning, at least none that I have heard of.
The rules that I know is to follow your game plan and you won't be making that game plan if you do not understand the game you are playing, I mean it's easy to understand to play but the real question is do we know our chances of winning? We should because that would tell us what to do, if games are luck based then for sure we should not waste our time using strategy, controlling yourself to follow your limit is more than enough to enjoy.

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August 29, 2017, 06:12:24 PM
 #3567

It seems to me gambling is sand in the eyes, falling on blind luck is reckless, there are rumors of the legendary gamblers who live pripivayuchi, although more people are grieving only typed. In general, my answer is no, can not

its always depend for those who played gambled if you are responsible gambler maybe you can say you can get some profits in the long run since you understand
how the game works but if you are just relying with luck I will agree that there's no chance to gain profits instead big losses will happen.

Well if you play something like dice then there is nothing that you need to learn about the game - just how it works will do you anyone. What I mean to say that is all luck based games are just the same because in the end the house edge will always win and not the players. However if you try the EV+ games and PvP games then there is a method to win because you can try to outsmart the opponent.

Dice game is really based on a pure luck game. No amount of strategies will be going to work with dice - when you see that one of your strategies is perfectly doing well at the moment, mind you when you keep on betting more, you will just be surprised that your bankroll will be depleted in just one blink of an eye.
Its not surprising anymore and this is how its works and this is the common results on playing dice this is why we should really not expect that we can able to make money on playing gambling for long term targets.
Profitable only for those professional gamblers butt only to those games who do need technique,analysis and experience like on card games and sports bettings.

long term playing will be very vulnerable to the house edge advantage.. That is the fact and most of the gamblers know it from the beginning but still risks because of the thought and hope to win big in just a short period of time.
Not everyone knows the fact there is a house edge, only those that read about it or those that make the math, for all the rest they just think they got unlucky when they lose in the casino and most of the time they are not going to understand that the house has an advantage.
Whether everyone is aware of this cool feature "house edge", the point is results remain the same. Gambling still does not produce long term profits. It cannot be a mean of earning and if someone is betting on daily basis, then it’s a bad news. If someone was really interested, he could have Google such secrets.
Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.
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August 29, 2017, 10:41:53 PM
 #3568

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 you can do that regularly on a casino. At least not on dice, slots, roulette etc
You can do it in poker of course, but I guess that's the only casino game that has some strategy in it.

Expecting regular income from gambling is not possible. You can make a profit with using your skill set and experience but making fixed amount is not possible. Today you will make, but tomorrow also it is not possible. We have only one choice to make a profit that is skill games like poker and sports betting. Are you use casino games then your profit completely depends on your luck.

Agreed with you, its not possible to earn regular profit with the gambling. There will be a days when you will never get any profit and might loose the money. You have to be very lucky and experienced to make money on a regular basis in the gambling; chances of that are very rare.
although it is not possible to earn a regular profit from bitcoin, but still i think that it is depending on your luck. if you are lucky then i think a person can continue making money even for a long run. in my area there are a lot of people who are continuously earning money form gambling and even they are depending on gambling for life.
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August 30, 2017, 02:56:59 AM
 #3569

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 you can do that regularly on a casino. At least not on dice, slots, roulette etc
You can do it in poker of course, but I guess that's the only casino game that has some strategy in it.

Expecting regular income from gambling is not possible. You can make a profit with using your skill set and experience but making fixed amount is not possible. Today you will make, but tomorrow also it is not possible. We have only one choice to make a profit that is skill games like poker and sports betting. Are you use casino games then your profit completely depends on your luck.

Agreed with you, its not possible to earn regular profit with the gambling. There will be a days when you will never get any profit and might loose the money. You have to be very lucky and experienced to make money on a regular basis in the gambling; chances of that are very rare.
although it is not possible to earn a regular profit from bitcoin, but still i think that it is depending on your luck. if you are lucky then i think a person can continue making money even for a long run. in my area there are a lot of people who are continuously earning money form gambling and even they are depending on gambling for life.
The fact is you cannot rely on your luck in the long run because that is not gonna happen, you need to have bigger skills than you luck because that all you need. To win in the long run is not easy but it's possible as long as you choose a games that would not gonna kill your bankroll like games which has a house edge, make sure you improve your skills and focus on skilled based games.

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August 30, 2017, 03:09:39 AM
 #3570

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 you can do that regularly on a casino. At least not on dice, slots, roulette etc
You can do it in poker of course, but I guess that's the only casino game that has some strategy in it.
I have also the same opinion. Poker can be won by using some famous strategies but dice and slots are totally unpredictable. Moreover, I didn't get what he meant by disciplined enough or following some rules. Gambling does not involve any rules for winning, at least none that I have heard of.
Just look at those professional poker player , they have managed make it profitable successfully.
But not with the blackack player or slot machine player right?
So i think a player vs player games such as poker is not impossible profitable as it has proven work with proper bankroll management.
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August 30, 2017, 03:59:18 AM
 #3571

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

Gambling can only be profitable in long term if you're lucky or if you've hit a jackpot that would even support you for your whole life. I don't think that it would be profitable in the long-run if you will continue or if you would get addicted to it. In gambling, winning is an objective which makes the probability of it lower.

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August 30, 2017, 04:05:54 AM
 #3572

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

Gambling can only be profitable in long term if you're lucky or if you've hit a jackpot that would even support you for your whole life. I don't think that it would be profitable in the long-run if you will continue or if you would get addicted to it. In gambling, winning is an objective which makes the probability of it lower.

Not only this way but if you have people who are able to sign under your referral link. And they keep on being addicted, depositing in that casino, you will be getting some referral commission and there are some people who are earning this way. And this is one of the way that gambling can be profitable in the long term. Not only hitting the jackpot or gambling all alone by your strategies.

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August 30, 2017, 04:59:57 AM
 #3573

Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.

People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money
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August 30, 2017, 06:45:59 AM
 #3574

Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.

People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money
That's not fun anymore because the fact that we are likely to lose in the long run we might not last or worst we go bankrupt.
Gambling is a game of chance and you are required to put money in every play you make therefore it's risky and you have to know how big the risk you are taking, if you want to succeed in the long run you have to choose your game which you have an advantage but always gamble what you can afford to lose.

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August 30, 2017, 06:54:11 AM
 #3575

Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.

People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money
That's not fun anymore because the fact that we are likely to lose in the long run we might not last or worst we go bankrupt.
Gambling is a game of chance and you are required to put money in every play you make therefore it's risky and you have to know how big the risk you are taking, if you want to succeed in the long run you have to choose your game which you have an advantage but always gamble what you can afford to lose.
The only thing that i can think off on sustaining on longer runs or long term plays is on those games which do require experience and knowledge,skills. Like on card games or even on sports betting we do really have the chance to make money on long term if we are really good at it,specially on our analysis comes together with experience and specially luck would really be there.

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August 30, 2017, 07:34:18 AM
 #3576

Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.

People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money
That's not fun anymore because the fact that we are likely to lose in the long run we might not last or worst we go bankrupt.
Gambling is a game of chance and you are required to put money in every play you make therefore it's risky and you have to know how big the risk you are taking, if you want to succeed in the long run you have to choose your game which you have an advantage but always gamble what you can afford to lose.
The only thing that i can think off on sustaining on longer runs or long term plays is on those games which do require experience and knowledge,skills. Like on card games or even on sports betting we do really have the chance to make money on long term if we are really good at it,specially on our analysis comes together with experience and specially luck would really be there.
Sports betting would be a good example I guess because it's more fun than online poker.
People love to play online now because it's more easier and I don't fully trust an online poker game but with sports betting
you can see the games live.

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8Habits
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August 30, 2017, 08:03:04 AM
 #3577

Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.

People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money
That's not fun anymore because the fact that we are likely to lose in the long run we might not last or worst we go bankrupt.
Gambling is a game of chance and you are required to put money in every play you make therefore it's risky and you have to know how big the risk you are taking, if you want to succeed in the long run you have to choose your game which you have an advantage but always gamble what you can afford to lose.
The only thing that i can think off on sustaining on longer runs or long term plays is on those games which do require experience and knowledge,skills. Like on card games or even on sports betting we do really have the chance to make money on long term if we are really good at it,specially on our analysis comes together with experience and specially luck would really be there.
Sports betting would be a good example I guess because it's more fun than online poker.
People love to play online now because it's more easier and I don't fully trust an online poker game but with sports betting
you can see the games live.

That is true mate. I for one is an avid fun of sports betting but I have some friends who really love playing poker above anything else and the other friend of mine is really into dice game and he is doing well in the high rollers.. I guess it is really where we are so happy and comfortable though.
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August 30, 2017, 10:24:04 AM
 #3578

Gambling can not be profitable, because it's entertainment. They are created for profit only to their owners, but not for ordinary players. The chances of being rich playing are reduced to zero.
poker can be profitable because it is inherently a different game; the of fundamental difference that changes this fact is that poker is player vs player, instead of vs the house. do some reading, it can and is profitable with skill and experience.

Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.

People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money
continuing off what I wrote above, gambling is the furthest thing from entertainment for these professionals; it's serious work in their minds. it's their source of income. might be different for some others, but last time I checked, work isn't exactly fun. Wink

theres nothing here. message me if you want to put something here.
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August 30, 2017, 10:56:20 AM
 #3579

Gambling can not be profitable, because it's entertainment. They are created for profit only to their owners, but not for ordinary players. The chances of being rich playing are reduced to zero.
poker can be profitable because it is inherently a different game; the of fundamental difference that changes this fact is that poker is player vs player, instead of vs the house. do some reading, it can and is profitable with skill and experience.

Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.

People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money
continuing off what I wrote above, gambling is the furthest thing from entertainment for these professionals; it's serious work in their minds. it's their source of income. might be different for some others, but last time I checked, work isn't exactly fun. Wink

For those professional gamblers, the game is not really just for fun but a work and a business at the same time - both needs a serious and focus execution of efforts to get the desired results which is the target gain in every single day.
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August 30, 2017, 06:05:57 PM
 #3580

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 you can do that regularly on a casino. At least not on dice, slots, roulette etc
You can do it in poker of course, but I guess that's the only casino game that has some strategy in it.
I have also the same opinion. Poker can be won by using some famous strategies but dice and slots are totally unpredictable. Moreover, I didn't get what he meant by disciplined enough or following some rules. Gambling does not involve any rules for winning, at least none that I have heard of.
I think he meant strategy instead of rules, if you have a strategy in a game like poker and you are good at it then you could in theory win, but it is difficult because everyone has their own strategy and even if you are good sometimes luck is not going to be on your side.
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