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Author Topic: How much can you earn with gambling?  (Read 144952 times)
MinerHQ
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October 17, 2015, 03:11:56 PM
 #341

For me if im feel im too lucky today i just try to play gambling any game poker sports betting or binggo... I earn if i feel it im so lucky so just feel it before you play... because your luck has own decision/..
Lol i've tried this "I'm feeling lucky today" but the end result for me was loss. hope someday my luck turns good. Wink
yes a few days I was very lucky yesterday. I hope tonight's lucky too. because quite a lot of big league games are back Smiley

There is no such thing as luck. Its called statistics and probability. Basically with dice. You will get lucky 49 days and unlucky 51 days .

I think your completely wrong if what you said is correct. If people bet on dice game at 80% they should win 80 times and only 20 times they should loss in 100 bets right? but in reality that will not happen so you need a luck to win dice game because you can't predict what will happen. So no calculations will work out in dice games.

That is true one should have 100% luck to win in gambling like dice games. I don't think any strategy will work in these games.
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October 17, 2015, 04:42:02 PM
 #342

I don't gable to earn money. I know it is almost impossible to earn more than you invested. I rather like the thrill of uncertainty gambling brings.
I usually bet only low stakes, maximum 0.001 BTC. So I don't cry later when I lose.

It is REALLY difficult to make profit with gambling, gambling is meant to entertain not to make profit. If someone wants to make profit and have that gambling feeling he should try the stock exchange.

No it is not difficult at all, gambling is the easiest way to make profit and living.
The chance to win in gambling is 50:50 , if you win your money get doubled if not try again and again.
It is so simply right? If you decide to be a professional gambler then you should learn a lot. If not you just need to find your lucky.

But if you lost, how can you "try again and again"? Where can you get the money?

The answer is simple (to wright, but not to have irl): infinite supply. Yes you can make living from gambling if you have an infinite supply of money. This was stated many times before and I can see no other option.

There is not such thing as infinite supply. Even fiat money is limited.

Unless you have much more than you bet, like you have billion $ and martingale starting with $1.

But if you have that much money, why bother to gamble for so little?

Exactly! That's why I'm always saying you should gamble for fun only, never try to make living from it.

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bitart
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October 17, 2015, 08:09:47 PM
 #343

OK and what about sports betting? Is it a kind of gambling or because of the different strategies and probabilities you should not call it gambling but anything else?
I'm not familiar with sports betting yet. I've heard that there is no house edge in sports betting (and poker). So the "luck" in the end is only depends on the information people can collect before betting and on personal expectations about the results of the events? Are there any (or a lot) misleading information online that can differentiate people's bets or it's only personal expectations that makes bets different?
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October 18, 2015, 12:44:49 AM
 #344

OK and what about sports betting? Is it a kind of gambling or because of the different strategies and probabilities you should not call it gambling but anything else?
I'm not familiar with sports betting yet. I've heard that there is no house edge in sports betting (and poker). So the "luck" in the end is only depends on the information people can collect before betting and on personal expectations about the results of the events? Are there any (or a lot) misleading information online that can differentiate people's bets or it's only personal expectations that makes bets different?

Yes sports betting is not depends on house edges but it needs your knowledge about the game and sports person. Along with your knowledge some time due to unpredictable reasons like player injury or due to nature your prediction may change. Also now days match fixing things are going to each and every game so sometimes even though you predicted correctly but results may change so this is the risk involved in sports betting.
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October 18, 2015, 01:23:14 AM
 #345

You can earn as much as you want, it depends in your amount invested, your bets and so on.
If you you re really lucky and also having good strategy you can even make huge amounts by gambling
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October 18, 2015, 05:35:01 AM
 #346

the possibilities of earning money through gambling is limitless, but you have to keep in mind that at the same time the possibilities of losing money through gambling is limitless too.

so the amount you can earn can be a lot depending on how much you are willing to risk.

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October 18, 2015, 08:24:52 AM
 #347

the possibilities of earning money through gambling is limitless, but you have to keep in mind that at the same time the possibilities of losing money through gambling is limitless too.

so the amount you can earn can be a lot depending on how much you are willing to risk.

People can minimize their losing, how? Just play gambling with free money (giveaway, no deposit bonus) at least this is what I do in gambling, and so far I earn around 1.5btc. Not a big amount but at least I did not lose anything from my own pocket Wink

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October 18, 2015, 09:24:19 AM
 #348

OK and what about sports betting? Is it a kind of gambling or because of the different strategies and probabilities you should not call it gambling but anything else?
I'm not familiar with sports betting yet. I've heard that there is no house edge in sports betting (and poker). So the "luck" in the end is only depends on the information people can collect before betting and on personal expectations about the results of the events? Are there any (or a lot) misleading information online that can differentiate people's bets or it's only personal expectations that makes bets different?

Beware that while there is no "house edge" in sports betting and poker, there are "juice" in sports betting (eg there are only two possible outcome in odd/even bet in football, but the odds you get will not be x2 but more like x1.9) and "rake" in poker. So if you are only able to deliver an average performance, it is still more likely for you to lose than to win.

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October 18, 2015, 09:30:36 AM
 #349

the possibilities of earning money through gambling is limitless, but you have to keep in mind that at the same time the possibilities of losing money through gambling is limitless too.

so the amount you can earn can be a lot depending on how much you are willing to risk.

People can minimize their losing, how? Just play gambling with free money (giveaway, no deposit bonus) at least this is what I do in gambling, and so far I earn around 1.5btc. Not a big amount but at least I did not lose anything from my own pocket Wink

you are a smart gambler then. i wonder if most people do what you are doing, will there be still a gambling site promotions? xD
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October 18, 2015, 09:43:05 AM
 #350

You can earn as much as you want, it depends in your amount invested, your bets and so on.
If you you re really lucky and also having good strategy you can even make huge amounts by gambling
do you think, the magnitude of the amount bet, including the many factors that will be how much can earn ?
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October 18, 2015, 10:19:31 AM
 #351

the possibilities of earning money through gambling is limitless,
No, you cannot more than invested on any website ...

but you have to keep in mind that at the same time the possibilities of losing money through gambling is limitless too.
nope you can only lose what you are risking ,i doubt you have limitless money ?

so the amount you can earn can be a lot depending on how much you are willing to risk.
yes it is true ...your stakes are crucial .

yo
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October 18, 2015, 11:49:06 AM
 #352

For me if im feel im too lucky today i just try to play gambling any game poker sports betting or binggo... I earn if i feel it im so lucky so just feel it before you play... because your luck has own decision/..
Lol i've tried this "I'm feeling lucky today" but the end result for me was loss. hope someday my luck turns good. Wink
yes a few days I was very lucky yesterday. I hope tonight's lucky too. because quite a lot of big league games are back Smiley

There is no such thing as luck. Its called statistics and probability. Basically with dice. You will get lucky 49 days and unlucky 51 days .

from your statement, this is where the gamble fallacy would happen. people will keep thinking that you have 50~60 unlucky days and your lucky days will come very soon. but it turn out it will always forever unlucky. it is how you gamble , by the house edge, it should forever be unlucky day, and even it is a day you profit, you also profit very little. and when you try to push for more, it will turn into a unlucky day again.
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October 18, 2015, 08:47:38 PM
 #353

the possibilities of earning money through gambling is limitless, but you have to keep in mind that at the same time the possibilities of losing money through gambling is limitless too.

so the amount you can earn can be a lot depending on how much you are willing to risk.

People can minimize their losing, how? Just play gambling with free money (giveaway, no deposit bonus) at least this is what I do in gambling, and so far I earn around 1.5btc. Not a big amount but at least I did not lose anything from my own pocket Wink
What do you mean about "no deposit bonus"? Is this anything in connection with the deposit in BTC that you have to put on your account to start gambling wit?
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October 18, 2015, 10:44:11 PM
 #354

You can earn as much as you want, it depends in your amount invested, your bets and so on.
If you you re really lucky and also having good strategy you can even make huge amounts by gambling
do you think, the magnitude of the amount bet, including the many factors that will be how much can earn ?

I think there is many factors depending on it we can guess how much we can earn from gambling, the magnitude of amount bet, the strategy, and the luck are the most interesting of this factors
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October 19, 2015, 01:53:11 AM
 #355

There is no limit that you can win with gambling.  There is however a limit you can lose with gambling(IE: All your money)  It is worth noting that gambling can be very addictive and the best strategy, recommendations I can make is have a strategy for losing, and follow that
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October 19, 2015, 01:57:30 AM
 #356

Avoid dice sites at all costs. Dicing sites will ensure that you will lose your money. Instead, go towards sports betting. Even then, anything can happen

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October 19, 2015, 02:49:33 AM
 #357

Avoid dice sites at all costs. Dicing sites will ensure that you will lose your money. Instead, go towards sports betting. Even then, anything can happen

Hmm, I would say you have slightly better odds at Dice than you do at Sports betting.  So why should you go there instead?  In one site you have PROFESSIONAL GAMBLERS/VEGAS People selecting odds/lines against you.  On the other side you have nearly a 50% chance of winning, why on earth would you choose one over the other?
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October 19, 2015, 03:04:47 AM
 #358

Avoid dice sites at all costs. Dicing sites will ensure that you will lose your money. Instead, go towards sports betting. Even then, anything can happen

Hmm, I would say you have slightly better odds at Dice than you do at Sports betting.  So why should you go there instead?  In one site you have PROFESSIONAL GAMBLERS/VEGAS People selecting odds/lines against you.  On the other side you have nearly a 50% chance of winning, why on earth would you choose one over the other?

But I have seen many people who are capable to making good profits on both dice games and sports bet like cricket and football. The success for them has become possible only after a strong analysis on how the skill required identifications as well skill development.
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October 19, 2015, 04:09:04 AM
 #359

Avoid dice sites at all costs. Dicing sites will ensure that you will lose your money. Instead, go towards sports betting. Even then, anything can happen

Hmm, I would say you have slightly better odds at Dice than you do at Sports betting.  So why should you go there instead?  In one site you have PROFESSIONAL GAMBLERS/VEGAS People selecting odds/lines against you.  On the other side you have nearly a 50% chance of winning, why on earth would you choose one over the other?

But I have seen many people who are capable to making good profits on both dice games and sports bet like cricket and football. The success for them has become possible only after a strong analysis on how the skill required identifications as well skill development.

It's more like "The success for them has become possible only because of luck." I doubt it was only because of a strong analysis, they've been just lucky all the time I guess Grin

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October 19, 2015, 05:39:30 AM
 #360

Avoid dice sites at all costs. Dicing sites will ensure that you will lose your money. Instead, go towards sports betting. Even then, anything can happen

Hmm, I would say you have slightly better odds at Dice than you do at Sports betting.  So why should you go there instead?  In one site you have PROFESSIONAL GAMBLERS/VEGAS People selecting odds/lines against you.  On the other side you have nearly a 50% chance of winning, why on earth would you choose one over the other?

But I have seen many people who are capable to making good profits on both dice games and sports bet like cricket and football. The success for them has become possible only after a strong analysis on how the skill required identifications as well skill development.

It's more like "The success for them has become possible only because of luck." I doubt it was only because of a strong analysis, they've been just lucky all the time I guess Grin

I think it is partially correct because in sports one can do some extent analysis and guess the winner but in dice game one should have full of luck to win. Yesterday I made two small bets on two cricket matches and manage to win both because it is based on my knowledge about team strength and some luck as well. I'm not a full time gambler but bet only on sports sometimes.
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