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Author Topic: Everyone looses in the long run  (Read 96722 times)
bf4btc
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October 10, 2015, 07:58:27 AM
 #121

You are partly right but there are people that make money from gambling and granted there are not many of them they are out there though. I am up from gambling my profit came from poker but if I would have carried on gambling on roulette and blackjack you're 100% right, losing will be inevitable. Playing the house edge will always mean you will be losing at least that in the long run. I won't play the house again gambling unless I want to have some fun. (entertainment as you said)

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operrajunk74
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October 10, 2015, 08:42:11 AM
 #122

Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.
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October 10, 2015, 09:34:14 AM
 #123

Sometimes the hard way is the best way to learn.
not sometimes always its the best way ...


Gambling, the hardest way to make an easy living.
its also the easiest way to make easy living into VIP..


Gambling addiction is a disease. But it's the only disease where you can win a bunch of money.
its the only disease that teaches you how to workout in life.

yo
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October 10, 2015, 10:05:00 AM
 #124

it is true and no mater how much money you have if you wont stop you will loose
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October 10, 2015, 10:09:19 AM
 #125

Absolutely true that everyone sooner or later looses especially in the long run.House edge is the proof by itself that no one can not win in the long run except owners of gambling sites and casinos.

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October 10, 2015, 10:11:33 AM
 #126

Yeah most of people looses in long term and if you are a pro you can avoid it , I am not much called a pro , but yesterday i lost around 0.9BTC and again i gambled and won around 1.2BTC , means i made a total 0.3 BTC profit.
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October 10, 2015, 11:24:38 AM
 #127

Yeah most of people looses in long term and if you are a pro you can avoid it , I am not much called a pro , but yesterday i lost around 0.9BTC and again i gambled and won around 1.2BTC , means i made a total 0.3 BTC profit.

Damn you are great. Why?

First you the guts to play for that amount and,

Secondly you won an awesome profit.

With your lost yesterday I can buy some good gadgets here in our country that's why I can't gambled that much earnings. No Guts No Glory lol.
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October 10, 2015, 11:59:21 AM
 #128

Yeah most of people looses in long term and if you are a pro you can avoid it , I am not much called a pro , but yesterday i lost around 0.9BTC and again i gambled and won around 1.2BTC , means i made a total 0.3 BTC profit.

Damn you are great. Why?

First you the guts to play for that amount and,

Secondly you won an awesome profit.

With your lost yesterday I can buy some good gadgets here in our country that's why I can't gambled that much earnings. No Guts No Glory lol.


There are many example who have lost their initial profits in later rounds of the games. I guess most of them have lost just due to the emotional factor greed. When you double your bet amount your entire profit goes in a single bet, still call long run is way of loosing.
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October 10, 2015, 12:05:34 PM
 #129

It is true that everyone looses in the long run.One can't just win always sometimes will experience bad time too and that time will loose from someone .
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October 10, 2015, 12:06:36 PM
 #130

i agree with you, if we didnt all lose in the end then why would casinos even make money, our long terms loses fuel our shortterm wins


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Punggawa
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October 10, 2015, 06:11:29 PM
 #131

not everyone. because many poeple a get earn from gambling
may be he have skill to play in gambling.

There are certain people that are very good at gambling and there are people who beat the casino
or maybe beat bitcoin instead, but I am not accepting gambling as a source of income or gamble to
get rich! you just need to work hard play hard to do it!  Grin

of course, for me gambling just for fun and i used it only for small amounts
it's better to play safe with your money.
leex1528
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October 10, 2015, 08:02:05 PM
 #132

Silly thread, lots of these running around.   Here are rules you should follow: 

1.  You can win in the long run, the probability is definitely against you but you can do it.
2.  Don't play with money you need, play for fun and don't borrow money you can't pay back.
3.  Try things you like, don't spend time playing games you don't like.
4.  Remember, this is for entertainment purpose, don't make it a job.
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October 11, 2015, 12:36:02 AM
 #133

it is true and no mater how much money you have if you wont stop you will loose

thats is called gambling addiction..its so hard to fixed,,,

even we know that we will lose in the long run,,still we do gambling...maybe rehabilitation is needed..

<a href="http://www.freebiebitcoin.com">Earn free bitcoin</a>
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October 11, 2015, 02:57:13 AM
 #134

It is true that everyone looses in the long run.One can't just win always sometimes will experience bad time too and that time will loose from someone .

You can always check your betting history just like in MagicalDice, you check how many times you win and how many times you lose by checking your history. Secondstrade also have that function. If you see that the total numbers of loss is higher than the number of wins then maybe gambling is not for you.
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October 11, 2015, 03:11:01 AM
 #135

Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.

Nope it wont be that way either. I ever gamble and earn 0.1 per day. I can hold it until next week after that I lose then I stop and continue on the next day and I keep on winning again. Actually this is depends on your luck and your mind too. When you are going to stop on continue it. So playing for fun will not affect to gamble. Playing for fun will only wasting your money
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October 11, 2015, 03:19:16 AM
 #136

It depends on you if you are winner or loser but yeah most of people end up being loser

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WEBcreator
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October 11, 2015, 03:39:09 AM
 #137

There are no such thing in this world. Gambling is pure on your luck, they can beat the house because of their luck not their spirit to play there or how good they are. Work hard in gambling is depends on your balance too, if you got good balance you will earn more and low balance you will earn less

Yup! the one that i was referring too are people with so much luck! they win with luck alone such people exist in this world.
and I am not one of them! Sad

There is no such people in this world. Much luck? What are you talking about? Luck is just luck there is no like much luck, people with luck will win just one time they can't even win big again and again

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leex1528
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October 11, 2015, 03:20:01 PM
 #138

We need to understand math here in order to understand if people can win from gambling long term.  I am assuming we are talking about games with a house edge, and not sports betting or poker.  Lets just look at blackjack, there are professional blackjack players who can manipulate the game into a favor for them.  So they are able to profit in the long term.  Even with an expected loss %, it is still possible to win long term, it is just not likely to happen.
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October 11, 2015, 03:22:51 PM
 #139

It is true that everyone looses in the long run.One can't just win always sometimes will experience bad time too and that time will loose from someone .

You can always check your betting history just like in MagicalDice, you check how many times you win and how many times you lose by checking your history. Secondstrade also have that function. If you see that the total numbers of loss is higher than the number of wins then maybe gambling is not for you.

it is not about how many games you win or lose. it is about how is ur overall profit and losses. some people have more wins than lose but they still lose a lot.
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October 11, 2015, 03:41:18 PM
 #140

Yes, people always loose in the long run, If you won one day then you will definitely loose next few days. If you calculate at the end then the money you have loosed during the gambling will more than what you have earned. So I would like to suggest that just play for fun and do not get addicted towards gambling.

I must agree with you.
All your profits in gambling surely will less than your loss.

I usually thing play gambling is like "pay for the game".
First deposit amount of money is all payment that we think is ok to "pay".

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