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Author Topic: Everyone looses in the long run  (Read 96772 times)
YuginKadoya
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October 13, 2015, 11:49:49 AM
 #161

LOL every gambling site has a provably fair system and you can verify manually your bet is fair or not. Are you aware of those? You can check some of it in some popular dice. The house edge is fair that's why everyone loose in a long run.

And I don't remember saying that to take advantage one must not play for a long run. I say that by investing in their bankroll somehow you can gain profit for a long term.

hehe I am referring to the physical casino not the online ones, sorry for the misunderstandings I have tried cloudbet and their system is fair enough for me,

I mean by playing for a long run whole day that will you lose a lot.

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October 13, 2015, 11:57:44 AM
 #162

-snip-
All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.
-snip-
That is something that I observed as well. Gamblers tend to be pretty superstitious individuals. Falling for every possible fallacy.
That is the main reason we see so many 'surefire strategies' and 100% legit gambling systems. While in reality it is all worthless nonsense.
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October 13, 2015, 05:07:51 PM
 #163

Gambling is a subject which is directly proportional to your luck! As scientists say the luck factor is related to your stars and some astrology BS.We can take Dan Bilzerian for example, he earns massive amounts by playing poker in LV!Not every poker player has made it this big ,there're a few exceptions! Also, I have heard about the stories of the people losing their homes and property in gambling.Lucky are those who're smart!At the end of the day they play it smart!As long as your greediness doesn't take over your smartness you're safe .

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October 13, 2015, 05:11:50 PM
 #164

Nobody says you can make a living from it. That is absurd to think you can quit your job and do it to earn a full time living.
Entertainment purposes only as most casinos advertise them to be. That is why they are under Gaming and lotteries commissions.

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October 13, 2015, 05:24:27 PM
 #165

Gambling is a subject which is directly proportional to your luck! As scientists say the luck factor is related to your stars and some astrology BS.We can take Dan Bilzerian for example, he earns massive amounts by playing poker in LV!Not every poker player has made it this big ,there're a few exceptions! Also, I have heard about the stories of the people losing their homes and property in gambling.Lucky are those who're smart!At the end of the day they play it smart!As long as your greediness doesn't take over your smartness you're safe .

There are several poker strategies and there is no house edge so you have some chance to be a long term winner if you have outstanding skills.

It is not the same as roulette or other games
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October 13, 2015, 05:26:17 PM
 #166

ofcourse no one wins in the long run, what be the point of casinos then how would the owners make money. but if the house edge is low enough you might be able to make some money in the short term
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October 13, 2015, 05:56:53 PM
 #167

if we can just gambling what we can afford to lose that's minimize the risks, so we can gamble a some of our Bitcoin , and there is always a possibility of making some profit.
we can also minimize the number of bets to an exact number daily that's can help i think
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October 13, 2015, 07:17:48 PM
 #168

that definitely is true because all casino games does not mater if it is with bitcoins or not has a house edge whic make people loose in a long term
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October 13, 2015, 09:44:50 PM
 #169

Only the house wins in gambling, the gambler may or may not win. Someone has to lose in order to someone to win.
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October 14, 2015, 03:15:35 AM
 #170

Frankly i am betting from 3 to 4 years.. and my success rate keeps on increasing.

I now know how to analyse a game before placing bets. I have almost 90% success rate but then too i dont risk my bitcoins.

Because gambling is always risky. even if you have 99% success rate.



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Rainbot
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October 14, 2015, 03:23:51 AM
 #171

I don't think so in a lot of the skill based games like Chess or Poker.
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October 14, 2015, 03:29:39 AM
 #172

This is obvious. Everybody DOES lose, because of the fact that there's a house edge and you're not infinitely wealthy. It's simple statistics, really.

It's only obvious if you gamble constantly and incessantly as mathematically you will eventually hit a unrecoverable losing streak due to lack of funds but many gamblers can stay in profit without bankrupting themselves so its not a gurantee for the small percent that are really lucky or have the relevant skills to make good bets. I think casino gambling is also much easier to lose on then say sports betting. Casino games are usually ramdom whereas sports you can use educated guesses.

Unrecoverable losing streak? I dont think so whether you are doing it depends on howw much fun do you have, if you have big you can go big base bet to earn more if you have small amount you can't ever get big. There are many people that always do this kind of things thats why they have so many losing streak before he can recover it. Play smart in gambling if you want to earn

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n2004al
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October 14, 2015, 11:36:35 AM
 #173

Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.

All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.

And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.

As the community manager and signature campaign director for a gambling site, I cannot stress this enough.
I have seen people wager more than they can afford to lose many times and it always leads to ruin - win or lose.

Gambling is for entertainment only, and is not a way to make money quick!
The Gambler's Fallacy is just that - a logical fallacy. You cannot predict a table or a game!

Never wager more than you are willing to lose!

It is a very big surprise for me your post (its content). I cannot imagine that one person like you (in your position) make such posts with these words and with that design (bold and big letters for the important things). Congratulations for this.

But do you know that not all the people are equal (even, we can't find two the same; even if are twins) and most of the gamblers finish in addiction from this kind of "entertainment"? Why you did not put limits in overall amounts with which one person can gamble or better, if someone go over one limit in loss of money must stop to gamble (from the machine or from you) and sent at his home?
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October 14, 2015, 12:14:30 PM
 #174

Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.

All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.

And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.

As the community manager and signature campaign director for a gambling site, I cannot stress this enough.
I have seen people wager more than they can afford to lose many times and it always leads to ruin - win or lose.

Gambling is for entertainment only, and is not a way to make money quick!
The Gambler's Fallacy is just that - a logical fallacy. You cannot predict a table or a game!

Never wager more than you are willing to lose!

It is a very big surprise for me your post (its content). I cannot imagine that one person like you (in your position) make such posts with these words and with that design (bold and big letters for the important things). Congratulations for this.

But do you know that not all the people are equal (even, we can't find two the same; even if are twins) and most of the gamblers finish in addiction from this kind of "entertainment"? Why you did not put limits in overall amounts with which one person can gamble or better, if someone go over one limit in loss of money must stop to gamble (from the machine or from you) and sent at his home?

why would any gambling website do this?!!!
the more users bet and lose, the more they will earn. so if they put a stop on user's bets, amount lost, then they are harming their business. it is not a charity you know.

as stingleword said, people should stop themselves and have self control. it is not anybody else's responsibility to that for them.

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October 14, 2015, 12:59:16 PM
 #175

...
I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.
...


Can you point to few of those 'many' people?
I don't recall seeing any of such claims, unless made as a joke or trolling.


Everyone with half a brain is aware of casinos' advantage. It's a bit different story with poker, you can make a profit if you're good, that's why it's often considered as skill game not gambling.

also: Everyone dies in the long run. So what?

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October 14, 2015, 01:24:34 PM
Last edit: October 14, 2015, 01:44:47 PM by n2004al
 #176

Let's be honest. Gambling should only be considered for entertainment purposes only. If you are in need of quick cash, doing hard dirty work is more often than not better than hitting up the casino sites. I see way too many people in this section try to justify their gambling habits by saying they have strategies to always win. Others on this forum will go as far as to say that they are professional gamblers, and they always win. You're fooling no one and you look stupid.

All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.

And just to let you guys know, ALL the casinos in my jurisdiction say the same things in public advertising campaigns. So far, my sig campaign manager has not PM'ed me telling me to quit bashing gambling. Nobody wins gambling, so lets stop pretending anyone here makes a living gambling online.

As the community manager and signature campaign director for a gambling site, I cannot stress this enough.
I have seen people wager more than they can afford to lose many times and it always leads to ruin - win or lose.

Gambling is for entertainment only, and is not a way to make money quick!
The Gambler's Fallacy is just that - a logical fallacy. You cannot predict a table or a game!

Never wager more than you are willing to lose!

It is a very big surprise for me your post (its content). I cannot imagine that one person like you (in your position) make such posts with these words and with that design (bold and big letters for the important things). Congratulations for this.

But do you know that not all the people are equal (even, we can't find two the same; even if are twins) and most of the gamblers finish in addiction from this kind of "entertainment"? Why you did not put limits in overall amounts with which one person can gamble or better, if someone go over one limit in loss of money must stop to gamble (from the machine or from you) and sent at his home?

why would any gambling website do this?!!!
the more users bet and lose, the more they will earn. so if they put a stop on user's bets, amount lost, then they are harming their business. it is not a charity you know.

as stingleword said, people should stop themselves and have self control. it is not anybody else's responsibility to that for them.

You're wrong. To many people lose the control of itself for various reasons. Theoretically every human being named homo sapiens have this characteristic. But not all in the same field or way. Some more easy, some more hard and some other much much harder. If you find "the key" everyone can be addicted to something. Maybe a little, maybe to much and maybe so much that can classified as a disease. It is enough to find the field and to find the way. So your words are not correct. The above wrote from me are applied in a certain way and in only one direction by the hypnotist. They find the key that you, for a certain time, be addicted by him.

So your above words are not true always. Not everyone can stop themselves and not everyone have self control. Gambling is one of the fields of activity which is known that produce more addiction than almost all the other actions or activities. This people must be protected. And if the casinos or online gambling owners will be a little responsible must protect them by the destruction of themselves.
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October 14, 2015, 01:28:08 PM
 #177

indeed you said it just right.
when you gamble long time. you will just,
really lose it all. i experience this many times already.
so when you gamble and won about 100% or 150% of your depposit.
dont be greedy and withdrawal it all.
or you will just lose it all.
ive learn my lessons already. so hope some of you too.

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October 14, 2015, 01:38:50 PM
 #178

-snip-
All the gambling addicts I knew in real life who claimed to win from casinos all the time had serious mental issues. I went gambling with that guy once, and he ended up blaming me for him loosing at Pai Gow poker, a game that's 100% chance.
-snip-
That is something that I observed as well. Gamblers tend to be pretty superstitious individuals. Falling for every possible fallacy.
That is the main reason we see so many 'surefire strategies' and 100% legit gambling systems. While in reality it is all worthless nonsense.

There are three type of gamblers either in real life or in online.

  • Not too serious & Just for fun
  • Too serious & Play with idea to make living with gambling
  • As you two said, they had mental issues

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October 14, 2015, 02:31:49 PM
 #179

For casino games, it is not wrong you will lose in the long run because of the house edge.
I don't play casino games because it is a waste of time.

     

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October 14, 2015, 02:57:54 PM
 #180

For people to truly understand this loss in the long run thing , one must experienced it to fully know the output of doing gambling for a long run.
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