thejaytiesto
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December 14, 2015, 06:39:05 PM |
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why casino is always profitable bcoz most people will lose and that is a true ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Casino's are always profitable even if somebody wins because the way casino plays they will let someone win and the other lose but their are plenty times for the losing part, and casino's tend to let you will at first but will let you lose on the end. Casinos are not afraid of you winning their money but they are more afraid of you not betting with them. When you bet more often, you have a higher chance to lose with the house edge. This is one of the reason why casinos give you freebies to encourage you to return to bet. Do not play gamble is the best choice. Even the casino owner itself know, they will lose when they bet againts the house edge. More bets you make, more chances you will lose. That is the fact. Well the good thing about Bitcoin is you can find probability fair games and you can not only find those but check the code and verify that the transactions are indeed valid, in this sense Bitcoin gambling is way safer than going into a rigged casino where they will never show you the insides of the machines.
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LuckyYOU
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December 14, 2015, 08:42:17 PM |
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House will always have the most profits, doesn't matter how much you win. In the end you will lose more than you win. Unless you're some kind of pro gambler and now all the strategies to keep on winning.
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jpouza
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December 14, 2015, 08:49:39 PM |
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I like to bet only on betting exchanges like betfair. Buy a cheap odds and sell it on a high price. Betfair-Trading on sports ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This is something new for me, thanks for the post. And yes, everybody loses in the long run ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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YuginKadoya
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December 16, 2015, 01:01:35 PM |
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House will always have the most profits, doesn't matter how much you win. In the end you will lose more than you win. Unless you're some kind of pro gambler and now all the strategies to keep on winning.
Yup! most certainly house will definitely overcome your good game but technically you can earn some on gambling if you know when to stop and learn how to gamble moderately you can bet once a day or twice a day that is enough betting so you won't lose much!
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Punggawa
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December 16, 2015, 02:17:41 PM |
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when you win it is good to wd your money, i think we can't get profit for the long run
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DimensionZ
Sr. Member
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Shit, did I leave the stove on?
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December 16, 2015, 02:59:32 PM |
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When you are head it's better to stop before you end up on a bad streak and bankrupt.
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rivoke
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December 16, 2015, 04:07:37 PM |
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House will always have the most profits, doesn't matter how much you win. In the end you will lose more than you win. Unless you're some kind of pro gambler and now all the strategies to keep on winning.
Yup! most certainly house will definitely overcome your good game but technically you can earn some on gambling if you know when to stop and learn how to gamble moderately you can bet once a day or twice a day that is enough betting so you won't lose much! But how some people can win against house edge ? For example Dan Bilzerian is pro poker player that able to defeat house edge. And now he's enjoying his wealth with girls & gun
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andycarrol
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December 16, 2015, 04:13:13 PM |
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when you win it is good to wd your money, i think we can't get profit for the long run
but after we win and make a withdrawal, we always want to bet for the next day and finally all lost
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shulio
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December 16, 2015, 04:19:23 PM |
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But how some people can win against house edge ? For example Dan Bilzerian is pro poker player that able to defeat house edge. And now he's enjoying his wealth with girls & gun
There is no edge in poker so there are alot of pro poker player that win alot of thousand of dollar everytime they play. In poker you play with human as well and the house only take rake so there is no house edge in poker
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BTCevo
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December 16, 2015, 05:22:30 PM |
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House will always have the most profits, doesn't matter how much you win. In the end you will lose more than you win. Unless you're some kind of pro gambler and now all the strategies to keep on winning.
It is true that house will always win but if you smart enough like winning about 50% or even 100% of your balance you should stop it. So literally you will consider beat the house. This is gambling sometimes you will win and lose there is no guarantee on this kind of things. Same goes to pro gambler they can't keep on winning every bet like that, sure they loss but they can maintain their profit before they lose everything
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MaritiJames3
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December 16, 2015, 06:34:32 PM |
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Yes, it's true that everyone loses in the long run. Because it doesn't matter how much you win, your losses will be bigger than your winnings. Somehow in some way the house and casino's will always win.
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Pollak
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Pollak
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December 16, 2015, 07:17:03 PM |
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Yes, everyone looses in the long run that's why you shouldn't gamble everyday. It's best to gamble only for entertainment. The house will always win either way.
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fravia
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December 16, 2015, 07:18:36 PM |
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of course everyone looses in a long term because of a wide variety of reasons first of all nearly every person is very greedy and does not know when to stop gambling, secondly every casino has a house edge which is impossible to beat thats why people always loose
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lite
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December 16, 2015, 07:37:03 PM |
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When you are head it's better to stop before you end up on a bad streak and bankrupt.
Well when someone is on good winning streak/won lot of money they just don't stop, they want more and more money lol..
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n2004al
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December 21, 2015, 01:54:45 PM |
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House will always have the most profits, doesn't matter how much you win. In the end you will lose more than you win. Unless you're some kind of pro gambler and now all the strategies to keep on winning.
Have you meet in your life only one of that kind of "pro gamblers"? Have you seen in your life only one of that kind of species? Or you have seen them only on the Hollywood movies. I bet that is only the second option. Because cannot be "pro" someone in something when the word "pro" have no meaning. To be "pro" mean to be professional. How can be possible to be professional in something who want only LUCK and nothing else? Except some rare games played face to face or only with your own which maybe have to do a little with some knowledge or psychology (but that have nothing to do with the being or naming the players as "pro") all the other kind of gambling at casinos or in online gambling sites want only LUCK. That doesn't mean at all that someone of them named above, independently in which of groups is classified, including here all the other possible gamblers of every kind, are immune from the lose for sure in long term. The latest named end is inevitable for everyone who gamble. For to many reasons. To name some, addiction and proud to be invincible firsts and then the satisfaction that is proven in lose money or the desire to be within a casino only to be here and to feel part of the world of gambling - and then spent there all your money.
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Oscoda
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December 21, 2015, 01:57:55 PM |
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If you gamble everyday then yes you will lose in the long run. There's no denying in that. The house will always be the more profitable party in gambling. This is why it's best to gamble just for entertainment and when you can afford it.
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pawel7777
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December 21, 2015, 02:09:20 PM |
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House will always have the most profits, doesn't matter how much you win. In the end you will lose more than you win. Unless you're some kind of pro gambler and now all the strategies to keep on winning.
Have you meet in your life only one of that kind of "pro gamblers"? Have you seen in your life only one of that kind of species? Or you have seen them only on the Hollywood movies. I bet that is only the second option. Because cannot be "pro" someone in something when the word "pro" have no meaning. To be "pro" mean to be professional. How can be possible to be professional in something who want only LUCK and nothing else? Except some rare games played face to face or only with your own which maybe have to do a little with some knowledge or psychology (but that have nothing to do with the being or naming the players as "pro") all the other kind of gambling at casinos or in online gambling sites want only LUCK. That doesn't mean at all that someone of them named above, independently in which of groups is classified, including here all the other possible gamblers of every kind, are immune from the lose for sure in long term. The latest named end is inevitable for everyone who gamble. For to many reasons. To name some, addiction and proud to be invincible firsts and then the satisfaction that is proven in lose money or the desire to be within a casino only to be here and to feel part of the world of gambling. 'Pro' means you do make a living by gambling. Whether it's down to luck or skills is not that relevant. Out of curiosity, would you say that brain-surgeries cannot be classed as profession as there's always some luck factor involved, with some of procedures having only small % chances of going right. There's also huge difference between playing 'luck' games (dice, roulette etc) and poker or sport betting.
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AtheistAKASaneBrain
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December 21, 2015, 02:45:56 PM |
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If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, then you end up lossing it all.
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jpouza
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December 25, 2015, 10:56:43 PM |
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If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, then you end up lossing it all.
OP is right, everyone looses in the long way, no one get alive in this territory.
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YuginKadoya
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December 29, 2015, 11:22:36 AM |
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If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, then you end up lossing it all.
OP is right, everyone looses in the long way, no one get alive in this territory. Yup! certainly I say to you that gambling is just for losing money, ending in a state that you will never turn your back in gambling will make you no good and could cause addiction in your part, but you can gamble because gambling is not wrong it is on the person if he's gonna abuse it.
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