dodgecharger
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January 15, 2016, 04:25:33 AM |
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Yes, every long term gamblers are losing to the house. If you are lucky one time, you will risk more and end up giving back the money. If you play with faucet there's nothing to lose (except your time) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Time is more important than the money. I'm not sure if anyone is willing to lose their time when one can earn more money with their time? Actually time is gold if you just claiming in faucet to gamble its wasting your time. Time is very important to do something worth it than claiming in any faucet. I used to view faucets when I start to know bitcoin and there is no way for me to get bitcoin. Faucet is the most easy and quick way for me to get satoshi and start learning how to use it.
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Supercrypt
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January 15, 2016, 11:58:49 AM |
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Yes, every long term gamblers are losing to the house. If you are lucky one time, you will risk more and end up giving back the money. If you play with faucet there's nothing to lose (except your time) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Time is more important than the money. I'm not sure if anyone is willing to lose their time when one can earn more money with their time? Actually time is gold if you just claiming in faucet to gamble its wasting your time. Time is very important to do something worth it than claiming in any faucet. I used to view faucets when I start to know bitcoin and there is no way for me to get bitcoin. Faucet is the most easy and quick way for me to get satoshi and start learning how to use it. Faucets can be good if you are really new to bitcoin but once you at least spend 1 month with faucets, you should stop using it, cause I feel its just too harsh to get some satoshi every hour. Yes everyone looses in long run, and surely if uncontrolled.
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23dzmaz
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January 15, 2016, 12:04:58 PM |
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Yes, every long term gamblers are losing to the house. If you are lucky one time, you will risk more and end up giving back the money. If you play with faucet there's nothing to lose (except your time) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Time is more important than the money. I'm not sure if anyone is willing to lose their time when one can earn more money with their time? Actually time is gold if you just claiming in faucet to gamble its wasting your time. Time is very important to do something worth it than claiming in any faucet. I used to view faucets when I start to know bitcoin and there is no way for me to get bitcoin. Faucet is the most easy and quick way for me to get satoshi and start learning how to use it. Faucets can be good if you are really new to bitcoin but once you at least spend 1 month with faucets, you should stop using it, cause I feel its just too harsh to get some satoshi every hour. Yes everyone looses in long run, and surely if uncontrolled. Yes, spending your time on faucets is not good for long-term. because it's really waste your time, better you spend your time into signature campaign or get a job in real life. it's more effective then faucets imo.
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maku
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January 15, 2016, 12:17:55 PM |
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Faucets can be good if you are really new to bitcoin but once you at least spend 1 month with faucets, you should stop using it, cause I feel its just too harsh to get some satoshi every hour. Yes everyone looses in long run, and surely if uncontrolled.
Faucets are only good for totally new people. I suspect they are used by people who don't know how low they are earning with them. As yourself this question: 'Do you find betting less than 1 cent is fun in the long run?' For some gamblers maybe, but then what different that is from playing a demo mode?
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Boosterious
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The mind is everything. What you think you become.
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January 15, 2016, 12:18:24 PM |
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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.
i am agree with your head post,everyone losses in the long run,just becuse they never sastify when they won,they want bigger amount and bigger won,but i dont agree if you said gambling should only be considered for entertainment purposes only,i think gambling can uses for more than that,like investement and quick way t got some money.
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mobnepal
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January 15, 2016, 12:55:03 PM |
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thats the right opinion, its impossible to beat the house after a long run and nobody should try to do that, i think that it is way better to just play poker where is no house edge
I have gone through some of the blockchain based games and found out there is no house edge like think directly but it completely depends on your luck. And also i like them because we can prove the every result we get there. I am quite new to it but trying my best to get some profit out of them.
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DomesticTrader
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January 15, 2016, 01:07:17 PM |
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True playing in long term with gambling you will always lose. Is difficult to earn your money back in just one day or long term.
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adibe
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January 15, 2016, 01:16:59 PM |
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True playing in long term with gambling you will always lose. Is difficult to earn your money back in just one day or long term.
If dice sites, yes you always lose if you gambling for long term. but for sportsbook i think you can go gambling with long-term, because it's not about provably shitty fair.
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krunox123
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January 15, 2016, 01:19:17 PM |
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If you play with faucet there's nothing to lose (except your time) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Time is more important than the money. I'm not sure if anyone is willing to lose their time when one can earn more money with their time? Well, time is important yeah right but more hurting is the scene when a guy spends a year with gambling, ruining his studies or jobs and at the ends he ends up loosing money and time and yes business and study time. Well, there is nothing we can do if the person choose gambling more than his business or the knowledge. We can't force someone to do something when he don't have the will to do it. If you play with faucet there's nothing to lose (except your time) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Time is more important than the money. I'm not sure if anyone is willing to lose their time when one can earn more money with their time? Actually time is gold if you just claiming in faucet to gamble its wasting your time. Time is very important to do something worth it than claiming in any faucet. Precisely. Time is gold and claiming dusts on faucets is just wasting your time.
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Life sucks.
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2legit2
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January 15, 2016, 03:28:32 PM |
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if you will play without any limits and without thinking you will surely lose all the money you have because the house edge would destroy you pretty fast
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quadriple7
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January 15, 2016, 03:36:09 PM |
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True playing in long term with gambling you will always lose. Is difficult to earn your money back in just one day or long term.
if you play it in the right way, not pushing your luck too much you will surely manage to make some small money out of it, the biggest mistake gamblers make is that they are greedy
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futurebit640
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January 16, 2016, 09:48:12 AM |
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if you will play without any limits and without thinking you will surely lose all the money you have because the house edge would destroy you pretty fast
If I'm not wrong, if you gamble for long time whether thinking or without thinking one will surely lose money in gambling because of house edge because there is no strategy to win against house edge. So it is better to avoid gamble every day and play only sometimes. I do betting in sports some times and I chose some games to bet.
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krunox123
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January 16, 2016, 10:17:47 AM |
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If I'm not wrong, if you gamble for long time whether thinking or without thinking one will surely lose money in gambling because of house edge because there is no strategy to win against house edge.
So it is better to avoid gamble every day and play only sometimes. I do betting in sports some times and I chose some games to bet.
I'm pretty sure most of the time people who gamble will not think the consequences because all they want is just the profit. No offense.
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Life sucks.
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titibach
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January 16, 2016, 10:48:41 AM |
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If I'm not wrong, if you gamble for long time whether thinking or without thinking one will surely lose money in gambling because of house edge because there is no strategy to win against house edge.
So it is better to avoid gamble every day and play only sometimes. I do betting in sports some times and I chose some games to bet.
I'm pretty sure most of the time people who gamble will not think the consequences because all they want is just the profit. No offense. One more thing is when people gamble they dont know at what time the best for them to stop play. Eg: You win 2 BTC and when that greedy thing comes, they think why stop at 2 BTC when they can double it to 4 BTC and more rich
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smho_16
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January 16, 2016, 11:20:25 AM |
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Not 100% correct....but I really agree this statement
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BitMaxz
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BTC price road to $80k
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January 16, 2016, 12:09:16 PM |
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True playing in long term with gambling you will always lose. Is difficult to earn your money back in just one day or long term.
I think not everyone can be lose in the long run like in live poker some people can win on this kind of game and it needs patience To make profit with your capital and its depends of your base skills...
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DiscoverCebu
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January 16, 2016, 12:15:49 PM |
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I think not everyone can be lose in the long run like in live poker some people can win on this kind of game and it needs patience To make profit with your capital and its depends of your base skills...
Change of terms(house edge to fee) doesn't necessarily mean that you will always win. The casino takes a small rakeback which being similar to house edge will cause you to lose if you keep playing.
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pocarime32
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January 16, 2016, 12:19:42 PM |
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I'm agree too with that statement. Everyone loses in the long run, but i think it's only effect on casino that have provably fair. like dice sites, blackjack and etc. for sportsbook i think long run is fine in the long run.
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HarizDB
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January 16, 2016, 12:38:49 PM |
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The statement is true for the majority of people. The ones who does lose, are the ones who are naive, and ho doesn't know how, why and when to stop playing further. As long as you have some knowledge about he game your playing, and have a strategy, you'll have the ability to make money in the long run. I don't have a clue how to play Poker or BlackJack, that's a reason why I'm not playing it.
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notaek
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January 16, 2016, 05:34:47 PM |
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Not every gambler generally loses their bankroll in the long run. People that make a living in casinos do so by creating a statistical advantage over the house.
In poker there is a rake (which gives the house an overall advantage), but since you are playing against other people and not the house, you can overcome that edge with your strategic skills.
In blackjack, a player can count cards (if he is playing from the beginning) and create a statistical advantage over the house.
People in sports betting can create a statistical advantage by being better at setting lines on the people who make the lines for casino sportsbook, and making positive expectation bets when the lines are in their favor.
In craps, a player can throw the dice in a certain way that can create a statistical advantage for the player. There are also people who "grind out" small wins at craps by making high percentage bets (mostly they don't pass the line). While they do not technically have an advantage over the house, the edge is so small that when combined with casino comps and proper money management, they can come out ahead in the long run.
In case of video poker as well as Roulette, you'll generally lose in long run as it is purely a prediction type game and house edge is huge.
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