Bitcoin Forum
July 04, 2024, 07:02:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 ... 140 »
  Print  
Author Topic: Everyone looses in the long run  (Read 96729 times)
NewBet
Hero Member
*****
Offline Offline

Activity: 966
Merit: 500


View Profile
April 29, 2016, 11:48:23 AM
 #661

I think gambling is a game, winning and losing are part of that game. So in short run, or long run you will experience both things. I believe we can make profit in casino on long run, I think I have positive balance in gambling. People will need to learn how to gamble before they go to casino.


No, gambling is gambling, you will not profit in the long run as it is gambling, the winning chance is much smaller than losing...Whatever kind of gambling it is, chance of bankruptcy is very big than becoming a millionaire..
Yes , the chance to lose is higher than winning, 70% lose - 30% win
But still there are many peoples dare to try gambling
ChrisPop
Legendary
*
Offline Offline

Activity: 2310
Merit: 1033

Not your Keys, Not your Bitcoins


View Profile
April 29, 2016, 11:53:34 AM
 #662

Yes, gambling on luck based games will get you "broke" in the long run but playing more skill based games like poker,blackjack,etc. could bring you profits in the long run. But of course you need strong strategies.
Many people think that sports betting is a form of gambling and as in other board games you will lose but in my oppinion sport betting is a way to win money by in-depth analysing of the matches. Of course in every match luck is involved too,but in very low percentages as the quality of a team&tactics will always "say it's word".
emberbekas
Legendary
*
Offline Offline

Activity: 1904
Merit: 1000



View Profile
April 29, 2016, 11:59:07 AM
 #663

I do realize that gambling will lead me to the poverty but frankly I cant stop it now. I dont know what was happen with me. Sure, everyone will end up in lossing if he continued gambling activity. There are a bunch of example from people near us. A lot of my friends already stopped this activity due to they had nothing right now. My conclusion is eveybody will lose in the long run. Thats why all religions arent allowed this activity and a lot of goverment around the world marked this activity as illegal.

BTCLovingDude
Legendary
*
Offline Offline

Activity: 1134
Merit: 1010

BTC to the moon is inevitable...


View Profile WWW
April 29, 2016, 12:08:33 PM
 #664

gambling is only based on luck so all these topics that are about "everybody" losing or winning are all wrong. because they are trying to make a rule out of something that is not following any rules, LUCK.

so you cannot say "everybody" looses or wins in the long run because there may be somebody who has won in the long run because he was lucky.

--looking for signature--
Hatuferu
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000

https://trueflip.io/


View Profile
April 30, 2016, 02:00:17 AM
 #665

gambling is only based on luck so all these topics that are about "everybody" losing or winning are all wrong. because they are trying to make a rule out of something that is not following any rules, LUCK.

so you cannot say "everybody" looses or wins in the long run because there may be somebody who has won in the long run because he was lucky.
Based on luck if you gamble on a dice sites or any gambling type that does not need a skills to win. Try to do it in sports betting so could win a lot if you can consistently pick winners, gambling in a sportsbook is exciting because of a different scenarios you see in a daily basis. Therefore if you don't want to get bored go for sports gambling and it is said that it is the only gambling form where you can win in the long run other that poker and blackjack.

  ▃▃▃▂▂▂▂▂▃▃▃▃                                      ▃▃▃▂▂▂▃▃▃                         
   ██████████████████                                        █████████████     ████                 
   ██████████████████                                        █████████████     ████                 
          ████                                               ████                                   
          ████   █████ █████ ████   █████    █████████       ████       ████   ████  ███████████   
          ████   ▀█████████▀ ████   ████    ████   ████      █████████  ████   ████   ████  █████   
          ████    ████▀ ▀▀▀  ████   ████   ████     ████     █████████  ████   ████   ████    ████ 
          ████    ████       ████   ████   █████████████     ████       ████   ████   ████    ████ 
          ████    ████       ███████████▄   ████             ████       ████   ████   ████   █████ 
          ████    ████       █████  ███████  ████  ████      █████      ████   ████   ███████████   
         ▄████▄   ████        ███     ███      ██████        █████      ████   ████   █████████     
                                                                                      ████         
                                                                                      ████         
                                                                             █▀▀   
Blockchain Fair Games
|
Truly one of a kind games:
MAGIC DICE   CHAIN'S CODE   PIRATE BAY
MINING FACTORY      RAPID TO THE MOON
|

400 BTC
★ PRIZE FUND ★
|

WEEKLY GIWEAWAYS
Join our community!
150% BONUS
First-time deposit
VISA  🔴🌕  50+coins

CERTIFIED RNG
100% TRANSPARENT
PROVABLY FAIR
roadbits
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000


View Profile
April 30, 2016, 02:42:20 AM
 #666

I do realize that gambling will lead me to the poverty but frankly I cant stop it now. I dont know what was happen with me. Sure, everyone will end up in lossing if he continued gambling activity. There are a bunch of example from people near us. A lot of my friends already stopped this activity due to they had nothing right now. My conclusion is eveybody will lose in the long run. Thats why all religions arent allowed this activity and a lot of goverment around the world marked this activity as illegal.

Yes, what you said is very correct. This habit is very dangerous for any one so if possible don't start it. If you already addicted to this online gambling then you need to find some outdoor activities to keep yourself busy in your free time to avoid gambling. Also try to spend more time with your family and non gambling friends so that you can discuss non gambling topics.
richjohn
Sr. Member
****
Offline Offline

Activity: 574
Merit: 255


View Profile
April 30, 2016, 02:45:13 AM
 #667

Well, gambling have a high chance to lose all your money, so we cannot deny that in the long run you also have to lose. The best way to have profits is to play and get profit at your beginning of play.
Hatuferu
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000

https://trueflip.io/


View Profile
April 30, 2016, 06:32:01 AM
 #668

Well, gambling have a high chance to lose all your money, so we cannot deny that in the long run you also have to lose. The best way to have profits is to play and get profit at your beginning of play.
You simple mean that we should not play in gambling longer. The longer we play the more chances we lose. I don't believe that everyone losses in the long run cause there are smart gamblers who make a living from gambling. Majority losses maybe but not everyone.

  ▃▃▃▂▂▂▂▂▃▃▃▃                                      ▃▃▃▂▂▂▃▃▃                         
   ██████████████████                                        █████████████     ████                 
   ██████████████████                                        █████████████     ████                 
          ████                                               ████                                   
          ████   █████ █████ ████   █████    █████████       ████       ████   ████  ███████████   
          ████   ▀█████████▀ ████   ████    ████   ████      █████████  ████   ████   ████  █████   
          ████    ████▀ ▀▀▀  ████   ████   ████     ████     █████████  ████   ████   ████    ████ 
          ████    ████       ████   ████   █████████████     ████       ████   ████   ████    ████ 
          ████    ████       ███████████▄   ████             ████       ████   ████   ████   █████ 
          ████    ████       █████  ███████  ████  ████      █████      ████   ████   ███████████   
         ▄████▄   ████        ███     ███      ██████        █████      ████   ████   █████████     
                                                                                      ████         
                                                                                      ████         
                                                                             █▀▀   
Blockchain Fair Games
|
Truly one of a kind games:
MAGIC DICE   CHAIN'S CODE   PIRATE BAY
MINING FACTORY      RAPID TO THE MOON
|

400 BTC
★ PRIZE FUND ★
|

WEEKLY GIWEAWAYS
Join our community!
150% BONUS
First-time deposit
VISA  🔴🌕  50+coins

CERTIFIED RNG
100% TRANSPARENT
PROVABLY FAIR
smho_16
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
April 30, 2016, 06:36:55 AM
 #669

Thats the sad destiny of anyone who thinks he can beat the house in the long run, unfortunately no one can beat the house in the long run as they have the house edge, which in the long run it will come into play and making the gambler lose. There are very few lucky people called a whale who can be lucky and win a big jackpot, this percentage is less than 0.001% unfortunately. No official statistic just my thought.
Herbert2020
Legendary
*
Offline Offline

Activity: 1946
Merit: 1137


View Profile
April 30, 2016, 06:52:58 AM
 #670

Thats the sad destiny of anyone who thinks he can beat the house in the long run, unfortunately no one can beat the house in the long run as they have the house edge, which in the long run it will come into play and making the gambler lose. There are very few lucky people called a whale who can be lucky and win a big jackpot, this percentage is less than 0.001% unfortunately. No official statistic just my thought.

that's true, it has already been proven by time. nobody can beat the house in the long run because it is not possible, maybe it happens once but that would be dumb luck and that is something none repetitive. history shows that all these casinos (the house) are profiting which means people are losing!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
Zooplus
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000


View Profile
April 30, 2016, 08:50:03 AM
 #671

Thats the sad destiny of anyone who thinks he can beat the house in the long run, unfortunately no one can beat the house in the long run as they have the house edge, which in the long run it will come into play and making the gambler lose. There are very few lucky people called a whale who can be lucky and win a big jackpot, this percentage is less than 0.001% unfortunately. No official statistic just my thought.

that's true, it has already been proven by time. nobody can beat the house in the long run because it is not possible, maybe it happens once but that would be dumb luck and that is something none repetitive. history shows that all these casinos (the house) are profiting which means people are losing!
That is why casinos are making more money because many gamblers loses a lot. They can lose any time a huge amount of money. Usually the rich when into gambling they bet huge amount and lose that eventually then you could tell that the house or gambling sites/establishment is making a lot of money at a short time.
katrimans
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500



View Profile
April 30, 2016, 08:54:01 AM
 #672

True, very true lol.
U will lose in the end
shadobitz
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile
April 30, 2016, 09:02:24 AM
 #673

I am also pretty sure it is really hard task to be profitable into long term gambling because every casino designed to make profit and the house edge is more tricky than us, it is really bad thinking we think we can get back our money from any casino to beat house edge and it make situation much bad than ever.
Betwrong
Legendary
*
Offline Offline

Activity: 3332
Merit: 2188


I stand with Ukraine.


View Profile
April 30, 2016, 09:07:45 AM
 #674

Everyone looses in the long run? Yeah, right, but isn't that the case with everything? I know some people should stop gambling because they are really addicted and it's a medical condition, but if you are not addicted and just gambling for fun from time to time I think you shouldn't poison your experience with thoughts like that.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
Zooplus
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000


View Profile
April 30, 2016, 10:23:24 AM
 #675

I am also pretty sure it is really hard task to be profitable into long term gambling because every casino designed to make profit and the house edge is more tricky than us, it is really bad thinking we think we can get back our money from any casino to beat house edge and it make situation much bad than ever.
Yes that is hard but its possible, only real talented person can profit in gambling and they don't just do it without hard work. If one is really serious in gambling he can possess all the essential skills and characteristics to be successful in gambling. That should be a package being intelligent and be able to manage ones self.
morepounds
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
April 30, 2016, 01:27:01 PM
 #676

I am also pretty sure it is really hard task to be profitable into long term gambling because every casino designed to make profit and the house edge is more tricky than us, it is really bad thinking we think we can get back our money from any casino to beat house edge and it make situation much bad than ever.
Yes that is hard but its possible, only real talented person can profit in gambling and they don't just do it without hard work. If one is really serious in gambling he can possess all the essential skills and characteristics to be successful in gambling. That should be a package being intelligent and be able to manage ones self.
So true. Gambling is like my job and I love it
RoommateAgreement
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


Bazinga!


View Profile
April 30, 2016, 02:58:30 PM
 #677

everybody loses in gambling and only if you are lucky then you will lose in the long run and if you are not lucky then you will lose in short term and in the begining.

Buying the dip...
Text
Hero Member
*****
Offline Offline

Activity: 2422
Merit: 592


Bitcoin Casino Est. 2013


View Profile
April 30, 2016, 03:24:17 PM
 #678

Right, at the beginning if you really know that you have already make a profit then stop, don't be so greedy because at the first place it can't help you. You must have to set a limitation by yourself and you should know that. I believe in the saying too much is bad.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
socks435
Legendary
*
Offline Offline

Activity: 2016
Merit: 1030

Privacy is always important


View Profile
April 30, 2016, 03:58:02 PM
 #679

Right, at the beginning if you really know that you have already make a profit then stop, don't be so greedy because at the first place it can't help you. You must have to set a limitation by yourself and you should know that. I believe in the saying too much is bad.
Yeah your right too much is bad even your just drinking beers or smoking... be satisfied and dont greedy and i think you can make a profit even small amount each day.. or weeks.. so that it cant drain your wallet..

Solving blocks can't be solved without my rigs.
lorylore
Legendary
*
Offline Offline

Activity: 1470
Merit: 1002



View Profile
April 30, 2016, 04:02:53 PM
 #680

Right, at the beginning if you really know that you have already make a profit then stop, don't be so greedy because at the first place it can't help you. You must have to set a limitation by yourself and you should know that. I believe in the saying too much is bad.

but usually people dont know when to stop. Cause when you are in luck, you should be trying to max your luck. The sad thing is you dont know when your luck end and it takes a handful of loss to determine that. So by then when you realise it, you are already almost return them the profit or may even be in the red.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 [34] 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 ... 140 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!