Everyone looses in the long run

[poplolnman]

yes basically gambling is good for the short term, so we're not too greedy and know when to stop.
but when I play in a long period of time, it is always a defeat.

Yeah folks tend to win in short-run but once they start winning they think they are super lucky/will not lose lol and gamble till their balance is 0 and that's how the addiction starts.

True gambling should be taken as just a simple light hobby; too much of it can cause you to lose a lot if you make unnecessary bets. Play responsibly and enjoy your gamble. But try to make a point where you will quit after making a reasonable profit, otherwise these is every chance that you lose in the next gamble.

It you aim for profit in gambling you can never quit since as human as we are, we want to win all the time and if we lose we keep on betting since we don't want to end a way with a lose. It's better to treat gambling as pure entertainment so you will not be put in a risky situation.

it's basically true that gambling should considered as a hobby or an entertainment only but we must realize how much people can handle the human nature on us that always wants to win more and more , earn money in easy "looks" way ,end of words greedy is defeated us not a gambling itself.

[iv4n]

Sound butthurt to me.... Gambling in chance its not ment to be a full time career. And there are people who gamble full time and that is a fact you can argue as much as you want.

Its true because we cannot be rich in gambling as we will lose in the long run. Gambling should only be considered as an entertainment and nothing less or more. We should try to find other ways if we want to earn money but not in gambling.

Entertainment that can bring money, of course there is people who gamble everyday, I`m one of them. Its not my career, I already have a work. But its cause I don't have enough money to start doing that seriously.

Well let people do what they wish, not everyone lose in long run. There is people who know how to beat the code, how to be wiser then house.

In gambling you don't need to win all the time. Lose small, and if you hit it nice with higher bet you gona have nice win.

[Bitcoinbee]

In reality when we talk about resources it is like loosing all the way because any kind of entertainment, hobbies, fun, recreation, is a form of spending and is not mostly investing capitals to grow but investing for our health and relaxation from stress.  Could it be spending vacation, past time casinos, throwing big party's, We gain not for the capital but for the physical and mental aspect of ourselves.  So what looses in the long run if it benefit's something in our life? Anyway this is just another point of view. 

[futurebit640]

Yes this is partially correct lot of gamblers will lose in long run including me. But now i am thinking to not go for long run because of price increase now it's 530$ one BTC so if i win continues more than 6 to 7 games i will stop few hours or that day because that amount is huge compare to previous so i don't want to loose this opportunity at least now i will make some money.

[lienfaye]

yes basically gambling is good for the short term, so we're not too greedy and know when to stop.
but when I play in a long period of time, it is always a defeat.

you are right. we must have limitation when it comes to playing because if you cant control yourself you might lose big money instead of earning. though its true that gambling can be addicting i personally somehow feel fun when playing but im not addict.

[Finestream]

yes basically gambling is good for the short term, so we're not too greedy and know when to stop.
but when I play in a long period of time, it is always a defeat.

you are right. we must have limitation when it comes to playing because if you cant control yourself you might lose big money instead of earning. though its true that gambling can be addicting i personally somehow feel fun when playing but im not addict.

As long as you treat gambling as a form of entertainment then you are good to stay doing it even regularly, we must maintain our discipline when gambling cause the moment we lost our discipline then we will start to have a negative approach in gambling. Time will come that we will gamble only for the sake of profit when we don't have a good chance in the long run. Because everyone losses in the long run we should just play it for fun and nothing more.

[sana54210]

yes basically gambling is good for the short term, so we're not too greedy and know when to stop.
but when I play in a long period of time, it is always a defeat.

you are right. we must have limitation when it comes to playing because if you cant control yourself you might lose big money instead of earning. though its true that gambling can be addicting i personally somehow feel fun when playing but im not addict.

You must be just a beginner with gambling. Most of the gamblers are making some fun in their initial times either by making profit or by enjoying their gambling situations. But in long ran with a gambling they are getting into addicted for the seek of repetition of their entertainment then the real problem begins.

[Positid]

yes basically gambling is good for the short term, so we're not too greedy and know when to stop.
but when I play in a long period of time, it is always a defeat.

you are right. we must have limitation when it comes to playing because if you cant control yourself you might lose big money instead of earning. though its true that gambling can be addicting i personally somehow feel fun when playing but im not addict.

You must be just a beginner with gambling. Most of the gamblers are making some fun in their initial times either by making profit or by enjoying their gambling situations. But in long ran with a gambling they are getting into addicted for the seek of repetition of their entertainment then the real problem begins.

Most of the new gamblers did not experience what the old gamblers had in their lives, it really takes time to learn in gambling and you need to learn it from your mistakes. New gamblers are lucky if they were able to follow this thread because they don't need to learn gambling in the hard way, they just learn from old gamblers like us.

[Altcoinsupporter]

The chance is really low that you can earn some profit with gambling and that is because you need to be lucky with gambling and that can be bad if that is going to happen.
But you have to know that it needs also a big investment to win some otherwise the chance will be almost impossible for you.

[Capradina]

Yes this is partially correct lot of gamblers will lose in long run including me. But now i am thinking to not go for long run because of price increase now it's 530$ one BTC so if i win continues more than 6 to 7 games i will stop few hours or that day because that amount is huge compare to previous so i don't want to loose this opportunity at least now i will make some money.

Very true, but it can be dihidari if you do your gambling with technique and a very special way, because every gambling certainly has weaknesses that can be known. But it also takes quite a long time and deplete the time to find the flaws.

[Zooplus]

Yes this is partially correct lot of gamblers will lose in long run including me. But now i am thinking to not go for long run because of price increase now it's 530$ one BTC so if i win continues more than 6 to 7 games i will stop few hours or that day because that amount is huge compare to previous so i don't want to loose this opportunity at least now i will make some money.

Very true, but it can be dihidari if you do your gambling with technique and a very special way, because every gambling certainly has weaknesses that can be known. But it also takes quite a long time and deplete the time to find the flaws.

Let me say this over and over again, gambling has no technique and tactics to beat the gambling sites or the house because they are designed to take our money, they do business for profit while they want to entertain us so the title of the thread is just right " Everyone looses in the long run", but the spelling is just the problem though, should be losses. LOL

[Bitcoinbee]

Yes this is partially correct lot of gamblers will lose in long run including me. But now i am thinking to not go for long run because of price increase now it's 530$ one BTC so if i win continues more than 6 to 7 games i will stop few hours or that day because that amount is huge compare to previous so i don't want to loose this opportunity at least now i will make some money.

Very true, but it can be dihidari if you do your gambling with technique and a very special way, because every gambling certainly has weaknesses that can be known. But it also takes quite a long time and deplete the time to find the flaws.

Let me say this over and over again, gambling has no technique and tactics to beat the gambling sites or the house because they are designed to take our money, they do business for profit while they want to entertain us so the title of the thread is just right " Everyone looses in the long run", but the spelling is just the problem though, should be losses. LOL

Winning games in online casinos and in game houses have different possibilities.  Playing in casinos with human dealers is not a program chances in winning is based on how you analyze the game in progress especially in card games.  for online casinos to win is to beat the elusive program for you to win.

[hua_hui]

Yes this is partially correct lot of gamblers will lose in long run including me. But now i am thinking to not go for long run because of price increase now it's 530$ one BTC so if i win continues more than 6 to 7 games i will stop few hours or that day because that amount is huge compare to previous so i don't want to loose this opportunity at least now i will make some money.

Very true, but it can be dihidari if you do your gambling with technique and a very special way, because every gambling certainly has weaknesses that can be known. But it also takes quite a long time and deplete the time to find the flaws.

Let me say this over and over again, gambling has no technique and tactics to beat the gambling sites or the house because they are designed to take our money, they do business for profit while they want to entertain us so the title of the thread is just right " Everyone looses in the long run", but the spelling is just the problem though, should be losses. LOL

Winning games in online casinos and in game houses have different possibilities.  Playing in casinos with human dealers is not a program chances in winning is based on how you analyze the game in progress especially in card games.  for online casinos to win is to beat the elusive program for you to win.

most table games, whether it is in real life or online should have the same probability because they all follow the same system. However, games like slotted are pre-set programs that determine the number of winners or losers already.

[cjmoles]

Stating that "EVERYBODY" loses in the long run is just pure rubbish.  For there to be losers, there must be winners, right?  And, I might be saying this bluntly, but casinos win in the long run because the odds are in their favor.  Hello! Anybody home?  What's that mean? It means that those people who wager on large volumes of events with favorable odds are going to win according to the law of very large numbers....Don't wager volumes on events with a negative expected value because you will lose in the long run!  Wager on events where the expected return is positive....play like the casino, not against the casino!

[MaritiJames3]

I agree with this on a long run the most people will lose a lot of money and even go to the minus numbers.
Its in my eyes logical gambling is fully depending on luck!

[Bitcoinbee]

Yes this is partially correct lot of gamblers will lose in long run including me. But now i am thinking to not go for long run because of price increase now it's 530$ one BTC so if i win continues more than 6 to 7 games i will stop few hours or that day because that amount is huge compare to previous so i don't want to loose this opportunity at least now i will make some money.

Very true, but it can be dihidari if you do your gambling with technique and a very special way, because every gambling certainly has weaknesses that can be known. But it also takes quite a long time and deplete the time to find the flaws.

Let me say this over and over again, gambling has no technique and tactics to beat the gambling sites or the house because they are designed to take our money, they do business for profit while they want to entertain us so the title of the thread is just right " Everyone looses in the long run", but the spelling is just the problem though, should be losses. LOL

Winning games in online casinos and in game houses have different possibilities.  Playing in casinos with human dealers is not a program chances in winning is based on how you analyze the game in progress especially in card games.  for online casinos to win is to beat the elusive program for you to win.

most table games, whether it is in real life or online should have the same probability because they all follow the same system. However, games like slotted are pre-set programs that determine the number of winners or losers already.

table games has a different sequence than in online, in table games a quick hand dealer cannot cheat deal with a clear eye viewing player.  Where as in a programmed dealer flipping cards is possible because you can not notice it and you will not know how the cards are being decked in sequence.

[Herbert2020]

Stating that "EVERYBODY" loses in the long run is just pure rubbish.  For there to be losers, there must be winners, right?  And, I might be saying this bluntly, but casinos win in the long run because the odds are in their favor.  Hello! Anybody home?  What's that mean? It means that those people who wager on large volumes of events with favorable odds are going to win according to the law of very large numbers....Don't wager volumes on events with a negative expected value because you will lose in the long run!  Wager on events where the expected return is positive....play like the casino, not against the casino!

statistically speaking everybody loses in the long run and the only handful of people who win are just lucky, that's all. you can't make a rule out of the exceptions. the general idea is that when you are gambling especially in games with house edge you are in a disadvantage so in the long run the house is winning over you.

[Finestream]

Stating that "EVERYBODY" loses in the long run is just pure rubbish.  For there to be losers, there must be winners, right?  And, I might be saying this bluntly, but casinos win in the long run because the odds are in their favor.  Hello! Anybody home?  What's that mean? It means that those people who wager on large volumes of events with favorable odds are going to win according to the law of very large numbers....Don't wager volumes on events with a negative expected value because you will lose in the long run!  Wager on events where the expected return is positive....play like the casino, not against the casino!

statistically speaking everybody loses in the long run and the only handful of people who win are just lucky, that's all. you can't make a rule out of the exceptions. the general idea is that when you are gambling especially in games with house edge you are in a disadvantage so in the long run the house is winning over you.

Nicely said and I agree because its true, the responsible gambler understood it already, the longer we play the more chances we lose. This is already give even before and it is still until now. But the question is why do people still going back to gamble again and again even knowing that they have disadvantage over the house, maybe they are addicted to gambling with no sound decision or they enjoy gambling regardless of the amount of money being lose to it.

[cjmoles]

Stating that "EVERYBODY" loses in the long run is just pure rubbish.  For there to be losers, there must be winners, right?  And, I might be saying this bluntly, but casinos win in the long run because the odds are in their favor.  Hello! Anybody home?  What's that mean? It means that those people who wager on large volumes of events with favorable odds are going to win according to the law of very large numbers....Don't wager volumes on events with a negative expected value because you will lose in the long run!  Wager on events where the expected return is positive....play like the casino, not against the casino!

statistically speaking everybody loses in the long run and the only handful of people who win are just lucky, that's all. you can't make a rule out of the exceptions. the general idea is that when you are gambling especially in games with house edge you are in a disadvantage so in the long run the house is winning over you.

Statistically speaking its impossible for EVERYBODY to lose in the long run because that would mean money is just disappearing into thin air.  The house wins in the long run, anybody who bets on the house wins in the long run, and anybody who only bets with positive expected value wins in the long run, statistically.  Only those players who play against the odds lose in the long run.  That's my point, one who bets against the house will, more than likely, lose in the long run, so don't bet against the house!  Learn how to recognize a good bet from a bad bet and match the wager appropriately to insure a positive expected value....That's all.  It's not an exception to the rule, it is the rule.

For example, you and I flipping coins.  You pay me 1.1 for heads and I pay you 0.9 for tails.  I'm going to win in the long run because I have better odds.  You wont take that bet because you recognize it's a bad bet.  If I somehow convince you to take that bet, then that's your bad for not recognizing it and my good for taking it.

Well, that's what people do when they play the dice sites or house edge games.  They're paying 1.0002 for a 0.9998 return (illustrative figures--not exact amounts) so they're going to lose in the long run if they keep playing.  They should recognize that prop as a bad bet and find a game where they could realize returns that are more in their favor....like poker!  It's just math.

[Jasad]

I agree with this on a long run the most people will lose a lot of money and even go to the minus numbers.
Its in my eyes logical gambling is fully depending on luck!

i dont think so,gambling also need strategy and tactic,also gambling need more that lucky because no one can know when they are would lucky when they playing,long term gambling can be prfitable,if people know how to play with very smart.