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Author Topic: Everyone looses in the long run  (Read 96726 times)
sobsitesearch
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June 15, 2016, 08:01:25 AM
 #1081

yes everyone looses in the long run because gambling is not profitable at first you will win and you getting some fun on it but in the long run you did not notice that your bitcoin are starting to lose.
CoinsRoyal
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June 15, 2016, 08:05:34 AM
 #1082

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.
opffcourse is everybody loosing allot of money on th elong run that is not strange if you keep coming back every day you will lose allot of money for sure make sure you dont gamble everyday.
YuginKadoya
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June 15, 2016, 11:58:38 AM
 #1083

yes everyone looses in the long run because gambling is not profitable at first you will win and you getting some fun on it but in the long run you did not notice that your bitcoin are starting to lose.

This is because gambling is really risky you need to realized at first that gambling should not be taken lightly because if you do you will definitely gonna regret it in the end, you must be very cautious at times when it comes to gambling.
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June 15, 2016, 12:15:32 PM
 #1084

The greatest demise of every gambler ever is not knowing when to stop, you must learn to say "enough", or you will become an insane man that just doesn't stop gambling and always tries to take revenge on luck, which is absurd and can only lead you to massive losses.
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June 15, 2016, 01:17:27 PM
 #1085

The greatest demise of every gambler ever is not knowing when to stop, you must learn to say "enough", or you will become an insane man that just doesn't stop gambling and always tries to take revenge on luck, which is absurd and can only lead you to massive losses.
Absolutely, gamblers with the aim to earn more money in gambling would most likely has that kind of attitude towards gambling, as a human we are greedy because we want to experience a comfortable life and we know for a fact that only few are living rich in this world and as an average person we like to experience the life of the rich which has a financial freedom, sadly our way of achieving money is wrong because we want it instant and we find gambling that gives us the opportunity to make that happen.

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June 15, 2016, 01:34:24 PM
 #1086

The greatest demise of every gambler ever is not knowing when to stop, you must learn to say "enough", or you will become an insane man that just doesn't stop gambling and always tries to take revenge on luck, which is absurd and can only lead you to massive losses.
Absolutely, gamblers with the aim to earn more money in gambling would most likely has that kind of attitude towards gambling, as a human we are greedy because we want to experience a comfortable life and we know for a fact that only few are living rich in this world and as an average person we like to experience the life of the rich which has a financial freedom, sadly our way of achieving money is wrong because we want it instant and we find gambling that gives us the opportunity to make that happen.

And this is exactly what proves that everyone loses in the long run. The only ones who can get away with this however, are those whose not really into gambling. And are just playing because they want to have fun. But those who are going with Gambling because they are looking at it as means of getting instant cash, sorry but no. Those people will just end up with heavy regrets.

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June 15, 2016, 01:52:41 PM
 #1087

The greatest demise of every gambler ever is not knowing when to stop, you must learn to say "enough", or you will become an insane man that just doesn't stop gambling and always tries to take revenge on luck, which is absurd and can only lead you to massive losses.
Absolutely, gamblers with the aim to earn more money in gambling would most likely has that kind of attitude towards gambling, as a human we are greedy because we want to experience a comfortable life and we know for a fact that only few are living rich in this world and as an average person we like to experience the life of the rich which has a financial freedom, sadly our way of achieving money is wrong because we want it instant and we find gambling that gives us the opportunity to make that happen.

But in getting into gambling more and more in aiming to get lots of money from it you will never realized how addicted your gonna become and addiction will get much worst from time to time that's gonna become an illness, Addiction changes the brain, disturbing the normal hierarchy of needs and desires.
Nameless Coin
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June 15, 2016, 02:23:28 PM
 #1088

Of course is everybody loosing on a long run and that is only because they just keep going everyday and not just lose something loses everyday more and more.
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June 16, 2016, 07:22:07 AM
 #1089

Gambling for me is not just easy money, we need to have a control of our self in order to achieve our goal. If our goal is only to be entertain in gambling then we should focus on that and don't ever change that goal with more interest on money because that would start the gambling addiction.

We know that in a game where there is a house advantage regardless of how low it is we lose in the long run, luck is only your chance of winning but you cannot be lucky everytime so you still lose.
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June 16, 2016, 11:22:38 AM
 #1090

The greatest demise of every gambler ever is not knowing when to stop, you must learn to say "enough", or you will become an insane man that just doesn't stop gambling and always tries to take revenge on luck, which is absurd and can only lead you to massive losses.
Absolutely, gamblers with the aim to earn more money in gambling would most likely has that kind of attitude towards gambling, as a human we are greedy because we want to experience a comfortable life and we know for a fact that only few are living rich in this world and as an average person we like to experience the life of the rich which has a financial freedom, sadly our way of achieving money is wrong because we want it instant and we find gambling that gives us the opportunity to make that happen.

Humans want big, quick results in little time, because we value time over money, so it's understandable, but not realistic.
This is why you must believe in a project, in this case Bitcoin, and hold long term. Because of this very premise that most humans are impatient, it means the few that hold long term will make it and become rich, and the ones that keep wasting their BTC for fiat will be the ones that cry in the end.
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June 16, 2016, 11:23:53 AM
 #1091

If the gambling is skill-based you can beat the house edge and profit.

For example with poker or sport betting.
adibe
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June 16, 2016, 11:30:22 AM
 #1092

If the gambling is skill-based you can beat the house edge and profit.

For example with poker or sport betting.

Yes, i agree with you. It's really depend on what type of gambling do you bet, if you gambling on poker you can gamble for long run with big bankroll.
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June 16, 2016, 11:34:40 AM
 #1093

Of course is everybody loosing on a long run and that is only because they just keep going everyday and not just lose something loses everyday more and more.

Well the more often they bet the more often they go deep in it's addiction and I think that playing gambling more and more is quite not a great idea for them and if they can not control their bets well that is very bad.  
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June 16, 2016, 11:38:00 AM
 #1094

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.

When you play against the house, the edge is against you.  So mathematically you lose in the long run.  In the case of zero sum games like poker, you have a chance to be a long term winner.  But keep in mind that the house rakes all the hands you play, that becomes a big factor if you play long enough as it takes a big chunk of your winnings.

If you want do this for money.  Always look for an edge.  In Black Jack it's card counting, in Baccarat it's edge sorting, etc, etc...

R


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YuginKadoya
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June 16, 2016, 12:47:34 PM
 #1095

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.

When you play against the house, the edge is against you.  So mathematically you lose in the long run.  In the case of zero sum games like poker, you have a chance to be a long term winner.  But keep in mind that the house rakes all the hands you play, that becomes a big factor if you play long enough as it takes a big chunk of your winnings.

If you want do this for money.  Always look for an edge.  In Black Jack it's card counting, in Baccarat it's edge sorting, etc, etc...

I think online poker will always have a winning on 2 to 7 players playing on poker there will be a one winning in each game so I think you can win in it but it will base on your experience and technique in playing it on how to win in poker well basically it will still end up in luck.
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June 16, 2016, 02:37:59 PM
 #1096

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.

When you play against the house, the edge is against you.  So mathematically you lose in the long run.  In the case of zero sum games like poker, you have a chance to be a long term winner.  But keep in mind that the house rakes all the hands you play, that becomes a big factor if you play long enough as it takes a big chunk of your winnings.

If you want do this for money.  Always look for an edge.  In Black Jack it's card counting, in Baccarat it's edge sorting, etc, etc...

I think online poker will always have a winning on 2 to 7 players playing on poker there will be a one winning in each game so I think you can win in it but it will base on your experience and technique in playing it on how to win in poker well basically it will still end up in luck.

yeah you can win in poker gambling but i am always going to wonder whether or not i was cheated by the casino system because i can't always be sure if i am playing against a human or a bot that is seeing my hand.

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June 16, 2016, 06:32:57 PM
 #1097

Yes mostly, here are my stats

For me.

Total earned : 0.73 btc
Total lost : 0.70 btc

So i'm ahead by 0.03 btc

 
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June 17, 2016, 02:07:20 AM
 #1098

Yes mostly, here are my stats

For me.

Total earned : 0.73 btc
Total lost : 0.70 btc

So i'm ahead by 0.03 btc
That's pretty good. You could consider that you had a high chance to lose that .73 BTC lol so you came out lucky and ahead. How many bets did you have to make in order to bet that much and get that profit?
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June 17, 2016, 02:23:38 AM
 #1099

The most people are losing money on a long run but I think it can also not be another way due to the fact that on a certain time your luck will stop and you will start losing amounts!
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June 17, 2016, 03:10:46 AM
 #1100

Yes mostly, here are my stats

For me.

Total earned : 0.73 btc
Total lost : 0.70 btc

So i'm ahead by 0.03 btc

yeah this is bad.
i don't know how many bets you have made to have this stats but usually it is like this for me:
i make a lot of bets i lose/win and in the end when i calculate my totals i see more in losses than in wins.

to the moon with bitcoin...
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