Bitcoin Forum
November 02, 2024, 03:18:08 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 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 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 ... 140 »
  Print  
Author Topic: Everyone looses in the long run  (Read 96769 times)
aranachristianjay
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
June 17, 2016, 03:33:58 AM
 #1101

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.

Those stats are bad,

Considering gambling for a long run needs to be played strategically in a games that require strategy and are based on skills, and not on luck.

If you played a game like dice for that 0.7 bitcoins then actually I am not surprise for the results, as in dice, you tend to win sometimes but mostly you will lose.

If ever you will play again try to play some card games like poker or games that requires strategy and skills, not only based on luck purely.

Good luck by the next time.
tygeade
Legendary
*
Offline Offline

Activity: 2282
Merit: 1061



View Profile
June 17, 2016, 05:19:15 AM
 #1102

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!

That's true but people who are lazy and who wants to earn quick money will continue to gamble even if they are loosing as they always feel that they will surely win in next game but it really don't happen.

PsursV
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
June 17, 2016, 05:29:26 AM
 #1103

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!

That's true but people who are lazy and who wants to earn quick money will continue to gamble even if they are loosing as they always feel that they will surely win in next game but it really don't happen.
that is the fact the man is greedy from his nature. he just want to earn more and more money. suppose he earn alot at one time but this will make him more greedy. i think this is the most dangerous think. through this he increase the chance of loosing.
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
June 17, 2016, 09:57:34 AM
 #1104

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.

That is a good one, well we would really never know for sure if your playing in an online casino you can never be sure if your going against a person or a bot for sure well I guess there is a certain type reference in seeing your opponent without knowing his or her identity well maybe by chatting with your opponent will do!
maxhor
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile
June 17, 2016, 10:03:29 AM
 #1105

Actually not all people losing in long term and it depend on the game, i have very good experience with sports betting so that i can say this without any doubt it has pretty good chance to make nice profit if we picked good option for betting.
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
June 17, 2016, 10:42:02 AM
 #1106

Actually not all people losing in long term and it depend on the game, i have very good experience with sports betting so that i can say this without any doubt it has pretty good chance to make nice profit if we picked good option for betting.

Yup! in picking sports betting as a gambling method that you are betting on is a great option, sports betting is the safest gambling method you can play that I think many would agree with me, but even if it is the safest you can always reconsider in betting on the other side cause you can never know when your preferred team will continue on winning.
aranachristianjay
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
June 17, 2016, 01:48:53 PM
 #1107

Actually not all people losing in long term and it depend on the game, i have very good experience with sports betting so that i can say this without any doubt it has pretty good chance to make nice profit if we picked good option for betting.

Yup! in picking sports betting as a gambling method that you are betting on is a great option, sports betting is the safest gambling method you can play that I think many would agree with me, but even if it is the safest you can always reconsider in betting on the other side cause you can never know when your preferred team will continue on winning.

Yeah i agree because you are not playing for your own mpney and it really matters on what team you place your bet, and also no house will bust you to get lost.

Well even you are going to pick the best team in sports betting and you are going to place your bet on the team you know that will going to win.
Sports is also a business you know, and  we cannot really predict the real happenings there either same with gambling.
So, all of you guys who are sports better will just lose in the long run.

Surely agree with the last post.

There are no way for you t profit in gambling fr a long run especially for the prediction games like sports betting, dice, roulette etc.

If you want to earn and become a winner fr a long run, you should consider a games which uses skills and strategies, like card games, ( poker ).

At least at those game you still have a control even a for small part of the game to become a winner or a loser, and not like entirely a pure luck based games which you need to have a luck, which is not actually visible and cannot be done,.

YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
June 17, 2016, 02:09:20 PM
 #1108

Actually not all people losing in long term and it depend on the game, i have very good experience with sports betting so that i can say this without any doubt it has pretty good chance to make nice profit if we picked good option for betting.

Yup! in picking sports betting as a gambling method that you are betting on is a great option, sports betting is the safest gambling method you can play that I think many would agree with me, but even if it is the safest you can always reconsider in betting on the other side cause you can never know when your preferred team will continue on winning.

Yeah i agree because you are not playing for your own mpney and it really matters on what team you place your bet, and also no house will bust you to get lost.

Well even you are going to pick the best team in sports betting and you are going to place your bet on the team you know that will going to win.
Sports is also a business you know, and  we cannot really predict the real happenings there either same with gambling.
So, all of you guys who are sports better will just lose in the long run.

Yup! like I have said earlier in my post even if you know 100% that the team you will bet on is gonna win you can never predict who's gonna win in the end and sports betting is still a gambling game and all gambling game are risky, but sports betting has a bigger amount in winning it.
talkbitcoin
Legendary
*
Offline Offline

Activity: 1372
Merit: 1032


All I know is that I know nothing.


View Profile
June 17, 2016, 02:30:09 PM
 #1109

Actually not all people losing in long term and it depend on the game, i have very good experience with sports betting so that i can say this without any doubt it has pretty good chance to make nice profit if we picked good option for betting.

Yup! in picking sports betting as a gambling method that you are betting on is a great option, sports betting is the safest gambling method you can play that I think many would agree with me, but even if it is the safest you can always reconsider in betting on the other side cause you can never know when your preferred team will continue on winning.

Yeah i agree because you are not playing for your own mpney and it really matters on what team you place your bet, and also no house will bust you to get lost.

Well even you are going to pick the best team in sports betting and you are going to place your bet on the team you know that will going to win.
Sports is also a business you know, and  we cannot really predict the real happenings there either same with gambling.
So, all of you guys who are sports better will just lose in the long run.

Yup! like I have said earlier in my post even if you know 100% that the team you will bet on is gonna win you can never predict who's gonna win in the end and sports betting is still a gambling game and all gambling game are risky, but sports betting has a bigger amount in winning it.

we have seen many times that even good teams lose to a crappy unknown team that nobody even know before this game.

so even in sports betting you can never be 100% sure because the players are also human and can make mistakes that leads to losses even if they are the best team in the world.

......
.L I V E C O I N . N E T.
.
..PROFITBOX..
██  █████████████████████████
  █████████▄      ▄██████████
█████████████▄  ▄████████████
    █████████████████████████
  ██████████▀    ▀█ ▀████████
████  █████▀  ▄▄  ▀█  ▀██████
  ████████▀  ▄██▄  ▀█   ▀████
    ██████   ▀██▀   ██   ████
  █████████▄      ▄██████████
██  █████████▄  ▄████████████
  ███████████████████████████
██  █████████████████████████
  █████████████████████▀ ███
█████████████████████▀   ███
    █████████████▀     ████
  █████████████▀   ██    ████
████  █████▀     ██    ████
  ███████▀   ██    ██    ████
    █████    ██    ██    ████
  ███████    ██    ██    ████
██  █████    ██    ██    ████
  ███████████████████████████
.....
HilbillyFred
Sr. Member
****
Offline Offline

Activity: 298
Merit: 250


View Profile
June 17, 2016, 02:31:54 PM
 #1110

Gambling is a difficult issue because if it is done in moderation and only on occasion, it is a waste of money, but it is not necessarily evil. People waste money on all sorts of activities.
Gambling is no more or less of a waste of money than seeing a movie (in many cases), eating an unnecessarily expensive meal, or purchasing a worthless item.
aranachristianjay
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
June 17, 2016, 02:32:03 PM
 #1111

Actually not all people losing in long term and it depend on the game, i have very good experience with sports betting so that i can say this without any doubt it has pretty good chance to make nice profit if we picked good option for betting.

Yup! in picking sports betting as a gambling method that you are betting on is a great option, sports betting is the safest gambling method you can play that I think many would agree with me, but even if it is the safest you can always reconsider in betting on the other side cause you can never know when your preferred team will continue on winning.

Yeah i agree because you are not playing for your own mpney and it really matters on what team you place your bet, and also no house will bust you to get lost.

Well even you are going to pick the best team in sports betting and you are going to place your bet on the team you know that will going to win.
Sports is also a business you know, and  we cannot really predict the real happenings there either same with gambling.
So, all of you guys who are sports better will just lose in the long run.

Yup! like I have said earlier in my post even if you know 100% that the team you will bet on is gonna win you can never predict who's gonna win in the end and sports betting is still a gambling game and all gambling game are risky, but sports betting has a bigger amount in winning it.

Yeah no one can predict the results.

Look at NBA game Cavs. still wins against GSW even a lot of people think that GSW are far more better than Cavs.

And one more thing, in sports betting the chance of winning and losing are the same as we or the gamblers have only a 50 % chance of both, because in sports betting you only bet for a two competitors thus making the game a 50% match.
YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
June 17, 2016, 02:47:07 PM
 #1112

Actually not all people losing in long term and it depend on the game, i have very good experience with sports betting so that i can say this without any doubt it has pretty good chance to make nice profit if we picked good option for betting.

Yup! in picking sports betting as a gambling method that you are betting on is a great option, sports betting is the safest gambling method you can play that I think many would agree with me, but even if it is the safest you can always reconsider in betting on the other side cause you can never know when your preferred team will continue on winning.

Yeah i agree because you are not playing for your own mpney and it really matters on what team you place your bet, and also no house will bust you to get lost.

Well even you are going to pick the best team in sports betting and you are going to place your bet on the team you know that will going to win.
Sports is also a business you know, and  we cannot really predict the real happenings there either same with gambling.
So, all of you guys who are sports better will just lose in the long run.

Yup! like I have said earlier in my post even if you know 100% that the team you will bet on is gonna win you can never predict who's gonna win in the end and sports betting is still a gambling game and all gambling game are risky, but sports betting has a bigger amount in winning it.

we have seen many times that even good teams lose to a crappy unknown team that nobody even know before this game.

so even in sports betting you can never be 100% sure because the players are also human and can make mistakes that leads to losses even if they are the best team in the world.

What did I said? I didn't said that you would win 100% in sports betting I have said that sports betting is still a gambling game that required luck and you can never really predict who's gonna win in a game! you would mostly need luck and the team you have bet on.
Erza
Legendary
*
Offline Offline

Activity: 1078
Merit: 1000


View Profile
June 17, 2016, 03:08:37 PM
 #1113

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!

That's true but people who are lazy and who wants to earn quick money will continue to gamble even if they are loosing as they always feel that they will surely win in next game but it really don't happen.

Thats why they have what you called martingale which can earn you back what you loss. Of course with a lot of bankroll can hold you longer time and may be can profitable. And btw gambling is nothing to do with laziness i guess because if they are lazy they wont take a chance to gambling just to earn more money. And quick money? May be you are interpret gambling and HYIP in the wrong way
BlueStackz
Legendary
*
Offline Offline

Activity: 1204
Merit: 1028



View Profile
June 17, 2016, 07:04:21 PM
 #1114

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.
Yes it is pretty normal to lose in a long run as curiosity goes on increasing and in every wins it makes your mind to go more crazy on bettings and the casino wins at final for sure Cheesy
Techies
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
June 17, 2016, 09:54:12 PM
Last edit: June 21, 2016, 11:49:21 PM by Techies
 #1115

Gambling is for those who knows how and when to stop playing.
Hatuferu
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000

https://trueflip.io/


View Profile
June 18, 2016, 08:40:05 AM
 #1116

Gambling is for those who knows how and when to stop playing.If you are not greedy and kind a person to be happy with little amounts this will not  make you win always.This will help you to be with positive bankroll for longer period of time.If you go for big and keep playing then surely will loose in the long run.
Exactly, gambling is only for fun and it is only for those people who are responsible in gambling. This is gambling and speaking of gambling it is risky that might lead you to lose your money and could even destroy your life. I think majority lose in the long run 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
batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 3150
Merit: 609


OrangeFren.com


View Profile
June 18, 2016, 08:53:32 AM
 #1117

Gambling is for those who knows how and when to stop playing.If you are not greedy and kind a person to be happy with little amounts this will not  make you win always.This will help you to be with positive bankroll for longer period of time.If you go for big and keep playing then surely will loose in the long run.
Exactly, gambling is only for fun and it is only for those people who are responsible in gambling. This is gambling and speaking of gambling it is risky that might lead you to lose your money and could even destroy your life. I think majority lose in the long run but not everyone.

That's it gambling is only used for entertainment but what happen is that they are treating gambling as way of earning and not just an earning way
but also a fast way to earn big money.
But instead of winning, they are just losing they money after all in the long run.

YuginKadoya
Legendary
*
Offline Offline

Activity: 3038
Merit: 1169



View Profile
June 18, 2016, 09:34:36 AM
 #1118

Gambling is for those who knows how and when to stop playing.If you are not greedy and kind a person to be happy with little amounts this will not  make you win always.This will help you to be with positive bankroll for longer period of time.If you go for big and keep playing then surely will loose in the long run.
Exactly, gambling is only for fun and it is only for those people who are responsible in gambling. This is gambling and speaking of gambling it is risky that might lead you to lose your money and could even destroy your life. I think majority lose in the long run but not everyone.

That's it gambling is only used for entertainment but what happen is that they are treating gambling as way of earning and not just an earning way
but also a fast way to earn big money.
But instead of winning, they are just losing they money after all in the long run.

Yes that is most all gamblers way of thinking and I think in my opinion that their greed from playing it is always there that's why they always ending up losing all their money in bitcoin, but there are some players that are winning in gambling because they are always lucky in their bets.
trafficolaa
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000



View Profile
June 18, 2016, 09:42:44 AM
 #1119

Only in that case when we play on dice site than there is chance to get busted, only big whales can win in long run as they have very large bankroll, but in sportsbook and poker we have totally different method and people can make good profit in long run.
aranachristianjay
Full Member
***
Offline Offline

Activity: 182
Merit: 100



View Profile
June 18, 2016, 12:26:50 PM
 #1120

Only in that case when we play on dice site than there is chance to get busted, only big whales can win in long run as they have very large bankroll, but in sportsbook and poker we have totally different method and people can make good profit in long run.

Yeah you are totally right,

Only skill based games that actually uses strategy are the ones that pose for a good chance of winning in a long run.

And when it comes to a games like dice, roulette or any other gambling games out there that uses luck or which is commonly based on luck then there is actually no chance for someone to win continuously in a long run.
Pages: « 1 ... 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 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 ... 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!