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Author Topic: Everyone looses in the long run  (Read 96728 times)
hua_hui
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July 05, 2016, 02:34:44 PM
 #1201

Gambling has made so many people in this world cry. It has just simply ruined peoples lives. But you cannot give gambling the blame of that. People need to realize what they are getting them selves into. If you manage your money good gambling should not make your cry. 

Gambling is not wrong but what is the problem is that a lot of people get too addicted to it that they dont know how to control themselves and gamble too much until it affects their lives heavily.
DomesticTrader
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July 05, 2016, 02:37:11 PM
 #1202

Everybody loses in gambling in the long run but some clever and successfull bettors can make their living from sport bets. It's like a profession. If you have great game plans and your discipline is at max, you can make a lot of money from betting. Don't mix your feelings when you bet.

I have won 7-1 sports bets on NFL that a way.

I completely agree with that, that teams and emotions should not mix.
If you are betting on your favorite team against a good team, you will lose.

You have to bet logically.
Cold as a machine.

However, I do it for practice, and entertainment.
Never for profit.

As I only bet 1-9 mBTC on something, so if I lose, I don't get bent out of shape.

My problem is when people gamble money they loose then lie to others to get more money to gamble with. For some it's a bad habit. For others it's an enjoyable passtime
Off course is everybody loosing on a long run and that is not strange because there are allot of people who lose on the long run becuase
the casino is made for that they have a winning percentage.
PokerFace3
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July 05, 2016, 02:37:29 PM
 #1203

yes true, gambling going bankrupt. Maybe we tasted victory at the beginning, but it will be destroyed at the end
Yeah so true and i think gambling is designed like that to run themself but as a business with our money Smiley its better for us to avoid gambling with more money then we afford to lose !
mojojo9
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July 06, 2016, 01:18:01 AM
 #1204

thats true so i dont play any gambling games right now
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July 06, 2016, 02:06:41 AM
 #1205

I have already tried to play a dice game. Well, whatever strategies I use I end up losing. Indeed, gambling site was created just for fun and if you like to waste the money you can go there. That is not the answer to your financial problems.

Yes gambling should be for fun and not a way to replace your main bread and butter.  Unpredictability is the key and majority loses.  No way can you guarantee that you'll win today breaking you losing streak. 

Losing what the gambling site provides is okay, it's their free faucets anyway.   But depositing and losing them is another.  You might wind up a real loser, losing even the bitcoins you've earned.

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hermanhs09
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July 06, 2016, 02:43:41 AM
 #1206

The house edge is what makes the house always win in the long run. There is no way you can cheat the house edge(Unless you are hufflepuff with an exploit, of course Wink)

That's why investing in the house can be profitable. You're gambling with a negative house edge.
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July 06, 2016, 02:56:46 AM
 #1207

The house edge is what makes the house always win in the long run. There is no way you can cheat the house edge(Unless you are hufflepuff with an exploit, of course Wink)

That's why investing in the house can be profitable. You're gambling with a negative house edge.
I agree but some people does not want to invest in gambling because they don't want to wait for more time before they can profit, they want to make instant money and they can only do that gambling being lucky.
Caladonian
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July 06, 2016, 08:16:10 AM
 #1208

The house edge is what makes the house always win in the long run. There is no way you can cheat the house edge(Unless you are hufflepuff with an exploit, of course Wink)

That's why investing in the house can be profitable. You're gambling with a negative house edge.
I agree but some people does not want to invest in gambling because they don't want to wait for more time before they can profit, they want to make instant money and they can only do that gambling being lucky.
making them realized that the short ways to earn is also the short ways to burned everything, yes in the long run house wins because of that house edge so we can't change that fact anymore better control and win little and quit rather to stay begin being greed and addicted then lose everything.
fullypak
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July 06, 2016, 11:04:02 AM
 #1209

The house edge is what makes the house always win in the long run. There is no way you can cheat the house edge(Unless you are hufflepuff with an exploit, of course Wink)

That's why investing in the house can be profitable. You're gambling with a negative house edge.
I agree but some people does not want to invest in gambling because they don't want to wait for more time before they can profit, they want to make instant money and they can only do that gambling being lucky.

Any investments gives profits in short time are depends on luck only so if you want reduce your loses then go for slow and steady growth. If you want to reduce your losses you can consider to diversify your investments on few good casinos. I gamble only for fun at my free time and so for still in some profits but not so much.
Finestream
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July 06, 2016, 11:52:52 AM
 #1210

The house edge is what makes the house always win in the long run. There is no way you can cheat the house edge(Unless you are hufflepuff with an exploit, of course Wink)

That's why investing in the house can be profitable. You're gambling with a negative house edge.
I agree but some people does not want to invest in gambling because they don't want to wait for more time before they can profit, they want to make instant money and they can only do that gambling being lucky.

Any investments gives profits in short time are depends on luck only so if you want reduce your loses then go for slow and steady growth. If you want to reduce your losses you can consider to diversify your investments on few good casinos. I gamble only for fun at my free time and so for still in some profits but not so much.
I agree with you, we need to diversify our investment with different casinos to minimize the risk, I believe that is the best way to make our investment profitable overtime.

diodio5
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July 06, 2016, 12:15:30 PM
 #1211

I agree with OP. Everyone losses in the long run, especially on dice sites or casino games that have provably fair, but if you have big bankroll, you can go long run on it.
I think there should be careful when you use a large capital in gambling. believe it or not that while you have the money you're going continue to gamble and if your bankroll much you will always be a gamble for a profit or at least recover losses. but rather it will be a long-term defeat for them.
cutepapyboy
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July 06, 2016, 12:27:30 PM
 #1212

To win in the long run. you need to learn the game and beat it. Gambling requires skill and luck like poker, blackjack. You need to have a solid plan like bankroll management so you can still play, and handle the downswing. You also learn to control your emotion and have a discipline.
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July 06, 2016, 12:48:49 PM
 #1213

To win in the long run. you need to learn the game and beat it. Gambling requires skill and luck like poker, blackjack. You need to have a solid plan like bankroll management so you can still play, and handle the downswing. You also learn to control your emotion and have a discipline.

in every game as long as you are playing against the house then be sure that you will end up losing because the house always wins and they should win otherwise they go down. so if you want to win don't play a game that is against the house.

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July 06, 2016, 01:18:46 PM
 #1214

Everybody loses in gambling in the long run but some clever and successfull bettors can make their living from sport bets. It's like a profession. If you have great game plans and your discipline is at max, you can make a lot of money from betting. Don't mix your feelings when you bet.

I have won 7-1 sports bets on NFL that a way.

I completely agree with that, that teams and emotions should not mix.
If you are betting on your favorite team against a good team, you will lose.

You have to bet logically.
Cold as a machine.

However, I do it for practice, and entertainment.
Never for profit.

As I only bet 1-9 mBTC on something, so if I lose, I don't get bent out of shape.

It is possible as long as there is some chance it is possible but that means that it can not happen to everyone. So it is possible but I recommend that you do not try this because the chance of you losing is way bigger.
martinacar
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July 06, 2016, 02:49:57 PM
 #1215

You are never going to win from gambling in the long run because that is just almost impossible and you would need allot of luck to be profitable in the long run.
I am sure that there are some people who pulled it off but they are extremely lucky to do so.
RealPhotoshoper
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July 06, 2016, 02:54:47 PM
 #1216

To win in the long run. you need to learn the game and beat it. Gambling requires skill and luck like poker, blackjack. You need to have a solid plan like bankroll management so you can still play, and handle the downswing. You also learn to control your emotion and have a discipline.

in every game as long as you are playing against the house then be sure that you will end up losing because the house always wins and they should win otherwise they go down. so if you want to win don't play a game that is against the house.
he is talking about playing poker which it is not against house edge .
so i guess it can be done win in the long run if you play poker and have experience enough play it for years.
but the problem are still in ourselves, being not patient to wait instead to make money steady most people choose to gamble it immediately.
hua_hui
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July 06, 2016, 03:49:11 PM
 #1217

To win in the long run. you need to learn the game and beat it. Gambling requires skill and luck like poker, blackjack. You need to have a solid plan like bankroll management so you can still play, and handle the downswing. You also learn to control your emotion and have a discipline.

Gambling is really a very tempting activity. It is the only sources that you can win thousand of dollars within a day without a lot of effort. That is why so many people are attracted to gambling. Even though they know that they are likely to lose, they still want to try out their luck.

in every game as long as you are playing against the house then be sure that you will end up losing because the house always wins and they should win otherwise they go down. so if you want to win don't play a game that is against the house.
he is talking about playing poker which it is not against house edge .
so i guess it can be done win in the long run if you play poker and have experience enough play it for years.
but the problem are still in ourselves, being not patient to wait instead to make money steady most people choose to gamble it immediately.
hermanhs09
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July 06, 2016, 04:29:58 PM
 #1218

House edge wont let you make profit constantly,what means you always loose at long run as you said.
This is the reason i always go big,because if you can win with casino big amount of money in few bets,it's fine and the more bets u do you have bigger chance for getting big losing streak.
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July 06, 2016, 04:47:10 PM
 #1219

I agree with OP. Everyone losses in the long run, especially on dice sites or casino games that have provably fair, but if you have big bankroll, you can go long run on it.
yes it a fact. i think every one know about this. buts still no one can still quit gambling. they have so many examples in front of them. but still they believe that they can earn from gambling and in the end they do advise to other to not to do gambling.
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July 06, 2016, 05:03:37 PM
 #1220

I agree with OP. Everyone losses in the long run, especially on dice sites or casino games that have provably fair, but if you have big bankroll, you can go long run on it.
yes it a fact. i think every one know about this. buts still no one can still quit gambling. they have so many examples in front of them. but still they believe that they can earn from gambling and in the end they do advise to other to not to do gambling.

This is what you called gamble addiction and hypocrisy LOL.  Anyway yes gambling will let you win at the beginning to trigger your inner greed and fortify your belief that "you can win next round".  With the successful method of doing so, you ended up losing all at the long run.  House EDGE kicks in, 20 x lose in a row and still believing you will win next time LOL.

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