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Author Topic: Everyone looses in the long run  (Read 96722 times)
FrueGreads
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July 27, 2016, 05:15:40 PM
 #1421

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.

I agree with you if you are only considering pure casino games, but if you put poker and sports betting in that equation, then I can't agree. There are many professional poker players, and sportsbetting professionals, that dedicate their life to those games, and are consistent winners in the long run. They don't win every time as that is impossible, but they do make good profit in the long run.

I'm holding a Sports betting competition, we are now going to our VIII edition, and we decided to create an Hall of Fame, to track the progress of our competitors, and even there you can see players that are doing well consistently over VII editions. Take a look at our Hall of Fame:
https://bitcointalk.org/index.php?topic=1256522.msg13024635#msg13024635

I do believe that you can win in the long run if you are good at poker or sports betting. And you can do that even if you are not a professional, as you can see in the link above.

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BitcoinPC
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July 27, 2016, 05:23:10 PM
 #1422

There is a big chance that you can lose a lot of money with gambling and that is because you need to be really lucky in gambling otherwise it will be not possible to make any profit.
And luck happens not that often in gambling so that is bad.

It is no longer a possibility if we do gambling only for profit without knowing the science to do gambling. Because gambling is a difficult thing to being defeated. and it took a considerable effort for captive. Gambling only provides temporary benefits and do not give a very long defeat. Did gambling sparingly and don't overdo
yes we should, defeating the house is next to impossible that's for sure so doing some gamble would be advice just for fun you need to make sure
that your limitation is already been set. and after reaching it you must stop and moved out.
Yeah you will always lose in gambling because gambling made only to give entertainment to people.
For now i never made profit in gambling but i am still trying to make a profit in other games..

Gambling is not a earning way it is just a game and it give us fun and entertainment and not giving a salary. I believe on it that gambling is a only game and if we play gambling only have one thinking on our mind that we are playing and if we lose than we will be stopped for the next bet and also we don't waste our money. Than seriously we have no problem in it.   
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July 27, 2016, 05:25:47 PM
 #1423

I think games like Poker you have people who spend their lives just winning games and thats on average because obviously they just look to minimise their losses and maximise their gains.    If people could manage the risk of more random games outside of Poker then they too could also profit, the argument here is where you have the open and stated house advantage which means you are always going to be going up hill and cannot make a profit.

Im just not sure which games allow the sensible management of risk and possible skill to show through, so theres Poker obviously to me anyway I think you can win at this.   But maybe games like Blackjack its possible to win or draw even more often.  Something like roulette should be straight forward, you know its almost 50% odds but the house has its take in there so I wont argue on that one you cant win overall yet Im sure someone will mention a system!  Cheesy

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July 27, 2016, 05:27:45 PM
 #1424

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.

I agree with you if you are only considering pure casino games, but if you put poker and sports betting in that equation, then I can't agree. There are many professional poker players, and sportsbetting professionals, that dedicate their life to those games, and are consistent winners in the long run. They don't win every time as that is impossible, but they do make good profit in the long run.

I'm holding a Sports betting competition, we are now going to our VIII edition, and we decided to create an Hall of Fame, to track the progress of our competitors, and even there you can see players that are doing well consistently over VII editions. Take a look at our Hall of Fame:
https://bitcointalk.org/index.php?topic=1256522.msg13024635#msg13024635

I do believe that you can win in the long run if you are good at poker or sports betting. And you can do that even if you are not a professional, as you can see in the link above.
Excellent information mate. Thanks. Yes, there are a lot of professionals can be made huge money in sports betting and Poker games. In this format of games, we need more knowledge on sports. And we have to know each and every games information. Then it is possible. I am not a professional gambler, but I made some profit in Sports betting. So think about professionals.
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July 27, 2016, 05:31:06 PM
 #1425

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.

I agree with you if you are only considering pure casino games, but if you put poker and sports betting in that equation, then I can't agree. There are many professional poker players, and sportsbetting professionals, that dedicate their life to those games, and are consistent winners in the long run. They don't win every time as that is impossible, but they do make good profit in the long run.

I'm holding a Sports betting competition, we are now going to our VIII edition, and we decided to create an Hall of Fame, to track the progress of our competitors, and even there you can see players that are doing well consistently over VII editions. Take a look at our Hall of Fame:
https://bitcointalk.org/index.php?topic=1256522.msg13024635#msg13024635

I do believe that you can win in the long run if you are good at poker or sports betting. And you can do that even if you are not a professional, as you can see in the link above.
Excellent information mate. Thanks. Yes, there are a lot of professionals can be made huge money in sports betting and Poker games. In this format of games, we need more knowledge on sports. And we have to know each and every games information. Then it is possible. I am not a professional gambler, but I made some profit in Sports betting. So think about professionals.

Either you win a lot by playing this way or there's a more "natural" explanation on why you can't do this on the long run.
We'll eventually get old and we can't rely on such an income until we live.
I don't see you guys betting when you turn somewhere around 85
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July 27, 2016, 05:41:45 PM
 #1426

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.

I agree with you if you are only considering pure casino games, but if you put poker and sports betting in that equation, then I can't agree. There are many professional poker players, and sportsbetting professionals, that dedicate their life to those games, and are consistent winners in the long run. They don't win every time as that is impossible, but they do make good profit in the long run.

I'm holding a Sports betting competition, we are now going to our VIII edition, and we decided to create an Hall of Fame, to track the progress of our competitors, and even there you can see players that are doing well consistently over VII editions. Take a look at our Hall of Fame:
https://bitcointalk.org/index.php?topic=1256522.msg13024635#msg13024635

I do believe that you can win in the long run if you are good at poker or sports betting. And you can do that even if you are not a professional, as you can see in the link above.
Excellent information mate. Thanks. Yes, there are a lot of professionals can be made huge money in sports betting and Poker games. In this format of games, we need more knowledge on sports. And we have to know each and every games information. Then it is possible. I am not a professional gambler, but I made some profit in Sports betting. So think about professionals.

Either you win a lot by playing this way or there's a more "natural" explanation on why you can't do this on the long run.
We'll eventually get old and we can't rely on such an income until we live.
I don't see you guys betting when you turn somewhere around 85

That would be the happy ending. First of all, we can't even win so much for that long. It might be a big win at first, maybe you can live off gambling revenue, but you will still loose one day all you had. Then comes what you said. But if you won +$5M .. oh well, then lucky you!
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July 27, 2016, 06:31:25 PM
 #1427

Not "everyone".
Because "some" of us also win in the long run.
However, the number of losers is higher than the number of winners.
It will stay that way.
Not "some", only "very few". This must be the actual scenario of gambling outcome in long run.

But all the gamblers want to join into those "very few" group instead of being as rest of gamblers. The pathetic truth behind this is the efforts and time and money spent by most of the gamblers gone in vain in addition to collapse of their dreams. Teach yourself, gamble sensibly.
Well said. Many gamblers do not understand these. They themselves start learn those things after the severe attack by gambling. Until they find themselves it is necessary to know about how to gamble safely, no one think about that till then. Gambling is dangerous especially in long run.

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July 27, 2016, 07:58:01 PM
 #1428

Not everyone, but the majority is high who loses in the long run, but it doesn't mean that we can't earn from gambling.
Gambling is a good game, gambling never need skills, it need only Luck, so luckiest people not loses in the long run way.
But I do not think it will be possible for a person to remain lucky all the time. Because your luck may favor you someday and may not in most of the days. In short, your luck not favouring days are more than your lucky days, so in long run you will definitely end up in losses with gambling.
Yes, when luck is the only deciding factor, then loss are always inevitable. The long run is just required to ensure no gambler is escaping from being losers. Ironically most of the gamblers are becoming losers in the beginning days itself.
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July 27, 2016, 08:06:02 PM
 #1429

Hello
I agree with the OP. Gambling is never a good investment. It is always a loss. So you should gamble only that money which you are willing to lose in the first place.Also luck is a factor. Maybe 1 in every 10000 people do make a profit and that is the reason why people flock at casinos - in hope of earning easy cash but that never occurs.

R


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July 27, 2016, 10:40:40 PM
 #1430

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.

I agree with you if you are only considering pure casino games, but if you put poker and sports betting in that equation, then I can't agree. There are many professional poker players, and sportsbetting professionals, that dedicate their life to those games, and are consistent winners in the long run. They don't win every time as that is impossible, but they do make good profit in the long run.

I'm holding a Sports betting competition, we are now going to our VIII edition, and we decided to create an Hall of Fame, to track the progress of our competitors, and even there you can see players that are doing well consistently over VII editions. Take a look at our Hall of Fame:
https://bitcointalk.org/index.php?topic=1256522.msg13024635#msg13024635

I do believe that you can win in the long run if you are good at poker or sports betting. And you can do that even if you are not a professional, as you can see in the link above.

I must agree with FrueGreads on this one. I'm participating on this competition and I made it to that Hall of Fame, and I'm now in 7th place there.
I'm not a professional gambler, so if I can make profit in sports betting, I guess everyone can, if they take a serious and controlled approach to it.
I see bitbollo and Omikifuse on top of that list, and they have 7 prizes on the last 7 competition, and made a profit of 1.9 and 1.5 BTC just on prizes, and then got the profit form the bets alone. Those competition last for a month so its 7 months now in profit, so that looks like profit in the medium/long run to me

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July 28, 2016, 12:40:47 AM
 #1431

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, should say youre invincible then you end up lossing it all.
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July 28, 2016, 12:58:10 AM
 #1432

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, should say youre invincible then you end up lossing it all.


I think people always being greedy when they win so much money on gambling, they will bet more and more to get more profit and it's make them busted and loses all in the end.
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July 28, 2016, 01:02:35 AM
 #1433

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, should say youre invincible then you end up lossing it all.


I agree with you but the reason why people lose generally is because they don't know how to deal with losses and they end up betting to break even and that's what puts them in the negative.
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July 28, 2016, 01:04:52 AM
 #1434

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.
Some people do not have that capacity. They end up borrowing/stealing money from their friends without telling them it's to go play poker. Some addicts destroy the lives of everyone around them, and I am I admit one of those people who may end up doing that. I won $3000 at a casino all at once one time and I thought it was a way to make money. Never hit that jackpot again since.
lucky you i never hit a jackpot  Angry

i also never hit that jackpot , I think that it was also the main reason why i quit gambling because i was depressed of not winning in all my bets so before its get worst i realize to stop

I think it is good that you realized that gambling is just playing with our luck.  Everyone except the house is programmed to lose on the long run in gambling.  Reason is that when you played long enough, the possibility of house edge kicking in increases until such time that every roll house edge kicks in.

I must a agree with them that it can gives as thrill while we play gambling because luck matters so we even dont know what would going to happen Cheesy
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July 28, 2016, 02:26:16 AM
 #1435

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, should say youre invincible then you end up lossing it all.


I agree with you but the reason why people lose generally is because they don't know how to deal with losses and they end up betting to break even and that's what puts them in the negative.
it is not the matter of you have reached the break even or not .
because noone can calculate it since beginning they gamble , it is unidentified thing.
the reason everyone lost if they play in long run is the odds stacked against gambler , short term you may win , long term you dead.
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July 28, 2016, 12:08:35 PM
 #1436

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, should say youre invincible then you end up lossing it all.


I agree with you but the reason why people lose generally is because they don't know how to deal with losses and they end up betting to break even and that's what puts them in the negative.
it is not the matter of you have reached the break even or not .
because noone can calculate it since beginning they gamble , it is unidentified thing.
the reason everyone lost if they play in long run is the odds stacked against gambler , short term you may win , long term you dead.
Even if there is no house edge like in sports betting but you failed to follow the right bankroll management, you will still lose in the long run because the money of the house is unlimited while your money is just limited. Having no goal amount to win in gambling would not help us as most of the time we end up losing if we don't know how to stop in our gambling session.

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July 28, 2016, 12:27:15 PM
 #1437

If you know how to deal with loses and don't have a compulsive personality you can make pretty good gains, but most people get caught in the feeling of greatness that you get after nailing a good debt, you feel like a god that can't fail and want more, should say youre invincible then you end up lossing it all.


I think people always being greedy when they win so much money on gambling, they will bet more and more to get more profit and it's make them busted and loses all in the end.

Yeah, it's true a lot of gamblers who trust greedy when gambling and greed that the higher the moment they get some pretty good victories in each of the games are done. It is very amateurish and resulted in a defeat that was quite true and also a devastating addiction to life. Control yourself and do the best possible gambling
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July 28, 2016, 12:45:21 PM
 #1438

Gambling site was built by the owner to give him the profit of money he has spent. Gambling isnt a charity foundation that give people free money anytime. Although there are some professional gamblers out there, the site owner surely will be always trying to beat all of them. Thats the fun side of gambling, where we could test our luck and skills combined against the house. Maybe you couldnt win everyday, but if you bet responsibly and patiently, you couldnt be disappointed so bad.
yes gambling is to play luck. victory in playing gambling heavily influenced by luck and for me gambling site owners always have good luck. they will get a lot of money for providing services. it was very fair in the world of gambling.
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July 28, 2016, 01:00:00 PM
 #1439

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.
Some people do not have that capacity. They end up borrowing/stealing money from their friends without telling them it's to go play poker. Some addicts destroy the lives of everyone around them, and I am I admit one of those people who may end up doing that. I won $3000 at a casino all at once one time and I thought it was a way to make money. Never hit that jackpot again since.
lucky you i never hit a jackpot  Angry

i also never hit that jackpot , I think that it was also the main reason why i quit gambling because i was depressed of not winning in all my bets so before its get worst i realize to stop

I think it is good that you realized that gambling is just playing with our luck.  Everyone except the house is programmed to lose on the long run in gambling.  Reason is that when you played long enough, the possibility of house edge kicking in increases until such time that every roll house edge kicks in.

I must a agree with them that it can gives as thrill while we play gambling because luck matters so we even dont know what would going to happen Cheesy
yeah, there is a great thrill for me when i gamble my money too though i think it is not a good thing because it might get addicted over time

 
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July 28, 2016, 01:09:13 PM
 #1440

some strategies can work if you follow you gut, combined with depositing money that you dont care about if you lose because all you want is to double your money in easy way get into addiction in long term and getting losses to your wealth slowly for me it's better if you stay away from gambling because it will never ever fix your life as a human being no hatin just sayin  Roll Eyes Roll Eyes
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