Everyone looses in the long run

[Maslate]

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 

No one will hate you here because what you are saying is true, we should only put a money that we don't care of losing as that is the only way that we cannot be addicted in gambling. Like me, I have gambled regularly but there is not problem with that because I can afford the amount I bet.

We just have to be responsible enough to do the right things in gambling because of the normal risk it associated and we don't wanna experience the worst scenario like what happen to other gamblers who have a bad luck.

[chixka000]

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.

so we should then learn how to create and handles your own gambling site if you really wanted to be in the profited list. But i think it is that easy as imagined so in my opinion for now is to stay away from gambling

[freedomgo]

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.

so we should then learn how to create and handles your own gambling site if you really wanted to be in the profited list. But i think it is that easy as imagined so in my opinion for now is to stay away from gambling

You should start with the capital first because thinking of other things. The hardest requirement in making a good gambling site is the capital, you need to expense a considerable amount of money in the beginning for the market as that is the trend here in order for you to attract gamblers that would play.

[chixka000]

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.

if you would just say the general way of gambling then i must disagree with you because as you can see gambling site owners invested some amounts and now keeps on circulating too fast but  if you are referring to be a player then i must agree with you.

[Jmild1]

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

It's because poker and Sports betting give doesn't require pure luck, it gives you a chance to learn or practice your skill with this games thus making you profit even though you'd stayed on the game for a long run.

[renem]

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.

for me not everyone lose in gambling because some of us are playing gambling for life they like playing gambling for their daily expenses they get their profit in playing gambling yes you can make a lots of money because of gambling you can double your money as easy as 123 it depends always in your strategy don't be too greedy and you will be win for sure 

[puremage111]

exactly, due to house edge,
Mathematically it should be 49 ppl win 51 ppl lose

But what i see is
=
only 1% of ppl win while 99% lose?

[crytoboost]

for me not everyone lose in gambling because some of us are playing gambling for life they like playing gambling for their daily expenses they get their profit in playing gambling yes you can make a lots of money because of gambling you can double your money as easy as 123 it depends always in your strategy don't be too greedy and you will be win for sure 

That is really strange to hear you can make double your amount very easy like 123, you can bankrupt the casinos easily if you are consistent to make guaranteed profit than very soon all casinos will get afraid by you, in reality it is very hard to win in gambling and make earning for your life.

[chixka000]

for me not everyone lose in gambling because some of us are playing gambling for life they like playing gambling for their daily expenses they get their profit in playing gambling yes you can make a lots of money because of gambling you can double your money as easy as 123 it depends always in your strategy don't be too greedy and you will be win for sure 

That is really strange to hear you can make double your amount very easy like 123, you can bankrupt the casinos easily if you are consistent to make guaranteed profit than very soon all casinos will get afraid by you, in reality it is very hard to win in gambling and make earning for your life.

yeah haha it sounds funny lol i never heard or saw anyone winning that 123 easy you we are saying mate , there is no such way as too easy win for gambling world you can try it out

[eneilwex]

Yes, you will always lose and the house would win most times  unless you develop  an edge you can exploit.

An edge can be any piece of information a gambler uses to gain an advantage over the house when placing a bet.  For example, if a gambler has inside information from team officials that a player is injured or will not play their usual role, that is a big advantage. 

Many sportsbooks and bookmakers use historical data and any available information to gain an edge over those placing bets.  If a player on a team has a favorable matchup or valuable information about their opponent, the athlete is considered to have an edge.

Furthermore, talented superstar athletes like that of Ronaldo or Messi give their team an edge because of their ability.

[YuginKadoya]

Yes, you will always lose and the house would win most times  unless you develop  an edge you can exploit.

An edge can be any piece of information a gambler uses to gain an advantage over the house when placing a bet.  For example, if a gambler has inside information from team officials that a player is injured or will not play their usual role, that is a big advantage. 

Many sportsbooks and bookmakers use historical data and any available information to gain an edge over those placing bets.  If a player on a team has a favorable matchup or valuable information about their opponent, the athlete is considered to have an edge.

Furthermore, talented superstar athletes like that of Ronaldo or Messi give their team an edge because of their ability.

But Sports Betting does not have house edge! so the edge in a gambling can never be determine but yes in sports betting you can surely have an advantage if you had common knowledge with a player or a team depending on the said winning rate of a player or a team, but in a regular or other gambling methods that are base on luck it is hard to see an edge in betting within it.

[electronicfactura]

Absolute truth that in the end you will be nothing else but looser if you keep gambling. Here is how gambling make everyone loose there are categories of losers some at start remain without money. Some people who we call lucky resist some time as luck is on their side. Luck will never be in favor of gambler all the times. both experienced and inexperienced face same fate in the long run which is just lost.

[dmarine]

There is no constant winning streak in Cryptoland, the important thing is to overcome and learn from previous mistakes.

[pearl11]

For people to truly understand this loss in the long run thing , one must experienced it to fully know the output of doing gambling for a long run. As some people says lrarn from your mistakes.

[Jimbola3]

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.

if you would just say the general way of gambling then i must disagree with you because as you can see gambling site owners invested some amounts and now keeps on circulating too fast but  if you are referring to be a player then i must agree with you.

I don't know what you are agreeing with or not but its to be sure that gambling is not a way to earn profit as a daily basis or in reliable way because the house wins at last for sure as up to you are playing in a long run !

[Aero Blue]

of course lol or else gambling wouldn't exist

[freedomgo]

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.

if you would just say the general way of gambling then i must disagree with you because as you can see gambling site owners invested some amounts and now keeps on circulating too fast but  if you are referring to be a player then i must agree with you.

I don't know what you are agreeing with or not but its to be sure that gambling is not a way to earn profit as a daily basis or in reliable way because the house wins at last for sure as up to you are playing in a long run !

Of course, there is no question about that, our chances are lower compared to the house and even if we think that we can outsmart the gambling sites but in reality we are just fooling ourselves and we are all subjected to the reality that we all lose in the long run.

[YuginKadoya]

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.

if you would just say the general way of gambling then i must disagree with you because as you can see gambling site owners invested some amounts and now keeps on circulating too fast but  if you are referring to be a player then i must agree with you.

I don't know what you are agreeing with or not but its to be sure that gambling is not a way to earn profit as a daily basis or in reliable way because the house wins at last for sure as up to you are playing in a long run !

Of course, there is no question about that, our chances are lower compared to the house and even if we think that we can outsmart the gambling sites but in reality we are just fooling ourselves and we are all subjected to the reality that we all lose in the long run.

Yes that is the fact about gambling, and a lot of gambling site will not allow for themselves to bite the dust they will just keep on the top and by doing so there will be a sacrifice and that is the gamblers that playing it and losing so much in a bet. they will keep on profiting over that!

[pearl11]

speaking of gambling, we are primarily talking about intimate experience , taking a very delicate notes and affecting the dark depths, which are only the work of one man, only it is concerned, not to say that losing your luck is very easy due to clear reasons or feelings that are very difficult to control, so the company gambling for entertainment , but not for a big risk, we know many examples where this rule does not work and therefore starting disorders and charges of all kadogo, approach to gambling is necessary carefully and everything before that, carefully considered, what will be the consequences of certain decisions and what will be the impact player after the outcome

[fullypak]

For people to truly understand this loss in the long run thing , one must experienced it to fully know the output of doing gambling for a long run. As some people says lrarn from your mistakes.

I don't think even after knowing gambling is not good for a longer term, one need to gamble for a long run to learn a lesson. People can learn a lesson by reading already experienced gamblers feedback. If everyone need to the gambler to understand then, everyone needs to lose a lot of money to learn this hard lesson.