Everyone looses in the long run

[upsidedown75]

of course lol or else gambling wouldn't exist

Yep. Casino owners would only go bankrupt and shut their business down if they are not earning and the players just keep on winning. Imagine a scenario of 10 people in a casino. Among them 9 would lose and 1 would win but the reward is the total bet of 9 people only. The missing 1 bet is the pay for the casino. I'm not sure if I explained that properly as I'm really bad at explaining.

[1714787523]

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[trafficolaa]

of course lol or else gambling wouldn't exist

Actually the house designed to generate income for the owners of the casinos, the question why people are losing more than they are winning, because most of the people get started with low bankroll and when they won huge amount by chance, than they get greedy and want more and more, that is the reason they are losing all their money to the house.

[aranachristianjay]

of course lol or else gambling wouldn't exist

Actually the house designed to generate income for the owners of the casinos, the question why people are losing more than they are winning, because most of the people get started with low bankroll and when they won huge amount by chance, than they get greedy and want more and more, that is the reason they are losing all their money to the house.

Yeah,

at first when you just have a low amount of money to bet at the games, you tend to always win.

But because of that You will become greedy at the end and eventually makes your earning lose in the game.
Online casinos  have a lot of mysteries especially in the games like dice and Roulette.

So better to be contented on small winnings  and come back after some time.

[STT]

Even if there is no house edge like in sports betting

There is always a house edge even in sports betting.   If there was no edge they would be doing the service for free, the odds they quote include their fee and they gain a percentage of bets placed by doing so.    Even when people win they get slightly less then the losers on the same bet lost, so the house or sports book makes the difference between the two and cannot lose overall like a bettor does.

Thats presuming the book is balanced, I guess sports bets also get alot more bets one side then the other.  Its upto them how they handle that risk or maybe just close the book if its going too far one way but usually they keep making the odds worse I think.  Anyhow every betting operation is taking fees. 

 Same deal happens with foreign currency exchange, especially when they insist its a free service.  They make a ton of money on the two rates not matching evenly.   Thats normal competitive capitalism, its a skill to spot the best odds I guess

[Matt Guy]

Planning decreases your chances of mistakes, but it's important to be prepared
to deal with failure situations, because sooner or later may happen.

[Positid]

Planning decreases your chances of mistakes, but it's important to be prepared
to deal with failure situations, because sooner or later may happen.

I believe it too, before you are going to gamble make sure the amount you are going to gamble is you afford to lose. And make sure that it is not going to hurt your feelings whenever you are going to lose. But it is really necessary that in the end all of the gamblers are just losin easily.

That should be the practice if you are only having fun, but for professionals it is a different setting because they gamble more to win more and they are the persons who mostly make the right decision and in the long run will make money. They are the exemption to the rule.

[buddu]

Even professional gamblers have no exception of loosing because some people refer at poker where professionals compete each other. They ignore the fact that even one of two professional only one wins in spite of experience. This obvious thing to happen everyone in long run as gambler to loose at some stage of his gambling life to remain without everything.

[Mr. Big]

Planning decreases your chances of mistakes, but it's important to be prepared
to deal with failure situations, because sooner or later may happen.

That's not true, mistakes are inevitable in gambling, there is no clue  which one will be the right bet and which one is the wrong, or what card your opponent hold.. losing is also inevitable, that is why you should have prepared your self to accept that the money in your bankroll when you are gambling is already owned by the house or by the others that are playing.. 

[Kimi80]

 Not everyone, but most of players really lose in the long run just cause house have huge bankroll, that means they have a big advantage in the game. I have strategy in gambling, I call it hit & run! Not big money, try few games if I hit something, I stand up and run away. Cause of that I like to bet on sport games more then anything else, I find game or two with good odds and if you hit them good I take the money and I walk away, if I lose then I just find new games.
 
 Gambling can be very addicting game, in order to not fall in addiction never go in casino to take your money back. That is a trap in my opinion, nobody can take money back from them.

[Achargeturry78]

we all know that gambling is propose to give fun and relaxation for the one who plays it. but we can say that it is not for a long run because it is just a matter of luck. sometimes you won and sometimes not but the important thing to remember is don't be addicted to it because sooner or later, you'll gonna end up with nothing left at you. properties, money or even bitcoin, all of it can disappear in no time.

[diegz]

we all know that gambling is propose to give fun and relaxation for the one who plays it. but we can say that it is not for a long run because it is just a matter of luck. sometimes you won and sometimes not but the important thing to remember is don't be addicted to it because sooner or later, you'll gonna end up with nothing left at you. properties, money or even bitcoin, all of it can disappear in no time.

That's true, there is a chance that you will lose everything that you have if you keep on gambling, specially if you can't accept the truth if you fail in gambling, you will always chase your losses and start to act weirdly and betting desperately aiming at your goal to win what was gone..

[bitcoinboy12]

we all know that gambling is propose to give fun and relaxation for the one who plays it. but we can say that it is not for a long run because it is just a matter of luck. sometimes you won and sometimes not but the important thing to remember is don't be addicted to it because sooner or later, you'll gonna end up with nothing left at you. properties, money or even bitcoin, all of it can disappear in no time.

That's true, there is a chance that you will lose everything that you have if you keep on gambling, specially if you can't accept the truth if you fail in gambling, you will always chase your losses and start to act weirdly and betting desperately aiming at your goal to win what was gone..

And as a matter of fact I know a lot of people myself who have lost basically all of what they have just because of gambling. Better take this seriously else you might end up just like them.

[dunfida]

we all know that gambling is propose to give fun and relaxation for the one who plays it. but we can say that it is not for a long run because it is just a matter of luck. sometimes you won and sometimes not but the important thing to remember is don't be addicted to it because sooner or later, you'll gonna end up with nothing left at you. properties, money or even bitcoin, all of it can disappear in no time.

That's true, there is a chance that you will lose everything that you have if you keep on gambling, specially if you can't accept the truth if you fail in gambling, you will always chase your losses and start to act weirdly and betting desperately aiming at your goal to win what was gone..

And as a matter of fact I know a lot of people myself who have lost basically all of what they have just because of gambling. Better take this seriously else you might end up just like them.

This feeling would come out if youre greediness started to overcome yourself it would push you to catch up all your losses and hoping you would win in the next game  and betting double the amount so that you could  take your losses back in a single bet but  chances are too small to make that happen. I could say theres no guarantee in gambling.

[Anon_7716]

Planning decreases your chances of mistakes, but it's important to be prepared
to deal with failure situations, because sooner or later may happen.

Yeah, indeed we must expressly do prepare reduces the amount of betting that is done when we find some defeat, for it is the possibility of something that would be very negative impact for us. In the gambling all the things no one definitely needs a thoroughness and all that

[Hugroll]

everyone does lose in the long run, which is why most big gambling winning stories are someone striking it big in a couple of gambles. you never see like "man becomes millionaire after 5 years of gambling". I treat it as a hobby myself and gamble a little bit every month so if i lose i dont really mind.

[hua_hui]

Casino has been a very popular business, opening up one after another one all over the world is because they can make tons and tons of money. Why do some countries allow casino even though it brings a lot of social problems is because they know casinos can earn a lot and therefore they can tax a lot on it too.

[satdas]

i do not believe on it that everyone looses in the long run. i think it is a game of luck and there are present so many lucky person who have make such a good amount of money on gambling.

[lite]

Planning decreases your chances of mistakes, but it's important to be prepared
to deal with failure situations, because sooner or later may happen.

Well planning doesn't work always sometimes you lose control, when you're on winning streak will you stop? i will not i'll keep on gambling lol.

[aranachristianjay]

Planning decreases your chances of mistakes, but it's important to be prepared
to deal with failure situations, because sooner or later may happen.

Well planning doesn't work always sometimes you lose control, when you're on winning streak will you stop? i will not i'll keep on gambling lol.

That is why you are planning,

Planning to control your self when you had been overtaken by your greediness.
Yeah I will stop playing when I'm in my winning streak if I did planned for that before starting the game.

Planning not to be so greedy before starting the game saves a lot of money or bitcoins bet by the gamblers.
Planning to put limitations and tolerance to self control do give a lot of difference to those who didn't plan.

[naidray]

everyone does lose in the long run, which is why most big gambling winning stories are someone striking it big in a couple of gambles. you never see like "man becomes millionaire after 5 years of gambling". I treat it as a hobby myself and gamble a little bit every month so if i lose i dont really mind.

This is also a good reason to become a casino owner as every gambler looses in the long run and the casino owners rake in the profits.
I never really gamble huge amounts since I only play in casino to have fun and always expects to lose. If I do win, I just play them again since it's not really a high amount worth keeping.