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Author Topic: Everyone looses in the long run  (Read 96724 times)
razor5cl
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August 02, 2016, 03:41:46 PM
 #1521

No doubt about it that you can really profit in sports betting than poker, because the percentage rate in winning in it are 80% you can surely spent time analyzing players or teams which you think has a better chance in dominating every game in a sports betting, but unlike poker that you can play on a whole day or can be played continually sports bets just come once every game.

I'd agree, if you absolutely HAVE to gamble I'd rather it was sports betting where at least there is a tiny semblance at least of skill involved, knowing teams and players etc, but even in this there is sometimes a big upset and everyone is shocked, at which point all the analysts and knowledgeable people stand up and say "damn, that's betting for you."
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August 02, 2016, 04:01:37 PM
 #1522

No doubt about it that you can really profit in sports betting than poker, because the percentage rate in winning in it are 80% you can surely spent time analyzing players or teams which you think has a better chance in dominating every game in a sports betting, but unlike poker that you can play on a whole day or can be played continually sports bets just come once every game.

I'd agree, if you absolutely HAVE to gamble I'd rather it was sports betting where at least there is a tiny semblance at least of skill involved, knowing teams and players etc, but even in this there is sometimes a big upset and everyone is shocked, at which point all the analysts and knowledgeable people stand up and say "damn, that's betting for you."


This is happening in sports betting when underdogs won and they made the people in big shock, that is the reason people saying gambling has no guarantee to win every time, sometimes this kind of unexpected result can take all money from us.
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August 02, 2016, 08:01:46 PM
 #1523

This is a common fact. Everybody knows or should now you will lose more then you invest in.
That's how gambling always have been working and how it will always work. Some users win, 99.9% lose.
of course you would lose money thats why i dont do gambling, i think that people should avoid using gambling websites in order to have less losses

You are wise to avoid gambling. I try to avoid it as much as i can too, but sometimes i need some excitement.
And gambling is the easiest way online to get some excitement. In a way it is the best way to get excitement, at least for me.
You are right, even when I know I will loose if I start gambling now which usually I do in late night.
Still I gamble and still I loose, still i curse myself and still the next day I repeat that. So maybe I am used to it. Yeah I agree too it provides excitement.
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August 02, 2016, 09:00:02 PM
 #1524

No doubt about it that you can really profit in sports betting than poker, because the percentage rate in winning in it are 80% you can surely spent time analyzing players or teams which you think has a better chance in dominating every game in a sports betting, but unlike poker that you can play on a whole day or can be played continually sports bets just come once every game.

I'd agree, if you absolutely HAVE to gamble I'd rather it was sports betting where at least there is a tiny semblance at least of skill involved, knowing teams and players etc, but even in this there is sometimes a big upset and everyone is shocked, at which point all the analysts and knowledgeable people stand up and say "damn, that's betting for you."


This is happening in sports betting when underdogs won and they made the people in big shock, that is the reason people saying gambling has no guarantee to win every time, sometimes this kind of unexpected result can take all money from us.
but the underdogs will not keep winning to a favourite teams right?
so you have a chance to make money even in the long run.
you just need to be carefully pick an event , and carefully to make analysis.
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August 02, 2016, 10:33:39 PM
 #1525

No doubt about it that you can really profit in sports betting than poker, because the percentage rate in winning in it are 80% you can surely spent time analyzing players or teams which you think has a better chance in dominating every game in a sports betting, but unlike poker that you can play on a whole day or can be played continually sports bets just come once every game.

I'd agree, if you absolutely HAVE to gamble I'd rather it was sports betting where at least there is a tiny semblance at least of skill involved, knowing teams and players etc, but even in this there is sometimes a big upset and everyone is shocked, at which point all the analysts and knowledgeable people stand up and say "damn, that's betting for you."


Or you can gamble with free money. This is an option too, if you want to have fun and not loose money at all. When I wanted not to risk my money in gambling anymore, I just downloaded some free gambling games and played with free, virtual cash. Even if it is virtual and you can't cashout, you will still rage one day though. Because then it's still going to be a loss for you: the time. Cheesy
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August 02, 2016, 10:37:33 PM
 #1526

of course everyone loses in a longer run because of that it is really dumb to gamble your bitcoins in order to become rich because it is nearly impossible in my opinion

 
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August 03, 2016, 12:45:49 AM
 #1527

If you are aiming to win more or to recover there's a chance of loosing everything you won or loosing every balance you have. In my experience every time i win a percent of my bankroll i will just withdraw it. Because i know if i will try to hit more the house will win. This is how i manage to win.
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August 03, 2016, 01:40:36 AM
 #1528

If you are aiming to win more or to recover there's a chance of loosing everything you won or loosing every balance you have. In my experience every time i win a percent of my bankroll i will just withdraw it. Because i know if i will try to hit more the house will win. This is how i manage to win.
It's called not pushing your luck so hard, the moment we feel we are already winning we should do the right thing and we can easily do that if we have a plan with our gambling session, it is just a matter of self control and put your self a limit in winning and losing.

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August 03, 2016, 03:11:51 AM
 #1529

of course everyone loses in a longer run because of that it is really dumb to gamble your bitcoins in order to become rich because it is nearly impossible in my opinion


Only people who doesn't have plan when they are going to gamble are the people who are losing in the long run with gambling. It is better if you are going to put some exact amount whenever you are going to gamble so that you know your limitations. But yeah, you are just going to fall down into losing even you have good plans.

Even if you have a good plan, you still lose in the long run since there no plan exist in doing gambling is just a matter of luck. The most important thing is you have control of  yourself  in times of losses and also you have control of your funds so that  you would not suffer too much if you lose big amount in the end.

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August 03, 2016, 03:40:57 AM
 #1530

If you are aiming to win more or to recover there's a chance of loosing everything you won or loosing every balance you have. In my experience every time i win a percent of my bankroll i will just withdraw it. Because i know if i will try to hit more the house will win. This is how i manage to win.

That's the right way to gamble, have a small goal and not into winning the whole bankroll of the house, few wins at a time then quit, then try again another day, win or lose, your money is not yet affected because of your previous winning, just don't make a greedy move if you lose.. As you've said, the more you try, the more chances that you will go home bankrupt...  Smiley But all of those si not yet and assurance that you are already safe from losing..
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August 03, 2016, 07:44:27 AM
 #1531

Yes i always believed that every one looses in long run in any type of gambling and no strategy will ever work.
But  i think its possible to earn in the long run in sports betting which is also considered as gambling.With a lot of patience,planning,strategy and good knowledge of sports i believe its possible to earn there for a long run.

You are right because if we actually play with bots. You can never say that the game is fair to you or to all the users in that site. Not like sports betting in which you can really say that its fair because you can see everything.
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August 03, 2016, 08:09:47 AM
 #1532

No doubt about it that you can really profit in sports betting than poker, because the percentage rate in winning in it are 80% you can surely spent time analyzing players or teams which you think has a better chance in dominating every game in a sports betting, but unlike poker that you can play on a whole day or can be played continually sports bets just come once every game.

I'd agree, if you absolutely HAVE to gamble I'd rather it was sports betting where at least there is a tiny semblance at least of skill involved, knowing teams and players etc, but even in this there is sometimes a big upset and everyone is shocked, at which point all the analysts and knowledgeable people stand up and say "damn, that's betting for you."


Truly gambling really is very shocking indeed, even if you had a knowledge in a certain way you can truly never tell if your gonna get the jackpot or not and I think that is the real essence of gambling and that what excite most players because nobody would expect who's really gonna win in the end.
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August 03, 2016, 10:31:40 AM
 #1533

This is a common fact. Everybody knows or should now you will lose more then you invest in.
That's how gambling always have been working and how it will always work. Some users win, 99.9% lose.
The problem is even those 0.01 or I will actually say 10% people who get lucky and win on a day are too much tempted and loose it all the next day or later. Once they loose they become more optimistic to win like they did earlier.
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August 03, 2016, 12:09:00 PM
 #1534

Minimizing risks is a difficult task in business, sports and games, but it is possible.
well yeah, it will always be risky and in a longer run no matter what you will definitely lose all your money if you will not stop gambling at the correct time
We need to stop as possible if we are already losing more money especially when our personal income is affected.
We can play gambling or continue playing it as long as we just use our extra money and we lose money of the amount that we can afford to lose.
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August 03, 2016, 12:44:34 PM
 #1535

Minimizing risks is a difficult task in business, sports and games, but it is possible.
well yeah, it will always be risky and in a longer run no matter what you will definitely lose all your money if you will not stop gambling at the correct time
We need to stop as possible if we are already losing more money especially when our personal income is affected.
We can play gambling or continue playing it as long as we just use our extra money and we lose money of the amount that we can afford to lose.
You are absolutely right, we should not put at risk our personal money not intended for gambling, the only money we should spend are the money we set aside for gambling, always consider that gambling is just for fun and we can never win that if we are just a typical gambler.

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August 03, 2016, 01:36:53 PM
 #1536

The only thing about gambling is sure that everyone at some point loose all winnings. it is only matter of time some people loose at start,some at medium period of their playing and few people who resist but reach to same fate in the end. I don't see any escape in long run whether you are experienced gambler or not you have to loose as this is obvious.
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August 03, 2016, 02:44:16 PM
 #1537

The only thing about gambling is sure that everyone at some point loose all winnings. it is only matter of time some people loose at start,some at medium period of their playing and few people who resist but reach to same fate in the end. I don't see any escape in long run whether you are experienced gambler or not you have to loose as this is obvious.

I've met a guy who won 10BTC in a day, so he quit his job to have more time to gamble. This guy was gambling all day, all night, even when he was out so he could get more and more profit. After having a +25BTC profit in a week, he rented a luxury house, paying the owner in BTC. This thing went so good for like 2 months and a half, until someone told him about a 'strategy' that works. He lost 6BTC in less than a minute with that "STRATEGY". So he panicked and didn't know what to do, ignored all our tips and he lost over 40BTC. So he didn't only loose his job because of gambling - he lost his friends (including me), his money, his home.. everything, basically.
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August 03, 2016, 08:04:53 PM
 #1538

Before going in to the gambling world, You must know what do to and what not to do.

Yes, I agree that gambling should be consider as a form of entertainment that one shouldn't gamble an amount they can't afford to lose. You must also know that generally the loss is much higher than profit.

Actually everyone who start gambling is considered a first timer.. Even if you are not a new gamblers and just trying out new gambling game, you will still be a first timer... At first if a gambler is not yet addicted, they are always careful about their bankroll, but as time pass they are going to go careless and recklessly betting lucky if they win and too bad if they lose, I guess that explains why in gambling every one looses in the long run..
We are only becoming addicted when we lose more than we win and that is because we are just human who are sometimes being enslave of our emotions that we can make a bad decision in gambling until we cannot control ourselves and will lose our precious money.
And that is the saddest reality because a gamblers with addiction needs to spend a lot of money to lose before he will realize that he is not doing the right thing in gambling, maybe because one is too desperate that is why he long for money in gambling.
Desperation is the right word yes I also think gamblers as they start gambling more and more become a lot desperate to win only because they know they lost a lot of money in past and hence they must win some. But if can understand a small thing that edge is always there against us, then maybe we stop gambling now.
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August 03, 2016, 11:19:10 PM
Last edit: August 03, 2016, 11:49:43 PM by RoomBot
 #1539

Yes i always believed that every one looses in long run in any type of gambling and no strategy will ever work.
But  i think its possible to earn in the long run in sports betting which is also considered as gambling.With a lot of patience,planning,strategy and good knowledge of sports i believe its possible to earn there for a long run.

You are right because if we actually play with bots. You can never say that the game is fair to you or to all the users in that site. Not like sports betting in which you can really say that its fair because you can see everything.

No you can't.  You can't see when people & race animals are doped up....

...or when a fight is "fixed."
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August 03, 2016, 11:34:16 PM
 #1540

Minimizing risks is a difficult task in business, sports and games, but it is possible.
well yeah, it will always be risky and in a longer run no matter what you will definitely lose all your money if you will not stop gambling at the correct time
We need to stop as possible if we are already losing more money especially when our personal income is affected.
We can play gambling or continue playing it as long as we just use our extra money and we lose money of the amount that we can afford to lose.
You are absolutely right, we should not put at risk our personal money not intended for gambling, the only money we should spend are the money we set aside for gambling, always consider that gambling is just for fun and we can never win that if we are just a typical gambler.
thats why im never putting my personal money into bitcoin gambling websites, i usually just play out of faucets in order not to lose anything

 
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