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Author Topic: Everyone looses in the long run  (Read 96722 times)
fullypak
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September 02, 2016, 01:26:09 AM
 #1681

It is hard to win in the long run if you do not have a good amount of bankroll you can use in gambling. The more you play the lesser your chances and if you are an emotional person you will not succeed in gambling because you will be easy affected by your feelings which is not good in gambling.

Yeah but anyways it's all about luck. In the long run if you would keep playing unlimited you would go bankrupt. But if you just get lucky once and quit after that (lets say a jackpot) thats how you win.
The thing is when are you gonna win that jackpot and even if you are going to win that jackpot are you gonna be satisfied, as human we are greedy so if we are gonna do that in gambling we will surely still gonna lose in the end, it is a game of run so we will lose in the long run.

That's why don't keep any target while gambling instead just think that you're gambling for just fun and if you win any money then you think that day you're lucky. But don't gamble every day because you may lose lot of money instead just gamble weekly or monthly couple of time with fixed amount.
BitcoinMuscle
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September 02, 2016, 01:38:26 AM
 #1682

Having a good finantial plan certainly decreases your chances for doing big mistakes. It is important to be always prepared to avoid failure situations, because sooner or later things can become more difficult.

That's why people with low income should never view gambling as source of money, because loses will always be more painful than happines from winnings. And overall gambling should be viewed as entertainment, not money making or profession.
The rule in everything that you invest: ,,Don't invest only what you afford to lose'' so if you have money just for everyday life it is obvious that you will keep that money safe. gambling its not for everyone
rio3233
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September 02, 2016, 01:49:54 AM
 #1683

I think it's depend on what type of gambling that you gamble. If you gamble on dice sites and provably fair games, you can easily busted if you gamble for long run.
morantis
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September 02, 2016, 02:01:47 AM
 #1684

keep in mind that casinos and the gambling sites actually pay out around 97% of the funds that they take in.  that means that if 100 people bet $1 each in the first hour, that probably $97 was paid back.  Most likely 50-70 people won the same dollar right back, breaking even, another 20 people lost their bets, losing a dollar and a handful made $5-20 returns, doing well.

In the second hour, the same 100 people return and bet an identical $1 with the same overall results.  The difference being that the people that broke even in the first hour have a 25% chance of losing the second hour, those that lost in the first hour have that same 25% of losing again, doubling their loses, and those that won a good amount in hour 1 have the same 25% chance of losing, giving some of the winnings back.

Each and every hour, the casinos has made only $3 off those 100 people, but each and every hour brings every repeat player closer to a loss, slowly depleting the bankroll and any winnings that come along.  Every hour that passes, the casino banks that $3 and the repeat players continue forward, getting closer to the loss.  A player has two choices each hour, quit or keep going.  Eventually any player, along a endless time line will hit one of two results, complete loss or jackpot win.  The odds lie with the complete loss and not the jackpot win.

Take this scene and multiply it times 10,000.  Every hour, casino takes a quiet 3% of the money bet, it does not care who it comes from.  The casino will not cheat, will not steal and will not force anyone, it will simply sit back and collect that 3%, happy each day at the end of the day.  They like the players that win, they bring more business.
Finestream
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September 02, 2016, 02:02:23 AM
 #1685

I think it's depend on what type of gambling that you gamble. If you gamble on dice sites and provably fair games, you can easily busted if you gamble for long run.
Dice sites is good if you are lucky but in the long run you will lose therefore you just play for fun and you will safe there, it does not matter if you lose as long as you enjoy and to be safe does not mean you will not experience any loses, it is just a matter of minimizing your loses.

Capradina
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September 02, 2016, 08:06:11 AM
 #1686

I think it's depend on what type of gambling that you gamble. If you gamble on dice sites and provably fair games, you can easily busted if you gamble for long run.
Dice sites is good if you are lucky but in the long run you will lose therefore you just play for fun and you will safe there, it does not matter if you lose as long as you enjoy and to be safe does not mean you will not experience any loses, it is just a matter of minimizing your loses.
Dice sites are treated for bored people only and if you have a lot of spare time then you are going to spend it with dice sites. But only luck is going
to make you win with it. Because higher chance of losing is still there and if you are going to think about it only few people are winning good amount
of income with dice only the house edge does.

Your true friends, not just gambling dice. Can we get something it in all this world there is gambling. All gambling have the same opportunity, so as much as any of you tried it does not foster a great advantage for you. Because the advantage you get is only temporary and after that you will get a whopping huge (losses)
20kevin20
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September 02, 2016, 08:11:57 AM
 #1687

I think it's depend on what type of gambling that you gamble. If you gamble on dice sites and provably fair games, you can easily busted if you gamble for long run.
Dice sites is good if you are lucky but in the long run you will lose therefore you just play for fun and you will safe there, it does not matter if you lose as long as you enjoy and to be safe does not mean you will not experience any loses, it is just a matter of minimizing your loses.
Dice sites are treated for bored people only and if you have a lot of spare time then you are going to spend it with dice sites. But only luck is going
to make you win with it. Because higher chance of losing is still there and if you are going to think about it only few people are winning good amount
of income with dice only the house edge does.

Higher chance, lower profit. Higher profit, lower chance. Same thing, but one just takes more or less than another. It's still a bad idea to play with more than you can afford.
bias
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September 02, 2016, 08:16:43 AM
 #1688

Let's just say not every one losses because some players(punters) are always breaking even to avoid any loss then there are those gambling against all odds say 10000 odds to 1 dollar thereby allowing them to make a profit if the bookie bash despite all failed attempts!
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September 02, 2016, 11:39:41 AM
 #1689

I think it's depend on what type of gambling that you gamble. If you gamble on dice sites and provably fair games, you can easily busted if you gamble for long run.
Dice sites is good if you are lucky but in the long run you will lose therefore you just play for fun and you will safe there, it does not matter if you lose as long as you enjoy and to be safe does not mean you will not experience any loses, it is just a matter of minimizing your loses.
Dice sites are treated for bored people only and if you have a lot of spare time then you are going to spend it with dice sites. But only luck is going
to make you win with it. Because higher chance of losing is still there and if you are going to think about it only few people are winning good amount
of income with dice only the house edge does.

Higher chance, lower profit. Higher profit, lower chance. Same thing, but one just takes more or less than another. It's still a bad idea to play with more than you can afford.

True, even how you would adjust those odds on a certain game  the result would be still the same  which is  you would end  up lossing in the end. If you dont want to lose up soo much money then you should not play gambling after all.  Gambling is just for entertainment  and not a source of income.

maxhor
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September 02, 2016, 12:08:16 PM
 #1690

There is no confusion because gambling is not a giveaway and not even risk free opportunity to make easy money, what make people to lose because they get greedy when they find winning streak than they want to get more and more, that is why the house always get succeed in long term.
chixka000
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September 02, 2016, 12:52:56 PM
 #1691

Just do accept that we are losing in the long run, we are just an ordinary people and we do not belong to the special people who are making money in gambling if there is one. I myself, have already accepted a long time ago that gambling is hard job to do.

Good thing that you were to realize that gambling really is a tough  job. But we should always remember that those professional gamblers was also like us before yet i think most of them strive hard to become what they are right now
And the good thing with them is they have a lot of money to try on their way to being professional but we do not have that kind of resources, real gamblers are real risk takers some of them succeed but majority of them failed.

And when the real gamblers are taking risk for their money. But in the end sadly they are just losing their money. The real winner with gambling are only the house edge because it is business and if we are going to talk about business it means that they also want to get profit rather than they are going to let the gamblers win.

Well, thats commonsense because  gambling is a business and no owners like  to experience  bankruptcy in their investment which we can expect that gambler would lose in the end on playing gambling. Some may win but mostly gamblers are lossers and that thing are just common.
TO me only those gamblers loses in the long run who have no strategy of gambling, who always play gambling with all their money they have, and they have no limits of gambling, but those gamblers who are playing in a special manner and having limit for their win and lost they always remain safe,

Remain safe? I don't think so if you are goin to ask your fellow gamblers then tell me again if they are. Most of them do always says that there is no really thing called being  safe in gambling.
Safe is always there in gambling but we are not able to access it because we are too greedy to earn money. That's the attitude of most gamblers and the more we seek money the more we spend money which is very risky on the part of the gamblers since the house always wins. However, if you are here to play for fun then that is safe for me as you could minimize your loses.

Seriously dude? I think you are the only one here thinking that gambling can be safe. In anyways you are still going to lose some amounts in gambling even those what we call professionals. On the other hand you are correct that greed leads us to losing more.
Zooplus
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September 03, 2016, 05:51:06 AM
 #1692

Just do accept that we are losing in the long run, we are just an ordinary people and we do not belong to the special people who are making money in gambling if there is one. I myself, have already accepted a long time ago that gambling is hard job to do.

Good thing that you were to realize that gambling really is a tough  job. But we should always remember that those professional gamblers was also like us before yet i think most of them strive hard to become what they are right now
And the good thing with them is they have a lot of money to try on their way to being professional but we do not have that kind of resources, real gamblers are real risk takers some of them succeed but majority of them failed.

And when the real gamblers are taking risk for their money. But in the end sadly they are just losing their money. The real winner with gambling are only the house edge because it is business and if we are going to talk about business it means that they also want to get profit rather than they are going to let the gamblers win.

Well, thats commonsense because  gambling is a business and no owners like  to experience  bankruptcy in their investment which we can expect that gambler would lose in the end on playing gambling. Some may win but mostly gamblers are lossers and that thing are just common.
TO me only those gamblers loses in the long run who have no strategy of gambling, who always play gambling with all their money they have, and they have no limits of gambling, but those gamblers who are playing in a special manner and having limit for their win and lost they always remain safe,

Remain safe? I don't think so if you are goin to ask your fellow gamblers then tell me again if they are. Most of them do always says that there is no really thing called being  safe in gambling.
Safe is always there in gambling but we are not able to access it because we are too greedy to earn money. That's the attitude of most gamblers and the more we seek money the more we spend money which is very risky on the part of the gamblers since the house always wins. However, if you are here to play for fun then that is safe for me as you could minimize your loses.

Seriously dude? I think you are the only one here thinking that gambling can be safe. In anyways you are still going to lose some amounts in gambling even those what we call professionals. On the other hand you are correct that greed leads us to losing more.
He meant we can be safe if we will not lose all our money and if we will be able to follow the basic principle which is to gamble only the money that we can afford to lose, I think we are safe on that matter while we are also enjoying gambling because we only consider it as an entertainment.
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September 03, 2016, 11:34:21 AM
 #1693

I think the phrase "Everyone loses in the long run." only applies to those people who are too lazy to bet so they make a script instead. No script can take down the house of a gambling site because if there's any, then the admin will likely to counter it. And also if there's a script like that, then people of high intelligence should have thought of that already and it's likely that it will be scattered around the Internet by now.

Naoko
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September 03, 2016, 12:03:10 PM
 #1694

I think the phrase "Everyone loses in the long run." only applies to those people who are too lazy to bet so they make a script instead. No script can take down the house of a gambling site because if there's any, then the admin will likely to counter it. And also if there's a script like that, then people of high intelligence should have thought of that already and it's likely that it will be scattered around the Internet by now.

and add the fact that there will be no existing gambling site these days as they will surely close down if most players will win using those scripts. i just don't understand why there are some people that still believes that their scripts can make them win 100%
futurebit640
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September 03, 2016, 01:02:25 PM
 #1695

Let's just say not every one losses because some players(punters) are always breaking even to avoid any loss then there are those gambling against all odds say 10000 odds to 1 dollar thereby allowing them to make a profit if the bookie bash despite all failed attempts!

But in gambling, whether your super punters or newbie, you can't always win in the long run. I do agree in gambling experts can make good money in the short term sometimes but if they continue to gamble than surely they can't win always. It is all gamblers imagination that some experts can win so they also try to become experts and end up lose a lot of money in gambling.
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September 04, 2016, 03:06:48 AM
 #1696

I think the phrase "Everyone loses in the long run." only applies to those people who are too lazy to bet so they make a script instead. No script can take down the house of a gambling site because if there's any, then the admin will likely to counter it. And also if there's a script like that, then people of high intelligence should have thought of that already and it's likely that it will be scattered around the Internet by now.

You can't expect to win with manual bets in the long run either. Casino has edge over a player, you can't do nothing about it, no secret strategies, no "self-control". People who look for profit should pick something with positive expected value, which will never be the case with gambling.
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September 04, 2016, 04:38:44 AM
 #1697

We should never forget that gambling is a game, and all games depend on lose or winner, but in gambling only one thing people discuss that and it is losses, no doubt majority of the gamblers are lessors, but litter bit it is mistake of us, thats why we lose.

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September 04, 2016, 06:06:43 AM
 #1698

We should never forget that gambling is a game, and all games depend on lose or winner, but in gambling only one thing people discuss that and it is losses, no doubt majority of the gamblers are lessors, but litter bit it is mistake of us, thats why we lose.

it is not a mistake, it is how the game is designed. you lose in the long run because you don't have the edge. especially in games that you are playing against the house it is not possible to win in the long run, otherwise it would mean house should lose and go bankrupt.

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drwtsn32
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September 04, 2016, 06:52:18 AM
 #1699

I think it's depend on what type of gambling that you gamble. If you gamble on dice sites and provably fair games, you can easily busted if you gamble for long run.
Dice sites is good if you are lucky but in the long run you will lose therefore you just play for fun and you will safe there, it does not matter if you lose as long as you enjoy and to be safe does not mean you will not experience any loses, it is just a matter of minimizing your loses.

Minimizing the loss is a good thing to do instead of putting your all in a single game.
There can be different strategies on how to put your loss to a minimum. The most important thing to consider is how you will control your appetite in betting.
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September 04, 2016, 07:05:45 AM
 #1700

I think the phrase "Everyone loses in the long run." only applies to those people who are too lazy to bet so they make a script instead. No script can take down the house of a gambling site because if there's any, then the admin will likely to counter it. And also if there's a script like that, then people of high intelligence should have thought of that already and it's likely that it will be scattered around the Internet by now.

You can't expect to win with manual bets in the long run either. Casino has edge over a player, you can't do nothing about it, no secret strategies, no "self-control". People who look for profit should pick something with positive expected value, which will never be the case with gambling.

People lose in gambling because of the idea that they can get rich from it. If one is to gamble, his point of view should be for fun only because once he decided to get more from it and then be greedy then that's the time he already lose it. Luck will not always be on his side and everybody is trying to get money and the gambler is already on the losing side because of house advantage so better get out if you have already profit from the previous rounds and don't wait for the time when the house gets back what you won because of your greediness.

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