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Author Topic: Everyone looses in the long run  (Read 96726 times)
hua_hui
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November 23, 2016, 01:45:35 AM
 #2121

As i played tonight i just realize that yes this is really true when you are trying to keep playing while you earn much profit from gambling and trying to earn more in the end you will end it up loosing it everything soo the real issue is you need to withdraw your bitcoin while your lucky because once you lose it you gonna lose it again for ever.

The long run even though differs for various individuals but its still the same thing because for that my long run is after 6 games and I ended up winning 4 times then I didnt lose in the long run but the issue there is I will still come back and ended up losing. And for someone whose longrun is more longer will get to win and win but lose eventually... So the only way not to lose overall is to know the right time to stop...

I think this is the issue with luck/chance based games.  But if you consider sports betting, you won't lose in the long run because you are gaining experience, able to know the advantages of every scenario and of course you are not fighting against the house. I think this is the beauty of sports betting, you can win in the long run.

I agree that sports betting is the only game that you can relatively win against the house continuously only if you have that predicting skills.

But sometimes our predictions in sports betting are not even accurate for we still don't know what will be the result of a match.

And still, you have more chance to counter that losing in the long run with sports betting but for other games surely that will pull you to losing in the long run.
You were able to say that because you love sports yourself and if I am not mistaken you are betting in sports. Our interest matters a lot because that game should suppose to give you an advantage. I believe in sports because I myself have won a considerable amount in the past but then I still lose it as I don't stop. But it gives me such a feeling of fulfillment that's I love it.

It is not interest but is about the system of the bet. The odds are designed in a way that the house edge also exist, however, even with the disadvantage, you still can rise your chance of winning significantly if you do intense research. That is why some people in the forum manage to prove that they can profit out of it and they can predict bets across a lot of different sports at one time.
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November 23, 2016, 04:38:41 AM
 #2122

As i played tonight i just realize that yes this is really true when you are trying to keep playing while you earn much profit from gambling and trying to earn more in the end you will end it up loosing it everything soo the real issue is you need to withdraw your bitcoin while your lucky because once you lose it you gonna lose it again for ever.

Once you lost it, you lost it forever, there is no coming back my friend or 'again' for that. For me, luck is the absence of skill, if you don't mind.
It would be lost  forever and it is on the  pocket of the website owner or  being won by the  other lucky player. Thats the essence of gambling on which all money have been lost is directly to the  house and some of it to the lucky players. Everyone really losses on the  long run thats why we should aware ourselves on when to stop especially when we are on the  green side.

That's the cycle of gambling, we are in the top of the circle and as the game goes round we are just going to roll and be in the bottom.

And again, you can be on top again but that is just for a short time and most of the time you will just surely lose for the house edge has always the advantage.

So if you are wise enough that you know this is how gambling works, you might just stop or moderate the way you gamble.

arseaboy
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November 24, 2016, 01:04:38 PM
 #2123

As i played tonight i just realize that yes this is really true when you are trying to keep playing while you earn much profit from gambling and trying to earn more in the end you will end it up loosing it everything soo the real issue is you need to withdraw your bitcoin while your lucky because once you lose it you gonna lose it again for ever.

Once you lost it, you lost it forever, there is no coming back my friend or 'again' for that. For me, luck is the absence of skill, if you don't mind.
It would be lost  forever and it is on the  pocket of the website owner or  being won by the  other lucky player. Thats the essence of gambling on which all money have been lost is directly to the  house and some of it to the lucky players. Everyone really losses on the  long run thats why we should aware ourselves on when to stop especially when we are on the  green side.

That's the cycle of gambling, we are in the top of the circle and as the game goes round we are just going to roll and be in the bottom.

And again, you can be on top again but that is just for a short time and most of the time you will just surely lose for the house edge has always the advantage.

So if you are wise enough that you know this is how gambling works, you might just stop or moderate the way you gamble.

That's true.. learn to be content once you have a your winnings then go home and try another day.. because for sure you'll ended up losing if you continue to gamble.. most gamblers don't do this way they tend to be greedy and of course they still ended up bankrupt.

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Labumi
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November 24, 2016, 01:07:14 PM
 #2124

As i played tonight i just realize that yes this is really true when you are trying to keep playing while you earn much profit from gambling and trying to earn more in the end you will end it up loosing it everything soo the real issue is you need to withdraw your bitcoin while your lucky because once you lose it you gonna lose it again for ever.

Once you lost it, you lost it forever, there is no coming back my friend or 'again' for that. For me, luck is the absence of skill, if you don't mind.
It would be lost  forever and it is on the  pocket of the website owner or  being won by the  other lucky player. Thats the essence of gambling on which all money have been lost is directly to the  house and some of it to the lucky players. Everyone really losses on the  long run thats why we should aware ourselves on when to stop especially when we are on the  green side.

That's the cycle of gambling, we are in the top of the circle and as the game goes round we are just going to roll and be in the bottom.

And again, you can be on top again but that is just for a short time and most of the time you will just surely lose for the house edge has always the advantage.

So if you are wise enough that you know this is how gambling works, you might just stop or moderate the way you gamble.

That's true.. learn to be content once you have a your winnings then go home and try another day.. because for sure you'll ended up losing if you continue to gamble.. most gamblers don't do this way they tend to be greedy and of course they still ended up bankrupt.

Greed is indeed the key issue in any gambling that exists in the world and most of them are also becoming greedy people will even be someone who had a bad life. because all funds they have lost only to use for gambling in which they only get a big loss. So if we want to get something beneficial in gambling then we must eliminate appetite and never greedy
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November 24, 2016, 01:28:52 PM
 #2125

Yes, most of the gamblers looses in the long run but some of them are not because they didn't give up on gambling that easy because they didn't want to just give up the bitcoin that they have lose in gambling, because they are always believing that they will win back all the bitcoin that they have lost in gambling and luckily some of them succeeded. All we need to do is to take the risk if we already start something in our life, we must finished it with a satisfaction and not just disappointment.
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November 24, 2016, 01:46:57 PM
 #2126

The wisest advice I've had ever heard of, regarding gambling is "keep it safe"...it could sound too simple but is true.

I doubt there aren't punters who are on the winning side of their long term betting, they might be as little as 1% (or even less) of all players but there is such punters, I believe that.
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November 24, 2016, 02:01:56 PM
 #2127

Indeed when you are playing gambling in the long right you feel boored and try to bet all your money in single shot and then feeling lose after loosing all your money Tongue it's already profit but it's gone and it's become stone the wissest gambler i know is they always withdrew there profit and then comeback when they sure to gambling again.
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November 24, 2016, 02:21:56 PM
 #2128

Indeed when you are playing gambling in the long right you feel boored and try to bet all your money in single shot and then feeling lose after loosing all your money Tongue it's already profit but it's gone and it's become stone the wissest gambler i know is they always withdrew there profit and then comeback when they sure to gambling again.
In the long run discipline is the most important factor I think, There's aways be a periods of time when we feeling unlucky (longer) and of course sometimes very lucky(shorter), the secret is cutting the losses in your bad days... by accepting what you already lost and just stop playing waiting another day (easy to say hard to do kind of thing) Smiley
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November 24, 2016, 04:20:33 PM
 #2129

Indeed when you are playing gambling in the long right you feel boored and try to bet all your money in single shot and then feeling lose after loosing all your money Tongue it's already profit but it's gone and it's become stone the wissest gambler i know is they always withdrew there profit and then comeback when they sure to gambling again.
In the long run discipline is the most important factor I think, There's aways be a periods of time when we feeling unlucky (longer) and of course sometimes very lucky(shorter), the secret is cutting the losses in your bad days... by accepting what you already lost and just stop playing waiting another day (easy to say hard to do kind of thing) Smiley

i agree. most of the time we can't control the result of our gambling. and when you play in casinos both online or on site, you also play against the house's advantage so really there's no win win situation for a player. it's a different case though when you have your own gambling site. so for us regular gamblers, i agree that the focus is how to manage our bets so we don't lose that much in case we're not that lucky on some days

 
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Doamader
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November 24, 2016, 04:42:55 PM
 #2130

I didnt had found till the moment no one that had made profit gambling, atleast a significant profit, that means risk something like 1 bitcoin and have atleast 2 bitcoin from gambling, since the odds are big at gambling. We all know that these is more a dream than a reality to be able to wint big prizes risking low ammounts, even being possible, its the hardest thing to try.
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November 26, 2016, 05:09:20 AM
 #2131

I didnt had found till the moment no one that had made profit gambling, atleast a significant profit, that means risk something like 1 bitcoin and have atleast 2 bitcoin from gambling, since the odds are big at gambling. We all know that these is more a dream than a reality to be able to wint big prizes risking low ammounts, even being possible, its the hardest thing to try.
No one? That's not true, in this world there's a lot of gambling games and there are gambling that is skilled based games where I believe more gambler are getting richer while the losers are getting poorer. Regardless of the chances, we still have the chance to win in gambling and that was proven by those lottery winners.

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November 26, 2016, 06:25:57 AM
 #2132

I didnt had found till the moment no one that had made profit gambling, atleast a significant profit, that means risk something like 1 bitcoin and have atleast 2 bitcoin from gambling, since the odds are big at gambling. We all know that these is more a dream than a reality to be able to wint big prizes risking low ammounts, even being possible, its the hardest thing to try.
No one? That's not true, in this world there's a lot of gambling games and there are gambling that is skilled based games where I believe more gambler are getting richer while the losers are getting poorer. Regardless of the chances, we still have the chance to win in gambling and that was proven by those lottery winners.
Some got rich but most of the gamblers are losers, if you will compared the loses to the winner you can maybe arrived of the total gamblers less that 1% are winners in the long run, so if you are a businessman who operates a gambling house, it's an opportunity for you to grow your money faster.

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carlfebz2
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November 26, 2016, 06:38:23 AM
 #2133

I didnt had found till the moment no one that had made profit gambling, atleast a significant profit, that means risk something like 1 bitcoin and have atleast 2 bitcoin from gambling, since the odds are big at gambling. We all know that these is more a dream than a reality to be able to wint big prizes risking low ammounts, even being possible, its the hardest thing to try.
No one? That's not true, in this world there's a lot of gambling games and there are gambling that is skilled based games where I believe more gambler are getting richer while the losers are getting poorer. Regardless of the chances, we still have the chance to win in gambling and that was proven by those lottery winners.
Some got rich but most of the gamblers are losers, if you will compared the loses to the winner you can maybe arrived of the total gamblers less that 1% are winners in the long run, so if you are a businessman who operates a gambling house, it's an opportunity for you to grow your money faster.
Youre calculations are true regarding on the ratio between lossers and winners on gambling field. In the reality of gambling everyone really losses on the long run that's why I don't tend to play gambling for more hours because I knew already what circumtances might happen when I do tend to play even more. If I gain already profits then that's the time  I should stop and don't proceed even more because there are many times I tend to play for more profits but  sadly those winning and  my capital is vanished on an instant.

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November 28, 2016, 08:00:30 AM
 #2134

As i played tonight i just realize that yes this is really true when you are trying to keep playing while you earn much profit from gambling and trying to earn more in the end you will end it up loosing it everything soo the real issue is you need to withdraw your bitcoin while your lucky because once you lose it you gonna lose it again for ever.

Once you lost it, you lost it forever, there is no coming back my friend or 'again' for that. For me, luck is the absence of skill, if you don't mind.
It would be lost  forever and it is on the  pocket of the website owner or  being won by the  other lucky player. Thats the essence of gambling on which all money have been lost is directly to the  house and some of it to the lucky players. Everyone really losses on the  long run thats why we should aware ourselves on when to stop especially when we are on the  green side.

That's the cycle of gambling, we are in the top of the circle and as the game goes round we are just going to roll and be in the bottom.

And again, you can be on top again but that is just for a short time and most of the time you will just surely lose for the house edge has always the advantage.

So if you are wise enough that you know this is how gambling works, you might just stop or moderate the way you gamble.
That's true, because for sure our winning stake is not permanent, we can lose in gambling because for me, most of the time losing is more often than winning, so we need to be wise enough when we are playing gambling.
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November 28, 2016, 09:07:00 AM
 #2135

Why there are so many threads about how gambling is bad etc, if you think it's not good for you just stop it !

Because that is the fact on how gambling works and in reality if there are people that have a positive side on gambling there are so many gamblers that are having a hard time in getting a profit in gambling and they are all asking how does other players are doing it so in my opinion there would be a lot of negative comments and threads that you may see here than positive ones!
a lot of people share their experience gambling for years , and the result mostly ended up have negative profit which it is means convinced enough for everyone to believe gambling always lost in the long run with those people stories.

also never be an easy task to stop gambling , once you get in.

Yup! that is why I have said many people are having a hard time in getting profit in gambling, even if there are some that are profiting in it, I think a large number of people are losing much than winning and most of them are playing the long run in gambling, well in my opinion provided with some knowledge stay away from other methods and just stay with sports betting instead.
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November 28, 2016, 01:43:13 PM
 #2136

Why there are so many threads about how gambling is bad etc, if you think it's not good for you just stop it !

Because that is the fact on how gambling works and in reality if there are people that have a positive side on gambling there are so many gamblers that are having a hard time in getting a profit in gambling and they are all asking how does other players are doing it so in my opinion there would be a lot of negative comments and threads that you may see here than positive ones!
a lot of people share their experience gambling for years , and the result mostly ended up have negative profit which it is means convinced enough for everyone to believe gambling always lost in the long run with those people stories.

also never be an easy task to stop gambling , once you get in.

Yup! that is why I have said many people are having a hard time in getting profit in gambling, even if there are some that are profiting in it, I think a large number of people are losing much than winning and most of them are playing the long run in gambling, well in my opinion provided with some knowledge stay away from other methods and just stay with sports betting instead.
Thanks for promoting my favorite gambling game, however a type of game does not guarantee you from not losing your money. In my overall calculation on gambling, we are playing against the odds here, our chances are very slim, no wonder only few number of gamblers are successful.

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danherbias07
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November 28, 2016, 02:29:58 PM
 #2137

Why there are so many threads about how gambling is bad etc, if you think it's not good for you just stop it !

Because that is the fact on how gambling works and in reality if there are people that have a positive side on gambling there are so many gamblers that are having a hard time in getting a profit in gambling and they are all asking how does other players are doing it so in my opinion there would be a lot of negative comments and threads that you may see here than positive ones!
a lot of people share their experience gambling for years , and the result mostly ended up have negative profit which it is means convinced enough for everyone to believe gambling always lost in the long run with those people stories.

also never be an easy task to stop gambling , once you get in.

Yup! that is why I have said many people are having a hard time in getting profit in gambling, even if there are some that are profiting in it, I think a large number of people are losing much than winning and most of them are playing the long run in gambling, well in my opinion provided with some knowledge stay away from other methods and just stay with sports betting instead.
Thanks for promoting my favorite gambling game, however a type of game does not guarantee you from not losing your money. In my overall calculation on gambling, we are playing against the odds here, our chances are very slim, no wonder only few number of gamblers are successful.

Indeed. That low percentage of winning is being forced by players which is really a bad choice. Why not just rely on games that uses your own skill like poker which needs some bluffing and reading the cards. Although some can get through with luck also.

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November 28, 2016, 04:05:26 PM
 #2138

Why there are so many threads about how gambling is bad etc, if you think it's not good for you just stop it !

Because that is the fact on how gambling works and in reality if there are people that have a positive side on gambling there are so many gamblers that are having a hard time in getting a profit in gambling and they are all asking how does other players are doing it so in my opinion there would be a lot of negative comments and threads that you may see here than positive ones!
a lot of people share their experience gambling for years , and the result mostly ended up have negative profit which it is means convinced enough for everyone to believe gambling always lost in the long run with those people stories.

also never be an easy task to stop gambling , once you get in.

Yup! that is why I have said many people are having a hard time in getting profit in gambling, even if there are some that are profiting in it, I think a large number of people are losing much than winning and most of them are playing the long run in gambling, well in my opinion provided with some knowledge stay away from other methods and just stay with sports betting instead.
Thanks for promoting my favorite gambling game, however a type of game does not guarantee you from not losing your money. In my overall calculation on gambling, we are playing against the odds here, our chances are very slim, no wonder only few number of gamblers are successful.

Yup! you are right even if a person is playing with his favorite gambling game, he can not simply escape from the truth that gambling would not guarantee you from losing a bet, cause all of the gambling methods are against the odds, even in sports betting, the only difference in sports betting you can analyze so you can have a bigger chance in winning with it.
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November 28, 2016, 06:14:18 PM
 #2139

Why there are so many threads about how gambling is bad etc, if you think it's not good for you just stop it !

Because that is the fact on how gambling works and in reality if there are people that have a positive side on gambling there are so many gamblers that are having a hard time in getting a profit in gambling and they are all asking how does other players are doing it so in my opinion there would be a lot of negative comments and threads that you may see here than positive ones!
a lot of people share their experience gambling for years , and the result mostly ended up have negative profit which it is means convinced enough for everyone to believe gambling always lost in the long run with those people stories.

also never be an easy task to stop gambling , once you get in.

Yup! that is why I have said many people are having a hard time in getting profit in gambling, even if there are some that are profiting in it, I think a large number of people are losing much than winning and most of them are playing the long run in gambling, well in my opinion provided with some knowledge stay away from other methods and just stay with sports betting instead.
Thanks for promoting my favorite gambling game, however a type of game does not guarantee you from not losing your money. In my overall calculation on gambling, we are playing against the odds here, our chances are very slim, no wonder only few number of gamblers are successful.

Yup! you are right even if a person is playing with his favorite gambling game, he can not simply escape from the truth that gambling would not guarantee you from losing a bet, cause all of the gambling methods are against the odds, even in sports betting, the only difference in sports betting you can analyze so you can have a bigger chance in winning with it.

Analysing is the main difference in b/w slot games and sports betting. But now the sports games are changed we are getting a number of unexpected results. Our guessing is not working these games also started to depend on Luck. So now the winning chances in sports betting are reduced. But in the long run, compare to slot games the sports betting is better.
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November 28, 2016, 06:25:50 PM
 #2140

Greed is indeed the key issue in any gambling that exists in the world and most of them are also becoming greedy people will even be someone who had a bad life. because all funds they have lost only to use for gambling in which they only get a big loss. So if we want to get something beneficial in gambling then we must eliminate appetite and never greedy
In one sense everyone is greed as everyone is continuously struggling for making money, and I never saw a single person who have stop earning because he considered his earned money enough for spending life. Therefore everyone is in fact greedy. So, it will be obvious with failure of emotion control, everyone will lose in gambling for sure.
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