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Author Topic: Everyone looses in the long run  (Read 96769 times)
markyminer
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January 25, 2017, 03:22:52 PM
Last edit: January 25, 2017, 08:58:36 PM by markyminer
 #2461

Would be very difficult to win some profits by gambling, if you can gamble for fun and know when to stop, you will not suffer huge losses.

As quoted profiting from gambling is really hard. Lucky people get it easy, but luck too won't stand long. While understanding the real facts and knowing the limits user could have lost some amount on gambling. Gambling for fun alone gives a positive vibe as well an excitement.

It is not requisite that everything is based on luck alone. Luck part matters a lot, but people who don't understand anything should not think of touching it. I mean if you are not good at dice, don't play it when you know that you are better at poker. Same applies to sports betting as well, if you don't know basketball, don't try to be over-smart by betting on intuitions, but you should concentrate on sports that you know well and bet on the same, as here, luck factor is not needed much because you will have analysis as well as knowledge of it.
i think we can categorize different gambling games according to their risk and profit. as in dice games we mostly depend on our luck and there is not use of experience and skill so dice games are too much risky because no one can be lucky for every time. while in sports game if you know good knowledge about the teams and their players performance then sports gambling is comparability less risky.

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January 25, 2017, 03:41:02 PM
 #2462

as long as you play on a game that have a house edge which it's has -EV , i'm sure you wouldn't have fun at all and never get profit in the long run. but you can try a game like poker or sportsbetting which has +EV , at least you would have better chance to fight for your luck there instead against house edge that honestly i think it's never ending.

If sportsbetting has EV+ house edge then everyone will win and no one will open up sportsbook site. Does this even make sense to you? because it doesnt to me, you might need to make some math calculation for this. Even if you do few math calculation, you wont really see sportsbet as an EV+ game
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January 26, 2017, 08:35:52 AM
 #2463

Would be very difficult to win some profits by gambling, if you can gamble for fun and know when to stop, you will not suffer huge losses.

It is really one of the hardest way to make money if you are going to treat gambling as source of your income. And it is already fated that a gambler will just lose in the end. So instead of thinking and aiming that you are going to win some amount, its better that you are just going to enjoy every single satoshi's that you are going to bet and just have fun.
Not so much if you are smart and firm on your strategies like a friend of mine does arbitrage betting and he never gives any loss in gambling but the problem doing so is that people often get frustrated and they make some rush bets. I am among the ones who tried arb but never succeeded.
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January 26, 2017, 09:02:33 AM
 #2464

I hear if you are capable you sustain for long run and start making profits, but this tread is saying totally opposite. If you bet for small amount like 1$ then you can get more chances and thus this allows you to understand better on where to bet and where not to bet.
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January 26, 2017, 10:30:06 AM
 #2465

Would be very difficult to win some profits by gambling, if you can gamble for fun and know when to stop, you will not suffer huge losses.

As quoted profiting from gambling is really hard. Lucky people get it easy, but luck too won't stand long. While understanding the real facts and knowing the limits user could have lost some amount on gambling. Gambling for fun alone gives a positive vibe as well an excitement.
Yeah people should wake up from dreaming to get profit in the long run
It's impossible to make it happen unless you gamble for once only
I mean bet one time 100 btc for example and don't get lured to come back , won it like 200 btc then withdraw it all
With that way you will not lost , but win forever.
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January 26, 2017, 11:28:47 AM
 #2466

I think that not everyone lose in gambling for the long run
there's many of the people can survice and get a profit from gambling. We know is not easy to do that
we need a skill and lucky for sure.
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January 26, 2017, 11:32:23 AM
 #2467

I think that not everyone lose in gambling for the long run
there's many of the people can survice and get a profit from gambling. We know is not easy to do that
we need a skill and lucky for sure.

Nope, I don't see it like that. Gambling result in the long run is always losing. When I say losing, it's not just money that you lose here, it includes your time that's probably been useful when you dedicate it to useful acts. Same as in money, in the long run, you may win few times, yes, that's true, but if you total it all, your wins and your lose, probably your lose is more compared to wins.

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January 26, 2017, 12:01:58 PM
 #2468


Well, that's not always the case. Sometimes even if you have techniques or whatever that we do to make losing slow down, if not prevented it's not enough, remember, when we are betting, we depend on luck and not just any beliefs to win.

There is no such thing as believing that you will win. If everyone keep losing and no one wins then how is it possible that people keep coming back to the site? There is a thin line between a smart and a lousy gambler, for me I dont keep on rampaging my money when I lose in fact I tend to find and gamble EV + bet
Not noone wins , but most people who gamble is always in losing.
It is like there is 10 player, a casino gives 1 player to win and actually the funds is taken from the rest of 9 player.
Because there is house edge , then they take percentage from there , that's why it called 'everyone lost'.
There's plenty of games that has no house edge, one of them are sports betting or those that we call as skilled based games. It is not only the house edge that made us lose in the long run but the lack of discipline in gambling, we always want it instant and that makes us greedy. If we think it is easy to win in gambling then that would only make us lose as we will not work hard to discover a working method.
Lack of discipline or something is a personal problem right?
So it's not the point , the point is when you as a player against the house edge will always give you bad result in the end
Why? Simply you need a luck to be the one who given a winning by the house everytime you play which it is hard.
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January 26, 2017, 12:12:27 PM
 #2469

Nope, I don't see it like that. Gambling result in the long run is always losing. When I say losing, it's not just money that you lose here, it includes your time that's probably been useful when you dedicate it to useful acts. Same as in money, in the long run, you may win few times, yes, that's true, but if you total it all, your wins and your lose, probably your lose is more compared to wins.

Some people are willing to gamble for hours in front of their computer or even in a casino and they feel good when doing it especially when they win so you cant really say that they are wasting their time. For some people that make their living through gambling spent alot of time in a day just to win some few amounts
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January 26, 2017, 12:19:36 PM
 #2470

Nope, I don't see it like that. Gambling result in the long run is always losing. When I say losing, it's not just money that you lose here, it includes your time that's probably been useful when you dedicate it to useful acts. Same as in money, in the long run, you may win few times, yes, that's true, but if you total it all, your wins and your lose, probably your lose is more compared to wins.

Some people are willing to gamble for hours in front of their computer or even in a casino and they feel good when doing it especially when they win so you cant really say that they are wasting their time.

So, are they after the fun or money? I am sure it's not fun that they are looking for there. I can't imagine sitting the whole day or even for 6 hours in front of my computer and just betting and putting my money to it. I will just make the gambling site rich with that.  Cheesy It is not the right way to make a living and definitely not a way to find the fun.

For some people that make their living through gambling spent alot of time in a day just to win some few amounts
It's ridiculous. The result of your act ( gambling ) might be very important, probably a meal for the family, why gamble it if you can find a job to make money.  Smiley

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January 26, 2017, 02:33:24 PM
 #2471

I hear if you are capable you sustain for long run and start making profits, but this tread is saying totally opposite. If you bet for small amount like 1$ then you can get more chances and thus this allows you to understand better on where to bet and where not to bet.
what is the definition of capable here in gambling. your experience? your money (investment) ? your strategy? your skill? or your luck? i think in gambling we cannot say it so confidently that who is capable in gambling and who is not, because some time an inexperience person make a lot of money, while some time a very poor person make millions over a night. so gambling is a game of luck and it mostly depend on our luck.
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January 26, 2017, 02:42:31 PM
 #2472

Nope, I don't see it like that. Gambling result in the long run is always losing. When I say losing, it's not just money that you lose here, it includes your time that's probably been useful when you dedicate it to useful acts. Same as in money, in the long run, you may win few times, yes, that's true, but if you total it all, your wins and your lose, probably your lose is more compared to wins.

Some people are willing to gamble for hours in front of their computer or even in a casino and they feel good when doing it especially when they win so you cant really say that they are wasting their time.

So, are they after the fun or money? I am sure it's not fun that they are looking for there. I can't imagine sitting the whole day or even for 6 hours in front of my computer and just betting and putting my money to it. I will just make the gambling site rich with that.  Cheesy It is not the right way to make a living and definitely not a way to find the fun.

For some people that make their living through gambling spent alot of time in a day just to win some few amounts
It's ridiculous. The result of your act ( gambling ) might be very important, probably a meal for the family, why gamble it if you can find a job to make money.  Smiley

i think gambling is the the right way to make money, one can make money in gambling no doubt about this may be he make a lot of money, but still the income from a gambling not reliable it is a game of chance and luck, if you are luck then you can certainly make good money in gambling but if you are not lucky then you will even lose your own, your experience and skill mostly do not work in gambling.
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January 26, 2017, 02:48:38 PM
 #2473

I hear if you are capable you sustain for long run and start making profits, but this tread is saying totally opposite. If you bet for small amount like 1$ then you can get more chances and thus this allows you to understand better on where to bet and where not to bet.
what is the definition of capable here in gambling. your experience? your money (investment) ? your strategy? your skill? or your luck? i think in gambling we cannot say it so confidently that who is capable in gambling and who is not, because some time an inexperience person make a lot of money, while some time a very poor person make millions over a night. so gambling is a game of luck and it mostly depend on our luck.

I agree with you in a way here. It doesn't matter if your bet is high or not. If the gambling type you chose are one of those that mainly rely on luck like dice, then you simply get 50/50 chance of winning. For slots though I don't think your chances are that high. so for long term, I agree that gambling is not a very good idea unless you're one lucky guy


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January 26, 2017, 03:23:07 PM
 #2474

THis is what i want to point to them not all people are looses when they playing or spend too much time on gambling some of them enjoying winning while others are loosing don't compare all people when they play gambling even a skilled people are loosing and newbie some are winning.
You are very right and most of it depends on luck. Some gamblers loses even in skill-based game maybe because they have missed something or did wrong so that's why sometimes they don't win. And newbies win because of pure luck.
It always depends on luck if you are just good for random bets and always depend on your luck sometimes the more you got to win in the end the more you got some loses its not all about skilled based but lucks more appropriate if you can handle with your coins then good to go.
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January 26, 2017, 03:57:14 PM
 #2475

I think that not everyone lose in gambling for the long run
there's many of the people can survice and get a profit from gambling. We know is not easy to do that
we need a skill and lucky for sure.

Definitely, we need skills and luck in gambling. But only a few people are here who make profit from gambling in a long run, and many people have lost everything in gambling. Because they have looses in the long run. But i have a thinking, i do small bets and many time in sports betting, because in sports if you have skills than you can win, and always do small bet because if you lose, than definitely, you never take tension. 
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January 26, 2017, 04:16:14 PM
 #2476

But i have a thinking, i do small bets and many time in sports betting, because in sports if you have skills than you can win, and always do small bet because if you lose, than definitely, you never take tension. 

If you think that sportsbetting need skill and you have the skill, why are you still betting a small amount until today? that just mean you are also not sure about what you are talking about and I know that sportsbetting doesnt really need superiol skill and all you need to do is to make some predictions for the match
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January 27, 2017, 12:58:37 AM
 #2477

But i have a thinking, i do small bets and many time in sports betting, because in sports if you have skills than you can win, and always do small bet because if you lose, than definitely, you never take tension. 

If you think that sportsbetting need skill and you have the skill, why are you still betting a small amount until today? that just mean you are also not sure about what you are talking about and I know that sportsbetting doesnt really need superiol skill and all you need to do is to make some predictions for the match

Actually even without prediction from others, by just watching their games, you could have an idea who with the two has the greater chance to win in the game. Sports betting is still gambling and that means, even without knowledge, just by luck you could have a chance to win. But all of it would just end in losing in the long run, that's how gambling works, you win today and you will lose few bets after.  Smiley

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January 27, 2017, 01:57:15 AM
 #2478

But i have a thinking, i do small bets and many time in sports betting, because in sports if you have skills than you can win, and always do small bet because if you lose, than definitely, you never take tension. 

If you think that sportsbetting need skill and you have the skill, why are you still betting a small amount until today? that just mean you are also not sure about what you are talking about and I know that sportsbetting doesnt really need superiol skill and all you need to do is to make some predictions for the match

Actually even without prediction from others, by just watching their games, you could have an idea who with the two has the greater chance to win in the game. Sports betting is still gambling and that means, even without knowledge, just by luck you could have a chance to win. But all of it would just end in losing in the long run, that's how gambling works, you win today and you will lose few bets after.  Smiley
Thats right mate even how good you are reveiwing and analyzing the games but if luck is not behind you theres still big chances of losing in the long run as you mention its still gambling and its very hard to win from time to time the only pissible is to lessen your risk if you know how to review well.
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January 27, 2017, 10:29:36 AM
 #2479

I think that not everyone lose in gambling for the long run
there's many of the people can survice and get a profit from gambling. We know is not easy to do that
we need a skill and lucky for sure.

Even most of them are surviving but still many of them are losing in the long run. Gambling is just created that way, so I do believe that we are just going to lose in the long run when we get too much exposure in gambling. But if you are that type of exceptional person that has a luck that's truly going to help you survive in the long run but I haven't heard that someone is like that.


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January 27, 2017, 11:27:45 AM
 #2480

I think that not everyone lose in gambling for the long run
there's many of the people can survice and get a profit from gambling. We know is not easy to do that
we need a skill and lucky for sure.

Even most of them are surviving but still many of them are losing in the long run. Gambling is just created that way, so I do believe that we are just going to lose in the long run when we get too much exposure in gambling. But if you are that type of exceptional person that has a luck that's truly going to help you survive in the long run but I haven't heard that someone is like that.
We have to be exceptional to be able to succeed, it's not easy to win therefore we have to work hard to develop ourselves and be a successful gambler. Majority loses in the long run but there are few who were able to succeed, that means of the majority losers only few are focus on their goal.

Sometimes we gamble and aim for profit despite the reality that we are not ready yet and that results to being frustrated along the way.
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