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Author Topic: Everyone looses in the long run  (Read 96726 times)
shintosai
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February 06, 2017, 03:25:54 PM
 #2541

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Aside from those if you keep playing for a long time than you are bound to lose, its mathematically impossible for you to be profitable on the long run because of the odds of the house, there is always a house edge. Unless you play in a place with no house edge than you might overcome the house.
well its really a long discussion but only one concrete answer, you will always lose since there's a house edge that house getting from you and because of long period of playing chances of being greedy and forgetting how to manage your bankroll will be disregarded its always been this way better to stop and go or one shot hit then quit if you wants to earn little.

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February 06, 2017, 04:19:30 PM
 #2542

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.
Treat gambling as a way to entertain yourself and not as a source of income since it is very difficult to obtain earnings out of it for the simple reason the math of the game is against us in the form of the house edge, so don’t be greedy and play for fun.
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February 06, 2017, 06:04:26 PM
 #2543

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.
Treat gambling as a way to entertain yourself and not as a source of income since it is very difficult to obtain earnings out of it for the simple reason the math of the game is against us in the form of the house edge, so don’t be greedy and play for fun.
Making long run win in gambling is not easy, but you can make this in skill games. If you are a pro in Poker game, you can make it. And you will play sports betting you have a chance to make this. But don't concentrate on high odds you only concentrate on low odds and place high amount. Sometimes we will get big losses because of unexpected results. If you can afford this loss, you can make a long run in sports betting.
BitFinnese
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February 06, 2017, 07:04:12 PM
 #2544


If anyone will be lucky everytime they will gamble, then they will just do it all day and won't go to their work anymore. And if that will be the situation then no casino or gambling sites will be made anymore. Because they will just lose money if people can always earn profit from their business. Gambling is just for entertainment and not a way to make money.

There is always a loophole to everything, if you think that people wont earn anything from gambling then that is so wrong. If people actually dont win anything from gambling then there wont be anyone that got extremely lucky and win thousands of dollars through gambling in vegas and other places

some people win from gambling and the other is loss, it will be change from time to time and we don't know who will be the winner for next round. but in the end, every people which playing gambling in the long run will looses his money without he can realize that he loss big money so be careful if you decide to playing gambling in the long run.

Gambling in the long run is fine if it is an EV+ gambling. People actually dont know this kind of stuff and just gamble blindly and lose. They expect things to be better in the long run however it will just get worse, the moment that they realized this stuff actually they have already spent and lose Lot of money

Well i think people need to research or know what they are doing especially in gambling.  They should at least know the basic since all think that gambling is only affected by luck and there is no strategy or whatsoever to make your chance to win bigger, but I think otherwise. Proper planning and self control can make you walk away with a win.
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February 06, 2017, 08:01:42 PM
 #2545

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.
Treat gambling as a way to entertain yourself and not as a source of income since it is very difficult to obtain earnings out of it for the simple reason the math of the game is against us in the form of the house edge, so don’t be greedy and play for fun.
but most of the people play gambling for making money and not for entertainment and they can only entertained in gambling if they are making money in gambling. but it is also a fact that majority of people lose money in gambling but still they continue their struggle to make money in gambling.
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February 06, 2017, 08:47:20 PM
 #2546

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.
Treat gambling as a way to entertain yourself and not as a source of income since it is very difficult to obtain earnings out of it for the simple reason the math of the game is against us in the form of the house edge, so don’t be greedy and play for fun.
but most of the people play gambling for making money and not for entertainment and they can only entertained in gambling if they are making money in gambling. but it is also a fact that majority of people lose money in gambling but still they continue their struggle to make money in gambling.

There are people who happen to use gambling sites or Casino to relax and spend some time to forget any problem they had.  Others go back to meet with their peers and have a chat.  Though there are those who does not care about the suroundings and just focused on the game to win money.  I think this is the beauty of gambling games, you can either play to win or to entertain yourself and refresh, removing all the stress given by your job.  Though you better have control cause if you left your game unattended, you will lose in the long run.

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February 06, 2017, 11:35:38 PM
 #2547

but most of the people play gambling for making money and not for entertainment and they can only entertained in gambling if they are making money in gambling. but it is also a fact that majority of people lose money in gambling but still they continue their struggle to make money in gambling.

People wont be able to make any money in gambling for sure. I'll probably be the first one to be rich in gambling if I could be making money from it. I have been gamble alot and Im not rich for sure , the only way to make money is to only invest in a gambling sites that has top volume and the result is worth it
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February 07, 2017, 01:52:25 AM
 #2548

but most of the people play gambling for making money and not for entertainment and they can only entertained in gambling if they are making money in gambling. but it is also a fact that majority of people lose money in gambling but still they continue their struggle to make money in gambling.

People wont be able to make any money in gambling for sure. I'll probably be the first one to be rich in gambling if I could be making money from it. I have been gamble alot and Im not rich for sure , the only way to make money is to only invest in a gambling sites that has top volume and the result is worth it
no i disagree with your opinion, you could make money in gambling it is just the mater of how much your chance. and the answer are there is very low chance for you to make it happen , you need a super lucky to leave gambling in the right time.

and ended up your career with a good amount to live in the rest of your life.

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February 07, 2017, 03:10:33 AM
 #2549

but most of the people play gambling for making money and not for entertainment and they can only entertained in gambling if they are making money in gambling. but it is also a fact that majority of people lose money in gambling but still they continue their struggle to make money in gambling.

People wont be able to make any money in gambling for sure. I'll probably be the first one to be rich in gambling if I could be making money from it. I have been gamble alot and Im not rich for sure , the only way to make money is to only invest in a gambling sites that has top volume and the result is worth it
no i disagree with your opinion, you could make money in gambling it is just the mater of how much your chance. and the answer are there is very low chance for you to make it happen , you need a super lucky to leave gambling in the right time.

and ended up your career with a good amount to live in the rest of your life.
You could earn if you are not that greedy. Make sure that you can provide a healthy bankroll to start with and not be greedy when the time comes you need it. Bet proper amounts and withdraw small amounts, in the long run, you could win. There is no assurance in that if you just gamble and not making good decisions. Better be safe than sorry.

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February 07, 2017, 03:26:50 AM
 #2550

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.

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February 07, 2017, 03:43:24 AM
 #2551

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.
Exactly, there is a reason why gambling sites is very profitable and that is because of the house edge. They have the advantage over us and of course since it's provably fair, it cannot be rigged but we are only be entitled for some temporary win.

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February 07, 2017, 05:37:38 AM
 #2552

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.

If the odds is high, that means your 'real' chance of winning is actually small although theoretically it still means 50 %, either you win or lose. The house doeant always win in the end however they will win in the long run on average and people just cant really tell the difference of these statements
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February 07, 2017, 06:10:38 AM
 #2553

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.

If the odds is high, that means your 'real' chance of winning is actually small although theoretically it still means 50 %, either you win or lose. The house doeant always win in the end however they will win in the long run on average and people just cant really tell the difference of these statements
That is true in the house but not in sports betting, in short, when you are gambling a game with house edge, there is no way you will be able to win in the long run, you cannot make a debate on that as it is based on math. On the other end, there is a gambling game called sports betting, we know that some games are manipulated, therefore odds that we saw might now be the real odds, that is just made to attract the public.

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February 07, 2017, 06:28:10 AM
 #2554

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.

If the odds is high, that means your 'real' chance of winning is actually small although theoretically it still means 50 %, either you win or lose. The house doeant always win in the end however they will win in the long run on average and people just cant really tell the difference of these statements
That is true in the house but not in sports betting, in short, when you are gambling a game with house edge, there is no way you will be able to win in the long run, you cannot make a debate on that as it is based on math. On the other end, there is a gambling game called sports betting, we know that some games are manipulated, therefore odds that we saw might now be the real odds, that is just made to attract the public.

Not every sportsbetting ia being manipulated, for some league that has millions of viewers like premier league and the others cant be manipulated therefore the result is pretty much real there unlike some lower league in england, the result could be manipulated to favor the house so that they could win huge money
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February 07, 2017, 07:42:35 AM
 #2555

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.
Exactly, there is a reason why gambling sites is very profitable and that is because of the house edge. They have the advantage over us and of course since it's provably fair, it cannot be rigged but we are only be entitled for some temporary win.

And if you don't know that house has always the advantage and you keep on gambling with your winnings for sure you are not going to be a productive gambler. I did that before that I don't really care with my profit but I keep on winning and winning again and manage to make some safety to myself by simply saving some of my wins to avoid too much lose in the long run.

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Xenophoto
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February 07, 2017, 02:05:08 PM
 #2556

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.
Exactly, there is a reason why gambling sites is very profitable and that is because of the house edge. They have the advantage over us and of course since it's provably fair, it cannot be rigged but we are only be entitled for some temporary win.

And if you don't know that house has always the advantage and you keep on gambling with your winnings for sure you are not going to be a productive gambler. I did that before that I don't really care with my profit but I keep on winning and winning again and manage to make some safety to myself by simply saving some of my wins to avoid too much lose in the long run.

I know the house has always the advantage, am I going to be a productive gambler now? No. The whole thing still depends on luck and skill. The output doesn't care if you know about the house edge and how it works. Just like you said, back then you didn't mind it at all but you still won and managed to save some of the money.

The favor is always on the house because otherwise the gambling site would eventually shut down. If you bet 33% chance, you would expect that the average output after thousands of rounds that it would be 1 win every 3 rounds but it would be far from that. The "small" house edge seems to make a huge difference for me.

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February 07, 2017, 02:49:30 PM
 #2557

If the house edge has the advantage against us then we should take an advantage too while playing gamble games which is saving, so whenever we are losing we can say it totally not. If you feel that you have already made a profit, stop for a while and continue tomorrow.

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bitllionaire
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February 07, 2017, 03:16:46 PM
 #2558

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.
Treat gambling as a way to entertain yourself and not as a source of income since it is very difficult to obtain earnings out of it for the simple reason the math of the game is against us in the form of the house edge, so don’t be greedy and play for fun.
but most of the people play gambling for making money and not for entertainment and they can only entertained in gambling if they are making money in gambling. but it is also a fact that majority of people lose money in gambling but still they continue their struggle to make money in gambling.
in fact entertainment is not the main reason for playing gambling. most of the people play gambling for making money and only then they can entertain gambling other wise they will feel gambling as boring game of the world. i think if some one want to get entertainment so there are so many other types of activity from where one can get more fun and enjoyment as compare to gambling.
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February 07, 2017, 04:04:36 PM
 #2559


in fact entertainment is not the main reason for playing gambling. most of the people play gambling for making money and only then they can entertain gambling other wise they will feel gambling as boring game of the world. i think if some one want to get entertainment so there are so many other types of activity from where one can get more fun and enjoyment as compare to gambling.

Some people feel different about it, they want to get entertainment form it and also making money at the same time. This is a good way of doing two things in the same time, some people get lucky of course and win so we cant really blame them for what they are doing as long as they feel cool about losing money in gambling
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February 08, 2017, 01:23:59 AM
 #2560

I don’t get how everyone can’t see this. Of course because of the odds the house is the only one that wins on the long run. If you are a huge whale and bet big amounts and win on the short run and withdraw than you can win, even if you are smaller and just take out a small amount than you can win.

Whether the odds are high or small the house will always win in gambling in the end. This is all about business because this will make them keep on operating and they are not going to build gambling site that is not in favor of them. And always expect that if you are an addicted gambler, you'll just lose in the end or if you can win, very minimal percentage.
Exactly, there is a reason why gambling sites is very profitable and that is because of the house edge. They have the advantage over us and of course since it's provably fair, it cannot be rigged but we are only be entitled for some temporary win.

If once your a gambler to their site and you withdraw all your winnings house edge has their part with it. And if you are going to gamble again with your winnings they have their part again with it so they are going to have double time on getting profit with you. That makes all of us lose in the long run depending on how we are going to use our winnings and will fall for our addiction.

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