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Author Topic: Everyone looses in the long run  (Read 96724 times)
MinerHQ
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February 23, 2017, 06:15:09 AM
 #2761

in fact making money is difficult for those people who do have any experience in gambling. people says that gambling is 100% depending on our luck but i would like to say that for gambling we also require experience, skill and knowledge. and specially in sports gambling where you need to know about the performance of the players their week and strong points and their interest and their nature of playing and then you can surely increase the chance of your winning in gambling.

It is depends on the luck however you should know what you are doing , if you just gamble like it is nothing and hope that good luck strike you then thats probably not going to happen or even if it happened the chances for it to happen is incredibly low . Try to go for EV+ games as you have better chance to win in those kind of games

I think it is not correct to gamble to make money even with any knowledge-based games as well because at the end only luck can bring us money in gambling, and all other things are just help to reduce your losses in the longer run. So just gamble once in awhile for fun with a small amount and if you're lucky then you make some money otherwise just enjoy the games.
bitcoindusts
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February 23, 2017, 06:29:58 AM
 #2762

Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
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February 23, 2017, 08:55:55 AM
 #2763

It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

Many people do think of gambling as a big source of earning and think they can win jackpots and become millionaires. However they are the same people who after losing a big sum at the casino, complain that the casino is a scam one. Sometimes we must question these people that if they wanted to become millionaires then why are they getting angry on losses?

It is the greed which makes these people play more and more, and not concentrate on more productive stuff like getting a job or starting their own business which are good in the long term. Everyone wants to get rich in an easy way and no one wants to work hard for money.

R


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phr0stbyt3
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February 23, 2017, 03:57:07 PM
 #2764

Gambling is an old exercise that even started with the Roman empire. It has existed for a very long time and I don't think it is going to die any soon. In fact, as days passes by, it gains more popularity. The problem is when people resort to gamble in order to gain instant riches. Of course there are some people who have won big but that is just a matter of chance. It is true that in the long run, you will have to loose to the casino because the casino exists to make money from you and not give you money.
I don't think gambling or casinos are ever going to be stopped and i don't think we should actually blame casinos for people losing money in long run or maybe losing in general. It is obvious and one should clearly know that if casinos could actually double our then they would have been closed years ago. And out of every 10 gamblers only 1-2 people have been lucky till date and actually became rich from gambling.
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February 23, 2017, 07:26:40 PM
 #2765

Gambling is an old exercise that even started with the Roman empire. It has existed for a very long time and I don't think it is going to die any soon. In fact, as days passes by, it gains more popularity. The problem is when people resort to gamble in order to gain instant riches. Of course there are some people who have won big but that is just a matter of chance. It is true that in the long run, you will have to loose to the casino because the casino exists to make money from you and not give you money.
I don't think gambling or casinos are ever going to be stopped and i don't think we should actually blame casinos for people losing money in long run or maybe losing in general. It is obvious and one should clearly know that if casinos could actually double our then they would have been closed years ago. And out of every 10 gamblers only 1-2 people have been lucky till date and actually became rich from gambling.

the one thing that we can blame is our self because if we don't stop for playing gambling then we are risk our money in the long run and in that times, if we don't have a luck, then we can loss every thing and its really hard to recover our money since the casinos won't let us to get our money back so better we don't playing gambling for the long run.

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February 23, 2017, 09:25:47 PM
 #2766

It is important to remember to just gamble the amount you can afford to lose. We don't need to treat gambling as a solution to survive our living. It is not the answer if you are desperate needing money. Players always suffer from losing because they are beaten up of their own greediness.

You are perfectly right , greed is the reason many lose in the long run but not everyone lose in the long run because if you study the fundamentals of financial management and know when to quit you'll never lose in the long run but you'll rather maximize your wins against your loses.
Actually every man is greedy by nature, just need for the opportunity and he will never let that opportunity free us. Similarly when a person start earning money from gambling then he want to continue earning money so as we mostly depend on our luck and  we cannot be lucky for every time.
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February 23, 2017, 09:52:12 PM
 #2767

Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

I'm in 400,000 euros debt , dont help me , i rather die
blackhawkeye1912
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March 05, 2017, 04:20:21 AM
 #2768

As I said in other parts of the forum,you need to split everything in other activities, not stick to once.

Agreed on this things, at least there is a reservation in fun of games. Where the gambler will not get easily bored in the games, if you want to shift into something you go to other place of games. Though losses is most often happened than winning, well its in the blood og being a gambler.
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March 05, 2017, 06:36:48 AM
 #2769

Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

It is game of chances however we know that it wont really work. We could say that if we play with a chance of 98 % chance to win all the time, it will be easy to avoid that 2 % chance to lose. Imagine the chance, it is really low and when we play we know that it happened alot and make us lose most of the time
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March 06, 2017, 01:14:09 AM
 #2770

Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

It is game of chances however we know that it wont really work. We could say that if we play with a chance of 98 % chance to win all the time, it will be easy to avoid that 2 % chance to lose. Imagine the chance, it is really low and when we play we know that it happened alot and make us lose most of the time
That's where good strategy comes in, if you manage to do your best thing everytime you gamble, then you would see how it improves your chances in winning. Maybe you can try the first times, bet high and with a large amount at 95%. It's highly unlikely that you would lose the first time. Then lower the amount and continue to bet, and as you go further, wait for that losing moment then try it again.

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March 06, 2017, 04:00:35 AM
 #2771

Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

It is game of chances however we know that it wont really work. We could say that if we play with a chance of 98 % chance to win all the time, it will be easy to avoid that 2 % chance to lose. Imagine the chance, it is really low and when we play we know that it happened alot and make us lose most of the time
That's where good strategy comes in, if you manage to do your best thing everytime you gamble, then you would see how it improves your chances in winning. Maybe you can try the first times, bet high and with a large amount at 95%. It's highly unlikely that you would lose the first time. Then lower the amount and continue to bet, and as you go further, wait for that losing moment then try it again.
That would not work at all, everything has been tried by me and since we do gamble in the long run, there are times that we really unlucky. Choosing high percentage of winning will only work for awhile and as long as there is a house edge, we are not excepted of losing.
I hope we will learn from our experience, in gambling, it's more fun choosing bigger payouts especially when we are lucky.

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Caladonian
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March 06, 2017, 06:12:50 AM
 #2772

Mathematically everyone loses in the long run. This is because of the fact that there is a house edge and the chance or possibility of winning is bigger for house.  but we can counter this buy time cutting, meaning play and when quit when we are winning.
it's really easy to say like that , but can you make sure when you quit now and then in the next days you will always win before get busted? i don't think so , gambling didn't work with that way , it's always about 50/50 chance no matter if you face with a 1 percent house edge. that's my point of view by the way.

It is game of chances however we know that it wont really work. We could say that if we play with a chance of 98 % chance to win all the time, it will be easy to avoid that 2 % chance to lose. Imagine the chance, it is really low and when we play we know that it happened alot and make us lose most of the time
That's where good strategy comes in, if you manage to do your best thing everytime you gamble, then you would see how it improves your chances in winning. Maybe you can try the first times, bet high and with a large amount at 95%. It's highly unlikely that you would lose the first time. Then lower the amount and continue to bet, and as you go further, wait for that losing moment then try it again.
maybe it will work for someone but not for everyone, chances to lose even its in a first try can be possible, we can't say what will be the result
until its already showing, but you are correct strategy can be learned and adding some it to your game will allow you to have better chance, just be more attentive and keep your self in control not by emotions.
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March 06, 2017, 08:15:51 AM
 #2773

As I said in other parts of the forum,you need to split everything in other activities, not stick to once.

Agreed on this things, at least there is a reservation in fun of games. Where the gambler will not get easily bored in the games, if you want to shift into something you go to other place of games. Though losses is most often happened than winning, well its in the blood og being a gambler.
What influence us is our family but when I was young I do not play online gambling because normally we just play cards for fun but normally I'm the overall winner. However, my destiny has change in online gambling as I'm betting more fun betting online but in terms of profitability, I'm not standing good.

R


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March 06, 2017, 12:25:48 PM
 #2774

Gambling owners operate betting site to make money, it is a business. It is a kind of making money online where you can make a passive income but of course you need to promote first your site to gather more traffics and players. So gambling site is made only for entertainment where players is always on losing side and only the owner is earning...

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March 06, 2017, 01:06:54 PM
 #2775

Gambling owners operate betting site to make money, it is a business. It is a kind of making money online where you can make a passive income but of course you need to promote first your site to gather more traffics and players. So gambling site is made only for entertainment where players is always on losing side and only the owner is earning...
Builsing a gamblinng site is risky specially when you don't have huge capital. In terms of earning of players, not ncessarily thay players side always lose since there is a probabilty of winning on the side of players. However, I agree players can't defeat tue house edge. Players earn from other players lose, that's how tue gambling is working, we must accept it.

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daringdiscovered
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March 06, 2017, 01:17:05 PM
 #2776

Gambling owners operate betting site to make money, it is a business. It is a kind of making money online where you can make a passive income but of course you need to promote first your site to gather more traffics and players. So gambling site is made only for entertainment where players is always on losing side and only the owner is earning...
Builsing a gamblinng site is risky specially when you don't have huge capital. In terms of earning of players, not ncessarily thay players side always lose since there is a probabilty of winning on the side of players. However, I agree players can't defeat tue house edge. Players earn from other players lose, that's how tue gambling is working, we must accept it.

Plus you will need some strategies to promote your site to many people. When your gambling site is new you should make some events like amount wagered or deposit bonus when people registered on your site. That way it can attract some players on your site and when they like some features or design of your site, the news about it will spread and start recovering your capital building that gambling site.
bhadz
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March 06, 2017, 01:53:42 PM
 #2777

As I said in other parts of the forum,you need to split everything in other activities, not stick to once.

Agreed on this things, at least there is a reservation in fun of games. Where the gambler will not get easily bored in the games, if you want to shift into something you go to other place of games. Though losses is most often happened than winning, well its in the blood og being a gambler.

It's guaranteed that we are going to lose in the long run. And I do agree with this, we need to find some other activities. So that we can prevent from losing in the long run. Also that's another good thing if you are into losing streak, that can possibly break the unluckily gambling habit that you got.

sj2199
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March 06, 2017, 02:55:04 PM
 #2778

As I said in other parts of the forum,you need to split everything in other activities, not stick to once.

Agreed on this things, at least there is a reservation in fun of games. Where the gambler will not get easily bored in the games, if you want to shift into something you go to other place of games. Though losses is most often happened than winning, well its in the blood og being a gambler.

It's guaranteed that we are going to lose in the long run. And I do agree with this, we need to find some other activities. So that we can prevent from losing in the long run. Also that's another good thing if you are into losing streak, that can possibly break the unluckily gambling habit that you got.

If you will win in beginning then it will make you more greedy and you will keep on gambling more and more hoping to win every time and at that point you will start loosing and would be left empty handed at the end of the day.

erwin45hacked
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March 06, 2017, 05:26:33 PM
 #2779

It's guaranteed that we are going to lose in the long run. And I do agree with this, we need to find some other activities. So that we can prevent from losing in the long run. Also that's another good thing if you are into losing streak, that can possibly break the unluckily gambling habit that you got.

You are only going to lose if you play EV- games. Im pretty sure alot of people dont even know what it means however if you just do a simple research then you would know that this means you are not going to win no matter what and there are things called as EV+ which means we can win in the long run
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March 06, 2017, 11:28:54 PM
 #2780

It's guaranteed that we are going to lose in the long run. And I do agree with this, we need to find some other activities. So that we can prevent from losing in the long run. Also that's another good thing if you are into losing streak, that can possibly break the unluckily gambling habit that you got.

You are only going to lose if you play EV- games. Im pretty sure alot of people dont even know what it means however if you just do a simple research then you would know that this means you are not going to win no matter what and there are things called as EV+ which means we can win in the long run

Nope i do not believe in this, winning or losing in the long run depend on what strategy your are using.  Though method can be useless and it always make you lose at the end, pairing a strategy on this can reverse the  outcome.  Just for example having a martingale and quiting after a single win that followed losing streak can book you a winning.  Doing it again and agan can make your earn a winning more in the long run.

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