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Hashminers
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February 29, 2016, 04:18:39 PM |
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Gambling can not be profitable on a long term, its almost impossible because gambling is luck and luck is not constant if you ask me, I think you can gamble on a long term but you will not make profit, its not possible.
What maybe is possible is gambling on a long term and than win the lottery of the gambling website, you maybe made profit than but that is not really by gambling and a long term if you understand what I mean.
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"You Asked For Change, We Gave You Coins" -- casascius
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Mr.grin
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Activity: 1218
Merit: 1000
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February 29, 2016, 04:48:17 PM |
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Gambling can be really profitable on a long term but mostly likely for most people this will not happen because gambling is luck and luck is not always with you.
I think it can be possible but only for the lucky lucky ones because its maybe 10 on 100 that have this luck and make a lot of profit on a long term.
very few people who are very, very lucky to win in gambling on a long time, but if he finds a loophole that error of that program, then it could very easily happen |
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Phildo
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February 29, 2016, 04:56:03 PM |
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To make gambling profitable in the long term you need to make bets with a positive expected value.
The people running the dice sites can do that, the people playing on the dice sites cannot.
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Mist
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:)
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February 29, 2016, 05:01:42 PM |
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Just a plus one on the gambling diary thing. Would be a really interesting thing to see from someone like you
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JasonXG
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March 01, 2016, 03:04:07 AM |
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A very interesting article. It makes me wonder how much money you have actually won doing this ? What sort of games are best to produce optimum profit ?
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RealBitcoin (OP)
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March 01, 2016, 07:56:59 AM |
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A very interesting article. It makes me wonder how much money you have actually won doing this ? What sort of games are best to produce optimum profit ?
I havent tried it, but its just a mathematical inevitability that will eventually happen somewhere in the world. The lower the house edge the better, so I assume some dice site small house edge would work for this, but it's not guaranteed. |
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ultimatesky
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March 01, 2016, 08:55:34 AM |
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That will be not profitable in the long run. It is impossible. Gambling is made to make you addicted to it and waste money on it.
Ofcourse you win some small prizes, but it let you play more and more and that is not good. You must control yourself.
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MaxTax
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March 01, 2016, 09:24:21 AM |
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A very interesting article. It makes me wonder how much money you have actually won doing this ? What sort of games are best to produce optimum profit ?
I think the best games you can play to do this are tactic games, without a lot of luck, I think you can choose from poker games, and something like blackjack or something, they require less more luck than as a example dices. Poker is the best in my opinion because its very easy and also less more lucky than other games, and the point is also that poker is a real tactic game. |
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HarryKPeters
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March 01, 2016, 10:34:53 AM |
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That will be not profitable in the long run. It is impossible. Gambling is made to make you addicted to it and waste money on it.
Ofcourse you win some small prizes, but it let you play more and more and that is not good. You must control yourself.
Yeah this thread is sponsored by one of the many gambling sites for sure. If is was profitable, there would be no gambling sites anymore. Simply because they would encounter to many losses. |
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teilwalL05
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March 01, 2016, 11:44:49 AM |
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That will be not profitable in the long run. It is impossible. Gambling is made to make you addicted to it and waste money on it.
Ofcourse you win some small prizes, but it let you play more and more and that is not good. You must control yourself.
Yeah this thread is sponsored by one of the many gambling sites for sure. If is was profitable, there would be no gambling sites anymore. Simply because they would encounter to many losses. Well Gambling can be profitable in some point or some ways, a long run play isn't just playing a single day and you will going to play a whole day long, I think of a long run is that you are playing gambling a long time now and you had plenty of experience with it that you are already winning a lot and has lessen your losses because experience towards it makes you know things that your playing will change I personally set some safe zone in playing gambling this allows me to lessen my losses and minimize my bets with this technique I can assure that I would still have money to make profit with it. |
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ultimatesky
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March 01, 2016, 02:47:09 PM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
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teilwalL05
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March 05, 2016, 09:51:56 AM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
if they can realise that sooner they wouldn't be addicted to it, well addiction is booming now in the entire world and addiction to gambling is part of it well wasting money on not so very important things is a waste, but I'm still in to it but not all the time, |
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TwitchySeal
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Join the world-leading crypto sportsbook NOW!
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March 05, 2016, 02:11:36 PM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
Fun is not bad. It is good. |
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lite
Legendary
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Activity: 1400
Merit: 1009
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March 05, 2016, 03:06:09 PM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
People already know it's bad to gamble money lol but they still do it, it's because of the addiction and easy way to earn money. |
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BTCevo
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Activity: 1834
Merit: 1008
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March 05, 2016, 04:13:29 PM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
People already know it's bad to gamble money lol but they still do it, it's because of the addiction and easy way to earn money. Not just because of the addiction, the greediness and feeling want to recover your loss is one of a way why people keep on gambling. They should already know that gambling has a great risk but they keep on doing it again because they want to get profit and want to earn some quick cash. So if you can control yourself and get some good strategy I think you can get some profit not just in a short run but in a long run too |
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anoufal
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Activity: 100
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March 05, 2016, 06:24:23 PM |
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ga,bling is wrong :/
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wearepoor
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March 05, 2016, 06:39:06 PM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
Fun is not bad. It is good. Agreed with you, If you are enjoying and having fun while gambling then its good, but only if you can afford the loss caused because of gambling. If you can not afford then its not a fun. |
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newcoins1978
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March 05, 2016, 06:51:36 PM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
Fun is not bad. It is good. Agreed with you, If you are enjoying and having fun while gambling then its good, but only if you can afford the loss caused because of gambling. If you can not afford then its not a fun. Gambling is always but it is not profitable. Not today not ever. Even the most experienced player lose money. So when you gamble, at least I do, it's always for fun, never for money. |
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lite
Legendary
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Activity: 1400
Merit: 1009
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March 05, 2016, 07:38:27 PM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
People already know it's bad to gamble money lol but they still do it, it's because of the addiction and easy way to earn money. Not just because of the addiction, the greediness and feeling want to recover your loss is one of a way why people keep on gambling. They should already know that gambling has a great risk but they keep on doing it again because they want to get profit and want to earn some quick cash. So if you can control yourself and get some good strategy I think you can get some profit not just in a short run but in a long run too Controlling is the biggest problem in gambling(it's hard to stop when in winning streak). recently a guy on pd was up 300 btc he couldn't control himself and his profit went down to ~210 btc. |
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Zaun
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March 05, 2016, 07:50:07 PM |
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That can not happen. Gambling is made just for fun and for luck. But a normal person lose more money than you win money.
It is all wasted and it is just for fun and that is why it is so bad. But I hope more people will realize that gambling is very bad to do.
People already know it's bad to gamble money lol but they still do it, it's because of the addiction and easy way to earn money. Not just because of the addiction, the greediness and feeling want to recover your loss is one of a way why people keep on gambling. They should already know that gambling has a great risk but they keep on doing it again because they want to get profit and want to earn some quick cash. So if you can control yourself and get some good strategy I think you can get some profit not just in a short run but in a long run too Controlling is the biggest problem in gambling(it's hard to stop when in winning streak). recently a guy on pd was up 300 btc he couldn't control himself and his profit went down to ~210 btc. I think nobody can cash out a winning streak. There's just so much tension to keep on playing. Because you don't know when it stops. So no I don't think it can be profitable. |
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