Shinpako09
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April 29, 2016, 04:44:03 AM |
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It can be only possible if you are making some profit with gambling and to make some profit with gambling is really hard because you need to be lucky and luck is very rare in gambling. So in the most cases people are losing more money than they can win money so it would be not profitable.
Yes, its almost impossible. Before i thought its possible coz i see a player constantly winning in the long run but after reaching almost 60btc he lost and get down to 40+. I thought he can recover but no and hes down to 20+btc now.
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SparkedDev
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April 29, 2016, 05:21:02 AM |
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It can be only possible if you are making some profit with gambling and to make some profit with gambling is really hard because you need to be lucky and luck is very rare in gambling. So in the most cases people are losing more money than they can win money so it would be not profitable.
Yes, its almost impossible. Before i thought its possible coz i see a player constantly winning in the long run but after reaching almost 60btc he lost and get down to 40+. I thought he can recover but no and hes down to 20+btc now. Yep ive seen it my self just a few days ago. Grats to jeanfr for becoming the top better on the site. With 463.95807512 BTC bet that makes him #1He started with a big 6 btc win with 0.0055 as the bet he hit 1111x. The win can be found here: https://bitvest.io/results?query=33036618 Then got up to 15 btc then cashed out 10 btc then continued to take the house down. Finished with a 9.6 btc profit becoming #1, an having one of the longest runs to date on bitvest.
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Herbert2020
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April 29, 2016, 07:25:02 AM |
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Its possible to make profit on a long term but you would need a lot of luck to do this and for the most under us this is not possible. Gambling is depending on luck and on a long term its even gonna be a more difficult.
It is possible if you know how to choose a gambling type that the house advantage is less. Let's go to sports betting gambling where you can have a good advantage, if you can choose winners consistently and able to manage your bankroll properly you will be successful in the long run. Nothing is impossible in the world making a consistently income from gambling requires impossible degree of luck and a profesional gambler the point is that you should not think of gambling as a "stable" or "consistent" way of earning money. it is obvious that winning and making profit is possible with gambling but it is just a possibility not a rule. it is not like a profession that you make money from as long as you are doing it.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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BeGoods
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April 29, 2016, 07:34:43 AM |
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There is no way for win as consistent on gambling. That is immposible. It is different with trading, it can profit as consistent.
never say impossible , because i have seen already a poker player who make a living from gambling on poker table for years. i will not say it is impossible , i prefer to say yes by gambling in the long run it is possible to be profitable. just play slowly and don't be greed to earn 10x 20x from your bankroll. 2x are enough. stop and continue in the next day. Who is the people? And how many people are like that? Give me more informations because your posted are minim info nobody people is always lucky in every day although you gamble on the game which base on skills? still on gambling Luck will always be there. so you can not have constant victory or always profitable in every day dude even big gamblers also may have suffered defeat in one day
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ElpadroBitcoin
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April 29, 2016, 07:38:29 AM |
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Gambling can be only profitable if you are lucky and the chance is really low that you can make some profit with gambling because the chance is just to be lucky to win some money. And the chance is really low that it can be profitable for you because losing is a higher chance.
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Metadextrous
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April 29, 2016, 07:42:38 AM |
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Gambling can be only profitable if you are lucky and the chance is really low that you can make some profit with gambling because the chance is just to be lucky to win some money. And the chance is really low that it can be profitable for you because losing is a higher chance.
I don't think it's down to luck purely, some thinking and self control also have a big part to be profitable in gambling. Skill is also needed in gambling so you could "beat" house edge, and use your self control to end your gamble while you have your profit.
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lorylore
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April 29, 2016, 09:58:32 AM |
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Gambling can be only profitable if you are lucky and the chance is really low that you can make some profit with gambling because the chance is just to be lucky to win some money. And the chance is really low that it can be profitable for you because losing is a higher chance.
yup, every game is design in such a way that you will tends to lose. and people tend to be greedy. so when you are winning, you will tend to play more, and the more you play, the probability will kick in and you will end up losing.
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jamesl22
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April 29, 2016, 10:09:00 AM |
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Gambling is all about luck, it can't be a long term income source because you don't know whether you will win or lose.I do gambling but just for fun ,it can't earn me money for living.
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silencesilence
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April 29, 2016, 10:55:36 AM |
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fifty-fifty, gambling makes a handful of rich people in the world in my country only 1 person holds all the gambling recently appeared another person of its competitors but killed him publicly in the city center
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maku
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April 29, 2016, 11:04:28 AM |
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Grats to jeanfr for becoming the top better on the site. With 463.95807512 BTC bet that makes him #1He started with a big 6 btc win with 0.0055 as the bet he hit 1111x. The win can be found here: https://bitvest.io/results?query=33036618 Then got up to 15 btc then cashed out 10 btc then continued to take the house down. Finished with a 9.6 btc profit becoming #1, an having one of the longest runs to date on bitvest. It means nothing - it is only short spike of luck. And we all know that it can happen once or twice in a lifetime. Someone will be a winner. But in the end you won't be able to recreate this win ever. You can't be a winner every time.
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SparkedDev
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April 29, 2016, 11:25:45 AM Last edit: April 29, 2016, 11:36:20 AM by SparkedDev |
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Grats to jeanfr for becoming the top better on the site. With 463.95807512 BTC bet that makes him #1He started with a big 6 btc win with 0.0055 as the bet he hit 1111x. The win can be found here: https://bitvest.io/results?query=33036618 Then got up to 15 btc then cashed out 10 btc then continued to take the house down. Finished with a 9.6 btc profit becoming #1, an having one of the longest runs to date on bitvest. It means nothing - it is only short spike of luck. And we all know that it can happen once or twice in a lifetime. Someone will be a winner. But in the end you won't be able to recreate this win ever. You can't be a winner every time. He kinda won for 12 straight hours that's a long ass luck streak. Plus its happened more then once since ive posted a lot of them. The reason normally casinos seem like that play out is because they got thousands of using playing at once. Saying i won if gambling wasn't profitable there wouldn't be professional gamblers. Granted yes everyone won't win, but still better odds then the lottery. An what do those loto crack pots always say can't win if you don't play. Id rather 1:36000 odds that i can change up on then 200+million odds. Ive seen more then a few drops a few bucks an walk away with a few hundred, most people like gambling because of what can happen already going in they know they will lose some or all.
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Sled
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April 29, 2016, 12:05:29 PM |
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Gambling is profitable for those people that have luck and some mathematical genious. They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
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teilwalL05
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April 29, 2016, 12:17:16 PM |
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Grats to jeanfr for becoming the top better on the site. With 463.95807512 BTC bet that makes him #1He started with a big 6 btc win with 0.0055 as the bet he hit 1111x. The win can be found here: https://bitvest.io/results?query=33036618 Then got up to 15 btc then cashed out 10 btc then continued to take the house down. Finished with a 9.6 btc profit becoming #1, an having one of the longest runs to date on bitvest. It means nothing - it is only short spike of luck. And we all know that it can happen once or twice in a lifetime. Someone will be a winner. But in the end you won't be able to recreate this win ever. You can't be a winner every time. He kinda won for 12 straight hours that's a long ass luck streak. Plus its happened more then once since ive posted a lot of them. The reason normally casinos seem like that play out is because they got thousands of using playing at once. Saying i won if gambling wasn't profitable there wouldn't be professional gamblers. Granted yes everyone won't win, but still better odds then the lottery. An what do those loto crack pots always say can't win if you don't play. Id rather 1:36000 odds that i can change up on then 200+million odds. Ive seen more then a few drops a few bucks an walk away with a few hundred, most people like gambling because of what can happen already going in they know they will lose some or all. Yup! the never say die attitude may work sometimes, and I think the people on the list are very lucky indeed and that kind of amount are a much and most won that I see they are a symbol of truly gambling sites will have a rank won winning on gambling and not all are just a mare loser on gambling.
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diegz
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April 29, 2016, 01:49:15 PM |
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Gambling is profitable for those people that have luck and some mathematical genious. They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
Well, in gambling, it's pure luck, and it is a plus if you could foresee the chances of winning...But surely, we can't predict the outcome of a game and if you look at it, there is always higher percentage of losing than winning which I think would make gambling not profitable if you play it for a long time...
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fullypak
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April 30, 2016, 12:39:49 AM |
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Its possible to make profit on a long term but you would need a lot of luck to do this and for the most under us this is not possible. Gambling is depending on luck and on a long term its even gonna be a more difficult.
If your saying need a luck to make money from gambling in the long run then it means, it is not possible. Gambling is meant for fun and entertainment and it is paid one but got a chance to win back our fee paid the fun in some times (if your lucky). But people understood it wrongly and they play for winning so it makes very difficult to make profits for any one in gambling. I don't think, any one can make money from gambling in the long run.
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lorylore
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April 30, 2016, 12:59:21 AM |
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The only one who can make profit in the long run is the casino cause he has the advantage. That is the beauty of math. The probability really plays a huge role in this case and almost everything tends to the expected probability in the long run. However, every distribution will have a normal distribution so there will be outlayers that able to profit from gambling but that does not means that it will work for 99.99%.
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goldcoinminer
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April 30, 2016, 03:54:20 AM |
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The only one who can make profit in the long run is the casino cause he has the advantage. That is the beauty of math. The probability really plays a huge role in this case and almost everything tends to the expected probability in the long run. However, every distribution will have a normal distribution so there will be outlayers that able to profit from gambling but that does not means that it will work for 99.99%.
That's true, but as I was saying, it depends on the type of gambling you choose from. If you are good in a specific type of gambling like poker, black jack, or sports betting then you have to devote your time to master it. Gambling is not easy but with proper study and research and with proper control of you emotion one can be successful in the long run.
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zerocharisma
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May 01, 2016, 06:21:04 AM |
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Gambling is profitable for those people that have luck and some mathematical genious. They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
For mathematical genius you say. They won't even gamble. Why?? They already know what the percentage of winning and calculated it. Most of them will say that it's a waste of time and money. It's all about luck and if bad luck strikes you better stay away from gambling.
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SparkedDev
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May 01, 2016, 06:28:40 AM |
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Gambling is profitable for those people that have luck and some mathematical genious. They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
For mathematical genius you say. They won't even gamble. Why?? They already know what the percentage of winning and calculated it. Most of them will say that it's a waste of time and money. It's all about luck and if bad luck strikes you better stay away from gambling. Thats not really true, a lot of smart people i know gamble its for the experience knowing the odds are against you and then you win and like i beat the odds. woot!!!!
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MTBTT
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May 01, 2016, 06:35:16 AM |
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Gambling is profitable for those people that have luck and some mathematical genious. They cant surely predict the outcome, but they have an idea or a chance what will be the outcome.
You can not just rely premises predictions only for victory. That's why you could have lost in gambling. as long as you run the risk of it. may be a bit risky to use gambling for long term
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