Gambling can be profitable in the long run! It is possible!

[Aleator]

Luck is the only factor to make profits from gambling.
Luck does not help you based on how long you have been into gambling. It works someday and not in some other day. So there are no possibilities to make profits even in long run with gambling.

play with luck it must be, but if you have big luck with only a small money, what will you do next? let your money gone, because your luck wont hanging for all time you gamble.

[beerlover]

Luck is the only factor to make profits from gambling.
Luck does not help you based on how long you have been into gambling. It works someday and not in some other day. So there are no possibilities to make profits even in long run with gambling.

play with luck it must be, but if you have big luck with only a small money, what will you do next? let your money gone, because your luck wont hanging for all time you gamble.

The more you work harder you will find more luciker. This may be most suitable for long run gamblers. Because if we work hard to learn all the aspects of gambling techniques, we can find ourselves more like year to win some profit from gambling in long run.

[Kevin77]

Luck is the only factor to make profits from gambling.
Luck does not help you based on how long you have been into gambling. It works someday and not in some other day. So there are no possibilities to make profits even in long run with gambling.

play with luck it must be, but if you have big luck with only a small money, what will you do next? let your money gone, because your luck wont hanging for all time you gamble.

To make long run you need to spend lot of amount for gambling. It is not at all recommended to spend more money for gambling. So I do not agree gambling would be profitable in long run. It is highly dependent on our luck. Our luck may favor in long run or in short-term itself to make profits from gambling.

[HarizDB]

Gambling can off course be very profitable in the long run. If you do have the right mindset and the set of skills required by the type of gambling your using, you could turn a hobby of yours to a side income, or even, for the best of gamblers, your main income. Imagine this: once, you just gambled casually, having fun, or trying to earn yourself a few bucks for beer money - and eventually beeing able to earn a whole lot of money by doing something you like and love. This sounds like the perfect dream.

[-Tx-Rider]

I like the scheme made by OP. It is quite accurate ... well, statistically. But for everyone of us it is irrelevant whether we have 90% or 10% chance of winning. What matters is whether we actually win or lose. So gambling can be profitable in the long run as much as it can't.

[jostorres]

I like the scheme made by OP. It is quite accurate ... well, statistically. But for everyone of us it is irrelevant whether we have 90% or 10% chance of winning. What matters is whether we actually win or lose. So gambling can be profitable in the long run as much as it can't.

Gambling can be profitable only based on our own performance. I guess long run may help for a better performance. But profits or losses are equally possible with gambling always.

[RealBitcoin]

The casino is not built to be a money making place, so you have the wrong idea what a casino is. It's only a game industry like video games, etc, where you buy the experience of the game. Thats all it is.

why would you even say something like that? are you stupid? of course a casino exists to make money, its a business. if it existed for entertainment like your delusional self says, they wouldnt kick out card counters, they would just throw money at whoever walks in, and they might even allow blackjack players to look at the entire deck while playing. its a business to make money, nothing more, the entertainment is there to keep people playing and losing.

No, I`m not stupid. The casino is not made to make money, in the sense as making money for their clients.

The casino is only a service provider, they provide a gaming experience for their clients.

They kick out cheaters because it threatens their house edge, which is their sole revenue source. However if it's a closed source game like poker, then it's no big deal.

I wait for online bitcoin poker sites or like pokerstars to accept bitcoin. You just play poker online, and they charge like 3-4% fees on your winnings, thats all, it would be reasonable.

[Falconer]

No, I`m not stupid. The casino is not made to make money, in the sense as making money for their clients.

The casino is only a service provider, they provide a gaming experience for their clients.

There is a difference between gaming service provider and a gambling site. A gaming service provider is something like netent and softswiss , they only provide games to play without providing any service for you to gamble. Casino exist to make money and that is the truth which you cant denied. They are afterall just a business like any others

[RealBitcoin]

No, I`m not stupid. The casino is not made to make money, in the sense as making money for their clients.

The casino is only a service provider, they provide a gaming experience for their clients.

There is a difference between gaming service provider and a gambling site. A gaming service provider is something like netent and softswiss , they only provide games to play without providing any service for you to gamble. Casino exist to make money and that is the truth which you cant denied. They are afterall just a business like any others

No not video games. "Game" is a complex word and it means many things.

When we talk about the gaming industry, it usually means the gambling one, because every casino game is a game after all. But instead using virtual currency, it uses real currency.


A casino is not made to make money, because then it wont go the lengths of providing so much services. If it were only make do make money then they would choose the easiest way.


For example a lottery: odds for winning ~0%, while they get good income. An average casino offers you a 99.5% change of letting you win (on the spot), of course being a net winner is a different story.


So if it were only for money then the house edge won't be as low as 0.5% in some cases, it would be >99% (like with lottery).

So I`m still stating that casinos are not entirely built to make money.

[Compa]

Luck is the only factor to make profits from gambling.
Luck does not help you based on how long you have been into gambling. It works someday and not in some other day. So there are no possibilities to make profits even in long run with gambling.

If luck is the only factor to make profit from gambling. I think its impossible can be profit in the long run, all people not lucky everytime and can not always win from their betting.

[koshgel]

No, I`m not stupid. The casino is not made to make money, in the sense as making money for their clients.

The casino is only a service provider, they provide a gaming experience for their clients.

There is a difference between gaming service provider and a gambling site. A gaming service provider is something like netent and softswiss , they only provide games to play without providing any service for you to gamble. Casino exist to make money and that is the truth which you cant denied. They are afterall just a business like any others

No not video games. "Game" is a complex word and it means many things.

When we talk about the gaming industry, it usually means the gambling one, because every casino game is a game after all. But instead using virtual currency, it uses real currency.


A casino is not made to make money, because then it wont go the lengths of providing so much services. If it were only make do make money then they would choose the easiest way.


For example a lottery: odds for winning ~0%, while they get good income. An average casino offers you a 99.5% change of letting you win (on the spot), of course being a net winner is a different story.


So if it were only for money then the house edge won't be as low as 0.5% in some cases, it would be >99% (like with lottery).

So I`m still stating that casinos are not entirely built to make money.

Casinos are a business and businesses are built to be profitable. If the Casino is losing money overall, it won't be open for long. So yes, Casinos are built to make money. People can win and be profitable but there are way more losers.

[Erza]

Luck is the only factor to make profits from gambling.
Luck does not help you based on how long you have been into gambling. It works someday and not in some other day. So there are no possibilities to make profits even in long run with gambling.

If luck is the only factor to make profit from gambling. I think its impossible can be profit in the long run, all people not lucky everytime and can not always win from their betting.

That is wrong. If luck is the only factor thats why you can keep on winning it because when you start to lose you can stop it before busted all your balance. At least you can stop it when you are still on profit rather than keep playing it until you lose all of your money there. It is true that people not get their lucky all the time but I think this is a perfect way to earn some money through gambling by luck factor

[betohell]

of course not gambling rely on your luck to be win,, man cannot always be lucky every day. right ?

[tbterryboy]

of course not gambling rely on your luck to be win,, man cannot always be lucky every day. right ?

Luck does not change how long you are playing in gambling. Because we cannot predict luck will favor with the long run. So, there are no chances for making gambling profitable in long run with luck factor. But I believe luck is the only needed things to make profit with the gambling.

[RealBitcoin]

Casinos are a business and businesses are built to be profitable. If the Casino is losing money overall, it won't be open for long. So yes, Casinos are built to make money. People can win and be profitable but there are way more losers.

They need profits in order to satisfy the shareholders, and pay the expenses.

Take for example a bitcoin webcasino, they have a website to run (hosting fee + domain fee), they have to pay their programmers and their marketing team, or their support team. There are many expenses. And then what is left is distributed to the shareholders, wheareas in many casinos people can invest.

And all of this is based on that 0.5% house edge, so that is necessary to keep the casino open.


But other than that, it's a transfer of money from unlucky people to lucky people.

[XinXan]

Casinos are a business and businesses are built to be profitable. If the Casino is losing money overall, it won't be open for long. So yes, Casinos are built to make money. People can win and be profitable but there are way more losers.

They need profits in order to satisfy the shareholders, and pay the expenses.

Take for example a bitcoin webcasino, they have a website to run (hosting fee + domain fee), they have to pay their programmers and their marketing team, or their support team. There are many expenses. And then what is left is distributed to the shareholders, wheareas in many casinos people can invest.

And all of this is based on that 0.5% house edge, so that is necessary to keep the casino open.


But other than that, it's a transfer of money from unlucky people to lucky people.

Well it's not 50/50 a lot of people lose and only a few people end up profiting from casinos so the money is transfered to the casino and not the lucky players most of the time.

[RealBitcoin]

Well it's not 50/50 a lot of people lose and only a few people end up profiting from casinos so the money is transfered to the casino and not the lucky players most of the time.

No, but the chart seen in the first post is totally possible.

There will be a group of gamblers who will always lose, and one that will always win, but the member of that group will change every time, like a shuffle.

Of course the mean is always people that mostly end up breakeven or will little losses.

[prtty2gal2]

To make gambling profitable we must follow some basic principles of gambling. Self-discipline is one of them.
Because most of the new gamblers do not follow self-discipline as they are not aware of it. It is most important to follow 
self-discipline in gambling to make profits. it is only possible in long run.
.

[safari88]

I think it is impossible to continue to profitable. I had quite a long time and it was really difficult. Sometimes there are surprises at every game so that we could lose.

[wuvdoll]

I think it is impossible to continue to profitable. I had quite a long time and it was really difficult. Sometimes there are surprises at every game so that we could lose.

Yes when I go for dice gambling, it is starting is profitable with the what ever strategies I am a playing. But with number of bets go high, I find only losses all the time. So, long run has nothing to do with profits.