tbterryboy
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February 06, 2016, 07:58:28 PM |
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Taking minimum risk may ensure long run. That is the reason long run may be profitable with the less bets.
If you take more risk then your bankroll will not support you for long run. You will be done out of money in very quick time. Staying with the gambling is more important to make profits.
Yes you are right. In long run every gambler becoming a professional gambler. This way they may be more stronger / intelligent enough in a particular gambling to make profits.
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LiberOptions
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February 06, 2016, 09:47:00 PM |
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Of course that gambling can be profitable on the long run; there are a lot of professional gamblers living out of it!
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lastlove9091
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February 06, 2016, 09:59:14 PM |
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Why u think gambling can be profitable in long term?when edge house is always 1%... That means each bet you lose 1%.. In my oponion, Gambling is only for HIT and RUN
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tommorisonwebdesign
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February 06, 2016, 11:04:53 PM |
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LOL! OP created an entire thread trying to rebuke my position that gambling just ends you broke. OP must work for a casino or something. Either that or they are hopelessly addicted to gambling. Oh well, I guess they're addicts everywhere. How much money do you borrow from you friends to make those millions, OP?
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Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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hua_hui
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February 06, 2016, 11:44:36 PM |
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one bad assumption is that the house edge equal to the amount of profit. the house edge is put there to make sure the casino wins more most of the time. so usually having 100k of btc bets, the casino ends way more than just 1k btc.
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jt byte
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February 06, 2016, 11:57:35 PM |
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LOL! OP created an entire thread trying to rebuke my position that gambling just ends you broke. OP must work for a casino or something. Either that or they are hopelessly addicted to gambling. Oh well, I guess they're addicts everywhere. How much money do you borrow from you friends to make those millions, OP?
Well yes you must be really stupid if you think this is true. For sure gambling can give you some winning, but in the end, it will not be profitable. There is no way this can happen. So yes either OP works for a casino, or OP's a madman.
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ThunderThomas
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February 07, 2016, 12:07:59 AM |
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LOL! OP created an entire thread trying to rebuke my position that gambling just ends you broke. OP must work for a casino or something. Either that or they are hopelessly addicted to gambling. Oh well, I guess they're addicts everywhere. How much money do you borrow from you friends to make those millions, OP?
Well yes you must be really stupid if you think this is true. For sure gambling can give you some winning, but in the end, it will not be profitable. There is no way this can happen. So yes either OP works for a casino, or OP's a madman. I find it hard to believe gambling is profitable. On a 1 hour session, sure you can make a good profit, but on the long run everybody loses.
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BitMaxz
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February 07, 2016, 12:18:26 AM |
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Why u think gambling can be profitable in long term?when edge house is always 1%... That means each bet you lose 1%.. In my oponion, Gambling is only for HIT and RUN
Lol it's depends in a game if you play dice game you can get 1% of house edge but if you play in other game. like poker there's no house edge and you can take it all. then dice game is a fast game and poker is a long run game. So its always depends in our luck if we can make a profit or not..
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fullypak
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February 07, 2016, 01:37:38 AM |
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LOL! OP created an entire thread trying to rebuke my position that gambling just ends you broke. OP must work for a casino or something. Either that or they are hopelessly addicted to gambling. Oh well, I guess they're addicts everywhere. How much money do you borrow from you friends to make those millions, OP?
Well yes you must be really stupid if you think this is true. For sure gambling can give you some winning, but in the end, it will not be profitable. There is no way this can happen. So yes either OP works for a casino, or OP's a madman. I find it hard to believe gambling is profitable. On a 1 hour session, sure you can make a good profit, but on the long run everybody loses. That is correct. In gambling no one can make profits in the long run and it is quite impossible to do it. Even in sports betting also it is quite challenging to predict the results regularly due to match fixings or other factors so no way we can make continuous income from gambling in the long run.
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hua_hui
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February 07, 2016, 01:40:12 AM |
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LOL! OP created an entire thread trying to rebuke my position that gambling just ends you broke. OP must work for a casino or something. Either that or they are hopelessly addicted to gambling. Oh well, I guess they're addicts everywhere. How much money do you borrow from you friends to make those millions, OP?
Well yes you must be really stupid if you think this is true. For sure gambling can give you some winning, but in the end, it will not be profitable. There is no way this can happen. So yes either OP works for a casino, or OP's a madman. I find it hard to believe gambling is profitable. On a 1 hour session, sure you can make a good profit, but on the long run everybody loses. That is correct. In gambling no one can make profits in the long run and it is quite impossible to do it. Even in sports betting also it is quite challenging to predict the results regularly due to match fixings or other factors so no way we can make continuous income from gambling in the long run. yah, it is his logic that does not match up. equating house edge to profit is the first big mistake his make.
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iqlimasyadiqa
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February 07, 2016, 01:49:02 AM |
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Why u think gambling can be profitable in long term?when edge house is always 1%... That means each bet you lose 1%.. In my oponion, Gambling is only for HIT and RUN
Lol it's depends in a game if you play dice game you can get 1% of house edge but if you play in other game. like poker there's no house edge and you can take it all. then dice game is a fast game and poker is a long run game. So its always depends in our luck if we can make a profit or not.. selection of the type of gambling game depends on who wears it. they have their respective expertise. true once, the main thing is the luck factor.
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sempak
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February 07, 2016, 06:01:01 AM |
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if you can play a careful and intelligent, even gambling can make you very rich.
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Zaragota95
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February 07, 2016, 06:01:53 AM |
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I don't think it can if you are gambling too much, some poker players for example are in profit but I don't think that can be generalized.
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hua_hui
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February 07, 2016, 06:19:56 AM |
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if you can play a careful and intelligent, even gambling can make you very rich.
to be honest, no matter how careful and intelligent u play, the casino is always on the advantage. you cant get rich by gambling unless u r talking about gamble that requires skills like poker.
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diegz
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February 07, 2016, 06:25:37 AM |
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if you can play a careful and intelligent, even gambling can make you very rich.
If you are not greedy, then you will cash out few coins, but if you are greedy, then you won't.. but i don't think it would be the same in the long run, i gamble sometimes but I haven't see a continuous winning saga.. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Erza
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February 07, 2016, 08:56:58 AM |
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Of course that gambling can be profitable on the long run; there are a lot of professional gamblers living out of it!
Never as I know because they still have house edge which mean you will never beat them no matter how long that game you take. Unless you use martingale have enough money to cover your loss may be you can get some profit but in one time people always dont have enough money to cover their loss because martingale is really hard to use if you dont manage your balance well
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prtty2gal2
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February 07, 2016, 07:48:27 PM |
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Taking minimum risk may ensure long run. That is the reason long run may be profitable with the less bets.
If you take more risk then your bankroll will not support you for long run. You will be done out of money in very quick time. Staying with the gambling is more important to make profits.
Yes you are right. In long run every gambler becoming a professional gambler. This way they may be more stronger / intelligent enough in a particular gambling to make profits. But becoming a professional gambler is not a simple thing because it needs lot of hard work and dedication to learn new skills. I do see many experienced gamblers also making losses.
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CryptoBjorn
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February 07, 2016, 08:57:34 PM |
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Of course that gambling can be profitable on the long run; there are a lot of professional gamblers living out of it!
Its possible, but even professional gamblers lose a lot, mostly they got sponsors. Also gambling is always risky, you have to be very lucky.
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bitcoin-hunter
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February 07, 2016, 08:57:43 PM |
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Gambling can be really make you get some profit, the only thing is that its a bit risky. But is possible for sure, I once won 1400 dollar on a poker game.
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chokesir
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February 07, 2016, 10:10:13 PM |
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Gambling can be really make you get some profit, the only thing is that its a bit risky. But is possible for sure, I once won 1400 dollar on a poker game.
Right now i feel we will see some fanatics will defend it, but that is very bad. Everybody knows how bad gambling can be.
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