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

[CryptoBjorn]

I don't think this is true, There is always an edge against the player and although some players end up with positive profit but overall it's not profitable but the opposite for majority of players.

gambling for a long time depends also on the emotions of the player. People who have gambled for a long time and learn when continue and when to exit will benefit in the long run. For example, one gamble and even double his investments, when he becomes greedy and goes on to gamble in order to gain more, he will end up losing everything. The trick is to know when to continue and when to exit from a gambling house.

Small wins are tempting to play along then you start playing with bigger bets and bigger bets and eventually we are talking about serious money.
If this happens then the next step serieus destruction is just moments away. So no it's not possible to make gambling profitable.

Not in a million years.

[Betwrong]

I don't think this is true, There is always an edge against the player and although some players end up with positive profit but overall it's not profitable but the opposite for majority of players.

Yes if you play against player then the chances for becoming profitable from gambling is high compared to playing against the gambling houses. But if you develop your skills on a specific gambling then you can definitely find profits regardless of against player or gambling houses.

If someone is thinking that he has developed his/her skills on a specific gambling and that's why it's time to make profits from gambling I'd call such a person a typical gambling addict. That's how it all starts. Always. Don't do that, guys.

[actmyname]

I don't think this is true, There is always an edge against the player and although some players end up with positive profit but overall it's not profitable but the opposite for majority of players.

Yes if you play against player then the chances for becoming profitable from gambling is high compared to playing against the gambling houses. But if you develop your skills on a specific gambling then you can definitely find profits regardless of against player or gambling houses.

If someone is thinking that he has developed his/her skills on a specific gambling and that's why it's time to make profits from gambling I'd call such a person a typical gambling addict. That's how it all starts. Always. Don't do that, guys.

Well, if the way you profit is purely 100% by gambling, then it's a bad idea. But with professional poker players, they can gain a reputation and try to earn money in ways other than profiting from their winnings. They can create some sort of program or something, participate in tournaments, or other things. You can always sell books to people who don't know what they're doing and make some money there. Also, remember that guy who staked all his money on a single roulette bet? The show would have paid him sufficiently (though not all of it) to compensate for a loss if there were one.

[devil11]

Gambling is very profitable but i think it is not in the long run. Really if a person can run it for a long time, i think it will be a really great gambler. Maybe in the whole history before. If we want to love a life on gambling, than it is maybe impossible. In gambling, we not always win. If we think that the profit will always 100%, then it is a false think. Gambling is sometime very lucky but not always. 

[LarryHocks]

Gambling can be real profitable if you ask me so that is a good thing for sure the only problem is that you need a lot of luck for sure.
The most people cannot do this because its luck you need.

[george123456]

Of course gambling in the long run can be profitable! but you can also lose your life savings too

[makingwin1]

Of course gambling in the long run can be profitable! but you can also lose your life savings too

the chance for it to be profitable in a really long run are very slim and it will take up a lot of your life time

if i were you i would not gamble for a long time as most probably you will lose everything without any bigger profit

[Mr. Big]

Of course gambling in the long run can be profitable! but you can also lose your life savings too

Your statement is contradicting each one..

While your money is still invested in your bank roll, the chance of profiting from it is becoming thin day by day...so it is not profitable, that is why a gambler, needs to win in earlier stage and withdraw then just retry again, again the chance to profit is becoming small...

[tombuckl]

You could NEVER EVER beat the house edge!

[ultimatesky]

I will not lose if I gamble only with faucet.

A faucet is not gambling. It's just a way to earn a little amount of bitcoins.
If you want to earn money with gambling then guess what. It's not going to happen. You will end up losing your money.

but faucet (dice faucets) can be profitable. i have never done this but i have seen people use different accounts and keep claiming faucet and bet. not exactly sure what their process is but they are called faucet farmers and it looks like it is profitable for them that they keep doing it.

It will not be profitable in a long term. Or you just be lucky but that happens not that often and that is really rare.
I think that many people will know that gambling is very bad to do and that it is all wasted money.

There are sites that has faucet and that you don't have to invest a single penny to play. but the amount that faucet gives is too small and you might need do a "all in" bet all the time to just make a good profit.. but the bad side of that is you will get busted any time and all that you got would just go back to the site and you might even think that you just wasted your time.. so best thing to do is just deposit small amount and leave after it got busted, as there is not sure profit in gambling...

It is not profitable. Or you must be very lucky but that happens not that often and that is really rare.
So you will of course lose more money and that is very bad. To play gambling you must play with small amounts.

[blackmachinegun]

Gambling can be real profitable if you ask me so that is a good thing for sure the only problem is that you need a lot of luck for sure.
The most people cannot do this because its luck you need.

that's the problem someone could make a profit and win in gambling if he had more luck. but the main problem is. not everyone has the luck prolonged. that makes you not be able to get more profit for the long term

[CoinsRoyal]

You never know what can happen of course later. There is a chance that you can win and than you got a lot of money.
But you cant know that, you just need luck.

[teilwalL05]

You never know what can happen of course later. There is a chance that you can win and than you got a lot of money.
But you cant know that, you just need luck.

you will never know for sure you your gonna win or lose unless you try, and gambling is like that it is risky sometimes but there is still a chance that you can get a decent amount of bitcoin once you got the jackpot!

[panju1]

You could NEVER EVER beat the house edge!

House edge exists in a pure game of chance. Maybe in sports betting, it is possible that individuals have a better understanding of the game than the bookmakers. In that case, a person might get lucky. 

[hkla241]

possible, need to be very lucky. You have a higher chance that you lose more money than you win money, so that wont be good.
Most people lose so much money because greedy

[btc-facebook]

Since martiangle 50 % will bust you at the end, how about changing method ?
Let set chance of winning 0.01% and let it auto bet with 1000 satoshi. In long run, probably you can get profit !

Gambling is very profitable but i think it is not in the long run. Really if a person can run it for a long time, i think it will be a really great gambler. Maybe in the whole history before. If we want to love a life on gambling, than it is maybe impossible. In gambling, we not always win. If we think that the profit will always 100%, then it is a false think. Gambling is sometime very lucky but not always. 

Just test out martiangle method. Although it can make me some quick profit but if I'm on stop it for a long time , I will be bust.

[jt byte]

It can be profitable on a long term but I do not recommend it at all look at how many people lost a lot of people instead of winning and made profit.
I think the stats are already saying enough about the fact it can be profitable on a long term but most likely, like the most you will fail doing this, you need to have a lot of luck to succeed at this.

[rahmawati6718]

gamblers sets aside their emotions when they are gambling, gambling = risking, that means everything that we win or put in our balance would probably be busted in the long time..

[JasonXG]

This is a really good article and explains alot, it's something i have always wondered and the pictures and graphs help alot.

[CoinsRoyal]

gamblers sets aside their emotions when they are gambling, gambling = risking, that means everything that we win or put in our balance would probably be busted in the long time..

Gambling is always a risk and there is nothing to do about that but there is a chance you will make profit in a long term but indeed mostly not because you will need luck.
Gambling is all depending on luck so its almost not possible, and its also what you consider as a long term.