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Author Topic: Any advantages from gambling?  (Read 28459 times)
rizkyhiw
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November 20, 2015, 06:42:09 AM
 #61

I saw people discussing only issues of gambling but no one telling about advantage. So many gambling houses are coming up so is there any advantages to player or houses?

•  Low house edges mean you have a greater chance of winning
•  Winning is fun
•  Gambling is (should be) fun!

1. Low house = greater chance but house edge still have better chance to win.

2. Winning is fun. I do agree

3. Gambling should be fun. I think its not an advantage. Lets say the third, gambling make some people get rich suddenly.

Nothing more.
coingiant1
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November 20, 2015, 06:45:22 AM
 #62

Gambling is just luck, it is kind of drug, if you win you will want to multiply the money you have and if you loose you will want to get back the money you have lost. Either way you are back into gambling again. Even Nostradamus will fail one day if he is into gamble.
wearepoor
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November 20, 2015, 07:10:50 AM
 #63

Of-course there are advantages of gambling but its only for the houses as in the long run 95 % of the gamblers are loosing their money and at the end its all profit for the house. There are few exceptions also, some people had also won the jackpots and huge amounts from the houses. If u compare then you will realize that in the long run its disadvantage for gamblers and profitable for houses.
wearepoor
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November 20, 2015, 07:17:37 AM
 #64

I saw people discussing only issues of gambling but no one telling about advantage. So many gambling houses are coming up so is there any advantages to player or houses?

•  Low house edges mean you have a greater chance of winning
•  Winning is fun
•  Gambling is (should be) fun!

Every one thinks like that low house edge and they can win but at the end house will win all your money. So do not play games based on only low house edge instead you can bet on sports where there is no house edge at all. So you have more chances to win if you know player and team strengths.

Agreed with you, its always better to go for sports betting as there are more chances of wins and making some profit. If you have good knowledge about sports and you can predict the results then no one can stop you from making the money. The best part of sports betting is there are no house edge as you said.
enhu
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November 20, 2015, 07:20:27 AM
 #65

There are gambling advantages, mostly are for the gambling site owners though. OF course gambling site owners don't have to work to earn while you gamblers ask loans if you loose your cash on hand. And you have to work post hard for signature campaign lol and gamble once again. it just keep the cycle.

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Sir_lagsalot
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November 20, 2015, 07:44:19 AM
 #66

There are infinite advantages, but very few advantages for sane people.

The sane advantages are:
 - An extremely high entertainment factor
... And that's pretty much it.

If you're one of those insane people:
 - You can pay back a loan
 - Use the winnings to buy something
 - Etc

The insane advantages also have a huge risk factor to them, so only Gamble for fun, not profit. Winning is a side thing.
jpouza
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November 20, 2015, 11:36:26 AM
 #67

Gambling is just luck, it is kind of drug, if you win you will want to multiply the money you have and if you loose you will want to get back the money you have lost. Either way you are back into gambling again. Even Nostradamus will fail one day if he is into gamble.

It is a drug indeed, since people get addicted to it, it is a powerfull one.
xinzark
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November 20, 2015, 12:27:19 PM
 #68

There are infinite advantages, but very few advantages for sane people.

The sane advantages are:
 - An extremely high entertainment factor
... And that's pretty much it.

If you're one of those insane people:
 - You can pay back a loan
 - Use the winnings to buy something
 - Etc

The insane advantages also have a huge risk factor to them, so only Gamble for fun, not profit. Winning is a side thing.

Nice catch of advantages but I will say there might only be less then 5% advantages where rest of 95% are disadvantages
Gambling have made thousands of people better but have also made millions worst

So the saying of "Never gamble money which you can't afford to lose" must be followed
leex1528
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November 20, 2015, 03:53:13 PM
 #69

There are infinite advantages, but very few advantages for sane people.

The sane advantages are:
 - An extremely high entertainment factor
... And that's pretty much it.

If you're one of those insane people:
 - You can pay back a loan
 - Use the winnings to buy something
 - Etc

The insane advantages also have a huge risk factor to them, so only Gamble for fun, not profit. Winning is a side thing.

Nice catch of advantages but I will say there might only be less then 5% advantages where rest of 95% are disadvantages
Gambling have made thousands of people better but have also made millions worst

So the saying of "Never gamble money which you can't afford to lose" must be followed

I would argue those aren't advantages.  The only advantage is its fun.  Because an advantage is something that you gain from it.  Winning to pay back a loan is not an advantage at all.
acroman08
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November 20, 2015, 03:55:38 PM
 #70

I saw people discussing only issues of gambling but no one telling about advantage. So many gambling houses are coming up so is there any advantages to player or houses?

you can say that the free bonus from some gambling site is a advantage
but for the actual gambling the gambler doesnt have an advantage, the only advantage
he/she can get is if he/she can control him/her self.

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anthonycamp
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November 20, 2015, 03:57:52 PM
 #71

theres like 95% disadvantages and 5% fun and advantage if you play just a bit and with facuets of dice for inctances and multiply them
cooboth
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November 20, 2015, 04:14:43 PM
 #72

Hi Smiley

I tried my luck in PrimeDice... I deposited 0.01 BTC hoping to double it but I ended up with 0 very soon. When I played using free faucet option - I could earn up to 25x the original amount! Since the original was like 200 satoshis I could not even withdraw 5000 satoshis that I won so it again finished at 0... No matter how many times I tried, it always ended with just nothing... I have read about strategies on how to gamble on PrimeDice and I think these strategies are mostly a matter of coincidence and luck rather than a REAL strategy - none of them worked for me...
My tip on gambling? Do not gamble!

Cheers!
leex1528
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November 20, 2015, 04:21:45 PM
 #73

Hi Smiley

I tried my luck in PrimeDice... I deposited 0.01 BTC hoping to double it but I ended up with 0 very soon. When I played using free faucet option - I could earn up to 25x the original amount! Since the original was like 200 satoshis I could not even withdraw 5000 satoshis that I won so it again finished at 0... No matter how many times I tried, it always ended with just nothing... I have read about strategies on how to gamble on PrimeDice and I think these strategies are mostly a matter of coincidence and luck rather than a REAL strategy - none of them worked for me...
My tip on gambling? Do not gamble!

Cheers!

Thats a pretty bad tip.  Just because you had a bad experience and couldn't control yourself doesn't mean you shouldn't gamble.  It means, gamble responsible and don't let greed overcome you in the end.
cooboth
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November 20, 2015, 04:51:37 PM
 #74

It is not just my bad experience - I really enjoyed playing PrimeDice and I still play it from time to time but do not expect anything unreal. I just mean that winning is extremely difficult so it's better not to gamble OR - as you pointed - gamble responsively (rather hard to achieve Wink )
XinXan
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November 20, 2015, 11:35:29 PM
 #75

I saw people discussing only issues of gambling but no one telling about advantage. So many gambling houses are coming up so is there any advantages to player or houses?

•  Low house edges mean you have a greater chance of winning
•  Winning is fun
•  Gambling is (should be) fun!

Every one thinks like that low house edge and they can win but at the end house will win all your money. So do not play games based on only low house edge instead you can bet on sports where there is no house edge at all. So you have more chances to win if you know player and team strengths.

Agreed with you, its always better to go for sports betting as there are more chances of wins and making some profit. If you have good knowledge about sports and you can predict the results then no one can stop you from making the money. The best part of sports betting is there are no house edge as you said.

Excuse me but you don't know what you are talking about, just because there is no house edge it doesn't mean you will win more money on sports betting. Your odds of winning will be unkown but not necessarily better than games with house edge. To make profit in the long term with sport betting you need more than just knowledge of the sport you are picking to bet.
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November 21, 2015, 12:30:37 AM
 #76

well to be honest, sport betting also do have their own house edge but it is not fixed and it is not shown. that is why some betting sites have better odds or lower odds all these is to ensure they too have their own share of profit.

but i think what he is trying to say is that sport betting rely more on knowledge as compare to dice which is base more on luck.
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November 21, 2015, 12:34:35 AM
 #77

Only advantage is if the site you are using has a sign up bonus. Usually they match your first withdrawal or they give you free spins upon signing up to their site.
It does take along time to get that bonus back, that is something they don't tell you about until you sign up for an account.
Other than that it is mostly luck from then on in.

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November 21, 2015, 12:42:15 AM
 #78

It is not just my bad experience - I really enjoyed playing PrimeDice and I still play it from time to time but do not expect anything unreal. I just mean that winning is extremely difficult so it's better not to gamble OR - as you pointed - gamble responsively (rather hard to achieve Wink )

Most people knows that they can't win money from gamble but still they try very hard to win until they lose all there money that it very bad part in gambling. I don't see any advantages from gambling except some one using gambling for fun then it can be very entertaining to pass some free time and if one is lucky during this fun time they can win big money as well.
Linuld
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November 21, 2015, 02:33:46 AM
 #79

If people use it in wright way then I see only advantage is they can have some fun with these games but if people use it as a tool to make money then it is wrong and they may go into lot of problems so basically it do not have any advantages to made profits but can use it for spending spare time to have a good fun.
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November 21, 2015, 02:39:53 AM
 #80

If people use it in wright way then I see only advantage is they can have some fun with these games but if people use it as a tool to make money then it is wrong and they may go into lot of problems so basically it do not have any advantages to made profits but can use it for spending spare time to have a good fun.

That is also correct. Most of the people start gambling for fun only but this gambling slowly change their mind set to play for making money and finally they will addict to these games. I don't see any kind of advantages from gambling except people losing money to the gambling houses. All these are good as long as one use is in proper way and know when to come out from betting or gambling.
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