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Author Topic: Increasingly difficult to make a profit from gambling. whether the cause?  (Read 816 times)
BitFinnese
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November 28, 2016, 02:38:24 PM
 #21

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion

i believe that you are mistaken because nothing has changed so far and gambling is the same as it was before. unless you are talking about a certain kind of game on a certain website i can not give you any certain answer for sure but maybe the site has changed some stuff like their house edge or maybe they are cheating you if it is one of unpopular sites.

anyways the most possible case is that you are experiencing the unlucky part of gambling after a long lucky streak.

I agree that there will be no change in the scipt of the game especially if you are playing in a reputable Online Casino.  What I see here is that , the Law of Average strike you. Meaning your lucky streak will somehow be broken soon.  And as it was explained, your winning streak just changed to losing streak to make it even.



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November 28, 2016, 03:07:01 PM
 #22

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion

i believe that you are mistaken because nothing has changed so far and gambling is the same as it was before. unless you are talking about a certain kind of game on a certain website i can not give you any certain answer for sure but maybe the site has changed some stuff like their house edge or maybe they are cheating you if it is one of unpopular sites.

anyways the most possible case is that you are experiencing the unlucky part of gambling after a long lucky streak.

I agree that there will be no change in the scipt of the game especially if you are playing in a reputable Online Casino.  What I see here is that , the Law of Average strike you. Meaning your lucky streak will somehow be broken soon.  And as it was explained, your winning streak just changed to losing streak to make it even.





The odds of winning is still the same as before. It looks to be more difficult to make a profit from gambling if you win big at the start but law of average will take place gradually and you will experience losses.
This is why it seems that it is perceived to be more difficult to win compared to the past when you were " lucky ". In reality, nothing has changed and the odds of winning remains the same as before in a provably fair gambling game.

     

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chixka000
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November 28, 2016, 03:16:38 PM
 #23

Gambling ≠ Profit

I would take credit to this user lol. Short yet precise, you can easily understand that gambling doesn't meant for profit in the first place. Unless you were the gambling site owner but in fact it is made to entertain people.
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November 28, 2016, 03:26:03 PM
 #24

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion
I dont think so. Making gambling as a profitable activity is not possible and those winnings do you have on previous gambling you are just lucky on those times which you could able to make profits and earn but it doesnt mean anything and you already think that its already stable. Playing longer runs on gambling will surely make you lose and hardly get profits or gain.You should not treat gambling as a money milking machine.

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December 01, 2016, 07:24:01 AM
 #25

It's hard to make a profit in gambling I think it's a natural thing. Since it is impossible someone could always get profit in gambling, although it could if lucky but I do not think continuously. If I allowed to give you suggestion, you should change your perspective. Gambling is just a game that could not be used to get profit continuously.
If I allowed to know, what games do you play in gambling?
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December 01, 2016, 07:56:16 AM
 #26

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion

you have to look for what has changed with your habits. for example did you change the games you were playing or did you change the casino or even did the casino change anything.

and also you should remember that gambling is always based on luck no matter what game or what casino you are choosing it will all come down to whether or not you were lucky in a each bet. if i had to guess i would say you were having a good lucky days in your first couple of days and then your luck ran out.

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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December 01, 2016, 09:52:33 AM
 #27

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion

you have to look for what has changed with your habits. for example did you change the games you were playing or did you change the casino or even did the casino change anything.

and also you should remember that gambling is always based on luck no matter what game or what casino you are choosing it will all come down to whether or not you were lucky in a each bet. if i had to guess i would say you were having a good lucky days in your first couple of days and then your luck ran out.

That's clear, if one is lucky sure he wins even when his strategy is not even a bit close to the prediction made. So with gambling not only the OP, most of the beginners win at the beginning. Its just because of luck, they don't have any idea of making strategies and all. When they start gaining experience the scenario differs causing very little winning and most losses.

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December 01, 2016, 09:56:05 AM
 #28

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion

you have to look for what has changed with your habits. for example did you change the games you were playing or did you change the casino or even did the casino change anything.

and also you should remember that gambling is always based on luck no matter what game or what casino you are choosing it will all come down to whether or not you were lucky in a each bet. if i had to guess i would say you were having a good lucky days in your first couple of days and then your luck ran out.

That's clear, if one is lucky sure he wins even when his strategy is not even a bit close to the prediction made. So with gambling not only the OP, most of the beginners win at the beginning. Its just because of luck, they don't have any idea of making strategies and all. When they start gaining experience the scenario differs causing very little winning and most losses.

Yeah, it's mostly someone who recently felt the advantage in gambling will surely presume that gambling is the most profitable and only perjudianlah that will make their profit, indeed it's thought is true. But keep in the know that gambling is not just a matter of doing the game alone, but also on how we can control ourselves and be able to use strategies in gambling. So gambling not only thinking of victory but had to think about the technical stuff
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December 01, 2016, 10:20:39 AM
 #29

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion

you have to look for what has changed with your habits. for example did you change the games you were playing or did you change the casino or even did the casino change anything.

and also you should remember that gambling is always based on luck no matter what game or what casino you are choosing it will all come down to whether or not you were lucky in a each bet. if i had to guess i would say you were having a good lucky days in your first couple of days and then your luck ran out.

That's clear, if one is lucky sure he wins even when his strategy is not even a bit close to the prediction made. So with gambling not only the OP, most of the beginners win at the beginning. Its just because of luck, they don't have any idea of making strategies and all. When they start gaining experience the scenario differs causing very little winning and most losses.

Yeah, it's mostly someone who recently felt the advantage in gambling will surely presume that gambling is the most profitable and only perjudianlah that will make their profit, indeed it's thought is true. But keep in the know that gambling is not just a matter of doing the game alone, but also on how we can control ourselves and be able to use strategies in gambling. So gambling not only thinking of victory but had to think about the technical stuff
Technical stuffs might work only for some gambling games but on some its just purely rely on luck and thats why most gamblers do really lose on the longer runs. If someone could able to win some decent amounts the feeling of being pumped is there on which they would really think off that gambling is a profitable game which they could able to make money anytime but in reality all of those winning will be lose back accordingly.

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December 01, 2016, 10:45:45 AM
 #30

It's hard to make a profit in gambling I think it's a natural thing. Since it is impossible someone could always get profit in gambling, although it could if lucky but I do not think continuously. If I allowed to give you suggestion, you should change your perspective. Gambling is just a game that could not be used to get profit continuously.
If I allowed to know, what games do you play in gambling?

Yes, no matter what increase is with the difficulty in gambling forever it is hard to make a profit with it unless it is already your life then that's fine.

The only way to get profit with gambling is to be consistent with your gambling activity whether you are losing with it but you still stick with it.

And with your question, I usually play dice and sports betting and if I have sometime enough, I play poker.

Vires in Numeris
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December 01, 2016, 10:54:55 AM
 #31

whatever difficulty is thats its the same gambling and we all know that gambling is hard to make profit from it because luck is always low when it comes on long run and im gambling also and if i play long run with it it makes me lose 18 streaks in dice and thats the worst thing that happened on me.
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December 01, 2016, 11:36:41 AM
 #32

I used to get in profit or gain from the bitcoin gambling easily even able to purchase goods each month. but different from the longer to get profit from gambling more difficult. if more and more people are gambling and the higher price of bitcoin cause ?. I would like to hear your opinion

i think this is what most gamblers experience and it is called beginners luck. you win and have a good time when you are new to gambling and make profit but after a while you feel like you are losing more than ever. but in fact nothing has changed.

when you gamble for long time the fun fades away so what you see is only losses. but in fact if you keep a record of all your wins and losses you can see  that the percentage showing your luck is still the same.

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December 01, 2016, 12:30:09 PM
 #33

If you made consistent profit with gambling I take my hat off to you, this is not something that many can achieve myself included at most manage only a few wins and then ultimately revert back to a losing streak, I think greed has a lot to do with falling off a winning streak.
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December 01, 2016, 01:34:41 PM
 #34

Nothing have changed other than there are many bitcoin gambling sites/games you can choose from. Also luck used to matter and still matter much rather than any other thing for your winning.

Gambling = House always wins, so don't take this as way to earn monthly salary.
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December 01, 2016, 02:27:21 PM
 #35

Nothing have changed other than there are many bitcoin gambling sites/games you can choose from. Also luck used to matter and still matter much rather than any other thing for your winning.

Gambling = House always wins, so don't take this as way to earn monthly salary.

its really true and we are only get loss in long term, is not because we don't make high bet but no matter we make a bet, finally we only ge loss but its not for all gamblers, because if someone have big luck, then that person can win the big money too. beside we must having a good chance for luck, we can not win the games.



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December 01, 2016, 04:14:40 PM
 #36

Yep, variance can be a real bitch sometimes a lot of the time. Exercising proper bankroll management for the games and stakes you play will help you survive the bad variance swings.
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December 01, 2016, 04:23:42 PM
 #37

Gambling ≠ Profit

I would take credit to this user lol. Short yet precise, you can easily understand that gambling doesn't meant for profit in the first place. Unless you were the gambling site owner but in fact it is made to entertain people.

I think depends on who he is referring to.  It is short yes, precise no, because owner of  Casino  can say "Gambling = Profit".  Sorry but it was stated as general and applies to all, players, readers and Casino owners.

Nothing have changed other than there are many bitcoin gambling sites/games you can choose from. Also luck used to matter and still matter much rather than any other thing for your winning.

Gambling = House always wins, so don't take this as way to earn monthly salary.

That is what I am saying regarding the post about gambling is not profit Cheesy.  But to be fair, gambling house does not win all the time.  There is a thread here where the investment in certain Casino sites gives negative ROI, this means the house is losing. if not then there is something fishy about it lol.
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December 01, 2016, 06:49:11 PM
 #38

Actually it was never easy to get profit from gambling it was working well for you which assured you that gambling is easy way to get profit. I never had such unstable results in sports getting as last couple of days results showed me. Gambling is all about chances and luck and doesn't give easy money on long term. This is reality pf gambling through what you are going on now.
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December 01, 2016, 07:19:43 PM
 #39

I think this is because bookmakers are finding more ways to spin off the customers who win.
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December 01, 2016, 07:24:08 PM
 #40

It's just that it's not your time to win or your attitude toward winning decline , you must revise your strategy to win and make a thorough research. Not to offend others but putting all your gambling money to dice game will definitely not make you money in the long run. Maybe switch to another game try your luck and learn  from your mistakes.
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