Gambling investment is zero sum

[tyz]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Why do play millions of people lottery each week, when only one or two win the jackpot? That's actually the same question. For most of them, it is an absolute losing bargain.

So I think for constant Bitcoin gamblers, either they are addicted or they have found a strategy to make more than they lose.

[BTCLovingDude]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

your topic subject is so misleading, as others pointed out, you should edit it because when you say gambling investment it means investing in a gambling casino's bankroll and share in the profit the house makes and it is a completely different thing and while it is still risky but it can be profitable.

and about using gambling as an investment to make money from gambling i have to say it is not a good idea but it is not impossible either. you just have to choose the game and the strategy you want to use carefully.

[Patatas]

Gambling investment is zero or negative sum, considering the house has to profit.

Not always.If you're playing on a reputed gambling site (like the one in my signature),the house odds are comparatively low and the rounds are provable fair.It's a myth that the house has to profit.How can one assume that when they have seeds of the previous rounds to verify the bet was fair ? High house odds,I agree but nowadays most of the gambling sites are lowering it down to 2-0.01%.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Investment and playing,two different things (atleast in online bitcoin gambling).Differs from person-person.For me,it's all about the time to kill.

[thebatletbet]

my strategy in gambling , another sport betting
blackjack, poker, dice and all gambling in playing game
iam use zero sum game, and not high profit but very fast all my money lost

[valta4065]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Your gambling definition doesn't take into account poker and sports gambling.
Those 2 gambling games are special and can see a positive result.
But most people here don't use gambling as an investment. In fact even those gambling games aren't real investment they're just... Professional gamble. We play casino just for the fun and the thrill of knowing that you CAN win big and that's what you want here. Oh and when we talk about casino investment it's not about gambling but about investing in the bankroll of the casino. Which means that you have a share of the casino profit so it's a real investment

[avatar_kiyoshi]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Looks like you have wrong definition here, gambling is not investment, it's just for fun.
I wonder why still a human think gambling as investment unless you investing in house, your profit is otherwise than you play gamble, investing in house also considered as gambling, the house will not always won, you probably lose.

[btcdevil]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Looks like you have wrong definition here, gambling is not investment, it's just for fun.
I wonder why still a human think gambling as investment unless you investing in house, your profit is otherwise than you play gamble, investing in house also considered as gambling, the house will not always won, you probably lose.

What you said is the perfect definition of gambling investment, most of them are thinking that if they invest in gambling sites they will earn profit as most of the users are loosing when they are playing, but they forget that some big players deposit high and play some games in bingo style and when they win high they just withdraw and dont return, so that loss is also affects the investment of the users other then site owners.

[freemanjackal]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

If you are INVESTING in casinos, that means you ARE the house. Which means that you are going to profit in the long term because the house edge stands on your side. The more people gamble, theoretically the more you are going to profit.

So no, gambling investments are actually +EV and that's why people do invest in the house.

I think you might have confused "gambling" and "gambling investment". If you are gambling then obviously you should be doing so for fun and not the profit, and if you try to go for the profit eventually you'll lose in the long run.

i think it is clear here, on casino investment i think it is unlikely to lost the money, house will always win in long term, it is quite different on gambling

[szpalata]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Majority gamble for fun and some confuse addiction with fun so they end up losing money for painful entertainment. The bookies are always going to win in the long run so I don't believe in gambling as a form of investment at least through my experience.

[th3nolo]

Just for fun in the world of betting bitcoin there are too many options one of most I love is social gambling like bitdouble.io or sportsbooks like 1XBIT and Nitrogenous if you want to make money just take a job, gambling isn't the way.

[Kemarit]

Just for fun in the world of betting bitcoin there are too many options one of most I love is social gambling like bitdouble.io or sportsbooks like 1XBIT and Nitrogenous if you want to make money just take a job, gambling isn't the way.

that's completely right if you want some good earnings find a decent job as gambling is not a good investment risk really big even playing with the house the possibility of getting busted is still there so better play for fun and gamble with full responsibility.

[n0ne]

When it comes to gambling, profit is the major concern. You need to be a pro gambler else need to be the luckiest one to gain good profit. Other than this to be successful, users prefer to invest on the gambling house. The reason is that house will always profited high than the users. Only a countable number of users prefer gambling for the purpose of fun and excitement.

[roadbits]

When it comes to gambling, profit is the major concern. You need to be a pro gambler else need to be the luckiest one to gain good profit. Other than this to be successful, users prefer to invest on the gambling house. The reason is that house will always profited high than the users. Only a countable number of users prefer gambling for the purpose of fun and excitement.

Yup you are right only limited people play gambling just for fun and entertainment. Remainng all play for money. But I gambling success rate is very less. If you are lucky then only it possible it may be slot games or skill games you should be lucky to make a profit in gambling. But investing is not like that here the profit chance is high, but we need huge investment to make a profit.

[Meycell]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

yes for fun , i am not use it as invesment ..

[Kevin77]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

By considering the consistency and frequency of making profits from gambling, no wise man will accept gambling as investment instruments.

But I just get few questions :
A gambling house owner will prefer to gamble in his own gambling house to make profits ?

If you have invested into a gambling site's bankroll then you are shareholder and you are one of the owners. In that case what will be your preferences just staying away from gambling (like considering only profits from investments are enough) or simply keep trying for profit making by playing gambling too ?

I believe for both investors and non-investors (into bankroll), gambling activities can not be an investment option.

[Golftech]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

yes for fun , i am not use it as invesment ..

well you are lucky if you just playing just for fun as we knew that gamblers played for money and sometimes they intend to use big capital to role in order for them to earn good profits might be the reason why OP saying its a investment, having an attitude like this with self control will free you up from becoming gambling addict.

[passwordnow]

Gambling investment is zero or negative sum, considering the house has to profit.

No, it is not a zero or negative sum and that's how gambling investment is working and getting profit with their house edge. It is a business you know, a gambling site will not be established just to give the gamblers free money and entertainment.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

I'm actually making it as both, investment instrument and instrument for having fun.

[ethereumhunter]

Gambling investment is zero or negative sum, considering the house has to profit.

So why are you guys do bitcoin gambling as an investment instruments? OR merely just for the fun, like going to a physical casino.

Looks like you have wrong definition here, gambling is not investment, it's just for fun.
I wonder why still a human think gambling as investment unless you investing in house, your profit is otherwise than you play gamble, investing in house also considered as gambling, the house will not always won, you probably lose.

bitcoin gambling is not investment, bitcoin gambling is only playing games with bitcoin as a bet inside. but investment is we put our money with the house or with the company and we expecting to get profit with them. so i think you are wrong if you said gambling investment is zero, this is just my opinion and i think there are many people which make investment with the house and make a good profit.

[SparkedDev]

Just how many times are these same threads going to be made over and over again.
They really need to put in a rule that stops posting the same thread over and over again.

[btcloi78]

Gambling investments is negative sum because odds offered by gambling sites is not fair.
Always you will bet for low odds .If you want to bet  on same option like odds or even on soccer you will lose everytime 3-5% of your bankroll (this is sure profit for house).