Nobody wins in gambling anyway

[davinchi]

Well there is a chance winning in gambling, if you play for short term than you can win some, the most important things in gambling is know when to stop, there are numerous of stories where people won a lot of money from gambling, so its not correct to stated that no gambler ever won, only the greedy gambler that never won

I have experienced losses on the first round of gambling itself, I mean to say the probability of winning in gambling even in short-term is not a guaranteed one even you know when to stop and how to control your gambling thirst. You may win some entertainment but definitely not some money.

I agree there are many successful stories but that were instants but definitely not an example for other gamblers to repeat similar to that. Yes, even we may win millions from gambling but only when our luck is favors us on that particular day. There will be no meaning on keep playing gambling just for the reason of finding out a lucky day as it may happen once in lifetime or once in hundred years.

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[icecube45]

Yes this is gambling, we cannot experience victory in full. Gambling is a business, and surely the owner will get a profit. And the profit gained is from the defeat of the gamblers. If we play gambling, even though we always win, the defeat percentage is greater, so that overall we suffer losses. This is natural because if the gambler plays and always wins, the owner will certainly suffer losses, and this will not be possible. So we must realize that there is no victory that is entirely at gambling.

[swogerino]

Those kind of games are dangerous as almost everyone can be hooked up to them easily. However the fact that you know that you have only 20% chance to win should have kept you away. Even in casinos where they say they only have less than 2% house edge is difficult to win, imagine in a game where you only have 20% chance to win.As much as I like gambling I will never play in a gambling game where my chances are only 20%.

[susila_bai]

What ever the House edge be and what ever the chances of winning be, in the end you will lose all your investment in gambling, As it can only produce winning for short term when you start to play in long you will start to lose in any way. So it is better that if you have knowledge in Sports betting then you can bet their as winning bet profit let it be small but it is sure that you will win.

[Betwrong]

Well there is a chance winning in gambling, if you play for short term than you can win some, the most important things in gambling is know when to stop, there are numerous of stories where people won a lot of money from gambling, so its not correct to stated that no gambler ever won, only the greedy gambler that never won

That's a bad advice.
Even if you stop - for how long will you stop? For 1 week, 1 month, 1 year?

You see ... unless you don't gamble at all - gambling is a bad proposition ... so your advice "know when to stop" is a bad advice. And it has been proven to be a bad advice throughout history.

The OP is right, the players never win, it's only the house that constantly wins.

If you read the OP carefully, you can see that the house can't win anything in the long run in that particular game because there is no house edge in that game as @Barcode_ has pointed out. But that would be so, if they weren't cheating from the very beginning (which was most likely the case). If you go to a land based casino which is not a well-known one, you should expect to be cheated, because that's how they make money for ages. Well known casinos, on the other hand, don't cheat but make their profits from the house edge.

[emberbekas]

What ever the House edge be and what ever the chances of winning be, in the end you will lose all your investment in gambling, As it can only produce winning for short term when you start to play in long you will start to lose in any way. So it is better that if you have knowledge in Sports betting then you can bet their as winning bet profit let it be small but it is sure that you will win.

On several occasions there are times when we can get win in gambling. And the final result will certainly be determined by each individual. Will he continue to use his winning money to gamble or will he withdraw it. If we cannot take advantage of the luck that comes very rarely, then the final results that we find will certainly be bad and not in line with expectations.

[Ranly123]

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

Do you consider color game a gamble? Because for me it is not, and I just bet on it for leisure and not minding about the loss coz it's just a penny. Anyway, color game is winnable if you can manage your bets properly.

[Barcode_]

What ever the House edge be and what ever the chances of winning be, in the end you will lose all your investment in gambling, As it can only produce winning for short term when you start to play in long you will start to lose in any way. So it is better that if you have knowledge in Sports betting then you can bet their as winning bet profit let it be small but it is sure that you will win.

Sometimes it can be quite difficult to win money in sports betting too even if the gambler does tons of research on the match he wanted to bet on, a bad referee decision made in a match could cause big and famous teams to lose a game to much weaker teams at the final whistle, and thus sports betting can still be quite unpredictable on the final result.

[crwth]

Those kind of games are dangerous as almost everyone can be hooked up to them easily. However the fact that you know that you have only 20% chance to win should have kept you away. Even in casinos where they say they only have less than 2% house edge is difficult to win, imagine in a game where you only have 20% chance to win.As much as I like gambling I will never play in a gambling game where my chances are only 20%.

I think those kind of games that make you feel that you are winning and easy to understand are the ones that are definitely dangerous. As you said, people get hooked easily just because they think they are already winning. It's pretty low to consider that you have only 20% chance of winning, only the people who consider the mathematical consideration makes a smart decision not to continue, but for other people who just try to gamble, they don't think that way.

It's best, in my opinion, to stay away from luck games. It's not easy to control, but with skill-based games, then it's more entertaining to do and definitely one of the more sure ways to win in gambling.

[SirLancelot]

On several occasions there are times when we can get win in gambling. And the final result will certainly be determined by each individual. Will he continue to use his winning money to gamble or will he withdraw it. If we cannot take advantage of the luck that comes very rarely, then the final results that we find will certainly be bad and not in line with expectations.

In my experience, those "several occasions" are not happening for all the gamblers. Yes, I do face losses only that too happen at first attempt itself not after a win. I tried sports betting also. But, no differences.

[onrise]

What ever the House edge be and what ever the chances of winning be, in the end you will lose all your investment in gambling, As it can only produce winning for short term when you start to play in long you will start to lose in any way. So it is better that if you have knowledge in Sports betting then you can bet their as winning bet profit let it be small but it is sure that you will win.

On several occasions there are times when we can get win in gambling. And the final result will certainly be determined by each individual. Will he continue to use his winning money to gamble or will he withdraw it. If we cannot take advantage of the luck that comes very rarely, then the final results that we find will certainly be bad and not in line with expectations.

People get so much carried away in gambling that inspite of winning the amount they think they want more and never satisfied with the winning. Thus they continue to gamble and if luck changes they lose the money and then regret of not withdrawing it. Hope people will change this behavior which will help them only.

[InvoKing]

On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

Well, if you look carefully you will find people spending their money in a way or another. Gambling, clubs (sometimes subscribing in gym without going more than once), shopping stupid stuff... and they will keep doing it. The particularity of gambling is that if you abuse it, you will be broke for sure. You should know when to join and when to stop.

[goaldigger]

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

I do not truly understand how can this game you described be profitable to the local gambling place in your city, because if there is only five different colors in the game, if a gambler pick any of the five colors and strike it, he will receive a profit of x4 times for his winnings.

The calculation will goes in this way - If a gambler decides to place $10 USD on one color, he will win $40 USD if the color he pick strikes on the final result, and his initial betting amount is $10 USD + $40 USD profits = $50 USD returned to him.

This game does have only 5 colors as per described by the OP, so basically this game have no house edge advantage for the casino? If a player does place his bets on three different colors before a game starts, his winning chances would be 60%, and I do not understand why would a casino design a game without the house edge advantage in the first place, as both sides are simply relying on luck as the main factor to decide who would be the winner in the long run.

Yes but thats the strategy. Some place bets on three colors to increase chances of winning. But only few people do this. Some just bets on one to avoid losing more if the winning color doesnt fit to their three choices. This is the deal. If one puts $10 on the first color, even the banker quadruple their bets, the four other color has higher bets that can fill the winning color plus having an excess. There are also times that there are no bets in the winning color. So thats a jackpot.

[Johnzky]

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

LEt me correct the choices,and it was 6 different colors that gives you a chance to make your bet double or even triple.or maybe i played different game in my local community,butbi tend to disagree on your title because i remmber when i was in grade school,i use to beat the bankers and take all the money from the bank ,thats a clear example of winning from gambling and what you are saying is depend on the gamblers attitude,because i know some people that knows how to limi their self whenever they are playing

[maydna]

I am sure that there is a gambler who can win in gambling and I believe they can earn much money because they have luck at that moment. We don't know when the luck comes because luck can happen to any people who deserve and this makes people continue playing the games. They still playing gambling because of they hope that in one day, the luck will come to them so people can win the game, but they don't know that it's hard to know when the luck will appear.

[NavI_027]

So, i recently went to a local gambling place here in our city and i participated in this game called color game.

It's very hard to win in so called "color game" dude, even me got a hard time earning from it. I always play it during fiestas since I was a child but what always  happens is that I'm eiither ending up with no profits or the worst is money loss (but not too huge). Well, that's gamble — there is no assurance of winning.

If you think color game is hard to play then what more for the game where you throw coins and should be placed inside the box in order to win prizes based to its number and color. I always win a glass or a bowl sometimes on that game

[hahay]

So, i recently went to a local gambling place here in our city and i participated in this game called color game. In this game you will choose from five different colors and if you win, your price will be times four of your bet. The chances is obviously 20% and i myself admitted that i get hooked up to it immediately. Who else dont want an easy money by the way. What i observe is that nobody wins in gambling in any other way except if you are the owner of the said stall. Your chances of winning is just 20% and the initiator has 80%. Imagine that big?. Even though they quadruple your money, their winning steak is also higher than what they give to you. Plus, psychologically, if people experienced winning , they will not stop betting until they do not have enough money to bet. On the other hand, if they win, they will return the other day to gamble again. Lucky to them if they win again but most of the time, they are not.

I wonder why we still go to local gambling places that will spend more of your money on transportation etc. The world has developed with technology and many online gambling have many bonus offers with their promotions. So with the availability of online gambling that we easily access, then I don't think we need to spend money at a local gambling place which of course will spend more of our money, we realize the house always wins and if we already know our low level of victory why are you still playing? If that happens to me then I will not play it.

[Johnyz]

So, i recently went to a local gambling place here in our city and i participated in this game called color game.

It's very hard to win in so called "color game" dude, even me got a hard time earning from it. I always play it during fiestas since I was a child but what always  happens is that I'm eiither ending up with no profits or the worst is money loss (but not too huge). Well, that's gamble — there is no assurance of winning.

If you think color game is hard to play then what more for the game where you throw coins and should be placed inside the box in order to win prizes based to its number and color. I always win a glass or a bowl sometimes on that game

Looks like we are playing on the same place. 
Well, that's true its really a losing game actually not only if you know how to save profit and control yourself you can win but we all know that its hard to do that most especially in this kind of situation.

We can win in gambling of course, but you must have much control to yourself and great attitude towards that goal. Gambling is really not good for long term, and if you continue to depend on gambling you will be place in a not so nice place in the future.

[swogerino]

So, i recently went to a local gambling place here in our city and i participated in this game called color game.

It's very hard to win in so called "color game" dude, even me got a hard time earning from it. I always play it during fiestas since I was a child but what always  happens is that I'm eiither ending up with no profits or the worst is money loss (but not too huge). Well, that's gamble — there is no assurance of winning.

If you think color game is hard to play then what more for the game where you throw coins and should be placed inside the box in order to win prizes based to its number and color. I always win a glass or a bowl sometimes on that game

Looks like we are playing on the same place. 
Well, that's true its really a losing game actually not only if you know how to save profit and control yourself you can win but we all know that its hard to do that most especially in this kind of situation.

We can win in gambling of course, but you must have much control to yourself and great attitude towards that goal. Gambling is really not good for long term, and if you continue to depend on gambling you will be place in a not so nice place in the future.

It is very difficult to win in gambling. Some months ago I decided to give a try to the service called Premiumtipping here in bitcointalk. I started well by winning the 3 first bets, those people always did 3 games or 4 with odds 1.15 to 1.25 and I thought this was end of my financial problems so was very happy.... for the moment.

Soon after they start losing bets a lot and I woke up from my imaginary dream that with gambling you can win. You can't in reality so nothing to do about it, the smart people are those who don't play at all or only play on occasions like Champions League.

[wuvdoll]

We can win in gambling of course, but you must have much control to yourself and great attitude towards that goal. Gambling is really not good for long term, and if you continue to depend on gambling you will be place in a not so nice place in the future.

Controlling yourself and great attitude may help you to prevent losses but definitely will not help you to win in gambling. Gambling is not good neither for long term nor short term. It is only good for spending your time in exciting way, nothing more. Do not expect anything in return for the money you are spending for the gambling then you can make the most out of gambling. That may be considered as the winning moment in gambling.

When you are gamble in "don't care" mode, you may start enjoying your gambling activities. This will lead to some big excitements. This must be the actual benefits we could enjoy with gambling and we may term this as winning in gambling. Now, it is possible for anyone to win in gambling in this way.