Nobody wins in gambling anyway

[Dread Pirate Roberts]

20% chance ? well its not fair . if the prize its huge its oke . back to user again to decide .
but any gambling tough its always promising something good right ? its about mind to be wise or just do it as desire.

[STT]

Look at the % odds for most national lotteries.   You are more likely to meet aliens then win the grand prize       But thats still fair enough possibly as they spend some on administration in collecting and advertising and the entry fee is tiny most of the time which makes it highly accessible

Sometimes in terms of pay offs, the best wins come to those entering with the largest amounts and risking that large ticket prize.   Many view high capitalism like this, the very richest getting 50% or even 100% returns on their ownership in just a few years.    All depends, pays to know your maths and relative risk parameters to compare everything

[crwth]

Look at the % odds for most national lotteries.   You are more likely to meet aliens then win the grand prize       But thats still fair enough possibly as they spend some on administration in collecting and advertising and the entry fee is tiny most of the time which makes it highly accessible

That is if there are real Aliens that are roaming within our civilisation or something. I think having the probability of being struck by lightning is higher compared to meeting aliens. Spooky lol.

Sometimes in terms of pay offs, the best wins come to those entering with the largest amounts and risking that large ticket prize.   Many view high capitalism like this, the very richest getting 50% or even 100% returns on their ownership in just a few years.    All depends, pays to know your maths and relative risk parameters to compare everything

That’s true in my opinion, having the larger amount of bet could make you have higher risk but higher reward as well. I think that is what is happening with the rich becoming richer and the poor becoming poorer. It’s not applicable to everyone but that is happening.

[KingDome]

Nobody does, but the owner of the gambling machine does.

[Oasisman]

Nobody does, but the owner of the gambling machine does.

Well, just like what they say about casinos " the house always win". Gambling is supposed to be just for fun and what you will get as profit is just a plus. But, it turns out to be out of control, coz it seems like most people turned gambling into living.

[Pattart]

Gambling is very risky for everyone including the pro gambler and you know you cannot win in gambling except you have luck. I agree nobody can win in gambling in a day long because the luck will not happen in many times and luck will only come to you in one or two times, so you need to realize.

Thats the point, as long as you have luck then you can profit from gambling. but the question is, can luck survive in the long run? maybe or not? if possible, you can continue to profit. but if you don't, you will suffer losses, but will you depend on luck to get money dude?

[Vaculin]

Gambling is very risky for everyone including the pro gambler and you know you cannot win in gambling except you have luck. I agree nobody can win in gambling in a day long because the luck will not happen in many times and luck will only come to you in one or two times, so you need to realize.

Thats the point, as long as you have luck then you can profit from gambling. but the question is, can luck survive in the long run? maybe or not? if possible, you can continue to profit. but if you don't, you will suffer losses, but will you depend on luck to get money dude?

Absolutely not, because the fact that you rely on luck that makes you loss over time.
You should be relying on your skills in order to survive this game, if you win in the long run, that's the proof that you are a successful gambler.

[reactorjuno]

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.

That's the equivalent of a coin toss that makes you win 0.80 EUR if you guess right, and lose 1.00 EUR if you guess wrong. Clearly not worth it, that's a 20% margin on the odds by the house. Just stay away.

Like you said, many are ignorants and addicted, they don't think too much and try their luck. Best way to gamble is to make sure you can beat the odds, or at least get lucky (lottery, jackpot).

At the end of the day it should remain fun. Addiction can be very dangerous.

[The Cryptovator]

It's wrong that nobody wining on gambling, as per your example you bet on color at the same time others choose another color so eventually someone have won. But bad for you that you are on loss. Same way everywhere, some one wining that's why people's are playing gamble. But it's true that most of people's in loss. But they can't leave gambling due to greedy nature. And if someone start gambling and it's became like addiction then it's very difficult for him to leave gamble. If some one just play sometimes for hobby or time pass it's different case. But mist of loser think they can recover their capital. In a result they are loasing more.

[fullhdpixel]

Gambling is very risky for everyone including the pro gambler and you know you cannot win in gambling except you have luck. I agree nobody can win in gambling in a day long because the luck will not happen in many times and luck will only come to you in one or two times, so you need to realize.

Yes, luck will come and go and we cannot do anything about that. In this way there will be no differences if you gamble a full day or few hours. We need to understand that gambling is just a game of uncertainty and randomization hence we cannot expect only one result all the times.

Results will vary every day and we need to accept that and need to move on. If you get frustration on your unexpected results then that will lead to psychological problems.

[playboy654]

Gambling is very risky for everyone including the pro gambler and you know you cannot win in gambling except you have luck. I agree nobody can win in gambling in a day long because the luck will not happen in many times and luck will only come to you in one or two times, so you need to realize.

Yes, luck will come and go and we cannot do anything about that. In this way there will be no differences if you gamble a full day or few hours. We need to understand that gambling is just a game of uncertainty and randomization hence we cannot expect only one result all the times.

Results will vary every day and we need to accept that and need to move on. If you get frustration on your unexpected results then that will lead to psychological problems.

if we spend more time on gambling then we can definitely last over money it is the learning things I got from gambling because gambling gives you the profit in the starting stage but when the game moving you will definitely last your profit and your money always go to down.

[rodel caling]

That is not true why I tell that? my reason is gambler while playing and got win once or twist didn't satisfied after all of that the ending is got with nothing all money are losing because of not set greed control as gambler.

[michellee]

Gambling is very risky for everyone including the pro gambler and you know you cannot win in gambling except you have luck. I agree nobody can win in gambling in a day long because the luck will not happen in many times and luck will only come to you in one or two times, so you need to realize.

Gambler depends on their luck so I don’t think they will win more if they continue to gamble even if they lose much money already. In gambling the early you exit the casinos or any gambling site, the more chance of securing profit. If you don’t find any luck on gambling, stop it and look for other investment opportunities or better to invest on a gambling sites.

I don't think too because they don't have any chance to see the luck will stay on their side. People gamble their money in a random game just because they think that they can win some cash.
They seem to forget to remind that in the gambling game, they must have luck so they can win. But some people really know about this, and they can leave the game without a look back to the game, and they only said, it's not my day to win that money.

Gambling is very risky for everyone including the pro gambler and you know you cannot win in gambling except you have luck. I agree nobody can win in gambling in a day long because the luck will not happen in many times and luck will only come to you in one or two times, so you need to realize.

Thats the point, as long as you have luck then you can profit from gambling. but the question is, can luck survive in the long run? maybe or not? if possible, you can continue to profit. but if you don't, you will suffer losses, but will you depend on luck to get money dude?

In my opinion, the luck will not survive in the long run, I've seen my neighbors playing dice on one gambling site, and I look at her closely in every round.
Yes, she can win some litecoin, but in the next 3 cycles, she loses half of her winning, so she stops for a while as my suggestion and continue after 3 hours, but the result was the same as before and she decides to quit.
But I don't know with the other people, and maybe they have great luck stay behind them.

[omonuyak]

Nobody really win in gambling and these are comments from loosers.  I have come across several people that makes money from the gambling.  Remember that many people has also testifying here on how much they have make from gambling.  If you loose today that did not mean the gambling companies has not make some loses also.

[Pettuh4]

Nobody really win in gambling and these are comments from loosers.  I have come across several people that makes money from the gambling.  Remember that many people has also testifying here on how much they have make from gambling.  If you loose today that did not mean the gambling companies has not make some loses also.

You are right, there are winners out there and most of them are not regular gamblers  and so many tend to conclude that gambling isn't profitable when they see the regular guys loose day-in and day-out. There are pure lucky guys out there who have made fortunes in Las Vegas and they are in business right now and not sitting at the casinos every now and then to try to win more.

[UmerIdrees]

Gambling is very risky for everyone including the pro gambler and you know you cannot win in gambling except you have luck. I agree nobody can win in gambling in a day long because the luck will not happen in many times and luck will only come to you in one or two times, so you need to realize.

There are few experienced gamblers who know how to win and how to react in case of loss. They know how to invest in a single gambling game and what to do with profit and seed money in case of win and how to play safely in case of loss.  
Those who are new in gambling, don't know any of these skills and they tend to lose more than winning.

[justspare]

There are few experienced gamblers who know how to win and how to react in case of loss. They know how to invest in a single gambling game and what to do with profit and seed money in case of win and how to play safely in case of loss.  

Experience and gambling are two different worlds and you do not believe into myths. I mean to say there is no experienced gamblers are existing. With respect to gambling, each and every gamblers are novice gamblers, No EXCEPTIONS. If growing as an experienced gambler is possible then most of the gambling houses would have been bankrupted by this time. Just note, how many people are gambling here for years if everyone is turning as an experienced gambler then what will happen to gambling houses ?

Those who are new in gambling, don't know any of these skills and they tend to lose more than winning.

That is true. As per I have already stated everyone is new in to gambling at every time and that is the reason we are all losing and rarely we do win in gambling. Still, the winning amount is not bigger than what we are losing so we do chase our losses and then losing again and again.

[crwth]

Those who are new in gambling, don't know any of these skills and they tend to lose more than winning.

That is true. As per I have already stated everyone is new in to gambling at every time and that is the reason we are all losing and rarely we do win in gambling. Still, the winning amount is not bigger than what we are losing so we do chase our losses and then losing again and again.

I don't think that those who are new in gambling always lose. I happened to believe with the term "Beginners Luck," and I have seen it with my own eyes. I also have experienced it also. The ways you are not expecting is when it will happen. It did to me.

Anyways, I think everytime we gamble, we lose most of the time, just because of the house advantage. The idea that you said, the chase with the losses, that's most of the time with people who lost in gambling. They cannot move on, ignore the past, and continue to gamble without any emotions. I guess that adds to the reasons why people, we, still bet.

[reactorjuno]

This kind of thread is the reason why I started this topic an hour ago > https://bitcointalk.org/index.php?topic=5091461.0

It's all about money management, self discipline, you will need luck to win but it is definitely possible. It is just up to you not to get addicted, play for fun, pray for some luck. And yes you can win.

[akram143]

This kind of thread is the reason why I started this topic an hour ago > https://bitcointalk.org/index.php?topic=5091461.0

It's all about money management, self discipline, you will need luck to win but it is definitely possible. It is just up to you not to get addicted, play for fun, pray for some luck. And yes you can win.

If you person spend little time in gambling then he will be definitely profitable if a person use gambling as full time earning then he cannot make profit because the coming profit will always be lost when you spend lot of time in gambling that's why they having food time is not considered as a job so we cannot involved in gambling is always better for us.