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Author Topic: Do some gamblers actually win?  (Read 1561 times)
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February 17, 2020, 08:21:12 AM
Merited by CryptopreneurBrainboss (1)
 #1

We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.

But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?

Self-moderation policy:
When you talk on-topic, we are all fine to go. May lock after considerable discussion. Thanks for understanding.

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February 17, 2020, 08:29:32 AM
 #2

I don’t think they are real accounts and can be managed by someone of the site to show gamblers that some persons are winning.I believe that even the most regular gamblers cannot win daily and can’t manage the winnings as you are suggesting.This in dice is impossible as it is a game of chance controlled by a random algorithm which is programmed to make people lose money in the long run.

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February 17, 2020, 08:35:02 AM
Merited by Question123 (2)
 #3

Yes, some gamblers win of course. Otherwise no one will join any gambling sites whatever it dice or something else. Even on a corrupted gambling sites, some gamblers should win in oder to bring more new gamblers. But I believe house always winner averagely, otherwise they won't pay from their pocket always. If you always lost fund on a gambling site will you stay there ? I don't think so, so sometimes you will win as well. Those people are chatting they all are not fakes in my opinions. There is some decent sites called probably fair.

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February 17, 2020, 08:52:18 AM
 #4

But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?
As per provably fair things, at least 50% of gamblers are actually making profits. If every gambler is facing losses then they all might have quit their gambling which will lead to big problems like houses may not survive. Some gamblers make profits and they inspire others and new gamblers want to copy those profits and they try and lose. This is one kind of cycle.

People make profits and they want to repeat and when they try with double the bet amount, they may lose. Still, they may not quit because they got a history of winning big so they will keep trying and results may vary gambler to gambler. Simply, some gamblers may actually win but that does not mean you also will win. Barbecue, you cannot copy their luck.

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February 17, 2020, 09:00:43 AM
 #5

We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.

But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?

Self-moderation policy:
When you talk on-topic, we are all fine to go. May lock after considerable discussion. Thanks for understanding.

If you are in luck based game then chances to win is thin but actually even the chances is low still it's good indicator to tell that their are chances for gambler to win with the house.  Their are skill based game where we can have a huge chances to win and actually I saw my friend winning on poker and other card games.

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February 17, 2020, 09:07:14 AM
 #6

We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.
Always correct. No matter what. If it was the opposite then the casino would go bankrupt provided the outcome of the bets is infinitely large.

Quote
But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?
Gambling sites profile show "profits" precisely, NOT "loss" - get my point? They dont show the P/L ratio or the total loss value. You can see the wager amount and the profit but never the loss value. Wink

Quote
And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?
They are not making profits. They are there because they have lost and are trying to make it back. The incessant attempt to win and lose again and again is what keeps they going and the hope that one day they will get back the lost amount. If one really wins big they leave the casino is they are wise enough and know how the casinos work.

But if they are a fool, like 99.9% of casino players they come back and lose the won money again to get back to the same vicious cycle. Grin

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February 17, 2020, 09:14:45 AM
 #7

When people say that you can win against the house that does not totally say you don't win or you have no chance of winning.
You can win or course but here's the catch, "if you do it for longer term then you'll lose in the long run".. so if you are gambling dice now, you can win if you are lucky but soon enough if you don't know how to stop you'll still be able to lose all your winnings, that's what I believe based on my experience.

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February 17, 2020, 09:41:22 AM
 #8

We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.

But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?

Self-moderation policy:
When you talk on-topic, we are all fine to go. May lock after considerable discussion. Thanks for understanding.
Yes, people do actually make profits but I don't think that they can win consecutively.
If people are showing you their winnings through live chat, maybe they just win more on pure luck. But if you will ask gamblers or if they even tell you how much they lose, you will know that their loss is much higher than their winning.

There are some reasons why some can make a decent profit like they are really lucky or maybe they have some strategy. But I don't think that these reasons can apply every day and every time a certain gambler play.
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February 17, 2020, 09:49:32 AM
 #9

Some really wins, what we're not sure is how long they played to win. Since based on my experience when I play and win at the start and my greediness strikes, I often lose at the end. Some gambler were able to make it as their source of income. In traditional gambling I have seen some neighbor who is able to do it, but in crypto I do see the stats but didn't believe that they will be able to maintain their winning streaks for long.



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February 17, 2020, 09:50:59 AM
 #10

Some gamblers do win but I call them lucky gamblers as you don't win in dice using your skills, if you know people claiming that they do win, that's a complete lie as no strategy would work in dice in the long run. Skilled based games are the only games that could possibly give gamblers a good chance to win but on dice, even how small the house edge, it still favors by the house at the end of the day.

Try your own experiment, gamble in dice consistently like for a year and share you experience, I bet you'll not last that long with a pretty decent amount of bankroll, the only moment I remember I win in dice is when I stop thinking of my previous loses as sometimes we also do have our lucky day.

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February 17, 2020, 09:59:33 AM
 #11

Here's what I think after playing dice on various gambling sites for more than 5 years.

On a site with 1% house edge, 50.50% of all the money wagered there are losses, and 49.50% are winnings. Although there are more money lost on such a site than won, surely there are some people who are in profit from playing this game for years. I personally know couple of guys from PD chat whose overall profits were above 3 BTC at the time it was possible to see it, one year ago or so.

My point is that, contrary to popular belief, not all players are losing in the long run playing luck based games, such as dice. Yes, most of them do lose, but not all of them. This game would be abandoned by now, if it were otherwise.

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February 17, 2020, 10:06:01 AM
 #12

We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.
It is possible to win, most of them say that means that it's impossible to win an amount that you can take home. But, it's possible to win whether there's house edge.

do people actually make profits from dice or the stats are misleading or something?
Yes, there are people that actually make money from dice but it's not all of the time that they are into that winning situation. The question is how many loses they've made before going to that winning moment.


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February 17, 2020, 10:49:34 AM
 #13

When a regular gambler play gambling almost every day, yes, they can win although they cannot win every day. If we know how many of them who could win on that game, maybe it is not many because mostly, many gamblers lose their money even if they use another money to continue to gamble. But I admitted that some of them only tell a fake story about their winning because they can get an image showing their winning from the internet. After all, we don't know the truth.



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February 17, 2020, 11:06:20 AM
 #14

Yes, some gamblers win of course. Otherwise no one will join any gambling sites whatever it dice or something else. Even on a corrupted gambling sites, some gamblers should win in oder to bring more new gamblers.
Perfectly agree with you. The life of the gambling sites won't be lasting if the winners are just fake gamblers. It also happened on shit exchanges, they just worked temporarily and simply disappeared. Manipulation should be uncovered even the team is really professional fraudsters. People will know something strange on gambling sites. In fact, we have known some trusted and popular gambling sites. It means that they are professional gambling sites that most gamblers have proven it, some may already win more than one time.

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February 17, 2020, 11:18:11 AM
 #15

We all read threads where people say that it is impossible to win against the house because the edge that is always against a gambler.

But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?

Self-moderation policy:
When you talk on-topic, we are all fine to go. May lock after considerable discussion. Thanks for understanding.
Of course they are making money yet not all the times when we do talk about gambling it do means loss.There are people who do actually make money out of the site and since we do talk about dice which do matters on luck most of the time then players would only have two situations wether they are making money or losing.Stats arent fake but depending if you do play on a reputable gambling site.You can see which one is losing and which one is profiting unless if you do see the overall wager amount then its totally different.In talks for those people who are active in chat then its just normal for them to be active specially to those who do love to hang out with the site knowing that socialism with other gamblers is somewhat enjoyable it depends on a certain individual though which one looks appealing or depending into this mood.

R


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February 17, 2020, 11:18:58 AM
 #16

A lot of people do win and as with anything in life, some things require a bit of skill to succeed and some need a bit of luck. The house edge will determine how much money will go back to the players, but it does not mean that percentage will go back to a specific player or a group of players.

So, some people might be more lucky and they would win other people's share of the money and for them to win, others will have to lose some money.

There are some games where a bit of skill and knowledge will give you the edge over other players, like with Sport betting and poker etc. I have personally won more than what I have lost, but it will not be a guaranteed scenario, because if you continue playing, you might end up being on the losing side. < Playing only Slots will increase the chances of people losing money, because these games normally have a higher house edge configured>  Tongue

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milewilda
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February 17, 2020, 12:04:54 PM
 #17

But often when I am playing dice and I see chat and view stats of some gamblers there are actually some profiles that show profits while some show loss so my question is, do people actually make profits from dice or the stats are misleading or something?
They do actually making profits and those number arent lies. lol
Misleading are just for scam gambling sites but for legit ones then theres nothing to worry about.

And I am talking about regular gamblers who I mean are active in chat almost daily so it's not like they made profit once and stopped gambling, they are active and gamble almost every day so how some guys are managing profits while others are failing?

Its all matter with luck, you cant determine if those winning fellas are still winning on next second you are seeing.
All is random and can happen in a blink of an eye.

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February 17, 2020, 12:11:30 PM
 #18

Here's what I think after playing dice on various gambling sites for more than 5 years.

On a site with 1% house edge, 50.50% of all the money wagered there are losses, and 49.50% are winnings. Although there are more money lost on such a site than won, surely there are some people who are in profit from playing this game for years. I personally know couple of guys from PD chat whose overall profits were above 3 BTC at the time it was possible to see it, one year ago or so.

My point is that, contrary to popular belief, not all players are losing in the long run playing luck based games, such as dice. Yes, most of them do lose, but not all of them. This game would be abandoned by now, if it were otherwise.
Is there a popular belief saying that all players lose in the long run? You do lose as soon as you don't accept the fact that you've won and turn greedy. It's the brain thinking "If I earned 10% profit so easily, I can earn 10% more again!" and making you believe constant and consecutive wins are achievable.

This is how most players lose. It's a game of luck & addiction. Your brain will want to see that second win, and then the third and so on.. until you lose and then repeat Smiley
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February 17, 2020, 01:03:24 PM
 #19

I think they are just lucky enough or they have their own strategy and they could control their self and stop when they feel like it.
I have an online friend that actually showed me his gambling profile from a dice site and it have a great profit,
I also seen some of my friends gamble and I could say that there are some who could actually manage to win most of the time.
To be honest I envy them back then because as they are making money from gambling I am actually losing.

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February 17, 2020, 01:18:48 PM
 #20

On all the dice sites I gamble on I'm close to breaking even. I believe it is possible to make a profit but it is not easy. It took me some big losses and trying hundreds of strategies to come up with something where I am doing okay and not having any significant losses.

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