Do some gamblers actually win?

[LogitechMouse]

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.

As they always says "Nothing is impossible" and it really is.
They are saying this because most of the gamblers are experiencing losses so in their minds, they think that it is impossible already to win in gambling. It all goes down to the attitudes of the 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?

There are some gamblers who are getting some profits but there are only few of them and most of them are ending up losing. You can consider a gambler who is gambling everyday an active gambler but it doesn't mean that they will gamble all the time. Yes they are gambling everyday but I think there is a specific amount that they are using for gambling. Not all regular gamblers are active in chat box though so you can't judge them that easily that they will stop once they got the profit already. There are some regular gamblers who are not chatting at all and focused on gambling.

[Reatim]

Personally, I love gamble because I choose to keep myself busy and entertain. Frankly speaking, winning in gambling  though difficult but when get it right you win definitely.

I'm not sure, even if you gamble in the right way in the end you will also lose, gambling is no strategy that really gives a victory except when you play together with luck.  in my opinion the level of winning ratio between gamblers and bookie is 30% -70%.

but there is a Knowledge that can bring you to win specially if you are playing Sportsbetting.

Like example Basketball or soccer when you are very familiar with the players,Coach or even the Opposite team,there will be a chance that you have the advantage than the disadvantage.

Like me if i Bet in our local Basketball since i am very familiar in their games i have a Big opportunity of winning which team to take.

and also In boxing,it is not more on Luck right?it is about the capacity of fighter how to defeat their opponents .

[l3pox]

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.

definitely, in some sites the information is verifiable and there's also the lindy effect for gambling sites (even for them!)
so some people may win at random but of course the house will always have their edge.

the point is that the house can't pay more rewards than they earn with other gamblers losing their bets.

[matchi2011]

Personally, I love gamble because I choose to keep myself busy and entertain. Frankly speaking, winning in gambling  though difficult but when get it right you win definitely.

I'm not sure, even if you gamble in the right way in the end you will also lose, gambling is no strategy that really gives a victory except when you play together with luck.  in my opinion the level of winning ratio between gamblers and bookie is 30% -70%.

If you are playing with skills and you are good in analyzing situations then the chance is really good, you can win but don't completely relied on it as luck is not always at your side, even you already did everything and you are expecting the win chances that things can turned against you is possible, it won't be called gambling if you are always gonna win.

[jrrsparkles]

I knew some gamblers who made lot of money from gambling but they never had gambling as source of income so it all ties with everyone's luck not with any kind of strategies.So yes there are people who won more than they lost but why gambling business is still profitable even after they are paying huge rewards is that house got better odds of winning than any player.

[desertfox470]

I think it is possible. Many users probably use some type of strategy to win. That means they aren't necessarily putting all in all the time. They might only be doing pennies. I think over time many people will lose, but there are also people who in the end will come out ahead.

[Asuspawer09]

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.

To be honest, in my opinion, their are so many gamblers that actually lost than actually winning in most of the gambling website, When I was just starting in gambling, playing in a gambling website was actually a game that I think i could never win because it was just every time like for example in a betting game you could actually win for a few rounds but for sure in the end you are just going to lost all of your profit.

This was just the normal thing to think if you are just getting started in gambling but after experience or experiment in the game itself. It turns out you could actually win it with luck but of course, you cannot win all the time. Still, it was just depending in luck sometimes you are going to get a big profit in just a small-time so I guess you better stop playing or cash out already 

[3meek]

Of course there are professionals who make money on sports betting! But to do that, you need to know a lot more about sports events than ordinary people... Maybe even have some insides!

As for slot machines, it seems to me that it is impossible to win here all the time! It's more fun than making money...

[romero121]

Lots and lots of professional gamblers experience good winning, but the success can be defined based on the winning that is carried forward. Very few have a good track record of continued winning, while majority experience win and further loss everything within a very short time period.

The mistake or the lack of understanding about gambling results in loss. Every gamblers could've won atleast once, but for the same everyone isn't a winning gambler.

[BlackMambaPH]

Recently I suffer an addiction to gambling (Because of this fucking quarantine). So this kind of question also comes to my mind then my mind answers me "No, they will just ruin your life". I gambling to look for enjoyment but what happens to me is the opposite of what I'm looking for.

[KTChampions]

Obviously, most gamblers over a long distance will have a negative balance (losses). But some of them will be in plus even after thousands of bets. This is explained purely mathematically: out of a million players, someone (purely by accident) makes an almost always successful bet.

[hahay]

Whatever gambling is against the house at least we cannot do it continuously or I mean, we must be able to realize the right time to continue betting or stop immediately and at least that is the experience I have experienced, it is also part of the way we manage victory or keep funds or capital still good because then at least we have good control so that we will be able to realize the time to continue or stop, when the results are bad in the initial roll several times then at least we will try the roll again in a few hours later and that is a control that we must realize in gambling against house.

[seleme]

Obviously, most gamblers over a long distance will have a negative balance (losses). But some of them will be in plus even after thousands of bets. This is explained purely mathematically: out of a million players, someone (purely by accident) makes an almost always successful bet.

Those who suffer from gambling addiction will understand your arguments and will agree with the mentioned points. House edge melts the risk/reward ratio and beating the house edge is impossible. Every possibility is calculated statistically, long term gambling is not fun, it is called gambling addiction. That is why everyone suggests gambling when you feel boring or emotionally drained with money management.

[dunfida]

Obviously, most gamblers over a long distance will have a negative balance (losses). But some of them will be in plus even after thousands of bets. This is explained purely mathematically: out of a million players, someone (purely by accident) makes an almost always successful bet.

Those who suffer from gambling addiction will understand your arguments and will agree with the mentioned points. House edge melts the risk/reward ratio and beating the house edge is impossible. Every possibility is calculated statistically, long term gambling is not fun, it is called gambling addiction. That is why everyone suggests gambling when you feel boring or emotionally drained with money management.

If you do earn for profits then expect for that kind of behavior because people do seek entertainment wont mind if they do loss or not as long they do able to get the fun the do seek.
Of course there are gamblers that do actually win but we know the ratio of losers is high compared to it.Money making is what most people do target of thats why in the end of the day
most of them or majority being wrecked up by the house and this is why gambling industry is profitable due to this kind of behavior of most people.

[Kong Hey Pakboy]

Gamblers do actually win and earn a huge profit from playing gambling. The only reason why gamblers lose a lot of money in gambling because they are pushing themselves to earn huge profit again and become so greedy that they think they could win in their next bet. So it is better to control yourself and to stop playing if you are experience a lose streak because you may get back all of your losses next time.

[Degens]

I work for Degens betting exchange and 36% of our customers are long term winners. Betting exchanges have a higher win rate because punters can choose their own odds. IE) They will get +110 on coin flips, whereas a sportsbook user gets -110.

I'd suspect the amount of winners at sportsbooks to be in the 7% range as it's extremely difficult to beat the vig in the long run.

[ethereumhunter]

That is why everyone suggests gambling when you feel boring or emotionally drained with money management.

As long as he can manage his money and control his emotion on gambling, that will be okay, and he can play anytime he wants. But most people will lose that thing if they play too long and they cannot remember that things will be gone if they still playing gambling. We should realize that losing money is something that we can get in gambling, but if we are lucky, we can win some cash. So you need to leave when you think it is enough to play gambling.

[JoMarrah Iarim Dan]

I know someone who actually win but I only seen this on tv and I think this kind of game only exist in my country. (But I am not really sure of that). Well, I just want to share this video from one of the famous TV show.
Video url of the winner : https://youtu.be/H_jILsnmo5Q
So some gamblers actually win ? Yes. But luck is not for all so let us not assume that we can won easily on gambling. It is still risky after all.

[AicecreaME]

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.

definitely, in some sites the information is verifiable and there's also the lindy effect for gambling sites (even for them!)
so some people may win at random but of course the house will always have their edge.

the point is that the house can't pay more rewards than they earn with other gamblers losing their bets.

It is not gambling anymore if no one is winning on it, it should be called capitalism, where the owner of the business always after so much huge profits where it forgot to share something on its client, which are gamblers.

I agree on the fact that they need to let us win even if it is just sometimes or when we're not expecting it, otherwise it would be boring, it will turn out to be a low-key stealing money on their clients, which is bad to their reputation and business if they wanted a long term business as well as profits.

[DarkDays]

I know someone who actually win but I only seen this on tv and I think this kind of game only exist in my country. (But I am not really sure of that). Well, I just want to share this video from one of the famous TV show.
Video url of the winner : https://youtu.be/H_jILsnmo5Q
So some gamblers actually win ? Yes. But luck is not for all so let us not assume that we can won easily on gambling. It is still risky after all.

Well I wouldn't say it's as extreme as that. Based on pure statistics just under half of people should walk away as winners.

Assuming a casino has a house edge of 2%, this means that 48% of people walk away winners assuming they only bet once. However, most people bet more than once, hence this multiplier is applied to each successive bet, which means they gradually lose more and more money.

This is exactly why more casinos will do what they can to ensure players wager multiple times, rather than just a large one and done bet.