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Author Topic: The houses always win, are you the house or the gambler?  (Read 1157 times)
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July 27, 2021, 10:43:43 PM
 #101

The houses always win, are you the house or the gambler?



Yes, they always win and you can only beat them from time to time and gamblers must know this fact if they don't want to lose all their money, if you try to win against the house you will end up saying I thought I can beat the house but fact is you cannot however you try so keep in your heart that you cannot win against the house, it's just impossible.

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July 27, 2021, 11:48:36 PM
 #102

~snip~
Dont even try to think on beating up the house because this is way too impossible.
^ Definitely right, if all gambling businesses will end up keep losing house edge probably none of them will ever survive, it will probably most of them will stop running a business. That is a business and I think no one will waste money if you have a gambling site that always losing money. However, on other hand, gambling is intended for entertainment purposes only so never think of beating the house edge because that is impossible that you will continuously win on it.
If the house could be beaten up then there would be no  gambling businesses nowadays.We have seen on how they did flourish out into the market which simply indicates that they are really making big money in the market.

Having this mindset  will really be pushing you out of your limits or boundaries which is the main cause on why people do end up on getting addicted.

Play for fun and dont tend  to chase losses because this would really be ending up on a  disaster.

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July 28, 2021, 01:42:58 AM
 #103

The houses always win, are you the house or the gambler?


i am the Gambler , but i never win mostly so yeah the House always wins lol.

But whatever comes yet i enjoyed my gambling activities, because as far as I am doing now is looking for Fun and the winnings is just a Bonus .

But know what? all my activities are doing great now since i change my vies in gambling.
 not like when I was still looking for win that mostly i lose, now that I look for fun i find happiness and wins.

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July 28, 2021, 08:16:50 AM
 #104

One way to win against the house is by not playing, you don't win or lose but ultimately, they don't win against you since they didn't get any of your money. I would say that I am more of a gambler more than the house because the house is a small circle and not everyone belongs in it.
No problem with that but the casino will have other gamblers who want to play gambling, whether they lose small or big money. The casino will take the gambler's money who can not control themselves and even the gamblers can win for the money, the casino will get it again from the other gamblers. We are all gamblers and still playing gambling because we like it but we must remember not to use the money that we can not afford to lose at the gambling table. We have the other things that need that money for our life.

Nailed it! whatever happened to your gambling activities inside the casino it won't hurt them much,
those well known casino business always have the edge since there are patron who keeps on coming back and play,

If you win some and you made it to quit while you have the money then it simple, you win against the house but keep
in mind that eventually you'll going to playback most if not all the gamblers have this same mentalities and by then the house is fully ready for you.

Losing that day will keep you coming back and gives the house more opportunities to suck your savings.
The only thing that can make the casino reduce their profit is controlling most gamblers and knowing when to quit gambling after they win. If they can do that, the gamblers can save themselves and enjoy the win money while the casino will search for the other gamblers who do not have good control. We should quit gambling while winning some money if we do not want to see that money will be gone in the next rounds. But unfortunately, only a few gamblers can do that while the others will still playing more.

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July 28, 2021, 09:32:53 AM
 #105

The houses always win, are you the house or the gambler?


i am the Gambler , but i never win mostly so yeah the House always wins lol.

But whatever comes yet i enjoyed my gambling activities, because as far as I am doing now is looking for Fun and the winnings is just a Bonus .

But know what? all my activities are doing great now since i change my vies in gambling.
 not like when I was still looking for win that mostly i lose, now that I look for fun i find happiness and wins.

Are you sure that you have never won even once? The statement of "the house always win" applies for those who desperate in their gambling journey. It can be due to bad money management and bad self control. To be frank, I do not believe if you have never won even once. There must be a time when you won some but you could not stop so you lost it all eventually.

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July 29, 2021, 05:53:52 PM
 #106

The impression of gambling is to give plebs and others which may involve the option of winning through the unguaranteed chance and base on the OP question no gambler will ever be the house except those that invested in the house bankroll but it's not always profitable as people believe it to be because it also involves risk taking.
Indeed as someone who was at the same time a player and an investor in the house, I can confirm this. Here is my full investment history in Yolodice https://bitcointalk.org/index.php?topic=5254959.0
As a player, I won several times but was too greedy to stop few times which cost me a lot. Overall my stats were negative because I don't know when to stop.
As a small investor, well I passed by bad moments where my balance (and the house) was negative due to lucky dudes sucking a lot of coins. Fortunately those guys don't know when to stop also so they helped us to recover. Others kept winning and made other investors and the house bleeding.
It is what it is, we know the house gives itself an edge, and while some think it is unfair it is completely normal, after all if you buy any product you are not going to buy it for the price the product was produced, you are going to buy it for a higher price so it makes sense to pay a little bit more for the privilege of being able to enjoy your favorite gambling games, so the house over the long term will win and if you are an investor in the casino then you will become a winner as well.

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July 29, 2021, 09:41:11 PM
Last edit: July 30, 2021, 03:28:51 PM by suzanne5223
 #107

The impression of gambling is to give plebs and others which may involve the option of winning through the unguaranteed chance and base on the OP question no gambler will ever be the house except those that invested in the house bankroll but it's not always profitable as people believe it to be because it also involves risk taking.
Indeed as someone who was at the same time a player and an investor in the house, I can confirm this. Here is my full investment history in Yolodice https://bitcointalk.org/index.php?topic=5254959.0
As a player, I won several times but was too greedy to stop few times which cost me a lot. Overall my stats were negative because I don't know when to stop.
As a small investor, well I passed by bad moments where my balance (and the house) was negative due to lucky dudes sucking a lot of coins. Fortunately those guys don't know when to stop also so they helped us to recover. Others kept winning and made other investors and the house bleeding.
It is what it is, we know the house gives itself an edge, and while some think it is unfair it is completely normal, after all if you buy any product you are not going to buy it for the price the product was produced, you are going to buy it for a higher price so it makes sense to pay a little bit more for the privilege of being able to enjoy your favorite gambling games, so the house over the long term will win and if you are an investor in the casino then you will become a winner as well.
I support what you said about not sell at a certain price it was bought. In my perspective, I believe the house edge is still fair but the sad part is that 95% of all gamblers believe the house to always win which is never how it works and people like Snipie which have done bankroll investment can prove it not always like that cause the house make lost at some point.

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July 29, 2021, 09:49:25 PM
 #108

The impression of gambling is to give plebs and others which may involve the option of winning through the unguaranteed chance and base on the OP question no gambler will ever be the house except those that invested in the house bankroll but it's not always profitable as people believe it to be because it also involves risk taking.
Indeed as someone who was at the same time a player and an investor in the house, I can confirm this. Here is my full investment history in Yolodice https://bitcointalk.org/index.php?topic=5254959.0
As a player, I won several times but was too greedy to stop few times which cost me a lot. Overall my stats were negative because I don't know when to stop.
As a small investor, well I passed by bad moments where my balance (and the house) was negative due to lucky dudes sucking a lot of coins. Fortunately those guys don't know when to stop also so they helped us to recover. Others kept winning and made other investors and the house bleeding.
It is what it is, we know the house gives itself an edge, and while some think it is unfair it is completely normal, after all if you buy any product you are not going to buy it for the price the product was produced, you are going to buy it for a higher price so it makes sense to pay a little bit more for the privilege of being able to enjoy your favorite gambling games, so the house over the long term will win and if you are an investor in the casino then you will become a winner as well.
I support what you said about not a certain for the price it was bought. In my perspective, I believe the house edge is still fair but the sad part is that 95% of all gamblers believe the house to always win which is never how it works and people like Snipie which have done bankroll investment can prove it not always like that cause the house make lost at some point.
Bankroll inhouse investments arent guaranteed but you can  really make use that it would be still in positive in longer terms and even though it isnt really that giving much big returns or interest or parting
but still a worthy thing to look or included into your passive income but of course risk would be always there when some whales do hit up some nasty wins then that would surely affect your profits
on that particular month but not that really worrying scenario because it would be eventually be recovered as long there would be people whom do keep playing on the site then profits
would really be continuing to pour in.

R


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July 29, 2021, 09:58:00 PM
 #109

I’m a normal and happy gambler despite of losing money and despite of house winning against me simply because I know that can be the result of my gambling activities. If you’re a gambler your goal should not to beat the house instead to at least have profit while you are playing on your favorite casinos. The house will always be there monitoring your activities, you can’t hide from them.
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July 29, 2021, 10:01:52 PM
 #110

Bankroll inhouse investments arent guaranteed but you can  really make use that it would be still in positive in longer terms and even though it isnt really that giving much big returns or interest or parting
but still a worthy thing to look or included into your passive income but of course risk would be always there when some whales do hit up some nasty wins then that would surely affect your profits
on that particular month but not that really worrying scenario because it would be eventually be recovered as long there would be people whom do keep playing on the site then profits
would really be continuing to pour in.

As mentioned above, the practice (which was shown on this forum in real time) testifies in favor of the fact that investing in bankroll is a very unfortunate undertaking. The risk / reward ratio is terrible. In addition, if you take into account the volatility of cryptocurrencies and compare with the rate of "growth" of your deposit, it turns out that apart from the risk you get nothing.

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July 29, 2021, 10:03:48 PM
 #111


Are you sure that you have never won even once? The statement of "the house always win" applies for those who desperate in their gambling journey. It can be due to bad money management and bad self control. To be frank, I do not believe if you have never won even once. There must be a time when you won some but you could not stop so you lost it all eventually.



So in the end or if generalizing he never won any as he lost it back and ended the day without anything in he bankroll right?
Indeed all gamblers experienced winning that's the very reason greed and addiction take place and start to manage gamblers mindsets, the urge of feeling the winning and the enjoyment that they feel each time they've got the taste of multiplying/growing their bankroll.

Sad but at the end if that certain gambler don't have any control, the statement house always wins continue to rule.


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July 30, 2021, 03:36:54 PM
 #112

The impression of gambling is to give plebs and others which may involve the option of winning through the unguaranteed chance and base on the OP question no gambler will ever be the house except those that invested in the house bankroll but it's not always profitable as people believe it to be because it also involves risk taking.
Indeed as someone who was at the same time a player and an investor in the house, I can confirm this. Here is my full investment history in Yolodice https://bitcointalk.org/index.php?topic=5254959.0
As a player, I won several times but was too greedy to stop few times which cost me a lot. Overall my stats were negative because I don't know when to stop.
As a small investor, well I passed by bad moments where my balance (and the house) was negative due to lucky dudes sucking a lot of coins. Fortunately those guys don't know when to stop also so they helped us to recover. Others kept winning and made other investors and the house bleeding.
It is what it is, we know the house gives itself an edge, and while some think it is unfair it is completely normal, after all if you buy any product you are not going to buy it for the price the product was produced, you are going to buy it for a higher price so it makes sense to pay a little bit more for the privilege of being able to enjoy your favorite gambling games, so the house over the long term will win and if you are an investor in the casino then you will become a winner as well.
I support what you said about not sell at a certain price it was bought. In my perspective, I believe the house edge is still fair but the sad part is that 95% of all gamblers believe the house to always win which is never how it works and people like Snipie which have done bankroll investment can prove it not always like that cause the house make lost at some point.
Bankroll inhouse investments arent guaranteed but you can  really make use that it would be still in positive in longer terms and even though it isnt really that giving much big returns or interest or parting
but still a worthy thing to look or included into your passive income but of course risk would be always there when some whales do hit up some nasty wins then that would surely affect your profits
on that particular month but not that really worrying scenario because it would be eventually be recovered as long there would be people whom do keep playing on the site then profits
would really be continuing to pour in.
Yes, bankroll investment would be good for passive income and could generate positive results if invested for the long term but profit making still not guarantee even when invested for the long term it is like the saying "every investment have its own risk involving".
We have a situation whereby some gambling site bankrupt due to whales' huge winning.

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August 03, 2021, 09:21:04 PM
 #113

The impression of gambling is to give plebs and others which may involve the option of winning through the unguaranteed chance and base on the OP question no gambler will ever be the house except those that invested in the house bankroll but it's not always profitable as people believe it to be because it also involves risk taking.
Indeed as someone who was at the same time a player and an investor in the house, I can confirm this. Here is my full investment history in Yolodice https://bitcointalk.org/index.php?topic=5254959.0
As a player, I won several times but was too greedy to stop few times which cost me a lot. Overall my stats were negative because I don't know when to stop.
As a small investor, well I passed by bad moments where my balance (and the house) was negative due to lucky dudes sucking a lot of coins. Fortunately those guys don't know when to stop also so they helped us to recover. Others kept winning and made other investors and the house bleeding.
It is what it is, we know the house gives itself an edge, and while some think it is unfair it is completely normal, after all if you buy any product you are not going to buy it for the price the product was produced, you are going to buy it for a higher price so it makes sense to pay a little bit more for the privilege of being able to enjoy your favorite gambling games, so the house over the long term will win and if you are an investor in the casino then you will become a winner as well.
I support what you said about not sell at a certain price it was bought. In my perspective, I believe the house edge is still fair but the sad part is that 95% of all gamblers believe the house to always win which is never how it works and people like Snipie which have done bankroll investment can prove it not always like that cause the house make lost at some point.
On the short term due to how unpredictable probabilities can be a player can in fact obtain profits but we know that over the long term the profits are going to go to the casino since they have an advantage over you, this is why it is so difficult for a gambler to be profitable over the long term, however I do not really see why some people get mad about this when they knew from the very beginning that the casino gives itself an edge, and when we compare this edge against what other businesses charge you for their products you will see the house edge is in fact very low.

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August 03, 2021, 09:40:02 PM
 #114

Are you sure that you have never won even once? The statement of "the house always win" applies for those who desperate in their gambling journey. It can be due to bad money management and bad self control. To be frank, I do not believe if you have never won even once. There must be a time when you won some but you could not stop so you lost it all eventually.
So in the end or if generalizing he never won any as he lost it back and ended the day without anything in he bankroll right?
Indeed all gamblers experienced winning that's the very reason greed and addiction take place and start to manage gamblers mindsets, the urge of feeling the winning and the enjoyment that they feel each time they've got the taste of multiplying/growing their bankroll.

Sad but at the end if that certain gambler don't have any control, the statement house always wins continue to rule.

Don't say we never win when we gamble, even though we can't control our greed and can't stop when we win. All gamblers must have
experienced winning, but because he could not control his greed, finally the victory he got was lost. Therefore there are gamblers who feel
they have never won, because they never stop gambling when they get a win. Maybe they forgot the houses always win, so they should be
able to stop gambling if they manage to win and continue playing again the next day. That's one way to feel victory when playing gambling,
by stopping when we get a win.

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August 03, 2021, 10:38:28 PM
 #115

Are you sure that you have never won even once? The statement of "the house always win" applies for those who desperate in their gambling journey. It can be due to bad money management and bad self control. To be frank, I do not believe if you have never won even once. There must be a time when you won some but you could not stop so you lost it all eventually.
You are right, there must be something wrong with the players if he never won or even saying about "the house always wins".
Although the house always has bigger chances to win, there is also a chance for us to win. Of course, it will depend on how we play or gamble, including what you said so. Good management of the funds, strategy, risks, and emotions are the combination that should be paid attention to.

R


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August 03, 2021, 10:51:49 PM
 #116

~snip~
Dont even try to think on beating up the house because this is way too impossible.
^ Definitely right, if all gambling businesses will end up keep losing house edge probably none of them will ever survive, it will probably most of them will stop running a business. That is a business and I think no one will waste money if you have a gambling site that always losing money. However, on other hand, gambling is intended for entertainment purposes only so never think of beating the house edge because that is impossible that you will continuously win on it.
Some people do have that competitiveness in mind which do end up on having wrong motives towards gambling which do end up on trying to beat the house even they are aware with the risk due to house edge until they do realize their mistakes when they are already experiencing huge loss or unfortunate things happen into their lives. Gambling is indeed for entertainment and people shouldnt really be forcing out on making it as a source
of income which is really a very wrong mindset to have. Play on your own risk and minding that you are paying for the entertainment you do seek and winnings is just a bonus.

R


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rodskee
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August 04, 2021, 02:36:42 AM
 #117

Are you sure that you have never won even once? The statement of "the house always win" applies for those who desperate in their gambling journey. It can be due to bad money management and bad self control. To be frank, I do not believe if you have never won even once. There must be a time when you won some but you could not stop so you lost it all eventually.
You are right, there must be something wrong with the players if he never won or even saying about "the house always wins".

maybe let us not exaggerate the term because we knew that it does not mean completely winning, OP means house wins more than us so if you are playing best to have right timing when to bet and when to stand up to prevent more losses.

Quote
Although the house always has bigger chances to win, there is also a chance for us to win. Of course, it will depend on how we play or gamble, including what you said so. Good management of the funds, strategy, risks, and emotions are the combination that should be paid attention to.

in the end still it is our discipline will make us win against the house because the constant we play is the highest risk of losing.

I’m a normal and happy gambler despite of losing money and despite of house winning against me simply because I know that can be the result of my gambling activities. If you’re a gambler your goal should not to beat the house instead to at least have profit while you are playing on your favorite casinos. The house will always be there monitoring your activities, you can’t hide from them.
Yes, know your position and limitation .

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August 04, 2021, 03:33:19 AM
 #118

The houses always win, are you the house or the gambler?

Remember only idiot take high risk to get high reward. The houses do not take risk but telling all of you to take high risk. Whether it’s bear market or bull market, the houses always win. The houses do not care whether some of you wageslave plebs actually make a lot of money from the high risk high reward. The houses need some of you plebs to make a good example to a get rich quick scheme, to educate all other wageslaves to not give up the hopes of beating the house. Are you the house or the gambler?



The only time the house gamble is when they are setting up their gambling sites and they are creating their reputation and invite gamblers to play, but after that, they always win against the gambler to cover the cost of the operation, gamblers sometimes win but not all the time, a gambler should always take this fact, whenever he is playing so he will not get surprised why he is not winning, there's always a reminder to play for fun not to make money.

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August 04, 2021, 10:38:33 AM
 #119

The houses always win, are you the house or the gambler?

Remember only idiot take high risk to get high reward. The houses do not take risk but telling all of you to take high risk. Whether it’s bear market or bull market, the houses always win. The houses do not care whether some of you wageslave plebs actually make a lot of money from the high risk high reward. The houses need some of you plebs to make a good example to a get rich quick scheme, to educate all other wageslaves to not give up the hopes of beating the house. Are you the house or the gambler?



The only time the house gamble is when they are setting up their gambling sites and they are creating their reputation and invite gamblers to play, but after that, they always win against the gambler to cover the cost of the operation, gamblers sometimes win but not all the time, a gambler should always take this fact, whenever he is playing so he will not get surprised why he is not winning, there's always a reminder to play for fun not to make money.

Planning the business and create attracting offers to bring gamblers inside the house, indeed. House needs to gamble with this as they are unsure if they'll be able to gain attentions.

But knowing the characteristics of those active gamblers, with good perks and comfortable gaming they'll keeps coming back to play.

After that, mostly house will win maybe experienced gamblers will take money out but it will can covered by HE coming from other gamblers who also playing inside.

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August 04, 2021, 11:52:27 AM
 #120

Using the term "idiot" for those who are risking their money in gambling is way below the belt. You can't blame them and call them "idiot" for making a choice to know the result, that's part of our lives, making choices. It's better to risk than doing nothing at all while keep on thinking what might happen.

But it has a consequence of course. Pushing yourself too far just to make money in gambling will lead you to addiction that will make gambling even more harder than your first time doing it.
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